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
IHG Partners With Tuyet Lien Son Co Ltd for voco Brand in Vietnam
IHG | December 15, 2020
IHG Hotels & Resorts will expand its upscale voco™ brand to Vietnam next year through an exciting partnership with Tuyet Lien Son Co Ltd, which will mark the first opening under the voco brand in South East Asia. Already near completion, the stunning voco Ma Belle Danang property is ideally located next to the beachfront along the main thoroughfare of the coastal city. The 290-room hotel seamlessly combines the informality and charm of an individual property with the quality and reassurance of a globally renowned brand. It signals the latest development in the growth of voco, inspired by the Latin word for 'to invite' or 'come ...
Marriott International Signs Agreement With Grupo Hoteles Panamericano to Bring the Sheraton Hotels Brand to Patagonia Region
Marriott International, Inc. | December 15, 2020
Marriott International announced today that is has signed an agreement with Grupo Hoteles Panamericano to bring the iconic Sheraton Hotels brand to Bariloche, a major tourism center located in the foothills of the Argentinean Andes. Slated to debut in January 2022, the property is expected to feature 161 rooms after undergoing an extensive conversion. Located in Bariloche’s city center atop an elevation with outstanding views to the Nahuel Huapi Lake, Sheraton Bariloche, currently branded as Hotel Panamericano Bariloche, is situated just steps from San Martín street- the destination’s buzzing entertainment center featuring a broad sel...
Hyatt Grows Boundless Portfolio of Lifestyle Brands in the Americas With New Hotel Openings and Strong Development Pipeline Slated Through 2021
Hyatt Hotels Corporation | December 11, 2020
CHICAGO-- December 11, 2020--Hyatt Hotels Corporation (NYSE: H) announced today mindful growth of the Alila, Hyatt Centric and Thompson Hotels brands with nearly 20 new hotels that have opened in 2020 and hotels planned to open in the Americas through 2021. This strong growth is fueled by Hyatt’s 2018 acquisition of Two Roads Hospitality and Hyatt’s commitment to growing with intent and offering compelling experiences and benefits for guests and World of Hyatt members. Hyatt’s boundless portfolio – which also includes the Andaz and Caption by Hyatt hotel brands – provides guests opportunities to immerse themselves in distinctive...
New Boutique Hotel Brand Vib® Breaks Ground in Tempe, Arizona
Best Western Hotels & Resorts | December 10, 2020
Tempe, Arizona (December 10, 2020) – Best Western® Hotels & Resorts (BWHR) today announces the groundbreaking of its urban, upscale boutique brand, Vīb, in Tempe, Arizona. Vīb currently boasts 16 properties in the global pipeline, and Vīb Tempe will be joining locations in Springfield, Missouri; Bangkok, Thailand and Antalya, Turkey. Located at 511 South Farmer Avenue, the 102-room Vīb Tempe will serve as BWHR’s corporate hotel, giving the global hospitality company a bigger footprint in its home state of Arizona. BWHR has been located in Arizona since 1966 with its Phoenix-based corporate office serving as the global headquart...
Kimpton Hotels & Restaurants Launches Development of the Kimpton in Midtown in Atlanta, Georgia
Kimpton Hotels & Restaurants | December 10, 2020
SAN FRANCISCO (December 10, 2020) – Today Kimpton Hotels & Restaurants announces construction for its third boutique hotel in Atlanta, scheduled to open in 2022. As part of the planned landmark Midtown Union complex, the new 230-room hotel will offer a ground-level chef-driven restaurant and bar, a second-story bar and lounge and 5,400 square feet of meetings and events space. Located in the Arts Center of Midtown at 17th Street and West Peachtree Street, the Kimpton in Midtown will bring in much of the neighborhood’s vibrant arts and culture scene to its own innovative exterior and interior design to become a beacon for local and ...
Marriott to Debut First AC Hotel in the Dominican Republic With 2021 Opening of AC Punta Cana
AC Hotels | December 8, 2020
MIAMI, Dec. 8, 2020 -- The world's largest hotel chain, Marriott, together with investment firm EGI Business Group, adds to its growing portfolio in Latin America with the introduction of AC Punta Cana in the Spring of 2021. The property will be the first project from EGI Business Group in the Caribbean, the first AC Hotel in the Dominican Republic, and will be managed by Highgate. Tackling a growing trend in travel that combines business with leisure, this 129-room property will enhance the brand's signature take on precision and attention to detail to cater to the demands of essentialists who live by design and wish to make th...
