Hospitality 13 February 2026 - 30 April 2026

IHG Stock Watch: InterContinental Hotels Group PLC Adds Mount Fuji Deal as Buyback Rolls On
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IHG Stock Watch: InterContinental Hotels Group PLC Adds Mount Fuji Deal as Buyback Rolls On

IHG will convert the 150-room Hotel Mount Fuji into its third Vignette Collection property in Japan after renovation, partnering with FUJI KYUKO. The company bought 37,286 shares for cancellation on May 12, following a similar purchase earlier in the week. IHG recently reported stronger-than-expected first-quarter room revenue but noted weaker demand in the Middle East.
May 13, 2026
Whitbread Shares Sink as Premier Inn Owner Puts 3,800 Jobs at Risk in Restaurant Exit
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Whitbread Shares Sink as Premier Inn Owner Puts 3,800 Jobs at Risk in Restaurant Exit

Whitbread PLC will close or sell its remaining 197 branded restaurants, including Beefeater and Brewers Fayre, risking about 3,800 UK and Ireland jobs as it shifts to a hotel-focused model. Shares fell 6.33% after the announcement. The company has agreed to sell 51 restaurants for £50 million and is in talks for 60 more. Unite union criticised Whitbread for how it communicated the job cuts.
April 30, 2026
Hilton takes over ex-Palazzo Versace on Australia’s Gold Coast — LXR brand lands in 2027
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Hilton takes over ex-Palazzo Versace on Australia’s Gold Coast — LXR brand lands in 2027

Hilton signed a deal to manage and rebrand the former Palazzo Versace hotel on Australia’s Gold Coast under its LXR luxury label, with reopening set for 2027 after renovations begin in coming months. The hotel, currently trading as The Imperial, will remain open during the overhaul. Hilton shares were down 0.3% at $305.05 in New York afternoon trading. Financial terms were not disclosed.
March 4, 2026