Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3, 2024
Kimpton San Antonio Celebrates Its Topping Out on Schedule
Kimpton Hotels & Restaurants | July 20, 2023
Development
Lao International Development & IHG Enter Agreement for New Build InterContinental Vientiane in Laos
IHG | December 6, 2016
Set to open in 2021, the new-build InterContinental Vientiane will join Crowne Plaza Vientiane to be the second hotel managed by IHG in the capital city. The hotel will feature more than 400 rooms, offering guests a quality stay in the upcoming World Trade Centre – a mixed-use complex being developed by Lao International Development Co. Ltd. Slated to be the city's commercial hub when it opens, the complex will also include a large retail mall, medical centre, conference centre, office tower and residential towers. Strategically located a short drive away from Wattay International Airport and adjacent to Lan Cang Avenue, Vietnam S...
Los Angeles Has More Pipeline Rooms in Early Planning Than Any Other Market
Lodging Econometrics | December 6, 2016
December 6, 2016 – PORTSMOUTH, NH – According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), Los Angeles has 18,229 Rooms/108 Projects in the Total Pipeline. Early Planning currently stands at 6,382 Rooms/37 Projects. It is the highest room-count for this stage in any market. Developers have yet to make a branding decision for 4,800 Rooms/23 Projects in Early Planning, representing significant opportunity for franchise companies and their brands. Additionally, there are 5,975 Rooms/29 Projects Under Construction and 5,872 Rooms/42 projects Scheduled to Start Construction in the Next 12 Month...
Marriott Officially Debuts New Luxury Group for Eight of Its 30 Brands
Marriott | December 5, 2016
From International Luxury Travel Market (ILTM) Cannes, Marriott International, Inc. (NASDAQ: MAR) today announced that the company continues to grow its leadership position in luxury, doubling its portfolio of luxury hotels through the recent merger with Starwood Hotels & Resorts. Providing global travelers an unrivaled selection of diversified, high-end experiences in 61 countries, the Marriott International Luxury Brands group now includes the iconic St. Regis, The Luxury Collection and W Hotels brands, in addition to the company's world-renowned hospitality hallmarks The Ritz-Carlton, Ritz-Carlton Reserve, Bulgari Hotels & Re...
Hotel Equities Celebrates Grand Opening of DoubleTree Arlington DFW South Following $10 Million Renovation
Hotel Equities | December 1, 2016
Atlanta and Arlington, TX –December 1, 2016 – Atlanta-based Hotel Equities (HE) recently held a Grand Opening and ribbon cutting celebration in Arlington, Texas for the DoubleTree by Hilton Arlington DFW South. Hotel Equities manages the 237-room, five-story property that recently completed a $10 million renovation in the Entertainment District of the Dallas-Ft. Worth metroplex. Owned by Admiral Hotel Group LLC, the DoubleTree by Hilton Arlington DFW South marks the fourth property under management by Hotel Equities in Dallas and a total of 12 hotels under management in the state of Texas. Hotel Equities now counts four Doub...
Hilton Appoints Katie Beirne Fallon as Senior Vice President and Global Head of Corporate Affairs
Hilton | November 21, 2016
MCLEAN, Va. - Hilton (NYSE:HLT) has named Katie Beirne Fallon as senior vice president and global head of corporate affairs. She previously served as a senior advisor at the White House and a top aide in the U.S. Senate. Hilton's corporate affairs department includes communications, government relations and corporate responsibility functions globally for the company. Fallon will report to Christopher J. Nassetta, president and CEO of Hilton, and serve as a member of the executive committee. "As we continue to gain momentum and accelerate our growth around the world, finding additional ways to connect and engage with our most cr...
IACC-Americas Names USA Chefs as “Copper Skillet Champions”
Hotel Development Partners, LLC (HDP | November 17, 2016
Oak Brook, IL -- November 2016 – Eight chefs from IACC-member properties across the US gathered recently to compete for the coveted USA Copper Skillet at the Hilton Chicago | Oak Brook Hills Resort & Conference Center, where the winners edged one step closer to the International Copper Skillet Competition global finale next April. Shane Hawkins, Lead Cook at Stonewall Resort, took the "Junior Category US Copper Skillet Award" for his winning dish in the cook-off. Local judges named Hawkins the winner for his dish of red potato hash, lightly fried striped bass with white wine butter, and seared New York strip with portabella. ...
