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
Pendry Hotels & Resorts Celebrates Groundbreaking for Future Hotel and Residences Along Tampa’s Famed Riverwalk
Pendry Hotels & Resorts | November 2, 2023
TAMPA, FLA. (November 2, 2023) - Pendry Hotels & Resorts and Two Roads Development celebrates the groundbreaking of Pendry Tampa and Pendry Residences Tampa, a tremendous milestone for the hotel, featuring 220 guestrooms and a 39-story tower featuring 207 Pendry Residences along Tampa’s famed Riverwalk. Pendry Tampa is located at the corner of Ashley Boulevard and Whiting Street along the Hillsborough River in downtown Tampa, and it represents the ninth location in Pendry’s growing portfolio, including San Diego, Baltimore, West Hollywood, Chicago, Manhattan, Washington DC-The Wharf, Park City and Newport Beach, with future locatio...
IHG Signs With Fideicomiso 1870/2014 for New-Build Crowne Plaza Mexico City Insurgentes
IHG | November 1, 2023
Avenida de los Insurgentes property will offer a premium experience for today’s blended travel needs upon its planned 2026 opening ATLANTA (November 1, 2023) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced the signing of a new build Crowne Plaza hotel in a coveted location along Mexico City’s famed Avenida de los Insurgentes. Scheduled to break ground in early 2024 ahead of a planned 2026 opening, Crowne Plaza Mexico City Insurgentes will serve as a regional halo property for the brand and – upon its return to the nation’s capital – join a roster of seven* currently open Mexico ...
Meliá Hotels International Announces the Inaugural ME by Meliá Hotel in the Asia Pacific
Meliá Hotels International | October 31, 2023
ME Guangzhou is set to open in 2027, becoming a benchmark hotel for modernity and luxury in China Macao China, October 2023 – Meliá Hotels International, the largest hotel group in Spain and a global leader in the hospitality industry, has announced ME Guangzhou, a collaboration between ME by Meliá and Guangzhou Aocheng Investment Company Ltd, set to open in 2027. The opening of this property signifies a milestone for ME by Meliá as it makes its highly anticipated debut in the Asia Pacific region. Set to open its doors in 2027, ME Guangzhou will welcome guests from around the world to experience the vibrant city of Guangzhou. ME b...
Canada’s Pipeline Remains Robust – Early Planning Stage Shows Significant Increase
Lodging Econometrics (LE) | October 31, 2023
October 31, 2023 – PORTSMOUTH, NH – In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up 5% by projects and 8% by rooms year-over-year (YOY). In the third quarter, Canada had 22 new project announcements with 2,816 rooms. Hotel projects presently under construction in Canada at Q3 stand at 56 projects/8,228 rooms, up 4% and 18% YOY, respectively. Projects scheduled to start construction in the next 12 months stand at 101 projects/11,548 rooms at Q3, while projects in the early planning stag...
The Dallas Market Maintains Grasp on the Greatest Number of Projects in the U.S. Hotel Construction Pipeline at Q3 2023
Lodging Econometrics (LE) | October 30, 2023
October 30, 2023 – PORTSMOUTH, NH – As seen in the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five markets with the largest hotel construction pipelines by projects at Q3 2023 are led by Dallas, with an all-time high of 189 projects/21,840 rooms, followed by Atlanta, with 140 projects/17,775 rooms, and Nashville, with 122 projects/16,046 rooms. Next is Phoenix, with 119 projects/16,455 rooms, and the Inland Empire, with 117 projects/11,784 rooms. At the Q3 close, New York City continues to have the greatest number of projects under construction, with 46 projects/8,386 rooms. ...
Minor Hotels to Debut in Finland With NH Collection Helsinki Grand Hansa
Minor Hotels | October 27, 2023
Project sees the refurbishment of two historic buildings in collaboration with Ylva Madrid, 27th October 2023 — Minor Hotels, an international hotel owner, operator and investor with more than 530 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America and North America, announces the upcoming launch of its first property in Finland – the five-star NH Collection Helsinki Grand Hansa – as part of its expansion plans in the region. Currently under construction in partnership with Ylva and slated to open during Q1 2024, this will be Minor Hotels’ second property in the Nordic region...