AMJ Group Plans First Hyatt-Branded Hotel in Gainesville, Florida
Hyatt Place | December 7, 2020
GAINESVILLE, Fla. (December 7, 2020) – AMJ Group today announced plans to develop the first Hyatt-branded hotel in Gainesville, Hyatt Place Gainesville Downtown. Expected to open in spring 2022, Hyatt Place Gainesville Downtown will bring the brand’s intuitive design, inspired by Gainesville’s uniquely creative and artistic culture, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings, to downtown Gainesville, adding to the historic neighborhood. With 145 guestrooms, a second-floor elevated pool, market, lounge, restaurant and 1,800 square feet of meeting space, Hyatt Place Gainesville Downtown wi...
IHG Signs With Siamese Asset to Bring Crowne Plaza to Bangkok
IHG | December 3, 2020
Franchise agreement signed with long-term partner for Crowne Plaza Bangkok Rama 9 InterContinental Hotels Group (IHG®) has signed a landmark franchise agreement with real estate experts, Siamese Asset to expand its world-renowned Crowne Plaza brand in Bangkok. The new Crowne Plaza Bangkok Rama 9 hotel will open in 2025in a prime city location, close to the Thai capital’s new central business district. The announcement signals the first time IHG has completed a franchise agreement in Thailand, as they expand their relationship with long-term partner Kew Green, a franchisee of more than 40 hotels in the UK. Kew Gree...
Edwardian Hotels London Plans April 2021 Opening of The Londoner
Edwardian Hotels London | December 3, 2020
December 3 2020 - As some of the most prolific players in the London hospitality scene, Edwardian Hotels London has not slowed in their quest to launch The Londoner, at a time when the industry needs it most. Taking center stage on Leicester Square, The Londoner will welcome arrivals from April 2021, not only placing guests in the world’s first super boutique hotel, but also at the heart of the West End theatreland. Boutique in feeling yet staggering in scale, The Londoner is set to transform the city’s hotel landscape. In excess of £300 million of investment towards the group’s most ambitious project to date, Edwardian Hotels London ...
Hilton Plans Three New Hotels in Portugal
Hilton | December 2, 2020
LISBON and MACLEAN, Va. - Hilton (NYSE: HLT) today announced plans to double its portfolio in Portugal with agreements to open three new hotels, representing a combined investment of around EUR 60 million. The additions of Hilton Porto Gaia, Legacy Hotel Cascais, Curio Collection by Hilton and DoubleTree by Hilton Lagoa Azores mark a significant milestone for Hilton and underscore the company’s confidence in the Portuguese market. Patrick Fitzgibbon, Senior Vice President, Development, EMEA, Hilton, said: “With more than 24 million visitors last year, Portugal is perfectly positioned to capture pent-up consumer demand as internation...
Hyatt Signs With Olympus Property Holding Affiliate to Develop Hyatt Regency London Olympia
Hyatt Regency | December 1, 2020
Situated in a new development in West London, Hyatt Regency London Olympia will mark the second Hyatt Regency hotel in the capital LONDON (December 1, 2020) – Hyatt announced today that a Hyatt affiliate has entered into a management agreement with an affiliate of Olympus Property Holding Limited to develop a new Hyatt Regency hotel in London. The 196-room hotel is slated to open in 2024 and will mark the eighth Hyatt-branded property and the second Hyatt Regency hotel in London. Hyatt Regency London Olympia will add to the current portfolio of Hyatt Regency hotels in the United Kingdom, joining Hyatt Regency Birmingham, Hyatt Regen...
The Asia Pacific Construction Pipeline, Excluding China, Remains Steady Year-Over-Year
Lodging Econometrics (LE) | December 1, 2020
December 1, 2020 – PORTSMOUTH, NH – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, remained steady year-over-year (YOY) to end the third quarter of 2020 at 1,820 projects/385,194 rooms, up 2% by projects and down slightly by 1% by rooms YOY. While coronavirus cases surge again across Europe and the United States, the Asia Pacific region has been one of the few regions of the world to successfully control the spread of COVID-19. This has allowed for hotel construction to continue throughout the ...
