{"id":23096,"date":"2025-09-15T08:30:39","date_gmt":"2025-09-14T23:30:39","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&#038;p=23096"},"modified":"2025-09-14T10:46:05","modified_gmt":"2025-09-14T01:46:05","slug":"lobin-weekly-update-009","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-009\/","title":{"rendered":"Lodging Market Weekly Update 009"},"content":{"rendered":"<style>li {margin-bottom: 10px;}<\/style>\n<p>2025\/08\/31 &#8211; 2025\/09\/14<\/p>\n<h6>Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/dealsite.co.kr\/articles\/148154\/068030\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Westin Seoul Parnas<\/strong><\/a>: Parnas Hotel officially opened the Westin Seoul Parnas on September 15, 2025, rebranding the former InterContinental Seoul COEX. The hotel features 564 rooms across 8 room types, including a Presidential Suite. With this launch, the company is pursuing business diversification, including a transition into a \u201cglobal people-care company\u201d and expansion into senior residence operations.  <\/li>\n<li><a href=\"https:\/\/thebell.co.kr\/free\/Content\/ArticleView.asp?key=202509101457303720108667&amp;svccode=04\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Lotte Operating Cash Flow<\/strong><\/a>: Hotel Lotte recorded operating cash flow of approximately KRW 555.4 billion in the first half of 2025, a significant increase from KRW 75.3 billion in the same period last year. The main driver was Lotte Duty Free reducing its inventory of direct purchases related to Chinese daigou (parallel traders). However, the company still posted a net loss, with analysts attributing the improvement largely to accounting changes from inventory reduction.  <\/li>\n<\/ul>\n<h6>APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4128772.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hilton and YTL Partnership<\/strong><\/a>: Hilton and YTL Hotels are expanding their partnership to introduce new luxury and lifestyle hotel brands in Thailand and Japan. Specifically, Rawai Phuket and Kasara Niseko Village will join the LXR Hotels &amp; Resorts brand, The Green Leaf Niseko Village will be rebranded under Hilton\u2019s Tapestry Collection, and Hinode Hills Niseko Village will transition to the Curio Collection by Hilton. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013205\/hannah-st-hotel.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hannah St. Hotel Melbourne<\/strong><\/a>: The newly developed 188-room boutique Hannah St. Hotel has opened in Melbourne\u2019s Southbank district. Developed through a AUD 150 million collaboration between Time &amp; Place, MaxCap Group, TFE Hotels, and construction firm Hickory, the project ties into the AUD 1.7 billion Melbourne Arts Precinct redevelopment, enhancing Southbank\u2019s hotel and tourism infrastructure. The property features neighborhood dining and bar options, a rooftop bar, and event spaces. <\/li>\n<\/ul>\n<h6>Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/commercialobserver.com\/2025\/09\/goldman-sachs-peachtree-126m-refi-hotel-portfolio\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Pacifica Hotels Refinancing<\/strong><\/a>: The Pacifica Hotels portfolio, comprising 7 hotel assets across the U.S. South and other regions, secured approximately USD 126 million in refinancing from Goldman Sachs and Peachtree. This proactive refinancing strengthens liquidity and enables capital investment for maintenance and profitability improvements. <\/li>\n<li><a href=\"https:\/\/www.hotelinvestmenttoday.com\/Deals\/Transactions-Lists\/Deal-activity-August-26-September-2-2025\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Ashford Hospitality Trust Sells 2 Hotels<\/strong><\/a>: Ashford Hospitality Trust sold the Hilton NASA Clear Lake in Houston for USD 27 million and the Residence Inn Evansville in Indiana for USD 6 million. The sale reflects a 1.3% cap rate and a 45.3x EBITDA multiple when factoring in projected capital expenditures, or a 2% cap rate and 28.1x EBITDA multiple excluding CapEx. <\/li>\n<\/ul>\n<h6>Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4128899.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>H\u00f4tel Cap-Estel Acquisition<\/strong><\/a>: Bernard Arnault, chairman of LVMH, acquired the ultra-luxury H\u00f4tel Cap-Estel in \u00c8ze on the French Riviera through his family holding company, Financi\u00e8re Agache, for approximately EUR 200 million. The exclusive 20-room property, located on a peninsula between Nice and Monaco, features a restaurant, bar, swimming pool, and meeting facilities. The deal set a record per-room price, highlighting surging global demand for ultra-luxury hotel assets.  <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4128821.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Dalata Hotel Group Sale<\/strong><\/a>: Shareholders of Dalata Hotel Group, Ireland\u2019s largest hotel operator, have approved the acquisition proposal by Pandox and Eiendomsspar. One of the largest hotel transactions in Ireland, the deal is expected to close by November 2025 following Irish High Court approval. The acquisition strengthens Pandox and Eiendomsspar\u2019s presence in Europe, while enabling Dalata to enter a new growth phase under international capital.  <\/li>\n<\/ul>\n\t\t<div data-elementor-type=\"section\" data-elementor-id=\"22788\" class=\"elementor elementor-22788 elementor-22771\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-685e57f e-con-full e-flex e-con e-parent\" data-id=\"685e57f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b60e79 elementor-widget elementor-widget-wpforms\" data-id=\"8b60e79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpforms.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpforms-container wpforms-render-modern\" id=\"wpforms-22767\"><form id=\"wpforms-form-22767\" class=\"wpforms-validate wpforms-form wpforms-ajax-form\" data-formid=\"22767\" method=\"post\" enctype=\"multipart\/form-data\" action=\"\/en\/wp-json\/wp\/v2\/article\/23096\" data-token=\"086910c64e1a78951f3f93fb6ebc0609\" data-token-time=\"1777698114\"><noscript class=\"wpforms-error-noscript\">Please enable JavaScript in your browser to complete this form.<\/noscript><div id=\"wpforms-error-noscript\" style=\"display: none;\">Please enable JavaScript in your browser to complete this form.<\/div><div class=\"wpforms-field-container\"><div id=\"wpforms-22767-field_1-container\" class=\"wpforms-field wpforms-field-content\" data-field-id=\"1\"><div id=\"wpforms-22767-field_1\" class=\"wpforms-field-large wpforms-field-row\" aria-errormessage=\"wpforms-22767-field_1-error\"><h4>Sign Up for the Lodging Market Weekly Update!<\/h4>\n<p>The email and name submitted will be used only for sending the newsletter, and you can cancel your subscription at any time using the unsubscribe link in the newsletter.<\/p>\n<div class=\"wpforms-field-content-display-frontend-clear\"><\/div><\/div><\/div>\t\t<div id=\"wpforms-22767-field_5-container\"\n\t\t\tclass=\"wpforms-field wpforms-field-text\"\n\t\t\tdata-field-type=\"text\"\n\t\t\tdata-field-id=\"5\"\n\t\t\t>\n\t\t\t<label class=\"wpforms-field-label\" for=\"wpforms-22767-field_5\" >Name Layout Email<\/label>\n\t\t\t<input type=\"text\" id=\"wpforms-22767-field_5\" class=\"wpforms-field-medium\" name=\"wpforms[fields][5]\" >\n\t\t<\/div>\n\t\t<div id=\"wpforms-22767-field_2-container\" class=\"wpforms-field wpforms-field-layout\" data-field-id=\"2\"><div class=\"wpforms-field-layout-rows wpforms-field-large\"><div class=\"wpforms-layout-row\"><div class=\"wpforms-layout-column wpforms-layout-column-50\"><div id=\"wpforms-22767-field_3-container\" class=\"wpforms-field wpforms-field-email\" data-field-id=\"3\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-22767-field_3\" aria-hidden=\"false\">Email <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"email\" id=\"wpforms-22767-field_3\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][3]\" placeholder=\"example@example.com\" spellcheck=\"false\" aria-errormessage=\"wpforms-22767-field_3-error\" required><\/div><\/div><div class=\"wpforms-layout-column wpforms-layout-column-50\"><div id=\"wpforms-22767-field_4-container\" class=\"wpforms-field wpforms-field-name\" data-field-id=\"4\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-22767-field_4\" aria-hidden=\"false\">Name <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"text\" id=\"wpforms-22767-field_4\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][4]\" placeholder=\"John Doe\" aria-errormessage=\"wpforms-22767-field_4-error\" required><\/div><\/div><\/div><\/div><\/div><script>\n\t\t\t\t( function() {\n\t\t\t\t\tconst style = document.createElement( 'style' );\n\t\t\t\t\tstyle.appendChild( document.createTextNode( '#wpforms-22767-field_5-container { position: absolute !important; 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2025\/09\/14 Korea Westin Seoul Parnas: Parnas Hotel officially opened the Westin Seoul Parnas on September 15, 2025, rebranding the former InterContinental Seoul COEX. The hotel features 564 rooms across 8 room types, including a Presidential Suite. With this launch, the company is pursuing business diversification, including a transition into a \u201cglobal people-care company\u201d [&hellip;]<\/p>\n","protected":false},"featured_media":22813,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"tags":[127,88,128],"class_list":["post-23096","article","type-article","status-publish","has-post-thumbnail","hentry","tag-global-en","tag-lodging-market-en","tag-newsletter-en"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article\/23096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/types\/article"}],"replies":[{"embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/comments?post=23096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/media\/22813"}],"wp:attachment":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/media?parent=23096"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=23096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}