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
Ennismore Expands Its SO/ Brand With New Signing in Budapest
ENNISMORE | May 20, 2024
SO/ Budapest will bring style to the capital’s historic city centre when it opens in 2026. SO/ Budapest will be the brand’s first property in Hungary. Ennismore, the fastest-growing lifestyle and leisure hospitality company, announces the signing of SO/ Budapest, the brand’s first destination in Hungary. SO/ Budapest will open in 2026, following extensive refurbishment of both the exterior and interior of the building. SO/ Budapest will feature 350 rooms, including 56 suites and two presidential suites, which will take travelling in style to a new level. Inspired by the world of fashion and luxury concept stores, guestrooms at SO/ ...
IHG Hotels & Resorts and Kajima Corporation Sign Agreement to Open ANA Holiday Inn Resort Karuizawa in 2025
IHG | May 16, 2024
ANA Holiday Inn Resort Karuizawa will be the tenth hotel under the Holiday Inn brand family in Japan The project is IHG’s first agreement with Kajima in Japan and is the first step in a broader strategic partnership The new hotel will offer a full range of activities and amenities for families Tokyo, May 16th, 2024: IHG Hotels & Resorts (IHG) today announced that it has signed its first management contract in Japan with Kajima Corporation (Kajima) to open ANA Holiday Inn Resort Karuizawa in 2025. This agreement is the first step in a mid- to long-term mutual development partnership in Japan between IHG, one of the wor...
IHG Hotels & Resorts Expands Presence in Nepal With Signing of Crowne Plaza Resort Nepalgunj
IHG | May 15, 2024
The new-build hotel featuring over 100 keys will bring premium hospitality experiences to the country Nepal, 15 May, 2024:IHG®Hotels & Resorts, one of the world’s leading hotel companies, is proud to announce the signing of a management agreement with Mansarovar Amusement Park & Resort to develop Crowne Plaza Resort Nepalgunj, Nepal. Scheduled to open in early 2028, the resort will feature over 100 keys and will further strengthen IHG’s growing portfolio in the SWA region. Crowne Plaza Hotels & Resorts is one of the world’s largest premium hotel brands, with more than 520 open or in pipeline properties in major globa...
Middle East Hotel Construction Pipeline Rises to 612 Projects/144,222 Rooms at Q1 2024
Lodging Econometrics (LE) | May 15, 2024
May 15, 2024 – PORTSMOUTH, NH – The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year-over-year (YOY). At Q1 2024, projects currently under construction stand at 302 projects/80,589 rooms. Projects scheduled to start construction in the next 12 months stand at 133 projects/30,447 rooms, up 28% by projects YOY and 24% by rooms YOY. Projects in the early planning stage stand at 177 projects/33,186 rooms, up 18% by projects and 12% by rooms YOY. New project announce...
Club Med, Royal Court Affairs and Omran Group to Develop Club Med Musandam on the Persian Gulf
Club Med | May 14, 2024
14th May, 2024, Singapore. The hospitality landscape in Sultanate of Oman is about to be reinforced with the official signature of Club Med Musandam project, the first Club Med Resort in the Gulf States, with an exclusive beach opening to the astounding Persian Gulf. The official signature event held on May 2nd 2024 in Muscat counted the distinguished presence of His Excellency Mr. Salim bin Mohammed Al Mahrouqi, Minister of Heritage and Tourism of Oman, His Excellency Mr. Nasr bin Hamoud Al Kindi, Secretary General of the Royal Court Affairs, Her Excellency Mrs. Véronique Aulagnon, Ambassador of France in Oman, His Excellency Mr. Azzan ...
Forty-Five Percent of Hotel Projects in Europe’s Total Pipeline Are Under Construction at the End of Q1 2024
Lodging Econometrics (LE) | May 14, 2024
May 14, 2024 – PORTSMOUTH, NH – Lodging Econometrics (LE) has released its Q1 2024 Hotel Construction Pipeline Trend Report for Europe. According to LE analysts, the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. As of the first quarter's close, 45% of the hotel projects in Europe’s total pipeline are in the under construction stage, standing at 762 projects and 117,815 rooms. Another 411 projects with 60,356 rooms are scheduled to start construction in the next 12 months, while 532 projects with 75,606 rooms are in the early planning stage, slightly below the record-high reported ...
