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By Nithyakala Neelakandan
Published on July 5, 2024
25hours Hotels is set to open its second property in Copenhagen on July 27, 2024. The new 25hours Hotel Paper Island, located in the heart of the city on Christiansholm Island, also known as Paper Island, promises to deliver a unique blend of international cuisine and traditional Danish vibes.
Situated just steps away from Nyhavn, the new hotel features 128 rooms, an Asian restaurant named Tiger Lily, a day bar, and a rooftop bar. The hotel is designed to evoke the feel of a Danish summer home, providing a serene escape in the bustling city center. The local architecture firm COBE and Swedish interior designers Stylt Trampoli have created a space that combines natural elements with urban sophistication.
The hotel offers a range of room sizes from Medium to Gigantic, with six rooms featuring private outdoor areas. Prices start at DKK 1,800 per night. The interior design emphasizes natural colors and materials, blending nostalgic elements with contemporary style to create a welcoming atmosphere.
Tiger Lily, the hotel's Asian restaurant, offers a menu crafted by the team behind popular Hamburg restaurants O-Ren Ishii and Mama Si. Guests can enjoy dishes like 'pulled noodles with lamb and chili oil' and 'pork belly burnt ends with BBQ caramel.' The restaurant's design is inspired by traditional food markets and features an open kitchen and communal tables, as well as an outdoor terrace overlooking the water.
The Nomad Day Bar, located on the ground floor, serves as a social hub for guests. It offers a range of beverages and snacks sourced from local suppliers, making it an ideal spot for relaxing before exploring the city. In the evenings, the bar offers aperitifs and wines, providing the perfect start to a night out in Copenhagen.
General Manager Grit Rister, who also manages the 25hours Hotel Indre By, will oversee the new property. Rister brings extensive experience in food and beverage management, ensuring that both hotels maintain high standards of service and hospitality.
"With its location directly in the harbour, the hotel perfectly embodies the unique character of Copenhagen. Our guests can enjoy that special hygge feeling, far from the madding crowd of the city centre, but with direct access via a bridge for pedestrians and cyclists. The Royal Opera sits perched on a neighbouring island," Rister said. "You can rest assured that both of our properties are keen to welcome neighbours and locals, offering lots of pop-up stores, live music and events, in addition to the restaurant, café and bar."
Paper Island has a long history, previously serving as a paper warehouse and a popular street food market. The island is now being redeveloped into a vibrant cultural and residential area. The hotel's design reflects this transformation, with a focus on creating spaces that are both comfortable and inspiring.
Guests can explore the nearby Royal Opera House and other cultural landmarks, all within walking distance. The hotel's rooftop bar offers panoramic views of Copenhagen, providing a stunning backdrop for any occasion.
The 25hours Hotel Paper Island is poised to become a popular destination for both locals and tourists. Its combination of innovative design, excellent dining options, and prime location make it an exciting new addition to Copenhagen's hospitality scene. For more information or to make a reservation, visit 25hours Hotels.
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By Nishang Narayan
Published on July 5, 2025
Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.
The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.
As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.
Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.
Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.
Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.
Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.
Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”
The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.
As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.
Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.
Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.
Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”
The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”
Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.
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