Where and When Hotels Should see Demand for FIFA World Cup 26

Where and When Hotels Should SeeDemand for FIFA World Cup 26

Hotel bookings expected to pick up in early December after official tournament draw



The first wave of ticket sales has begun for the FIFA World Cup 2026 in North America. A FIFA World Cup 2026 countdown clock next to Quincy Market in Boston is tic
king down to kickoff. (Getty Images)
https://www.costar.com/article/788674165/when-and-where-hotels-should-see-demand-for-fifa-world-cup-26
By Trevor Simpson




Kickoff for the 2026 FIFA World Cup still is several months away, but there are some key upcoming dates that hoteliers should circle on their calendars if they want to score their performance goals.

North America will host the quadrennial soccer tournament for the first time since 1994. It will span 39 days, beginning on June 11, 2026, and concluding on July 19, 2026, in East Rutherford, New Jersey.

This will be the largest World Cup in history both in terms of the field of teams — 48 — and total matches— 104. For reference, the 2022 FIFA World Cup in Qatar had 32 teams and 64 matches.

Another key number: 16. Eleven of the 16 World Cup host markets are in the United States, three are in Mexico and two in Canada. The markets have been split into three regions — Eastern, Central and Western — with the intention of keeping the majority of group stage matches in one region to make travel easier from match to match.

So why hasn't your hotel seen much activity yet, even though you're in a host market? It's all in the timing, says Jan Freitag, national director of hospitality analytics at CoStar Group.

"If I'm following a specific team, I need to go where the team is. I need to understand where the team is," he said.

And that's the unknown right now.

Although FIFA released the match schedule back in 2024, the teams playing in those games have still yet to be released — for the most part. The three host countries — Mexico, Canada and the United States — will play their three group stage matches in their respective countries. Mexico will play in Mexico City and Guadalajara. Canada will play in Toronto and Vancouver. The United States will play in Los Angeles and Seattle.



Guadalajara is one of 16 host markets for the FIFA World Cup 2026. (Getty Images)




Fifteen of the 16 markets will host a match in the knockout stage, with Guadalajara as the only exception. The United States will host all matches from the quarterfinals through the final.

The official draw takes place Dec. 5 in Washington, D.C. That's when hoteliers can expect to see a pickup in demand. Until then, future bookings will likely be muted aside from fans who purchase a hospitality package or a ticket through one of the first ticket draws.

Yes, tickets for the event are available already, and the process of releasing more happens in waves.

The first wave, the Visa Presale Draw, was between Sept. 10-19. During this period, prospective attendees signed up to enter into a lottery for the chance to purchase tickets during a designated time slot starting on Sept. 29.

The next wave is the Early Ticket Draw, which will take place between Oct. 27-31. There will be another random selection draw in mid-December, after the field is announced. Closer to the start of the tournament, fans will be able to purchase single-match tickets on a first-come, first-served basis.

FIFA is also offering hospitality packages now that are split into three groups: single match, venue series and follow my team. In these packages, fans can select the locations and date of the match they'd like to attend as well as a hospitality experience such as VIP tickets or seating in a pitchside lounge.


Once the tournament kicks off next summer, hotel demand will once again follow the currents of the top teams as the field narrows.

Demand will be at its highest in the later rounds, when the importance of each match is heightened, Freitag said. The knockout stage begins on June 29 and will run until July 19.

"You will have people who will come just because they know at that point the pretty strong teams have survived. And then there will be the people who follow their team," he said. "The later the round, the higher the impact."


Despite economic and overtourism challenges, hoteliers look to tomorrow's opportunities

ITHIC speakers urge global hospitality industry to think a decade ahead


Rome has attracted millions of visitors this year in large part due to the Rome Jubilee, which this year coincided with the death of Pope Francis. Shown here are mourners outside the city’s basilica of Santa Maria Maggiore, where Pope Francis is interred. (Getty Images)
https://www.costar.com/article/533100594/despite-economic-and-overtourism-challenges-hoteliers-look-to-tomorrows-opportunities
By Terence Baker



ROME — The hotel and travel industry is pushed and pulled from two sides.

