Luxury hospitality in the Middle East is suffering a historic decline in revenue in the second quarter of 2026, marked by a plunge in RevPAR for major groups.
Billionaire Rodolphe Saadé (CMA CGM, BFMTV) has acquired Le Yaca hotel in Saint-Tropez, marking another significant investment in the peninsula's luxury hospitality sector after Bernard Arnault.
The AX Partners fund acquires the building at 115 Passeig de Gràcia in Barcelona, aiming for an upscale hotel on the city's most prestigious avenue.
Covivio Hotels strengthens its Mediterranean portfolio with the acquisition of a major property in Torremolinos, signalling the enduring appeal of the Spanish market for luxury hospitality investment.
French fund Extendam is acquiring three four-star IHG hotels in Madrid and Barcelona (543 rooms), sold by Eurazeo for approximately €150 million. An analysis of a deal that brings its Spanish portfolio to 35 hotels.
Hilton reinforces its living strategy in Madrid by signing a complex of 215 premium apartments near Retiro Park. This project highlights the rise of luxury residential hospitality and Madrid's exceptional investment appeal.
Pulsim and Vinci Construction unveil a future 5-star hotel at Golf Paris Val d'Europe, set to be the third 5-star property in the Disneyland Paris destination. Opening is targeted for 2030.
Ascendant Capital Partners acquires a portfolio of eight hotels and 965 rooms from Coastal Hospitality, almost all of which are oceanfront, between Virginia Beach and the Outer Banks. Schulte Hospitality takes over management, with renovations planned.
The prestigious Cameron House resort on the shores of Loch Lomond in Scotland has changed hands for nearly 100 million pounds sterling, marking one of the largest recent Scottish hotel transactions.
Private equity fund Equath invests eight million euros in Barcelona to acquire two hotels, targeting a significant upgrade. This strategic move underscores the city's enduring appeal for institutional hotel investment.
The American group Gencom is acquiring the Ritz-Carlton New York, Central Park (253 rooms, facing the park) for approximately $320M. This is the third New York acquisition in sixteen months for the Miami-based investor.
Formerly Oréa, HOSPYA manages twenty-seven hotels in Paris and its immediate surrounding areas. With a new brand, a distinct management model, and a clear direction set by Sara Brami, this is a portrait of a family hotel network prioritising management over size.
