{"id":24201,"date":"2026-01-26T08:15:46","date_gmt":"2026-01-25T23:15:46","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&p=24201"},"modified":"2026-01-26T08:15:46","modified_gmt":"2026-01-25T23:15:46","slug":"lobin-weekly-update-028","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-028\/","title":{"rendered":"Lodging Market Weekly Update 028"},"content":{"rendered":"<style>li {margin-bottom: 10px;}<\/style>\n<p>2026\/01\/12 &#8211; 2026\/01\/25<\/p>\n<h6>Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/thebell.co.kr\/free\/Content\/ArticleView.asp?key=202601211636348040106371\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Lotte REIT raises KRW 107 billion through short-term bonds<\/strong><\/a>: Lotte REIT completed the funding required to acquire L7 Hongdae from Hotel Lotte by issuing KRW 107 billion in three-month short-term bonds. The bonds were underwritten by KB Securities (KRW 61 billion), Samsung Securities (KRW 36 billion), and NH Investment &amp; Securities (KRW 10 billion). The bonds mature on April 21, 2026, and carry an annual interest rate of 3.95%. An increase in the issuance amount to up to KRW 200 billion is also under consideration.  <\/li>\n<li><a href=\"https:\/\/www.thebell.co.kr\/free\/Content\/ArticleView.asp?key=202601211736254520109343\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Lotte\u2019s public bond book-building sees strong demand<\/strong><\/a>: Hotel Lotte conducted book-building for public bonds consisting of KRW 60 billion in two-year notes and KRW 40 billion in three-year notes (KRW 100 billion in total). Demand reached KRW 405 billion for the two-year tranche and KRW 180 billion for the three-year tranche, totaling KRW 585 billion, representing a bid-to-cover ratio of 5.85x. The guidance range was \u00b130bp versus fair market yields, and the bonds were priced at \u20131bp for the two-year tranche and \u20134bp for the three-year tranche. <\/li>\n<\/ul>\n<h6>APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4130470.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>IHCL signs agreement to acquire a 51% stake in Brij Hotels<\/strong><\/a>: Indian Hotels Company Limited (IHCL), the parent company of the Taj Hotels group, has signed an agreement to acquire a 51% stake in Brij Hospitality. IHCL stated that the transaction expands its existing marketing and distribution partnership with the Clarks Group and strengthens its presence in the boutique leisure segment. Following the deal, IHCL\u2019s portfolio is expected to expand to a total of 610 hotels. <\/li>\n<li><a href=\"https:\/\/www.hospitalitybusiness.co.nz\/qt-auckland-sold-to-evt-for-nz87-5-million\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>QT Auckland sold to EVT<\/strong><\/a>: EVT has acquired the 150-room QT Auckland, located in Auckland\u2019s Viaduct Harbour, from NZ Hotel Holdings, increasing its owned hotel portfolio in New Zealand. The transaction value is reported at NZD 87.5 million. EVT expects the acquisition to generate synergies for the future expansion of the QT brand. <\/li>\n<\/ul>\n<h6>Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139640.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Noble acquires 14 WoodSpring Suites hotels<\/strong><\/a>: Noble Investment Group has acquired a portfolio of 14 WoodSpring Suites hotels in the United States. Noble explained that the assets are recently developed hotels with solid operating performance and were acquired at prices below replacement cost. The firm also noted that the portfolio involves limited near-term capital expenditure and is well suited to a clustered operating platform.  <\/li>\n<li><a href=\"https:\/\/www.hotelmanagement-network.com\/news\/starwood-hotels-1-hotel-homes\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Starwood announces development of 1 Hotel &amp; Homes Hudson Valley<\/strong><\/a>: Starwood Hotels announced plans to develop 1 Hotel &amp; Homes Hudson Valley on a 775-acre site near Fifth Lake in Ulster County, New York. Sales of the residential component are scheduled to begin in the summer of 2026, with the resort expected to open in 2028. The project also includes designated conservation and protected natural areas. <\/li>\n<\/ul>\n<h6>Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.costar.com\/article\/2100881450\/londonmetric-spends-89-million-on-9-uk-premier-inns\" target=\"_blank\" rel=\"nofollow noopener\"><strong>LondonMetric acquires nine Premier Inn hotels from Whitbread<\/strong><\/a>: UK REIT LondonMetric has acquired nine Premier Inn hotels, totaling 955 rooms, from Whitbread for GBP 89 million. Whitbread has become LondonMetric\u2019s fourth-largest tenant, with the annual rent contribution presented at GBP 11.3 million. <\/li>\n<li><a href=\"https:\/\/www.costar.com\/article\/269815157\/criterion-capital-takes-full-ownership-of-220-million-st-giles-london-hotel\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Criterion secures ownership of St Giles London Hotel<\/strong><\/a>: Criterion Capital has acquired ownership of the 732-room St Giles London Hotel on Tottenham Court Road through a GBP 220 million transaction. The seller was a consortium led by IGB Corporation Berhad, and the transaction implies a price of approximately GBP 300,000 per key. <\/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\/24201\" data-token=\"39aea400f62aa93d4b1124dad466aa44\" data-token-time=\"1776669409\"><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 Email Layout<\/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\/25 Korea Lotte REIT raises KRW 107 billion through short-term bonds: Lotte REIT completed the funding required to acquire L7 Hongdae from Hotel Lotte by issuing KRW 107 billion in three-month short-term bonds. The bonds were underwritten by KB Securities (KRW 61 billion), Samsung Securities (KRW 36 billion), and NH Investment &amp; Securities [&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":[127,130,88,128],"class_list":["post-24201","article","type-article","status-publish","has-post-thumbnail","hentry","tag-global-en","tag-lobin","tag-lodging-market-en","tag-newsletter-en"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article\/24201","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=24201"}],"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=24201"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=24201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}