On one side is worry: Factors such as geopolitical uncertainty, increasing costs and concerns about overtourism are putting a damper on travel in some markets.

On the other side is opportunity: Plenty of global travelers still have a desire to jump headfirst into new cities, cultures, cuisines and experiences.

Mitigating the worries and strategizing around the opportunities is the ultimate challenge for hoteliers today, according to speakers at the recent Italian Hotel Investment Conference in Rome.

These forces “impact our behaviors and the immediacy of our thought patterns, which can lead to shorter lead times and shorter trips, too,” said Yannick Wagner, deputy chief development officer for premium, midscale and economy in Europe and North Africa at Accor.

Wagner said issues around sustainability increasingly are playing into where, how and why people are traveling and checking into hotels.

Gloria Guevara, interim CEO of the World Travel & Tourism Council and the former travel secretary in the government of Mexico, said the travel industry can react to competing industry "noise" better today because travel protocols and transportation systems are more aligned today than they were during the recovery period after the global financial crisis and even in the period after the COVID-19 pandemic.

“Today we have faster recoveries,” she said.

Even if travel is now regarded as a must-have or a must-do, it is a blessing that the hotel and travel industry allows crises to partly resolve themselves, said Dimitris Manikis, president of Europe, Middle East and Africa at Wyndham Hotels & Resorts.

“I was recently at our La Quinta by Wyndham Batumi hotel,” he said, referring to a 98-room property that opened in April 2025. “In the hotel were Israelis, Russians, Ukrainians. That is half the world’s problems in the lobby. The pandemic provided us with the realization of what is important in our lives. … Seventy percent of the photos on our phones are travel- and hospitality-related.”

Major challenges

The challenges for hoteliers are many, though speakers said they can turn into opportunities. Inflation, overtourism, labor shortages and unwelcoming attitudes are some major challenges.

“This generation is the first to be poorer than the last, and the industry needs to take note of this," Manikis said. "How many people in the next generation can afford €1,000 [average daily rate] in Rome? That is the question."

Speakers cited the fact that the number of luxury hotels in Rome alone has more than tripled in a decade.

“Luxury is only 10% of the world. Yes, that makes for an exciting time, but understanding what will happen in 10 years is the game-changer,” Manikis said.

Guevara said labor issues should top many hotel firms’ agendas. She said the hospitality industry during the pandemic lost 70% of its workforce and still today 90% of hotel jobs are guest-facing ones.

But the hotel labor issue varies across the globe, Wagner said.

“In Europe, yes, labor is a concern, but in other continents and destinations, [hotel careers] allow staff to socially elevate, but to help that there remains the need to make the industry attractive to potential employees. That is possible. We are flexible, adaptable and resilient,” Wagner said.

One out of every four jobs globally is travel- and tourism-related, “but soon that ratio will be one in three,” Guevara said.

She added hoteliers must educate people about any misinformation about hospitality.

“My 21-year-old daughter loves to travel, but my 19-year-old does not, believing what she hears that travel is damaging to the environment. We need to educate on the benefits,” she said.

Overtourism

ITHIC took place in Rome, a popular tourist destination this year in large part because of the Rome Jubilee, or Holy Year. The quarticentennial event coincided this year with the death of Pope Francis, and has drawn millions so far this year to Italy's capital.

Overtourism is often cited as a problem caused entirely by the travel industry itself, but Wyndham's Manikis said he believes some of that is exaggerated.

Rome and Italy are under pressure thanks to their unique offerings of culture, attractions, cuisine and more.

“The whole housing crisis is nothing to do with our industry, and we are not responsible for how expensive items are in the supermarket," he said. "In India, right now, there are 50 airports being built, and an airport could make a city a Tier 1 destination immediately.

“We are seeing more demand in the Nordics this year than ever as some guests do not want to sit on a beach in 45 degrees [Celsius]. Yes, some do, and in Greece we have extended the season to the end of November,” he said.

