Minor Hotels has reported a record-breaking full-year core revenue of THB 121.4 billion in 2023, representing a significant increase of 25% compared to the previous year. This surge in revenue propelled the hotel owner and operator’s core net profit to grow by an impressive 450%. Notably, strong performance in key markets such as Europe and Thailand drove significant growth in average daily rate (ADR) and occupancy, with group-wide ADR increasing by 10% and occupancy rising by 6%.

Hyatt Hotels Corporation, in partnership with Grupo Hotelero Santa Fe, S.A.B. de C.V., announces plans to extend its Inclusive Collection portfolio in Mexico by introducing a Breathless Resort & Spa in Puerto Vallarta. Set to open in 2025, the adults-only resort will offer luxurious amenities including multiple pools, gourmet dining options, and chic accommodations.

Kimpton Hotels & Restaurants introduces its inaugural boutique hotel in Mexico City, located in the vibrant “Polanquito” area. Kimpton Virgilio, developed by ZKC, offers 48 elegantly designed rooms blending modern Mexican aesthetics with a touch of sophistication.

Last weekend marked the final day of the Grand Opening of the new One&Only One Za’abeel, the first vertical, urban resort by the ultra-luxury hospitality brand. The Grand Opening saw the world’s A-list, influential tastemakers and cultural trailblazers gather in Dubai for a spectacular one-off weekend of entertainment on Dubai’s new urban stage, The Link.

The hotel, formerly known as Madrid Atocha Affiliated by Meliá and located in the literary heart of Madrid, has undergone a complete renovation and will reopen under the Meliá Collection brand, in response to the increasing demand for luxury accommodations in the capital city

Moxy Hotels, part of Marriott Bonvoy’s portfolio of over 30 extraordinary hotel brands, announced the opening of Moxy Halifax Downtown, marking the brand’s debut in Canada.