{"id":23985,"date":"2026-01-19T08:30:42","date_gmt":"2026-01-18T23:30:42","guid":{"rendered":"https:\/\/lobin.co\/insight\/article\/lobin-weekly-update-027\/"},"modified":"2026-01-17T16:52:42","modified_gmt":"2026-01-17T07:52:42","slug":"lobin-weekly-update-027","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-027\/","title":{"rendered":"Lodging Market Weekly Update 027"},"content":{"rendered":"<style>li {margin-bottom: 10px;}<\/style>\n<p>2026\/01\/05 &#8211; 2026\/01\/18<\/p>\n<h6>Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/dealsite.co.kr\/articles\/154916\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Renewed Sale Process for Former Sheraton D-Cube City<\/strong><\/a>: Singapore-based Keppel Asset Management has re-launched the sale process for D-Cube City Office 2 in Sindorim, Seoul, formerly operated as the Sheraton D-Cube City Hotel. Savills Korea and Samjong KPMG have been appointed as joint advisors, marking the revival of a deal that was previously shelved due to limited buyer interest. <\/li>\n<\/ul>\n<h6>APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013917\/the-shilla-hotels-resorts-to-open-shilla-monogram-xiaan-marking-its-first-direct-entry-into-china-and-accelerating-global-expansion.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Shilla to Make First Shilla Monogram Entry into China with Xi\u2019an Opening<\/strong><\/a>: Hotel Shilla announced that it will officially open Shilla Monogram Xi\u2019an, a 264-room property, on February 2, marking the first entry of its upper-upscale lifestyle brand Shilla Monogram into China. Following Danang and Gangneung, this will be the brand\u2019s third Monogram property and is positioned as a strategic foothold for expansion into the Greater China market. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013861.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Minor Hotels Launches NH Hua Hin in Thailand<\/strong><\/a>: Minor Hotels will assume operations of NH Hua Hin in Thailand starting January 16, introducing a 152-room property. Featuring leisure-oriented amenities such as guest rooms, a kids\u2019 club, and a rooftop infinity pool, the opening signals the continued expansion of the NH brand into resort destinations. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013871.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Phased Opening of The Royal Garden Kowloon East in Hong Kong<\/strong><\/a>: The Royal Garden Kowloon East, located in Tseung Kwan O, Hong Kong, will be rolled out in three phases in 2026. Guest rooms will open in January, followed by villas and family facilities in March, with a grand opening scheduled for July. The phased approach is viewed as a risk-managed launch strategy through gradual ramp-up. <\/li>\n<\/ul>\n<h6>Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/skift.com\/2026\/01\/14\/kasa-acquires-mint-house-in-bet-after-silver-lakes-backing\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Kasa and Mint House Merge in All-Equity Transaction<\/strong><\/a>: Apartment-style lodging operator Kasa announced a strategic merger with Mint House. Structured as an all-equity transaction with no cash outlay, the deal will see many Mint House assets rebranded and operated as Mint House by Kasa, supporting scale expansion across major high-growth U.S. markets. <\/li>\n<li><a href=\"https:\/\/www.hotel-online.com\/news\/oakland-hotel-near-airport-bought-at-huge-reduction-in-value-1\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Receivership Sale of Courtyard by Marriott Oakland Airport<\/strong><\/a>: The 156-room Courtyard by Marriott Oakland Airport, which had been under receivership, was reportedly sold for USD 12.5 million. The transaction reflects a significant discount to the prior-year valuation and is interpreted as a signal that pricing pressure on local hotel assets remains ongoing. <\/li>\n<\/ul>\n<h6>Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.costar.com\/article\/887117975\/early-2026-london-hotel-deals-set-capital-abuzz\" target=\"_blank\" rel=\"nofollow noopener\"><strong>London Hotel Deals Exceed USD 1 Billion in First Week of the Year<\/strong><\/a>: Analysts report that major hotel transactions in London totaled more than USD 1 billion during the first week of the new year. Notable examples include RIU\u2019s acquisition of the 494-room The Westminster for GBP 290 million and the sale of the 732-room St. Giles London Hotel for GBP 220 million. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4130465.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Greek Operator Mitsis Launches New Brand, Canvas by Mitsis<\/strong><\/a>: Greece-based hospitality group Mitsis unveiled its new brand, Canvas by Mitsis. Centered on a simple, warm, and locally driven guest experience, the brand launch is seen as a response to portfolio diversification needs and growing rebranding demand. <\/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\/23985\" data-token=\"39aea400f62aa93d4b1124dad466aa44\" data-token-time=\"1776669416\"><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\">\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_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><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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2026\/01\/18 Korea Renewed Sale Process for Former Sheraton D-Cube City: Singapore-based Keppel Asset Management has re-launched the sale process for D-Cube City Office 2 in Sindorim, Seoul, formerly operated as the Sheraton D-Cube City Hotel. Savills Korea and Samjong KPMG have been appointed as joint advisors, marking the revival of a deal that [&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-23985","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\/23985","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=23985"}],"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=23985"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=23985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}