Solving overtourism issues requires planning between all stakeholders — governments, communities and private industry, Guevara said.

“Give everyone a seat at the table,” she said.



McKinsey Global Institute

The FDI shake-up: How foreign direct investment today may shape industry and trade tomorrow




https://www.mckinsey.com/mgi/our-research/the-fdi-shake-up-how-foreign-direct-investment-today-may-shape-industry-and-trade-tomorrow
By Tiago Devesa, Jeongmin Seong, Olivia White, Nick Leung, Michael Birshan, Jan Mischke, Camillo Lamanna, and Masud Ally


Announced FDI projects signal further changes in the geometry of global trade and the future map of international business.


At a glance


*- Foreign direct investment has transformed industries from oil to electronics. Providing initial funding is just the start; cross-border deals that take root also transfer knowledge and spur ongoing domestic investment. Today’s patterns of greenfield FDI announcements signal a new shake-up.

*-  FDI promises to shape advanced manufacturing, AI infrastructure, and the resources that power them. Since 2022, three-quarters of cross-border announcements have gone to these types of future-shaping industries as well as energy and mining projects—up from about half pre-2020. While not all announcements proceed, historically 60 to 80 percent have.

*- Pledged investment has increasingly followed geopolitical lines. Advanced economies announced more investment into one another—particularly to the United States—but decreased flows to China by nearly 70 percent. China pivoted from net investee to prominent investor in future-shaping industries, boosting announcements to Europe, Latin America, and the Middle East and North Africa by over two-thirds. Emerging economies attracted investment pledges from across the geopolitical spectrum.

*-  To win globally, multinationals are placing bigger bets. While megadeals over $1 billion represent only 1 percent of cross-border deals, they account for half the total value—a jump from one-third five years ago. New data centers, semiconductor fabs, and battery factories don’t come cheap.

*-   Stakes are high and change is afoot. If successful, FDI projects announced since 2022 could more than quadruple current battery manufacturing capacity outside China, nearly double the global data center capacity that powers AI, and draw the United States into the circle of top leading-edge semiconductor-producing nations. Patterns like these can help decision-makers anticipate the shifting geometry of global trade and the future map of international business.


Oil. Copper. Semiconductors. Foreign direct investment (FDI) has seeded and transformed these and many other global industries.


Cross-border investments in the late 19th century forged the global oil industry as money and know-how flowed from the United States and Europe to Baku (present-day Azerbaijan) and Sumatra (modern-day Indonesia), followed by investment around the globe in the 20th century. 

Similarly, foreign investments shaped mineral-rich economies. For example, Chile’s position as a world-leading copper exporter for most of the past 140 years was catalyzed by multinational firms that developed vast open-pit mines and transferred geological, engineering, and operational expertise.

Following World War II, FDI played a critical role in spurring global manufacturing. South Korea’s semiconductor industry first emerged from successive waves of FDI, particularly from US and Japanese multinationals, starting in the 1970s. FDI fueled China’s rise to become a leading manufacturing power as multinational enterprises built factories, transferred knowledge, and nurtured labor and supplier ecosystems.

What can FDI today tell us about global industry in the future


While tomorrow’s trade map is still being drawn, patterns may emerge from major companies’ announcements of greenfield FDI. These are cross-border investments that create fresh productive capacity such as new mines, factories, and data centers in new places.

FDI offers a window to what’s coming. Since 2017, the geometry of global trade has been shifting toward geopolitically closer partners, a trend that could accelerate, given new tariffs, security concerns, and more muscular, domestically driven industrial policies.

Our analysis of about 200,000 announced FDI projects from 2015 through May 2025 signals that geopolitics will play an increasing role in global trade (see sidebar “Methodology”). While FDI still bridges vast geographic distances, the average geopolitical distance of greenfield FDI announcements since 2017 shrank about two times faster than that of trade.

What does this mean for economies? Announced projects could more than quadruple battery manufacturing capacity outside China, almost double the global data center capacity that powers AI, and draw the United States into the circle of nations that are the biggest producers of leading-edge semiconductors.7 These are examples of how FDI may mold future-shaping industries while also rewiring cross-border economic ties.

