{"id":24575,"date":"2026-02-02T08:15:14","date_gmt":"2026-02-01T23:15:14","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&p=24575"},"modified":"2026-02-02T08:15:14","modified_gmt":"2026-02-01T23:15:14","slug":"lobin-weekly-update-029","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-029\/","title":{"rendered":"Lodging Market Weekly Update 029"},"content":{"rendered":"<style>li {margin-bottom: 10px;} h6 {border-top: 1px dashed #999999; padding-top: 15px;}<\/style>\n<p>2026\/01\/19 &#8211; 2026\/02\/01<\/p>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/dealsite.co.kr\/articles\/155809\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Lotte Faces Rising Liquidity Pressure<\/strong><\/a>: Korea\u2019s Fair Trade Commission blocked Affinity Equity Partners\u2019 acquisition of a 63.5% stake in Lotte Rental, effectively derailing Hotel Lotte\u2019s plan to receive approximately KRW 1.5729 trillion in sale proceeds. Hotel Lotte had intended to use the funds to repay about KRW 716.6 billion in borrowings and to support affiliated companies, but the plan has now been disrupted. Analysts note that the company will need to seek alternative sources of liquidity going forward.  <\/li>\n<\/ul>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/dashboard-aws.hospitalitynet.org\/announcement\/41013992\/onyx-hospitality-group-signs-agreement-to-manage-shama-hub-ladprao\" target=\"_blank\" rel=\"nofollow noopener\"><strong>ONYX Signs Management Agreement for Shama Hub Ladprao<\/strong><\/a>: On January 22, 2026, ONYX Hospitality Group signed a management agreement for Shama Hub Ladprao in Bangkok, Thailand. This marks the owner\u2019s second Shama Hub project entrusted to ONYX and is positioned as an urban residence targeting both short- and long-term stay demand. <\/li>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139757.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hilton Advances Dubai Islands Hotel and Residences Project<\/strong><\/a>: AVENEW Development and Hilton announced the Waldorf Astoria Dubai Islands hotel and a 120-unit branded residential project. The hotel will comprise approximately 150 rooms and feature amenities such as a rooftop restaurant, pool lounge, and spa. Residential owners will have access to the hotel\u2019s facilities and services. <\/li>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139768.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Nammos to Develop Resort and Private Residences in Saudi Arabia<\/strong><\/a>: Nammos revealed plans to develop a 110-key resort and 20 private residences at AMAALA Triple Bay in Saudi Arabia, targeting an opening in spring 2026. The project forms part of AMAALA\u2019s luxury tourism development strategy and is intended to strengthen high-end, residence-integrated destination offerings. <\/li>\n<\/ul>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.costar.com\/article\/1202521905\/ihgs-ruby-hotels-brand-to-debut-in-north-america\" target=\"_blank\" rel=\"nofollow noopener\"><strong>IHG\u2019s Ruby Hotels Make North American Debut<\/strong><\/a>: IHG Hotels &amp; Resorts is launching the Europe-based Ruby Hotels brand in North America for the first time. The existing Inn of Chicago will be renovated and rebranded as Ruby Chicago, with an opening targeted for 2027. The move represents a strategic effort to expand a lifestyle-focused brand into the North American market.  <\/li>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139744.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Four Seasons Unveils 2026 Global Opening Roadmap<\/strong><\/a>: Four Seasons announced its global pipeline of new hotel and residential openings for 2026, including projects in Italy, Greece, and Saudi Arabia. In addition to overall supply growth, the prominence of residence-integrated developments highlights the brand\u2019s strategy to strengthen its premium extended-stay and luxury living offerings.  <\/li>\n<\/ul>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.costar.com\/article\/27552151\/dominus-and-cheyne-capital-get-all-clear-to-turn-city-offices-landmark-into-hotel\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Dominus and Cheyne Capital to Convert London Office into Hotel<\/strong><\/a>: Dominus Real Estate and Cheyne Capital received final approval from the City of London to convert the Ibex House office building into a 382-room hotel. The project is a representative example of repurposing vacant urban office space into hospitality use and is expected to contribute to supply diversification in central London. <\/li>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139701.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>MEININGER to Open 228-Room Hotel in Porto in 2028<\/strong><\/a>: MEININGER Hotels is advancing plans to develop a 228-room new-build hotel in the Bonfim district of Porto, Portugal, targeting an opening in Q1 2028. The project is being developed in partnership with Covivio and Eiffage and is expected to obtain sustainability certifications. <\/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\/24575\" data-token=\"39aea400f62aa93d4b1124dad466aa44\" data-token-time=\"1776667749\"><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\" >Email Layout Name<\/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\/02\/01 Korea Hotel Lotte Faces Rising Liquidity Pressure: Korea\u2019s Fair Trade Commission blocked Affinity Equity Partners\u2019 acquisition of a 63.5% stake in Lotte Rental, effectively derailing Hotel Lotte\u2019s plan to receive approximately KRW 1.5729 trillion in sale proceeds. Hotel Lotte had intended to use the funds to repay about KRW 716.6 billion in [&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-24575","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\/24575","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=24575"}],"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=24575"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=24575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}