{"id":24865,"date":"2026-02-09T08:15:45","date_gmt":"2026-02-08T23:15:45","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&#038;p=24865"},"modified":"2026-02-07T18:05:50","modified_gmt":"2026-02-07T09:05:50","slug":"lobin-weekly-update-030","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-030\/","title":{"rendered":"Lodging Market Weekly Update 030"},"content":{"rendered":"<style>li {margin-bottom: 10px;} h6 {border-top: 1px dashed #999999; padding-top: 15px;}<\/style>\n<p>2026\/01\/26 &#8211; 2026\/02\/08<\/p>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.sedaily.com\/article\/20003690\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Koramco Acquires U5 Hotel in Euljiro and Plans Rebranding<\/strong><\/a>: Koramco Asset Management announced that it has acquired ownership of the U5 Hotel located in Euljiro, central Seoul, and plans to rebrand the property under Accor\u2019s Mercure brand. The asset was acquired as part of a strategic investment decision, reflecting its strong downtown location and operational upside. While the transaction price and detailed timeline were not disclosed, the acquisition process is reported to be in its final stages. <\/li>\n<li><a href=\"https:\/\/dealsite.co.kr\/articles\/155584\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Yongsan Electron Land Site to Be Redeveloped into Large-Scale Mixed-Use Complex Including a Hotel<\/strong><\/a>: SYS Holdings announced plans to redevelop the Yongsan Electron Land site in Seoul into a large-scale mixed-use complex incorporating a hotel and officetel units. The project is being designed on a 7,800-square-meter site, comprising a 265-room hotel and 264 officetel units. The hotel is expected to be operated under Marriott\u2019s Sheraton brand through a management agreement. The opening is scheduled for 2029, and the site is viewed as having strong potential for future asset value appreciation.  <\/li>\n<\/ul>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139880.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Paradisus by Meli\u00e1 Bali Opens as the Brand\u2019s First Entry into Asia<\/strong><\/a>: Meli\u00e1 Hotels International has officially opened the 492-room all-inclusive resort Paradisus by Meli\u00e1 Bali in Nusa Dua, Indonesia. This marks the first entry of the Paradisus brand into the Asian market. The resort offers a full range of accommodations, dining, and leisure facilities, targeting resort-oriented family and leisure demand. <\/li>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139809.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Andaz Shanghai ITC Hotel Opens<\/strong><\/a>: Hyatt officially opened the 267-room Andaz Shanghai ITC on February 3 in the Xujiahui Heritage District of Shanghai. The hotel combines contemporary design with a historic setting and aims to attract both local and international visitors by leveraging nearby retail districts and cultural attractions. <\/li>\n<\/ul>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/commercialobserver.com\/2026\/02\/carramerica-dc-hotel-refi-morgan-stanley\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>InterContinental Washington DC Refinanced<\/strong><\/a>: The 335-room InterContinental Washington DC \u2013 The Wharf, located in the Wharf district of Washington, D.C., has secured a USD 99 million refinancing through Morgan Stanley. The property is owned by CarrAmerica, and the financing was arranged to refinance existing debt. <\/li>\n<li><a href=\"https:\/\/www.fitchratings.com\/research\/corporate-finance\/fitch-affirms-five-lodging-companies-ratings-04-02-2026\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Fitch Ratings Affirms Credit Ratings of Five Travel and Lodging Companies<\/strong><\/a>: On February 4, 2026, Fitch Ratings announced that it has affirmed the existing credit ratings of Hyatt, Wyndham, Host, Ryman, and TRQ Sales. Despite ongoing market uncertainty, Fitch concluded that these companies are able to maintain credit stability without upgrades or downgrades. <\/li>\n<\/ul>\n<h6><i class=\"fa-regular fa-folder-open\"><\/i> Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139881.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Investment in Greece Expands amid Rising Foreign Capital Inflows<\/strong><\/a>: Reports indicate that international capital inflows into the Greek hotel market are increasing, leading to more active development, acquisitions, and management agreements. Global investors are showing particular interest in coastal resort destinations and urban hotel assets, with some properties undergoing value-add investments and structural improvements. <\/li>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article139845.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Whitbread Opens hub by Premier Inn in London Farringdon<\/strong><\/a>: UK-based Whitbread has officially opened a hub by Premier Inn hotel in the Farringdon area of London. The property comprises approximately 200 compact-style rooms and reflects Whitbread\u2019s portfolio expansion strategy aimed at enhancing operational efficiency and cost competitiveness for micro-format hotels in prime urban locations. <\/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\/24865\" data-token=\"39aea400f62aa93d4b1124dad466aa44\" data-token-time=\"1776663469\"><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\" >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_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\/08 Korea Koramco Acquires U5 Hotel in Euljiro and Plans Rebranding: Koramco Asset Management announced that it has acquired ownership of the U5 Hotel located in Euljiro, central Seoul, and plans to rebrand the property under Accor\u2019s Mercure brand. The asset was acquired as part of a strategic investment decision, reflecting its strong [&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-24865","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\/24865","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=24865"}],"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=24865"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=24865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}