This report explores shifts underway in FDI and offers foresight for decision-makers navigating a high-stakes environment of intensifying global economic competition and shifting geopolitical dynamics.

Announced FDI flows increasingly target industries that will shape the global economy and the resources that power them. Future-shaping industries include data centers powering artificial intelligence (AI), semiconductor fabrication facilities (fabs), electric vehicle (EV) and battery manufacturing facilities, and a range of other advanced manufacturing from pharmaceuticals to robots (see sidebar “What are future-shaping industries?”).

Together, future-shaping industries and resources accounted for three-quarters of greenfield FDI announcements from 2022 through May 2025. In inflation-adjusted, 2024-dollar terms, this was up from around 55 percent during the 2015 to 2019 period—the pre-COVID-19 period we use as a baseline for comparison (Exhibit 2). Such investments could substantially expand the capacity of these industries and shift their global footprint into new locations.

This shift reflects the structure of these sectors: They are winner-takes-most, technologically advanced, and capital intensive, so only a handful of global firms have the capabilities to compete. At the same time, governments, eager to host them and reduce reliance on geopolitically distant partners, are deploying powerful carrots and sticks. The result is a surge of announced megadeals (exceeding $1 billion) that drive most FDI growth and shape the global economy.

In contrast, annual announced investments in conventional industries have dropped by more than 30 percent. This category includes a wide range of basic manufacturing sectors—including consumer products, food and beverages, and textiles—as well as operational and professional services, a broad category that spans construction, real estate, logistics, and financial services.

This year has brought fresh uncertainty. International trade surged into the public spotlight in April 2025, when the United States unveiled large tariffs. Since then, the United States has announced trade deals with multiple countries. Some include pledges of future investment into the United States; details remain pending. Still, uncertainty persists globally, and firms may be waiting to act in hopes of more clarity down the road.

Against this backdrop, so far in 2025, the overall rate of FDI announcements has leveled off amid an even greater global focus on future-shaping industries. Announcements in these areas are on pace to reach $840 billion, versus the $490 billion average annual level between 2022 and 2024, driven entirely by increases in data centers globally and in semiconductor fabs, particularly in the United States. 

In other major investment areas across advanced manufacturing, resources, and conventional industries, announcements are down, and FDI announcement rates have fallen to 20-year lows across all of China, emerging Asia, Latin America, the Middle East and North Africa (MENA), and sub-Saharan Africa (see sidebar “2025 announcements have focused on data centers and semiconductors”).

Announcements are, of course, not firm commitments, and not every potential project sees the light of day. Still, past studies have found that FDI announcements reliably predicted capacity creation on the ground, with realization rates between 60 and 80 percent. Our analysis finds that, since 2022, more than half of the largest announced projects in future-shaping industries are under construction or already operational. Among those that have not yet started construction, about half were announced after the beginning of 2025. As a general matter, it is too soon to gauge feasibility and progress of announcements made this year.

The biggest growth in announced investments, including in 2025, is for AI infrastructure and semiconductors


Growth in FDI announcements has not been uniform across future-shaping industries and resources. Rather, pockets of rapid growth in some subsectors have been responsible for the bulk of the expansion.

For instance, huge growth in AI and even bigger expectations for its future have accelerated cross-border investment in communications and software. Data centers—a key piece of infrastructure needed for AI—have accounted for more than 85 percent of announced greenfield FDI in this sector since 2022, or about $170 billion annually. Momentum escalated in 2025. If the early-2025 pace continues, data center announcements are on track to reach over $370 billion by year end.

Advanced manufacturing has accounted for one-quarter of global FDI announcements since 2022. One-third of that share, or about $115 billion annually, has been dedicated to new semiconductor fabs. Another third went to assembly lines for EVs and new gigafactories for batteries—which are primarily used in automotive manufacturing but increasingly relevant to broader applications. 

