Wednesday, October 14, 2026 Hotel Times Markets, development and the deal wire
Hotel Times · Lead story

The Plaza Seoul closes for a three-year rebuild to 2029

Hanwha Hotels & Resorts suspended operations at The Plaza Seoul on 30 September 2026 for a three-year remodel that targets a 2029 reopening, with suites replacing a deluxe-led room mix and an application to join The Leading Hotels of the World.

swift Oct 14, 2026

Marriott signs two hotels at Khao Lak's Matalay

Marriott International signed with KS Hotels and Resorts for two properties at Matalay on Thailand's Khao Lak coast. Moxy Khao Lak Memories Beach takes 160 rooms and the Apartments by Marriott Bonvoy property takes 60 two-bedroom apartments, and the report carries no opening date.

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Braemar funds the Ashford split with a $372M Scottsdale sale

Braemar Hotels & Resorts holds a $372 million contract on the Four Seasons Resort Scottsdale, a 22 October closing that funds its last fees to Ashford Inc. The go-forward portfolio runs rate-led, with next-twelve-months revenue pace up about 25 percent.

Oct 14

Development

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People

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Conor Hadlington takes the helm at Conrad Hong Kong

Conrad Hong Kong has appointed Conor Hadlington as general manager, with operations and commercial strategy in his remit at the 513-room hotel. His career spans nearly 18 years across Asia, the United States and the Middle East, with roles at Mandarin Oriental, InterContinental and Shangri-La.

Oct 14

Events

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Construction & Development

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Treasure Island's Delivery Order Sets the Room Clock

The authority's Fall 2026 forecast puts the first Treasure Island start in November 2026 and the last condominium parcels in 2030. The development agreements permit 500 hotel rooms, and the forecast dates none of them.

Sep 25

Management Companies

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