Hotels & Resorts

Paris – November 07, 2026 -- AMTD Digital transferred controlling interests in four hotel assets to The Generation Essentials Group (TGE) for an aggregate US$209,766,000, with TGE paying entirely in newly issued shares, according to a joint announcement by AMTD IDEA Group, AMTD Digital and TGE.

TGE issues 198,630,381 Class A shares to complete the transfer on November 2

AMTD Digital and TGE signed the Asset Transfer and Share Issuance Agreement on October 21, 2026. The transfer closed on November 2, 2026. The price also takes the assets' underlying debts into account.

TGE settled the full price with 198,630,381 new Class A ordinary shares issued to AMTD Digital. The share count was set using the 30-day volume-weighted average price of TGE stock on the New York Stock Exchange for the thirty trading days ending May 29, 2026.

Four hotels across New York, Perth, London and Kuala Lumpur move under TGE

The target assets are:

Westerly – November 07, 2026 -- The Washington Trust Company has provided $8.5 million in financing to VVO Real Estate Holding, LLC for the reconstruction of the Harborside Inn, a hotel and retail property at 41 Water Street in New Shoreham, Rhode Island.

Fire in August 2023 destroyed the property opposite the Block Island Ferry terminal

The building stands directly across from the Block Island Ferry terminal. VVO Real Estate Holding is redeveloping the site, and the finished project will include a 33-room full-service hotel, a leased restaurant space and 10 leased retail spaces.

The Haynes Group targets May 2027 completion

The Haynes Group of West Bridgewater, Massachusetts, is managing construction. The project is expected to restore a prominent hospitality and commercial asset to New Shoreham's waterfront district.

Aliso Viejo – November 06, 2026 -- Sunstone Hotel Investors (NYSE: SHO) reported third-quarter 2026 net income attributable to common stockholders of $38.7 million, or $0.21 per diluted share, against a net loss of $2.9 million, or $(0.02) per share, a year earlier. The lodging REIT again raised its full-year 2026 outlook after revenue and earnings exceeded its expectations.

RevPAR rises 11.4% to $235.22 as Adjusted FFO per share climbs 17.6%

RevPAR across the portfolio increased 11.4% to $235.22, with an average daily rate of $323.55 and occupancy of 72.7%. Excluding Andaz Miami Beach, RevPAR rose 10.3%. Total RevPAR grew 10.5% to $394.97, or 9.6% excluding the Miami Beach property.

Adjusted EBITDAre increased 8.8% to $54.5 million. Adjusted FFO attributable to common stockholders rose 17.6% to $0.20 per diluted share.

MIAMI – November 06, 2026 -- Silversea has opened The Cormorant at 55 South, a 150-room hotel in Puerto Williams, Chile, and will route all 29 of its Antarctica Fly Cruise voyages through March 2027 via the property.

The ribbon-cutting took place on November 5 with Silversea executives, Chilean national and regional authorities and local community members. Silversea describes Puerto Williams as the southernmost city on Earth. The hotel is a first-of-its-kind venture for Silversea and its parent, Royal Caribbean Group, and was developed with a consortium of Chilean investors. The source does not disclose the investment amount.

Every Antarctica Fly Cruise guest now stays at the hotel

Guests fly non-stop from Silversea's private terminal in Santiago to Puerto Williams on Silversea-branded charter flights. They stay at The Cormorant before and after their voyage.

Miami – November 06, 2026 -- Enseo launched a Managed Services portal at The Hospitality Show that consolidates real-time technology monitoring, operational analytics and guest engagement data for individual hotel properties and entire portfolios.

Portal combines in-room entertainment, WiFi and billing data in a single view

Hoteliers can monitor in-room entertainment and WiFi performance, track support activity, access billing information and analyze trends in guest engagement and revenue from one centralized portal. Enseo says the aim is to help operators identify potential issues earlier and find opportunities to improve both the guest experience and financial performance.

Bethesda – November 05, 2026 -- Marriott International, Inc. (Nasdaq: MAR) said its board of directors declared a quarterly cash dividend of 73 cents per share of common stock.

Marriott's portfolio spans 10,200 properties in 148 countries and territories

The dividend comes from a lodging portfolio of more than 10,200 properties across 148 countries and territories as of September 30, 2026. The portfolio covers luxury, premium, select, midscale, extended stay and all-inclusive brands. Marriott franchises, operates and licenses hotel, residential, timeshare, yacht and outdoor lodging products, and runs its travel platform, Marriott Bonvoy.

Shareholders of record on November 19 receive payment on December 31

The dividend is payable on December 31, 2026, to shareholders of record as of the close of business on November 19, 2026.

LAS VEGAS – November 05, 2026 -- Wynn Resorts, Limited (NASDAQ: WYNN) reported third-quarter 2026 net income attributable to the company of $17.3 million, down from $88.3 million a year earlier, as operating revenues fell $144.7 million to $1.69 billion from $1.83 billion.

Diluted earnings per share were $0.17, against $0.85 in the third quarter of 2025. Adjusted net income was $33.9 million, or $0.33 per diluted share, compared with $88.7 million, or $0.86 per share. Adjusted Property EBITDAR dropped $105.9 million to $464.2 million from $570.1 million.

Wynn Palace and Las Vegas post the largest revenue declines

Operating revenues fell $51.7 million at Wynn Palace, $45.8 million in Las Vegas, $30.1 million at Wynn Macau and $17.1 million at Encore Boston Harbor. Adjusted Property EBITDAR declined $44.6 million in Las Vegas, $34.5 million at Wynn Palace, $18.5 million at Wynn Macau and $8.3 million in Boston.

Miami – September 14, 2026 -- Acqualina Resort & Residences, a Forbes Five-Star, AAA Five Diamond property named USA Today's "No. 1 Best Destination Resort" for the sixth time in 2026, has relaunched its website in partnership with Miami-based agency Digital Silk.

Digital Silk rebuilt Acqualina's site around four business priorities: revenue, brand awareness, credibility and guest loyalty.

The redesign followed a full audit of positioning, audiences and business goals, producing a new brand book, style guide and custom CMS. The final build integrates a booking engine, interactive maps, event calendars and a live beach camera, with distinct navigation paths for accommodations, dining, spa and events.

The Woodlands, Texas – September 13, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has priced an upsized secondary offering of 14,000,000 common shares at $18.50 apiece, generating approximately $259 million in gross proceeds for the selling stockholders. The Company itself will not receive any proceeds from the transaction.

TDR Capital-linked entities offload stake through Arrow Holdings and MFA Global

The shares being sold belong to Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. Underwriters have also been granted a 30-day option to purchase up to an additional 2,100,000 shares, which could push total proceeds higher. The offering is expected to close on September 13, 2026, subject to customary conditions.

The Woodlands, Texas – September 13, 2026 -- Target Hospitality Corp. (Nasdaq: TH) launched an underwritten secondary offering of 13,000,000 shares of common stock on behalf of its controlling investor group, while simultaneously committing to repurchase up to $30,000,000 of stock from the deal's underwriters.

TDR Capital-linked entities sell 13 million shares in secondary offering

The shares are being sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., both controlled by TDR Capital LLP acting as investment fund manager. Target Hospitality is not issuing any new shares and will not receive proceeds from the offering. Underwriters have been granted a 30-day option to purchase up to an additional 1,950,000 shares.