The remainder was directed to other industries, including pharmaceuticals (notably drugs to combat obesity), electronics, and smaller but fast-growing FDI-related areas such as robotics and technologies linked to defense. In the first months of 2025, announcements directed to semiconductors surged threefold, while those for EVs dropped by over three-quarters, all on an annualized basis.

As energy- and material-hungry industries expand, resource sectors also are attracting growing investment. In metals and minerals, roughly 50 percent of announced FDI since 2022 (or $50 billion annually) went to projects to extract and refine minerals critical to advanced manufacturing—for example, copper, lithium, and nickel. Most of the other half went to the steel value chain, particularly to newer, lower-emissions steelmaking processes.

Energy-related announcements also have risen, but here the evolution over the past several years is more complicated. About three-quarters of the total since 2022, or nearly $330 billion annually, focused on expanding low-emissions technologies, doubling from 2015 to 2019 levels. Within this total, announced investments in established renewable sources, like solar and wind, and in nascent electrolytic hydrogen production have attracted roughly equal shares. 

The remainder, or $105 billion annually, went to conventional fossil fuel projects, falling from more than $150 billion in the earlier period. In 2025, the landscape of FDI announcements in energy has shifted meaningfully; announcements in liquefied natural gas (LNG) and solar have remained about constant, while those going to low-emissions hydrogen, offshore wind, and oil and gas extraction have all dropped by around 70 percent. Announcements going to both nuclear and enhanced geothermal have more than doubled—but from such a low base that they hardly dent the aggregate energy FDI announcement numbers.

The shift toward future-shaping industries has occurred across all regions


Future-shaping industries and resources have gained importance, and not just for a handful of top-performing economies. This is a global trend, as increasing FDI inflows and outflows are announced across nearly all regions. Advanced economies, MENA, and China have, in aggregate, increased investment announcements in these sectors. Announced inflows have gone up everywhere, with the notable exception of China.

Conventional industries show the converse pattern: Announcements of FDI inflows and outflows are down in nearly every region. Only companies in Latin America and MENA have increased announced outflows, and only by a little.

FDI could create new hubs for future-shaping industries


Announcements suggest that greenfield FDI is emerging as an engine for future-shaping industries. These announcements have grown much faster than total capital investment, creating the potential to boost global capacity and to expand the worldwide footprint of these industries (see sidebar “FDI may be gaining importance relative to domestic investment”).

The impact could be many times higher outside the core hubs where these industries are concentrated today. If all announced projects come to fruition, new FDI-driven data center capacity outside the United States and Mainland China would be nearly twice the total 2022 capacity. For battery manufacturing outside Mainland China, it could be almost four times. And for leading-edge semiconductor capacity outside of South Korea and Taiwan, the FDI-driven increment could be nearly five times the total 2022 capacity. In all these cases, FDI-driven projects could account for the majority of total capacity growth outside core hubs up to 2030.

It remains uncertain how many of these announced investments will be fully realized, but the direction of travel is clear. The pipeline is progressing in a healthy way: Between one-half and two-thirds of the projects announced in these industries since 2022 are well underway, and many are already live. It remains to be seen what share will succeed; three of the top 20 EV projects have been put on hold, including a project in Canada worth about $10.5 billion and one in Mexico worth about $5 billion.

FDI’s potential near-term impact on resources industries is limited to specific segments


Greenfield FDI announcements in resources are small compared with total current production capacity, contributing at most an incremental increase of less than 10 percent over 2022 levels. After all, energy and mining are massive, well-established industries. Within specific segments, however, the FDI pipeline could still play a meaningful role.

In the case of fossil fuels, approximately 80 percent of conventional energy projects are already under construction or operational (Exhibit 5). Oil and gas firms have over a century of experience in announcing and developing cross-border energy projects, so it is perhaps not surprising that such a substantial percentage are already underway. However, even if all projects came online, their impact on the overall extraction of oil and gas would be modest and add, at most, less than 5 percent to total 2022 extraction capacity. But for LNG capacity, this number could be as high as 25 percent, potentially creating new energy corridors to replace geopolitically sensitive gas pipelines.