Comstock Celebrates Topping Out of Virginia’s First JW Marriott Hotel and Residences
Comstock | May 13, 2024
Distinguished Guests Gather at Reston Station to Celebrate Major Milestone RESTON, Va.--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region announced the celebration of the topping out of Virginia’s first-ever JW Marriott Hotel and Residences on Wednesday, May 8th. The event, held on-site at 1800 Reston Row Plaza, commemorated the significant progress that has been made on the development of The Row at Reston Station. The JW Marriott Hotel and Residences will offer upscale accommodations and resid...
Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows
Lodging Econometrics (LE) | May 13, 2024
May 13, 2024 – PORTSMOUTH, NH – Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China's construction pipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY). At the close of the first quarter, China has 2,691 projects and a record-high 488,560 rooms under construction. Additionally, there are 377 projects/65,193 rooms scheduled to start construction in the next 12 months, while 707 projects/141,459 rooms are in the early planning stage. Projects in early plann...
Marriott International Supports Increased Leisure Demand in Canada
Marriott International | May 10, 2024
Company focused on lifestyle, upper midscale and extended stay brands, as well as market-specific loyalty offerings Marriott International’s presence in the Canadian market strengthened, as the company celebrated a 36 percent year over year increase in hotel-level leisure revenue in 2023. With 274 hotels currently open and 90 in the pipeline, several factors, including a dedicated focus on lifestyle, upper midscale and extended stay brands; as well as market-specific loyalty program offerings and partnerships, continue to drive the company’s success in Canada. Lifestyle Brands Driving Success In an effort to meet the increased demand...
Hyatt Doubles Down on Latin America Growth With 30+ Planned Openings Through 2027
Hyatt Hotels Corporation | May 10, 2024
Upcoming openings in Latin America & the Caribbean enhance Hyatt’s leadership in luxury, resort and lifestyle, creating unforgettable experiences in destinations that matter most to guests and World of Hyatt members CHICAGO (May 10, 2024) – Hyatt Hotels Corporation (NYSE: H) highlighted today Hyatt's expected growth trajectory, from the sought-after beach town of Miches, Dominican Republic to the lush island of St. Lucia, World of Hyatt guests and members will soon have more than 30 new hotels to consider in Latin America & the Caribbean. Through 2027, Hyatt is committed to expanding its brand presence in new and exciting ...
Vision Hospitality Group Breaks Ground on Dual-Brand Home2 Suites and Tru By Hilton in Cleveland, TN
Vision Hospitality Group | May 8, 2024
CLEVELAND, Tennessee – May 8, 2024 – Vision Hospitality Group, Inc. breaks ground on a dual-brand Home2 Suites and Tru by Hilton in Cleveland, Tennessee. The groundbreaking ceremony, held on May 6, 2024, marks the commencement of construction on a dynamic hospitality venture set to drive further growth and meet the increasing demand in Cleveland. Strategically located at 4351 Frontage Rd NW, Cleveland, TN 37312, the forthcoming development will feature a combined total of 140 keys spanning five stories, promising guests a modern and welcoming environment. Notable amenities include 768 square feet of flexible meeting space and a refres...
Four Seasons to Expand Saudi Arabian Portfolio Alongside Dar Al Omran Company With New Hotel in Madinah
Four Seasons | May 7, 2024
Steps from the Prophet's Mosque, the Hotel will offer luxury accommodations to the city's tens of millions of annual visitors TORONTO, May 7, 2024 -- Leading luxury hospitality company Four Seasons and Saudi-based development firm Dar Al Omran Company announce plans for continued expansion in the Middle East with Four Seasons Hotel Madinah, anticipated to open in late 2024. The new-build hotel will be located at the heart of Madinah and steps from one of the most historic and significant sites in the region: Al-Masjid an-Nabawi, also known as the Prophet's Mosque. The city has a storied history, drawing millions of visitors eac...
