Properties

Teranka Formentera opens for its first full season

Teranka Formentera opens for its first full season on 28th April. Set on the bohemian, Balearic island, the hotel enters the season under new ownership; Luxury Hotel Partners (LHP), umbrella brand behind the legendary Marbella Club and co-owners of Nobu Hotel Ibiza Bay. The boutique hideaway – a new venture for LHP and now a member of SLH – welcomes new garden dining, a rooftop lounge with spectacular island views, a curated selection of artwork and a unique wellbeing programme anchored in nature.

Teranka Formentera
Properties

Historic Elsby Building to be redeveloped into 82-room Boutique Hotel

In Spring 2025, The Elsby Hotel will debut as a full-service, 82-room boutique hotel in the heart of New Albany, IN. Located at 117 East Spring Street in New Albany’s Downtown Historic District, the hotel is an adaptive reuse of the Elsby Building, a 100-plus-year-old building that previously housed office space. It was purchased in June 2021 by co-owners Steve Resch, of Resch Property Group and Resch Construction, and Chad Sprigler, of The Sprigler Company, both based in New Albany. 

Elsby Building
Properties

New Holiday Inn-Staybridge Suites Hotel takes off near Chicago’s O’Hare International Airport

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced the opening of a new dual-branded Holiday Inn and Staybridge Suites property in the Chicago suburb of Rosemont, Ill. Located within five miles of its namesake, Holiday Inn and Staybridge Suites O’Hare Airport offers flexible, modern and comfortable accommodations for travelers passing through the Windy City and for those enjoying a longer stay.

IHG
Properties

ONYX Hospitality Group expands Shama Brand with Launch of Shama Luxe Sukhumvit Bangkok

Thailand-based ONYX Hospitality Group has signed a business alliance agreement with Walton Asset Management Co., Ltd., to manage Shama Luxe Sukhumvit Bangkok, a luxury serviced apartment in the heart of Bangkok. The signing marks an important milestone for ONYX Hospitality Group as it expands its Shama brand and launches the Shama Luxe brand into the luxury serviced apartment market.

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