Hotel Development Partners Celebrates Opening of Hampton Inn & Suites by Hilton in North Atlanta
Hotel Development Partners | November 16, 2016
Atlanta –November 16, 2016 – Atlanta-based Hotel Development Partners (HDP) held a Grand Opening and Ribbon Cutting celebration in Atlanta's Perimeter Center for the Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwoody. Atlanta-based Hotel Equities serves as an investor in the hotel and manages the 132-room property that is a uniquely urban version of the Hampton Inn & Suites brand. The hotel anchors a mixed-use project including 25,600 SF of retail and restaurant space at 4565 Ashford Dunwoody Road in Atlanta's prime office-retail market. Jason Caughron leads the hotel team as the General Manager with Trudy San...
India – The HVS 2016 Hotel Development Cost Survey
Rishabh Thapar | November 14, 2016
By Rishabh Thapar and Achin Khanna HVS is pleased to share the analysis and insights of the 2016 Hotel Development Cost Survey – India. The development cost is an important aspect of a hotel project that determines its viability. HVS, over the years, has helped investors estimate the overall cost of developing a hospitality project as part of the multiple feasibility studies we have performed for varied asset types across all positioning. This survey endeavours to enhance the knowledge and understanding of industry stakeholders on the subject based on actual development costs of recently opened hotels in India. The report provides...
Hilton Introduces Leadership Team for Planned REIT, Park Hotels & Resorts
Hilton | November 14, 2016
MCLEAN, Va. - Hilton Worldwide Holdings Inc (NYSE: HLT) ("Hilton") today announced the appointment of additional members of the executive leadership team of Park Hotels & Resorts Inc. ("Park"), ahead of the planned separation of the real estate investment trust (REIT) around year end. Hilton previously announced the appointment of Thomas J. Baltimore, Jr. as chief executive officer, and Sean M. Dell'Orto as chief financial officer, of Park. Upon completion of the spin-off, expected at or around year end, Park will be one of the largest lodging real estate companies, with a diverse portfolio of iconic and mark...
Hotel Equities to Operate Fairfield Inn & Suites in Downtown Memphis Set to Break Ground Early 2017
Hotel Equities | November 3, 2016
ATLANTA - (November 3, 2016) – Atlanta-based Hotel Equities recently announced its selection as the management firm for the new Fairfield Inn & Suites by Marriott as part of a development in downtown Memphis, Tennessee. Goodlettsville-based EPIQ Hotels, Inc. and MNR Hospitality LLC, under the leadership of President B. Patel, are the developers of the hotel. In addition to this custom urban model of the Fairfield Inn & Suites, the project will also include a signature bar and restaurant on the corner of Union Avenue and B.B. King Blvd., facing AutoZone baseball park. "We see great potential for this beautiful new hotel in ...
Hotel Equities Selected to Manage Hampton Inn by Hilton in Gainesville, Georgia
Hotel Equities | October 25, 2016
ATLANTA–October 25, 2016– Atlanta-based Hotel Equities recently announced its selection as the management firm for the Hampton Inn by Hilton in Gainesville, Georgia. H&R Hotels, Inc., owner of the property, has developed a strategic partnership with Hotel Equities to manage the hotels in its portfolio. The Hampton Inn Gainesville will begin a major renovation in the near future using the brand's "Forever Young" design that promises to provide guests with a fresh new look and experience. Located in the central business district of Gainesville, the hotel is within walking distance of the Georgia Mountains Convention Center...
IHG Reports Q3 2016 Results: Slow but Steady Growth with a 1.3% Increase in RevPar
IHG | October 21, 2016
Highlights Global Q3 comparable RevPAR1 up 1.3%, and up 1.8% Q3 YTD Enhanced global scale: 7k rooms opened in Q3, increasing net system size 3.8% YoY to 754k rooms Building future growth: 19k rooms signed; highest for Q3 since 2008, taking pipeline to 230k rooms Richard Solomons, Chief Executive of InterContinental Hotels Group PLC, said: "We delivered a solid performance in the third quarter, leveraging our global scale to drive 3.8% net system growth and 1.3% RevPAR growth. We remain focused on executing our commercial strategy to drive competitive advantage. This includes broadening the footprint of our global portfolio of brand...