Marriott International and KKR To Launch Midscale Hospitality Segment in Japan With Four Points Express by Sheraton
Marriott International | May 7, 2024
Marriott International, Inc. (Nasdaq: MAR) and KKR, a leading global investment firm today announced the launch of each company’s foray into the midscale hospitality space in Japan, which follows KKR’s completion of the acquisition of Unizo Hotel Company, Limited and a portfolio of 14 hotels in Japan from Unizo Holdings. The 14 hotels will be converted to Four Points Express by Sheraton. This marks Marriott’s entry into the affordable midscale segment in Japan and the brand’s debut in Asia Pacific following its global launch in this space in 2023. The portfolio of 14 hotels is located in major tourist destinations in 10 cities acr...
SSG Hotels Breaks Ground on New Staybridge Suites by IHG in Greenwood, IN
SSG Hotels | May 7, 2024
Greenwood, IN — [5.7.24] — SSG Hotels, a leading hospitality management company, is thrilled to announce the groundbreaking of its newest project: an 86 room Staybridge Suites by IHG in Greenwood, IN. This marks the company's second Staybridge Suites endeavor, promising to combine the latest prototype with locally inspired aesthetics for an unparalleled guest experience. About the Property: Staybridge Suites is an all-suite extended stay hotel that provides elevated residential experience with hotel amenities including complimentary breakfast buffet, light bites & happy hour, pool, fitness center, outdoor patio area, and business...
Hyatt Signs Agreement With Knowledge Economic City for Two New Hotels in The Kingdom of Saudi Arabia
Hyatt Hotels Corporation | May 6, 2024
Two Hyatt-branded hotels set to debut in Madinah as Hyatt House CHICAGO (MAY 6, 2024) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into management agreements with Knowledge Economic City (KEC) for two new Hyatt-branded hotels, Hyatt House Madinah KEC and Hyatt Centric Madinah KEC. Set to open in a highly anticipated development, Knowledge Economic City in Madinah, the properties will add a combined 576 keys to Hyatt’s portfolio in the Kingdom of Saudi Arabia (KSA). Further signaling Hyatt's commitment to the strategic growth of its portfolio in key markets that matter to guests and owners, Hy...
Accor Partners With Red Panda Property for 2027 Opening of Pullman Launceston in Tasmania
ACCOR | May 6, 2024
ACCOR ANNOUNCES DEBUT OF PULLMAN BRAND IN TASMANIA NEW PULLMAN HOTEL TO PRESERVE HERITAGE WHILE ADDING CUTTING-EDGE ACCOMMODATION, DINING AND MEETING FACILITIES TO CREATE DYNAMIC ENTERTAINMENT & CULTURAL HUB FOR LAUNCESTON Tasmanian urban regeneration specialists, Red Panda Property, announced today that Accor, Australia’s largest hotel operator, will manage its first hotel project - a five-star Pullman hotel in the heart of Launceston – under a hotel management agreement. Designed by one of Asia-Pacific’s leading design practices, DKO, the $45 million Pullman Launceston will regenerate a heritage-listed educational building i...
IHG Hotels & Resorts Expands Luxury & Lifestyle Footprint in Saudi Arabia With a New Hotel Indigo Signing
IHG | May 2, 2024
Enabled by the Tourism Development Fund (TDF), the partnership between IHG and Refad will bring a unique hospitality experience to Al Khobar Riyadh, Saudi Arabia, May 02, 2024: IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Refad Real estate investment & development company part of Abdulhadi AlQahtani, sons group Company to bring Hotel Indigo & Residences Al Khobar to Saudi Arabia by September 2027. In line with its commitment to fostering collaboration between its partners, TDF has facilitated the recent signing that will contribute to the...