If announcements come to fruition, FDI also has the potential to play a substantial role in low-emissions projects that are big and generally more complex, including offshore wind and low-emissions primary steel. Most strikingly, announced low-emissions hydrogen projects would increase capacity over 100-fold above current, almost negligible, levels. However, none of the largest 20 electrolytic hydrogen projects announced since 2022 have reached the construction stage.


Multinational corporations are making bigger bets on future-shaping industries, driven by competitive urgency and a need to establish themselves as global players in key sectors. These bets are reshuffling geopolitical ties, with multinationals—especially from advanced economies—bringing investment closer to home.

Megadeals are increasingly important for firms in future-shaping industries


Megadeals, which are greenfield FDI projects valued at over $1 billion in inflation-adjusted terms, are growing in importance as firms race to compete globally in future-shaping industries.

About 200 megadeals annually—representing 1 percent of all deal announcements—now account for approximately half of announced greenfield FDI, a significant increase relative to the previous period, when they accounted for under one-third. In fact, this category of big deals drove almost all of the growth in announced FDI in future-shaping industries, as well as about 75 percent of the growth in resources.

At the same time, the importance of cross-border megadeals is rising, as they reflect the complex, capital-intensive, and highly competitive nature of future-shaping industries. Advanced manufacturing and digital infrastructure require specialized know-how, intellectual property, and highly skilled workforces to build out the infrastructure necessary to translate complex technologies into production. 

This raises the price tag of these projects, meaning only a few multinationals have the capabilities, financial strength, and risk appetite to develop them. For example, leading-edge semiconductor manufacturing is arguably the most precise production process ever conducted, and a single fab may require an investment of at least $10 billion. Similarly, each gigafactory or multi-hundred-megawatt data center costs upward of $1 billion.

Winner-takes-most dynamics in rapidly evolving markets further push multinational organizations toward megadeals. Companies compete to establish global relevance, leading to an escalation in investment sizes. For instance, hyperscalers have engaged in an accelerating global investment race in the communications and software industry for over a decade. 

Data center announcements have expanded in size by one and sometimes even two orders of magnitude over the past decade; the largest recent announcements are for gigawatt facilities, compared with the previous decade’s data centers, built to consume dozens of megawatts. And as data centers got bigger, so did deal sizes in the sector, which roughly doubled in average value.

Resource-related megadeals tend to be more complex projects with higher price tags. Oil and gas, including LNG projects, require significant capital and specialized expertise; for example, the announced LNG terminal in Calcasieu Parish, Louisiana, has a $17.5 billion sticker price. New, low-emissions projects for hydrogen or steel also require considerable investment and risk, as evidenced by the fact that nearly all announced hydrogen projects are megadeals, but none of the largest projects are yet under construction.

Public policy may play a role in the growth of megadeals across industries—or at least in the way they are announced. As economies compete to attract projects, stated incentives offered to firms have multiplied. For example, analysts found that announced FDI incentives reached record highs in 2023, particularly in advanced manufacturing, such as EVs and semiconductors.

Of course, not all FDI announcements involve the largest firms. About half of them are not megadeals, and in conventional sectors, roughly 80 percent of all deals are for less than $1 billion. Firms with ambitions to seize opportunities but lacking some of the financial muscle of their large peers can find space to invest. For instance, as megadeals grow, so will the size of their support ecosystems, including component manufacture, infrastructure, logistics, business services, financing, and more.

Multinational firms took different paths in response to geopolitical pressures


The rapid evolution of new technologies is not the only change afoot. Geopolitical tensions are higher than they have been in decades, and firms looking to expand abroad are taking note.

Greenfield FDI announcements have increasingly tracked geopolitical alignments. Indeed, the geopolitical distance of FDI announcements has dropped by more than 20 percent since just after the global financial crisis—from 3.6 in 2010 to below 3.0 as of 2025 on our ten-point scale. (For more on how we measure geopolitical distance, see sidebar “Defining geopolitical distance.”) Advanced economies’ investment in China fell from 10 percent to 2 percent of total FDI announcements by value, while flows among advanced economies increased from 35 percent to 45 percent.