IHG Signs with Amapa Group to Convert Historic Palace Building into Hotel Indigo in Milan’s Duomo Neighborhood
October 19, 2016
Scheduled to open early 2018 under a franchise agreement with Amapa Group, the historic palace building will be converted into a hotel featuring 55 rooms, a destination restaurant, courtyard and a leisure and fitness centre. Situated in the city-centre, just ten minutes from Milan's Duomo and La Scala the hotel will be in a perfect location for guests to explore the local neighbourhood and its design will draw on inspiration from the local area, which has established a long history in the fields of fashion, textile and design. Hylko Versteeg, IHG's Associate Vice President of Development for Southern Europe, commented: "Boutique remains...
Hotel Equities Names Joe Fallis General Manager for the Residence Inn Atlanta Perimeter Dunwoody
Hotel Equities | October 6, 2016
ATLANTA–October 6, 2016 – Atlanta-based Hotel Equities recently hired Joe Fallis to serve as the General Manager of the Residence Inn by Marriott Atlanta Perimeter Dunwoody. The hotel is currently under construction at 4695 Ashford Dunwoody Rd. in the heart of the Perimeter Center area of Atlanta. It is expected to open in early summer 2017. Mr. Fallis has responsibility and oversight of the operations of the hotel including food & beverage, sales & marketing and revenue management strategies. "Joe brings years of outstanding leadership experience many of which he spent working in the Marriott family of hotels," said...
IHG Appoints Michael Zager Vice President, Operations, Continental Europe
IHG | October 6, 2016
Michael Zager will report directly to Stephen McCall, Chief Operating Officer, Europe, IHG®, and join IHG's Operations Leadership Team Zager will be based in Frankfurt, reflecting the operator's focus on Germany as a key market IHG, one of the world's leading hotel companies, has appointed Michael Zager as Vice President, Operations, Continental Europe. Zager will start his new role effective October 1st and report to Stephen McCall, Chief Operating Officer, Europe. Zager will join the Operations Leadership Team and will be based within IHG's Frankfurt office to help further strengthen presence and resource in this key market....
Hotel Equities Opens 134-Key Four Points Houston Energy Corridor
Hotel Equities | October 5, 2016
ATLANTA and HOUSTON–October 5, 2016– Atlanta-based Hotel Equities plans to open the Four Points Houston Energy Corridor, a new member of the Marriott family brand of hotels, in west Houston on October 4. The 134-key full service property is located at 18861 Katy Freeway in Houston and features 3,000 square feet of flexible meeting space. Hotel Equities serves as the management company for the hotel that is owned by OM Hospitality. Gary Shultz is the General Manager and Donnisha Spicer serves as the Director of Sales. "We are excited to open our first Four Points hotel and further expand our firm's presence in the greater Hou...
IHG and NOVUM Hotel Group Sign Landmark Deal to Develop 20 Hotels Across Europe
IHG | October 3, 2016
Multiple Development Agreement will see the companies develop winning portfolio of brands across Europe This is NOVUM Hotel Group and IHG's first MDA together InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and NOVUM Hotel Group, (NOVUM Group), one of the largest hotel groups in Germany, have today announced the signing of a Multiple Development Agreement (MDA) spanning 20 hotels across Europe in markets such as Germany, Austria and Netherlands. The MDA is the first venture together between both companies. IHG currently has over 650 hotels in Europe, including 64 hotels in Germany, and is going fr...
Sao Paulo Leads Latin America’s Hotel Construction Pipeline with 38 Projects Followed by Campinas, Brazil and Rio de Janeiro
Lodging Econometrics (LE) | September 27, 2016
September 27, 2016 – PORTSMOUTH, NH According to Latin America's Hotel Construction Pipeline from Lodging Econometrics (LE), the three cities with the largest pipelines are: Sao Paulo with 38 Projects/7,191 Rooms, Campinas, Brazil with 34 Projects/6,239 Rooms and Rio de Janeiro with 32 Projects/6,625 Rooms. The leading franchise companies in Latin America's Pipeline are: AccorHotels with 111 Projects/16,551 Rooms, Marriott International with 58 projects/9,814 Rooms and Hilton Worldwide with 55 Projects/7,483 Rooms. The leading brand for each of Latin America's top three franchise companies are: Accor's Hotel Ibis with 47 Projects/...