IHG and MQDC To Bring Hotel Indigo to Bangkok’s Mixed-Use Development The Forestias
IHG | May 1, 2024
Bangkok, Thailand – May 1, 2024: IHG Hotels & Resorts is proud to announce the continued growth of its Hotel Indigo brand in Thailand through an agreement with international property developer Magnolia Quality Development Corporation Limited (MQDC). The 274-room Hotel Indigo The Forestias Bangkok will open in 2026 at The Forestias, a new integrated 64-hectare mixed-used development on the eastern fringe of Bangkok – the largest growth project of its kind in the country. This eagerly awaited addition to the Hotel Indigo brand portfolio promises to offer guests an immersive stay experience close to nature through a design that d...
Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024
Lodging Econometrics (LE) | April 30, 2024
April 30, 2024 – PORTSMOUTH, NH The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an impressive 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY). In Canada, there was a surge of projects that moved into the under construction stage in 2023. Currently, there are 70 projects/9,151 rooms under construction in Canada, up an impressive 49% and 58% YOY, respectively. Additionally, at the close of the first quarter, there are 80 proje...
Accor and Alesayi Holding Partner to Develop Abraj Omar Hotel & Residences Makkah – MGallery Collection in Kingdom of Saudi Arabia
ACCOR | April 29, 2024
Accor, a world-leading hospitality group, in partnership with Alesayi Holding, a leader in the Saudi Arabian real estate market with a diverse portfolio of residential and commercial units, has announced plans for the opening of a new hotel and residences development, Abraj Omar Hotel & Residences Makkah – MGallery Collection, located in the heart of the Holy City of Makkah, Kingdom of Saudi Arabia. Nestled in the bustling heart of Makkah, this hotel serves as a harmonious urban oasis, paying tribute to Makkah’s celestial heritage while drawing inspiration from the rich symbolism of Islamic gardens. The hotel will provide a sanctua...
Dallas’ Hotel Construction Pipeline Largest at Q1; Atlanta Hits Its All-Time High
Lodging Econometrics (LE) | April 29, 2024
April 29, 2024 – PORTSMOUTH, NH The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. Next is Atlanta, with an all-time high of 153 projects with 17,929 rooms, then Nashville with 127 projects/16,199 rooms. Phoenix follows with 123 projects/16,198 rooms, and the Inland Empire with a new record-high 121 projects/12,324 rooms. U.S. markets with the greatest number of projects already und...
IHG Hotels & Resorts and Brigade Group To Bring the InterContinental Brand to Hyderabad
IHG Hotels & Resorts | April 26, 2024
Bengaluru, April 26, 2024: IHG Hotels & Resorts, a global hospitability company, and Brigade Group, renowned property developer in India have announced the signing of a management agreement to debut the InterContinental brand in Telangana − InterContinental Hyderabad Neopolis. Slated to open in 2029, this newly constructed hotel is expected to be an integral part of Brigade’s upcoming, mixed-use development. The world-renowned brand, InterContinental has over 220 open hotels across more than 60 countries. Commemorating its 75th Diamond Anniversary in 2021, InterContinental continues to uphold its esteemed status as the world's fi...
Marriott International Signs Agreement With NEOM to Bring the Ritz-Carlton Reserve to Trojena, the Mountains of NEOM
Marriott International, Inc | April 25, 2024
Marriott International, Inc. announced it has signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of luxury. Designed for the most discerning travelers seeking a bespoke experience, Ritz-Carlton Reserve properties are tucked away in handpicked corners of the world. Highly personalized service is centered around human connection while the design is reflective of the vision, experiences, and natural environment of the destination, ...
Canadian Hotelier Sukhdev Toor Announces 2024 Opening of First TOOR Hotel in Downtown Toronto
TOOR Hotel | April 24, 2024
This design-forward property in downtown Toronto will offer bespoke stays and premium rental residences with unparalleled lake and city views TORONTO, April 24, 2024 - Visionary Canadian hotelier, Sukhdev Toor announces the first TOOR Hotel: a distinct lifestyle hotel and residences located in downtown Toronto. This boutique property will offer 232 guest rooms and suites, as well as 181 premium residential rental units. The project will feature a modern French-inspired bistro and bar set over two floors, valet parking, a 1,500 square foot fitness centre and yoga studio, a 3,000 square foot terrace, and an additional 1,100 square feet...