Beneath the summary statistics lurks tremendous variability across the investment decisions of thousands of individual multinational corporations (MNCs). Each MNC faces its own set of considerations, depending on sector, geographic footprint, competitive position, cost of capital, and so on. Some firms meaningfully increased the geopolitical distance of their announced FDI. 

Of the 500 firms with the largest announced greenfield FDI since 2015, about 30 increased the geopolitical distance of these announcements by at least three notches on our scale. (To give a sense of scale, this is equivalent to a US company shifting investments from Japan to Mexico or from Nigeria to Mainland China.)

While there was variability among firms in every country, multinationals from advanced economies tended to shift investment announcements closer to home. MNCs from emerging economies and China did not (Exhibit 9). Within advanced economies, Japanese and South Korean firms reduced the geopolitical distance of their investments the most, followed by companies based in Europe (the United Kingdom and the EU countries).24 

The declines were driven primarily by advanced manufacturing firms, especially automotive and semiconductors. Firms in these sectors had previously expanded extensively into distant locations, particularly China, and have now shifted investment announcements to more closely aligned partners, mostly the United States and Europe.

Reconfiguration of FDI in advanced manufacturing and energy


Announced FDI in advanced manufacturing and energy projects increased in value and decreased in average geopolitical distance. Companies aimed to manage geopolitically sensitive dependencies by setting up new production hubs and potential trade corridors.

MNCs in advanced economies sought alternatives to advanced manufacturing supply chains by setting up new production hubs. For example, companies from Japan, South Korea, and Taiwan in the semiconductor and EV value chains announced investments in the United States while all but stopping new investments in China.

In energy, FDI has historically spanned wide geopolitical distances, as firms invested in conventional energy projects around the world. Since 2022, geopolitical distance of announced energy investments decreased, driven by a shift to lower-emissions projects, which tend to link geopolitically closer partners, including companies within Europe and within MENA. While conventional energy deals continued to span large geopolitical distances, they aimed to create alternatives to sensitive trade routes, such as shipments through the Strait of Hormuz and gas pipelines from Russia to Europe.

Retreat of FDI in conventional industries


Greenfield FDI announcements in conventional industries, such as basic manufacturing and operational and professional services, have declined in recent years relative to the 2015-to-2019 period.

This trend was most pronounced in the corridors between geopolitically distant partners, especially flows from advanced economies into China—declines not offset by significant growth elsewhere. As just one example, greenfield FDI announcements in China’s plastics sector since 2022 have been under $500 million per year, 80 percent less than levels from 2015 to 2019. At the same time, investment in plastics in the rest of the world also fell by roughly 50 percent.

New announced projects were largely between geopolitically aligned partners. Around 45 percent of investment in conventional sectors flowed between advanced economies, for example, to strengthen infrastructure and logistics networks. These included intra-European flows, such as German retailers expanding across continental neighbors and the United Kingdom and EU logistics firms developing regional warehouses and distribution centers. American MNCs announced increased investment in Europe in similar sectors.


Latest news: 9,000 for Hilton; Azul's dual-brand in Phoenix; Rowe new CEO of KHP



https://www.hotelinvestmenttoday.com/Development/Owners/9000-for-Hilton-Azuls-dual-brand-in-Phoenix-Ben-Rowe-new-CEO-of-KHP



Hilton’s 9,000th hotel. Hilton has reached the milestone of 9,000 hotels globally, representing nearly three openings per day since reaching 8,000 hotels just a year ago. The opening of Signia by Hilton La Cantera Resort & Spa marked the milestone, introducing the luxury brand to Hilton’s portfolio in Texas. Hilton has more than 3,600 hotels currently under development.

Azul adds a dual-brand in Phoenix. San Diego-based Azul Hospitality Group will manage the under-construction dual-branded Marriott hotel at City North in Phoenix. The project, comprising the 142-key AC Hotel by Marriott Phoenix Desert Ridge and the 98-key Element by Westin Phoenix Desert Ridge, is expected to open in January 2027. The development is a joint venture between LaPour Partners and Holualoa Companies.