HIlton Honors Robert G. Schaedle III of Chartwell Hospitality with Lifetime Achievement Award
Hilton | September 26, 2016
MCLEAN, Va. – Sept. 26, 2016 — Hilton (NYSE: HLT) today announced honors for its top annual development awards in the Americas. Awards are presented in five categories across the company's portfolio of hotels, including: Developer of the Year, Best Conversion, Deal of the Year, Outstanding Achievement and Lifetime Achievement. Recipients are awarded based on criteria ranging from total number and quality of hotels developed to impact on community during the course of 2015. "We owe much of Hilton's success to the efforts of our owner partners, and we are proud to honor them with this well-deserved recognition," said Bill F...
IHG and HPL Partner to Bring InterContinental Resort to Maldives’ Island of Maamunagau
IHG | September 26, 2016
New Delhi, 26 September 2016 - InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has signed a management agreement with Hotel Properties Limited ("HPL") to open a new InterContinental® resort on the island of Maamunagau in the Maldives. The 83-room InterContinental® Maldives Maamunagau Resort will mark the brand's entry into the Maldives when it opens. This is the third resort that IHG has in partnership with HPL. The Singapore-based property owner and developer also owns Holiday Inn Resort Kandooma Maldives and Holiday Inn Resort Vanuatu. According to Maldives Ministry of Tourism, ove...
The Middle East’s Top Three Cities with Largest Construction Pipelines are Dubai; Riyadh, Saudi Arabia; and Doha, Qatar
Lodging Econometrics | September 23, 2016
September 23, 2016 – PORTSMOUTH, NH – According to the Middle East's Hotel Construction Pipeline from Lodging Econometrics (LE), the three cities with the largest pipelines are: Dubai with 110 Projects/31,155 Rooms, Riyadh, Saudi Arabia with 56 Projects/11,866 Rooms, and Doha, Qatar with 44 Projects/9,554 Rooms. The leading franchise companies in the Middle East's Pipeline are: Hilton Worldwide with 75 Projects/22,708 Rooms, Starwood Hotels & Resorts with 49 Projects/14,249 Rooms and Marriott International with 43 Projects/10,513 Rooms. The leading brand for each of the Middle East's top three franchise companies are: Hi...
Middle East Construction Pipeline Accelerates with Projects Up 16% and Rooms up 11% YOY
Lodging Econometrics | September 22, 2016
September 22, 2016 – PORTSMOUTH, NH – According to the recent Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE), the total pipeline has 495 Projects/142,946 Rooms, up 16% by projects and 11% by rooms Year-Over-Year (YOY). For hotels currently Under Construction, the Middle East Pipeline has 282 Projects/88,545 Rooms, up 26% by projects and 19% by rooms YOY. There are 103 Projects/24,211 Rooms Scheduled to Start Construction in the Next 12 Months, up 8% by projects and 7% by rooms. Projects in Early Planning, 110 Projects/30,190 Rooms, are down 16% by projects and 11% by rooms. ...
London Leads Europe’s Hotel Construction Pipeline Followed by Istanbul and Moscow
Lodging Econometrics | September 21, 2016
September 21, 2016 – PORTSMOUTH, NH According to Europe's Hotel Construction Pipeline from Lodging Econometrics (LE), the three cities with the largest pipelines are: London with 78 Projects/14,070 Rooms, Istanbul with 35 Projects/6,310 Rooms and Moscow with 31 Projects/7,805 Rooms. The leading franchise companies in Europe's Pipeline are: Hilton Worldwide with 147 Projects/24,312 Rooms, InterContinental Hotels Group (IHG) with 116 Projects/20,593 Rooms and Marriott International with 80 Projects/14,605 Rooms. The leading brand for each of Europe's top three franchise companies are: Hilton's Hampton Inn & Suit...
Europe’s Hotel Construction Pipeline Shows Steady Growth with Projects Up 7% and Rooms Up 6% YOY
Lodging Econometrics | September 20, 2016
September 20, 2016 – PORTSMOUTH, NH According to the recent Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the total pipeline has 951 Projects/152,085 Rooms, up 7% by projects and 6% by rooms Year-Over-Year (YOY). For hotels currently Under Construction, Europe's Pipeline has 423 Projects/74,158 Rooms, up 9% by projects and 7% by rooms YOY. There are 236 Projects/37,482 Rooms Scheduled to Start Construction in the Next 12 Months, up 2% by projects and 4% by rooms. Projects in Early Planning, 292 Projects/40,445 Rooms, are up 8% by projects and 6% by rooms. ...