Project H3 by Hilton Breaks Ground on Inaugural Hotel in Kokomo, Indiana
Project H3 by Hilton | October 27, 2023
Construction of Hilton’s new apartment-style extended-stay brand begins less than five months after launch, expected to debut in mid-2024 MCLEAN, Va. and KOKOMO, Ind., October 27, 2023 – Hilton (NYSE: HLT) today announced the groundbreaking of the first Project H3 by Hilton hotel in Kokomo, Ind., signifying the start of construction on its new studio apartment-style extended-stay hotel brand. Operating under a working title as Hilton navigates the final stages of the trademark process, the 137-room property is located at 5138 Cartwright Drive and is owned by Sun Management & Development Corporation. Hilton’s inaugural lower mi...
Urban Street Development Announces Expansion of Hotel Indigo in Tallahassee
Urban Street Development | October 27, 2023
The CollegeTown development will increase accommodations by nearly 60% for guests, as well as expand retail space TALLAHASSEE, FL – October, 27 2023 - South-Florida based developer, Urban Street Development (USD), is thrilled to announce a significant expansion to Hotel Indigo, a beloved fixture in the heart of the vibrant CollegeTown district, adding 84 new hotel rooms to its existing 143-room capacity, bringing the total number of rooms to 231. Since its grand opening in 2020, Hotel Indigo has become a landmark destination for both business and leisure travelers, especially as a hub for Florida State University sports fans, parents, ...
Pueblo Bonito Vantage San Miguel De Allende to Open in Spring 2024
Pueblo Bonito Vantage | October 27, 2023
San Miguel de Allende, Mexico (October 27, 2023) – Pueblo Bonito Golf & Spa Resorts will unveil its new luxury brand with the opening of Pueblo Bonito Vantage San Miguel de Allende in Spring 2024. Pueblo Bonito Vantage hotels will unite local traditions with exclusivity, technological comforts, singular experiences, and high-end service. Designated by UNESCO as a World Heritage Site in 2008, San Miguel de Allende—named one of the world’s best cities and most enchanting destination by Travel + Leisure—has been charming visitors for nearly 500 years. The city is renowned for its baroque Spanish architecture, thriving arts scene...
Marriott International to Expand Luxury Portfolio in Vietnam With Signing of JW Marriott, the Luxury Collection, and Ritz-Carlton Reserve Resorts
JW Marriott | October 27, 2023
Marriott International, Inc. has announced the signing of agreements to open three new luxury resorts in Vietnam. The signings mark the expected debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection on the tropical paradise of Hon Thom Island in Phu Quoc. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel set for Trang An, the serene UNESCO World Heritage destination in northern Vietnam. The agreements were signed by President and CEO of Marriott International Anthony Capuano during a recent visit to the country. He was joined by President for Asia Pacific (excluding China) of Marrio...
Terra Unveils Plans for Mr. C Hotel & Residences in West Palm Beach
Terra | October 25, 2023
Douglas Elliman tapped to lead sales for the development’s 146 branded residences. Construction is estimated to get underway in early 2024, with completion slated for 2026. MIAMI, FL – October 25, 2023 – West Palm Beach will soon welcome its first branded luxury real estate development. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida. Located at 320 Lakeview Avenue, in the heart of Downtown West Palm Beach along South Dixie Highway, the 25-story condominium ...
U.S. Construction Pipeline Continues Its Steady Growth Trajectory With Upper Midscale & Extended Stay Projects Dominating the Pipeline at Q3 2023
Lodging Econometrics (LE) | October 25, 2023
October 25, 2023 – PORTSMOUTH, NH -- According to the most recent Construction Pipeline Trend Report for the United States by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. construction pipeline stands at 5,704 projects/672,676 rooms, up 7% Year-Over-Year (YOY) by projects and rooms. The hotel construction pipeline continues to grow at a moderate pace with current project counts 3% below and rooms 14% below the all-time high of 5,883 projects/785,547 rooms reached in Q2 2008. At the close of the third quarter, there are 1,063 projects/140,331 rooms under construction, up 8% by projects and 4% by rooms YOY. Projects sc...
