Four Seasons in Seville, Hilton Adds a Key West Resort, Ritz-Carlton Yacht Problems, and Other Hotel News

From a new all-electric Marriott in Vermont to a potential MGM acquisition, the hotel world had a busy week.

Four Seasons is heading to Seville, Hilton is planting its flag in Key West, and the Ritz-Carlton Yacht Collection is dealing with serious financial headwinds. Here’s a look at the hotel news you may have missed this week.

Hotel Openings

Hilton Key West Resort & Marina — July 1, 2026

Hilton is converting the Ocean’s Edge Resort & Marina on Stock Island into the Hilton Key West Resort & Marina, with reservations now open for stays beginning July 1. The 175-room waterfront property features 86 suites, 6 saltwater pools, a full-service marina, and 2 dining venues. A complimentary shuttle connects guests to downtown Key West.

Nightly rates start at $240 or 72,000 Hilton Honors points.

The Sugar House Hotel — Later in 2026

The Sugar House Hotel in Winooski, Vermont, just outside Burlington, is slated to join Marriott’s Tribute Portfolio later this year as the chain’s first all-electric property. It will also be the first Marriott hotel to achieve both net-zero energy performance and LEED Platinum certification. Amenities include a rooftop restaurant, farm-to-table dining, and a make-your-own maple creemee station in the lobby.

Bookings through Marriott Bonvoy aren’t available yet.

Future Hotel Signings

Four Seasons Heading to Seville

Four Seasons has announced plans to open a hotel on Seville’s Plaza Nueva in partnership with Spanish real estate firm Blasson. The intimate, 55-room property will occupy a landmark mid-20th-century building in the Arenal Quarter, steps from UNESCO World Heritage sites including the Seville Cathedral and Royal Alcázar. Plans include a street-level restaurant with access to Plaza Nueva, a rooftop restaurant and bar, and a rooftop pool overlooking the city’s historic skyline.

Ruby Hotels Coming to New York City — 2027

IHG‘s Ruby Hotels brand has signed its second U.S. property in recent months, this time in Manhattan. Ruby New York City is planned for a renovated 18-story, 1930s-era building on Avenue of the Americas near Herald Square, with 187 rooms and a 24/7 lobby bar. It’s projected to open in 2027 alongside a previously announced Chicago location.

LXR Hotels & Resorts Coming to Hakone, Japan — 2028

Hilton has signed an agreement to bring LXR Hotels & Resorts to Hakone Gora in 2028, marking the brand’s debut in Japan’s premier hot spring destination. The resort is planned within Momijidani, known for spectacular autumn foliage, and will place guests within walking distance of the Hakone Open-Air Museum and 90 minutes by train from central Tokyo.

IHG Signs 2 Hotels in Vietnam

IHG has signed a 2-hotel deal with Meraki Land in Vietnam. Regent Ho Tram, a 220-key luxury beachfront resort featuring 30 Skyvilla Suites with private pools, is set to open in 2030, less than 2 hours from Ho Chi Minh City. Crowne Plaza Saigon Binh Duong, a 221-key business-focused hotel with over 1,000 square meters of meeting space, is scheduled to open in 2029.

Hotel Industry News

• Oneworld and Taj launch a unique loyalty partnership. The global airline alliance and IHCL’s Taj InnerCircle – NeuPass have launched the first-ever loyalty collaboration between a global airline alliance and a hotel group. Oneworld Emerald members receive 15% discounts at participating Taj properties, while Ruby and Sapphire members get 10% off room rates, dining, and spa.
• People Incorporated makes a play for MGM Resorts. MGM confirmed it received an unsolicited acquisition offer from People Incorporated (formerly IAC) at $48.30 per share in cash. MGM’s board is reviewing the proposal.
• Hilton’s Curio and Tapestry Collections each hit 200 hotels. Both lifestyle brands have surpassed 200 open properties, with Curio now spanning 47 countries and Tapestry closing in on 150 hotels in its development pipeline.
• The Ritz-Carlton Yacht Collection is in financial trouble. The luxury cruise line has accumulated nearly $700 million in losses since 2017. Lenders recently agreed to defer $171 million in repayments, while shareholders injected an additional $275 million in equity to keep the operation afloat.
• Meliá and Iberostar are exiting Cuba. The U.S. government’s fuel blockade against the island and financial threats against companies doing business there led these European brands to pull out of their hotels in Cuba.

Final Thoughts

It’s a week that underscores just how wide the hotel industry’s spectrum really is. While Four Seasons and Hilton are signing deals in some of the world’s most culturally compelling destinations, the Ritz-Carlton Yacht Collection is a reminder that luxury branding alone doesn’t guarantee financial success. Meanwhile, the MGM acquisition is worth watching closely.