02 July 2026
02 July 2026
Hotel investment is entering a more competitive era as global travel continues to grow and capital returns to the hospitality sector.
The opening marks Avani’s second property in Laos, following Avani+ Luang Prabang.
The development will be carried out by Hotel101 Global and Origin Hotel, a subsidiary of Origin Property.
The deal is Certares’ 17th hotel acquisition since it launched its real estate platform in 2021.
The hotel is scheduled to reopen in 2029 and is positioned to become the only five-star hotel in Innsbruck, Tyrol.
The property will be located in downtown Tucson near the Tucson Convention Center.
The property includes 252 rooms and suites, as well as food and beverage, wellness and event facilities.
The opening is the first phase of a 529-key dual-branded Hilton development planned for Embassy TechVillage.
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