Vision Hospitality Group Breaks Ground on Tempo by Hilton Nashville/Midtown
Vision Hospitality Group | October 23, 2023
NASHVILLE, TN – (October 23, 2023) – Vision Hospitality Group, Inc. announces the groundbreaking of the Tempo by Hilton Nashville/Midtown. The 161-room hotel is ideally located in the heart of Nashville’s Midtown district convenient to Vanderbilt University, Vanderbilt Medical Center, Centennial Park, and Music Row. The innovative Tempo by Hilton brand offers an elevated and uplifting experience to a new and emerging class of traveler, the Modern Achiever, who seek out and our willing to pay more for brands that deliver on their needs and reflect their lifestyle. The Tempo by Hilton Nashville/Midtown will feature the Tempo Café...
Paradigm Development Partners Breaks Ground on TownePlace Suites by Marriott Middleburg
Paradigm Development Partners, LLC | October 23, 2023
Middleburg, FL (October 23, 2023) - Paradigm Development Partners, LLC was joined by Clay County officials and project partners on Tuesday, October 17 to celebrate the official groundbreaking of TownePlace Suites by Marriott Middleburg. The contemporary 124-room extended-stay hotel is coming soon to the Clay Town Center, a new mixed-use development at the southwest corner of Branan Field Road and Old Jennings Road boasting professional offices, restaurants and retail space. "We're elated to break ground and bring such a high caliber hotel to Clay County,” said Rick Friedman of Paradigm Development Partners, LLC. “TownePlace Suite...
Hilton Partners With Paval Holding and Apex Alliance to Bring LXR Brand to Italy
Hilton | October 19, 2023
Hilton launches its LXR luxury brand in Italy with the picturesque Grand Hotel Gardone Lake Garda, opening in 2026 ROME and McLEAN, Va – Hilton (NYSE: HLT) has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Paval Holding and Apex Alliance. With a stunning lakeside location, Grand Hotel Gardone Lake Garda, LXR Hotels & Resorts is set to open in 2026 following a multimillion Euro renovation, elevating the hotel’s interiors while preserving the grand façade. The hotel is owned by the Lithuanian group Apex Alliance and Romanian Pavăl Holding and will be managed by A...
Omni Hotels & Resorts Breaks Ground on Beachfront Omni Pontoque Resort at Punta de Mita
Omni Hotels & Resorts | October 18, 2023
DALLAS, TX (October 18, 2023) Set to open in Summer 2026, Omni Hotels & Resorts has officially broken ground on Omni Pontoque Resort at Punta de Mita, the brand’s first luxury resort in Mexico. This beachfront resort will feature 244 guest rooms and suites as well as two 4-bedroom villas with sweeping views of the Pacific Ocean. The resort will pay homage to the local culture rooted in the location’s natural surroundings. “The Omni Pontoque Resort at Punta de Mita marks an exciting new chapter for Omni as we further elevate our brand by expanding into this premier destination,” said Kurt Alexander, President of Omni Hotels &...
Arlo Hotels Celebrates Topping Off of Arlo Washington D.C.
Arlo Hotels | October 18, 2023
The Experience-Driven Brand Will Open Its Seventh Hotel – Its First in Washington, D.C. – in 2024 WASHINGTON, DC (October 18, 2023) – Arlo Hotels, the independent lifestyle hotel brand with properties in Manhattan, Brooklyn, Miami and Chicago, announces the topping off of Arlo Washington D.C., its newest property in Washington, D.C. The 12-story boutique hotel, slated to open in August 2024, will be the brand’s seventh property in the U.S. The hotel is owned by Quadrum Global, an integrated development, investment management and advisory group focused on real estate opportunities. Arlo Washington D.C. will comprise 229,846 squa...
Hotel Development: Pencils Down
Jon Peck | October 17, 2023
By Jon Peck Hotel supply grew a meager 0.5% in 2022 and is forecasted to grow just 1% on average for the next three years, according to a CBRE June report. Meanwhile, demand is expected to exceed supply with some projections showing demand increased as high as 2%. Hotel Supply and Demand Historically, supply and demand have maintained a closer balance. This imbalance bodes well for existing hotel owners but not for hotel developers and the ecosystem that supports them (architects, construction firms, Interior designers, etc.). The reason for the imbalance is straightforward: the math doesn’t work for most new hotel projects, w...