MIAMH adds in South Florida. Miami-based MIA Hospitality Management (MIAHM) has expanded its South Florida portfolio with the Courtyard by Marriott Fort Lauderdale Airport & Cruise Port, a 174-key hotel located near the Fort Lauderdale-Hollywood International Airport and Port Everglades Cruise Terminal. Owned by Fort Lauderdale CY LLC and initially developed by Robert Finvarb, the hotel becomes the sixth property to join the MIAHM’s management portfolio since its launch earlier this year, bringing the company’s managed room count to over 900.

Union Investment sells in Berlin. Frankfurt-based Union Investment has sold the 169-key Park Plaza Wallstreet hotel in Berlin to the German Civil Service Association for around €36 million. According to CRE Media Europe, the price significantly exceeds recent valuations, partly due to the expiring lease offering value-add potential. The building originally opened in 1910 as a commercial property and was converted to offices in 1995 and was then turned a hotel in 2005. 

Rowe new CEO of KHP. San Francisco-based KHP Capital Partners announced that co-founder and managing partner Ben Rowe has formally assumed the role of CEO as part of a planned succession process. Rowe co-founded KHP with Mike Depatie and Joe Long in 2015, with the three former Kimpton Hotels and Restaurants executives initially serving as co-managing partners. Together, they have grown KHP to $1 billion of equity under management with a current portfolio of 20 lifestyle hotel investments. Rowe originally joined Depatie and Long at Kimpton in 2003 and served as CFO of Kimpton from 2008 to 2015.

JB Hotel Group launches. Jon Blanchard has launched JB Hotel Group, a Los Angeles-based real estate development, investment and asset management firm, which was formerly known as BLVD Hospitality. Over nearly two decades, Blanchard’s portfolio has included more than $1 billion in transacted real estate and over 1,400 hotel keys developed to date. Notable projects include the Ace Hotel in Los Angeles, an adaptive reuse of the historic United Artists Building, as well as The Hoxton, Soho Warehouse and the city’s first modular high-rise hotel for citizenM. Blanchard also created The Georgian in Los Angeles and he is opening a 125-key hotel in Anaheim in 2027.

Crestline adds in Arizona. Fairfax, Virginia-based Crestline Hotels & Resorts has added the 101-key Hampton Inn & Suites Scottsdale at Talking Stick, Arizona, to its management portfolio. The hotel is situated 10 miles from Phoenix Sky Harbor International Airport.

New South Carolina hotel. Lexington, South Carolina-based Lexington Hospitality has broken ground on a 111-key Courtyard by Marriott hotel in Lexington, South Carolina. Lexington Hospitality is led by brothers Ajay and Raj Champaneri, who have over 25 years of hospitality experience across South Carolina.

First Luxury Collection in Singapore. Marriott International is adding its first Luxury Collection property in Singapore with the opening of the 183-key The Laurus, a Luxury Collection Resort. The resort is situated inside Singapore’s first integrated resort – Resorts World Sentosa.

Pandox acquires in Sweden. Stockholm, Sweden-based Pandox has completed the previously announced acquisition of Elite Hotel Frost Kiruna in Sweden for approximately MSEK 347. Pandox has a portfolio of 163 hotels and approximately 36,000 rooms across 11 countries in Northern Europe.

Caledonian Leisure acquires in the UK. Leeds, U.K.-based Caledonian Leisure has acquired the 104-key Broadway Park Hotel, marking its sixth property in the hotel portfolio, from an undisclosed seller for an undisclosed amount. The hotel will be renamed The Caledonian Island Hotel and is scheduled to reopen in February.


2,377 Illegal Marijuana Plants Were Wrecking This National Park




https://www.fodors.com/world/north-america/usa/california/sequoia-and-kings-canyon-national-parks/places/sequoia-national-park/experiences/news/2-377-illegal-marijuana-plants-were-wrecking-sequoia-national-park
 Apeksha Bhateja









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