Austin to Experience a 10% Increase in Hotel Room Supply Over the Next 12 Months
HotelMarketData | December 1, 2020
HotelMarketData (HMD) Index indicates over 4,000 new hotel rooms under construction to become available in the Austin region by the end of Q4 2021 01-December-2020 – Chicago, IL – Austin, Texas anticipates a 10% increase in the supply of hotel rooms by the end of the fourth quarter of 2021. The total supply will increase from 40,676 currently available to over 44,790 available rooms as 26 hotels are slated to open in the Austin region over the next 12 months. According to the HMD Index, which provides real-time supply and construction pipeline data for the US hotel industry, the supply of luxury rooms within Austin is expected to ...
Wyndham Hotels & Resorts Plans First Wyndham Grand Property in Australia
Wyndham Hotels & Resorts | November 30, 2020
SINGAPORE (November 30, 2020) –Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 properties across 90 countries, is ramping up its plans for expansion in Australia with the announcement of Wyndham Grand® Adelaide, a major new landmark that will become one of the tallest hotels in South Australia and the first Wyndham Grand hotel for the country when it opens in 2024. Wyndham Grand Adelaide will rise 120 meters from King William Street in Adelaide’s Central Business District, becoming a new icon for the city. The estimated AUD150 million skyscraper is being developed by Equinox Propert...
Developer R&F UK and Hyatt Plan for Park Hyatt London River Thames at Nine Elms
Park Hyatt | November 25, 2020
CHICAGO --Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into management agreement with R&F UK for a new Hyatt-branded hotel in London. The 203-room Park Hyatt London River Thames is expected to open in 2022 and will be located within R&F UK’s Nine Elms development on the south bank of the river. The addition of the hotel to the U.K. market signifies Hyatt’s continued brand growth into Europe’s leading cities. “The addition of the Park Hyatt brand to London is a key milestone for Hyatt,” said Felicity Black-Roberts, vice president of development Europe, Hyatt. “It has always been a...
Wyndham Hotels & Resorts Begins Development of the Wyndham Grand Adelaide in Australia
Wyndham Grand | November 25, 2020
PARSIPPANY, N.J. (November 25, 2020) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 properties across 90 countries, is ramping up its plans for expansion in Australia with the announcement of Wyndham Grand® Adelaide, a major new landmark that will become one of the tallest hotels in South Australia and the first Wyndham Grand hotel for the country when it opens in 2024. Wyndham Grand Adelaide will rise 120 meters from King William Street in Adelaide’s Central Business District, becoming a new icon for the city. The estimated AUD150 million skyscraper is being developed by Equin...
Marriott International Signs Agreement With Magellan Development Group to Open the St. Regis Chicago and the Residences at the St. Regis Chicago in Il
Marriott International | November 25, 2020
Marriott International, Inc. today announced it has signed an agreement with Magellan Development Group to introduce its iconic St. Regis Hotels & Resorts brand to Chicago. The project is anticipated to include 191 hotel rooms – including 33 spacious suites – and 393 branded residences within the 101-story building. Previously under construction as the luxury Wanda Vista Hotel and Vista Tower, the property is being rebranded as the St. Regis Chicago and the Residences at the St. Regis Chicago. Expected to welcome its first residents in December 2020 and hotel guests by July 2021, the project will serve as a key property in the neighb...
The University of Chicago Announces Newest Addition to South Side Campus: The David Rubenstein Forum Now Open for Booking
BENCHMARK® | November 19, 2020
The Forum Joins Portfolio of BENCHMARK®, a global hospitality company (Chicago, IL) November 19, 2020 -- The University of Chicago proudly announces that the David Rubenstein Forum, an innovative new meeting facility on its iconic South Side campus, is now open for booking. The Forum provides a dynamic convening hub for the kind of rigorous inquiry, vigorous debate, and academic collaboration that defines the University of Chicago, and makes it a destination for scholars, students, thought leaders and dignitaries from around the world. The building, designed by the acclaimed New York architecture firm of Diller Scofidio + Renfro and t...
