{"id":23152,"date":"2025-10-13T08:30:18","date_gmt":"2025-10-12T23:30:18","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&#038;p=23152"},"modified":"2025-10-13T09:26:42","modified_gmt":"2025-10-13T00:26:42","slug":"lobin-weekly-update-013","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-013\/","title":{"rendered":"Lodging Market Weekly Update 013"},"content":{"rendered":"<style>li {margin-bottom: 10px;}<\/style>\n<p>2025\/09\/28 &#8211; 2025\/10\/12<\/p>\n<h6>Global<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.cbre.com\/insights\/reports\/h2-2025-global-hotel-outlook\" target=\"_blank\" rel=\"nofollow noopener\"><strong>CBRE Global Hotel Outlook<\/strong><\/a>: CBRE Hotels has revised its 2025 U.S. RevPAR growth forecast down to 0.1%, reflecting weaker occupancy and intensifying competition from alternative accommodations. For Europe, RevPAR is expected to grow 2\u20135%, while the Middle East is projected to remain strong, led by the United Arab Emirates. In the Asia-Pacific region, average annual supply growth between 2024 and 2028 is expected to stay limited at around 0.7%, with Japan, South Korea, Vietnam, and India driving performance.  <\/li>\n<\/ul>\n<h6>Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4129176.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hilton \u00d7 Inspire Yeongjong<\/strong><\/a>: Hilton has signed a franchise partnership agreement for a 1,275-room hotel within the Inspire Entertainment Resort on Yeongjong Island, Incheon. The massive integrated resort features a 15,000-seat arena, indoor water park, MICE facilities, and a casino, positioning it to become Hilton\u2019s largest property in the Asia-Pacific region. <\/li>\n<\/ul>\n<h6>APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4129257.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hilton \u00d7 Sun Group Vietnam Expansion<\/strong><\/a>: Hilton and Vietnam\u2019s Sun Group have agreed to open five new hotels totaling about 1,800 rooms. The LXR Hotels &amp; Resorts brand will debut in Da Nang with an 80-room luxury resort, while the Quang Ninh Onsen Resort is set to open in late 2025. In Phu Quoc, a large-scale mixed-use development will introduce three hotels with a total of 1,500 rooms before the 2027 APEC Summit.  <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013343.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Radisson Expands Individuals Premier Collection<\/strong><\/a>: Radisson has signed an agreement to bring its Individuals Premier collection to the 138-room LIME Resorts Bohol in Panglao, Philippines. This marks the first Individuals Premier property in Southeast Asia and the wider Asia-Pacific region. The resort will feature lagoon suites, beachfront villas, and sky penthouses, with an opening planned for late 2025. <\/li>\n<\/ul>\n<h6>Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/commercialobserver.com\/2025\/10\/smith-hill-capital-bain-capital-westin-grand-central\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Westin Grand Central Refinancing<\/strong><\/a>: Smith Hill Capital and Bain Capital have jointly provided a $216 million refinancing loan for the 774-room Westin Grand Central in Manhattan. JLL advised the borrower, Davidson Kempner Capital Management, and the funds will be used for capital expenditures. <\/li>\n<li><a href=\"https:\/\/www.fitchratings.com\/research\/structured-finance\/rise-in-us-cmbs-delinquency-rate-fueled-by-office-defaults-in-september-10-10-2025\" target=\"_blank\" rel=\"nofollow noopener\"><strong>U.S. CMBS Delinquency Rises on Office Distress<\/strong><\/a>: In September 2025, the overall CMBS 60+ day delinquency rate rose 10 bps month-over-month to 3.1%. The office delinquency rate surged to 8.12%, up 42 bps, driven by large defaults such as the $180 million maturity default at 261 Fifth Avenue in New York City. Maturity defaults accounted for 51% of new delinquencies.  <\/li>\n<\/ul>\n<h6>Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4129220.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Leonardo Hotels Accelerates European Expansion<\/strong><\/a>: Leonardo Hotels\u2019 Partnership III Fund has been increased to \u20ac542 million, including a \u20ac159 million capital injection from Fattal Properties. The fund has already acquired 30 hotels across the Netherlands, France, Spain, Italy, Germany, Ireland, and the U.K. for a total of \u20ac740 million, and plans to complete renovations of about 1,000 rooms by the end of 2025. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013350.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>The Dubai Beach EDITION Development<\/strong><\/a>: Shamal Holding and Marriott have signed an agreement to develop The Dubai Beach EDITION Hotel &amp; Residences, slated for completion in 2029. The project will include a 185-room hotel and 165 branded residences, marking the first EDITION-branded property in the United Arab Emirates.  <\/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\/23152\" data-token=\"8f4a3e80d2a577a2f8422a6e328e6cc4\" data-token-time=\"1781911266\"><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\" >Layout Name 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\/10\/12 Global CBRE Global Hotel Outlook: CBRE Hotels has revised its 2025 U.S. RevPAR growth forecast down to 0.1%, reflecting weaker occupancy and intensifying competition from alternative accommodations. For Europe, RevPAR is expected to grow 2\u20135%, while the Middle East is projected to remain strong, led by the United Arab Emirates. In the [&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":"set","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-23152","article","type-article","status-publish","has-post-thumbnail","hentry","tag-global-en","tag-lodging-market-en","tag-newsletter-en"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"2025\/09\/28 - 2025\/10\/12 Global CBRE Global Hotel Outlook: CBRE Hotels has revised its 2025 U.S. RevPAR growth forecast down to 0.1%, reflecting weaker occupancy and intensifying competition from alternative accommodations. 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