Hilton Reveals Plans for Poland’s First Canopy by Hilton Hotel
Hilton | October 13, 2023
WARSAW, Poland and McLEAN, Va. – Hilton (NYSE: HLT) has today confirmed a franchise agreement with TFG Hotels to develop Canopy by Hilton Warsaw. Opening in 2025, the newly developed 170 guest-room hotel will be Hilton’s first lifestyle hotel in Poland, joining recent Canopy by Hilton openings in Cannes, Madrid, London and Paris. The hotel will be managed by TFG Hotels. Patrick Fitzgibbon, senior vice president, development, Europe, Middle East and Africa, said, "With five new hotels opening in the past year alone, Hilton’s growth in Poland continues at pace and destinations like Krakow, Warsaw and Wrocław present new opportunitie...
IHG Partners With MMS Land for New Crowne Plaza Labuan Bajo in Indonesia
IHG | October 12, 2023
Jakarta, Indonesia – 12 October 2023: IHG Hotels & Resorts, one of the world’s leading hotel companies, today announced a landmark partnership with MMS Land – the property and hospitality arm of MMS Group Indonesia. The new-build Crowne Plaza Labuan Bajo will be the IHG’s premium brand third property in Indonesia, and mark IHG’s entry into an exciting new destination as it continues its strategic growth in the country. Located next to Komodo International Airport and just 15 minutes from the waterfront on the most western tip of Flores Island, the hotel will provide the ideal base for guests to explore the area’s many...
IHG to Debut Kimpton Brand in Portugal With 2025 Opening in the Algarve
IHG | October 11, 2023
IHG Hotels & Resorts, one of the world’s leading hospitality companies, today premiers its Kimpton Hotels & Restaurants brand in Portugal, with the signing of Kimpton Algarve São Rafael Atlántico. This addition reinforces the strength of the Kimpton brand as part of IHG’s Luxury & Lifestyle offering in Europe, where it currently operates 93 hotels in this segment and a further 57 under development. Signed under a franchise agreement with Highgate Portugal, the hotel is expected to open in 2025 offering 149 guest rooms, more than 1,300 m2 of meeting space and multiple restaurants and bars. The hotel will also offer a roun...
The Athens Group and Hatteras Sky Celebrate Topping Off of Asher Adams, The First Autograph Collection Hotel in Salt Lake City, Utah
Hatteras Sky | October 10, 2023
SALT LAKE CITY, UT – OCT. 10, 2023 – The Athens Group, a luxury hospitality development company, known for the creation of generational hotels and resorts, along with its partner, Hatteras Sky, a commercial real estate firm focused on multifamily and hospitality development in high-growth American markets, are pleased to announce the recent topping off of Asher Adams in downtown Salt Lake City. This signature project features the adaptive reuse of the historic Union Pacific Depot Train Station which first opened its doors in 1909 along with the construction of a new, eight-story guestroom tower. The Athens Group is transformi...
Hilton Signs With Feuring Asset Management to Open Three New Centre City Hotels in Lisbon
Hilton | October 9, 2023
LISBON, Portugal and McLEAN, Va. – As Lisbon continues to grow in popularity for international travel and tourism, Hilton (NYSE: HLT) has announced plans to open three new properties across three of its award-winning brands. This announcement follows a management agreement with Feuring Asset Management GmbH to develop Canopy by Hilton Lisbon Praça Sao Paulo, Duo Hotel Lisbon, Curio Collection by Hilton and Hampton by Hilton Lisbon Baixa. Commenting on the three new signings, Carlos Miró, managing director, development, Spain & Portugal, Hilton, said, “Lisbon is an incredibly exciting destination, with ample opportunity for dev...
Accor Signs With SK Development to Open First Swissôtel in Kyrgyzstan
Accor | October 6, 2023
Accor, a world leading hospitality group, announces the signing of a cooperation agreement with SK Development to open the first Swissôtel in Kyrgyzstan, which will be located on the shore of Issyk-Kul, one of the largest lakes in Central Asia. Combining Swiss hospitality, excellent service and stylish modern design, the 5-star hotel will offer its guests exceptional recreational and wellness services on the shores of the magnificent Issyk-Kul Lake. “With the signing of the new Swissôtel, we are strengthening Accor's leading position in the region and making a significant contribution to the tourism industry of Kyrgyzstan. Issyk-Kul La...