How Has the Hotel Development Scene Evolved?
Kimberly Yoong | November 13, 2020
By Kimberly Yoong [embed]https://youtu.be/lTSbErjkg10[/embed] Hotel development, in a nutshell, involves the process of sourcing and negotiating hotel management or franchise contracts as well as investment opportunities, in order to drive the organic growth of a hotel business. As the tourism industry boomed, the term had earned itself somewhat ‘vogue’ status, especially amongst aspiring hoteliers. In an EHL webinar, EHL alumni Chris Anklin, Regional Vice President of Development at Hyatt Hotels Corporation and Ananth Ramchandran, Vice President of Global Corporate Finance & Strategy, Capital Investments & Transactions and ...
Kalahari Resorts and Conventions Opens America’s Largest Indoor Waterpark Resort
Kalahari Resorts and Conventions | November 12, 2020
ROUND ROCK, Texas - Kalahari Resorts and Conventions Round Rock is the new home of America’s Largest Indoor Waterpark Resort with 223,000 square feet of wet-and-wild fun. The all-under-one-roof experience offers world-class dining, a luxurious spa, live entertainment, diverse shopping experiences, a thrilling indoor theme park and a state-of-the-art convention center. The Round Rock resort is Kalahari’s fourth property and the brand’s first foray into Texas and the Southwest market. The new resort created approximately 1,000 jobs in 2020 and expects to hire additional associates as demand grows in 2021. “Everything is bigger in Te...
Access Point Financial Secures $9.2 Million Loan for Delta by Marriott, Green Bay
Access Point Financial | November 12, 2020
Recognized leader in hospitality-focused lending completes full loan funding in just 15 days amid coronavirus outbreak GREEN BAY, WIS. - November 12, 2020 – Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, today announced the completion of an agreement with Lodging Opportunity Fund REIT (LOF REIT) to refinance the Delta by Marriott in Green Bay, WI. LOF REIT worked with Access Point Financial to secure a $9.2 million loan on the property. The REIT chose APF as its lending partner due to the company’s ability to be nimble when working with a limi...
The Wellem Joins The Unbound Collection by Hyatt in Düsseldorf
The Unbound Collection by Hyatt | November 10, 2020
The property is named after Jan Wellem, who together with his wife Anna Maria Luisa of the House of Medici significantly impacted Düsseldorf to become the center of culture and fine arts that it is today. In the spirit of its namesake, The Wellem is home to an impressive collection of contemporary art displayed throughout the property and within guest suites, including works from internationally renowned artists such as Jeff Koons, HA Schult, and Julian Schnabel. Guests have access to the hotel’s exclusive private Art Concierge, who can introduce guests to the masterpieces on display within the property and also offer tours at the nearby m...
Hyatt Signs With First Hotel Reisen AB for Hotell Reisen Sweden
The Unbound Collection by Hyatt | October 30, 2020
Located in Stockholm, the hotel will join The Unbound Collection by Hyatt brand, continuing to fuel Hyatt’s brand growth in Europe CHICAGO (October 30, 2020) – Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a franchise agreement with First Hotel Reisen AB to open the first Hyatt property in Sweden. Hotell Reisen is currently undergoing extensive refurbishment and will be available on Hyatt's booking system on an unbranded basis as of December 1, 2020 with plans to join The Unbound Collection by Hyatt brand in early 2021. In the Nordics, the hotel will join the planned Grand Hansa Hotel in H...
IHG Signs With K.W. Group to Bring Holiday Inn and Holiday Inn Express Brands to Phuket’s Kata Beach
IHG | October 30, 2020
Double signing marks new partnership with Thailand hospitality experts IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has signed a management agreement with K.W. Group to bring both the Holiday Inn and Holiday Inn Express brands to Phuket’s Kata Beach. Scheduled to open in 2022, the two hotels will be eye-catching additions to The Beach Plaza Phuket, the largest mixed-use development in Kata Beach, located just five minutes from the sea. Holiday Inn Phuket Kata Beach will have 134 rooms and offer guests a range of dining options and meeting facilities as well as a swimming pool and gym. Holi...
