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
The Asia Pacific Hotel Construction Pipeline Excluding China Continues Double Digit Increases Year-Over-Year
Lodging Econometrics | June 12, 2018
June 12, 2018 – PORTSMOUTH, NH – The most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the Total Pipeline has 1,673 Projects/349,081 Rooms, up 12% by projects and 17% by rooms Year-Over-Year (YOY). There are 959 Projects/208,153 Rooms Under Construction, up 19% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 368 Projects/72,819 Rooms, up 26%, while projects in Early Planning at 346 Projects/68,109 Rooms, are down 14% by projects YOY. ...
IHG Launches New Upscale Brand, voco, With a Signing in Australia
IHG | June 12, 2018
IHG® (InterContinental Hotels Group) has today launched voco™, its new upscale hotel brand, alongside announcing a first signing in Australia. voco will focus primarily on conversion opportunities and will strengthen IHG's offer in the $40 billion upscale segment, which is expected to grow by a further $20 billion by 2025. Working with high-quality individual and locally-branded hotels, this distinctive brand will offer owners the ability to drive higher returns through delivering a compelling guest experience and leveraging IHG's powerful systems. This includes best-in-class revenue management and technology capabilities and ...
Hilton Joins With GdF Hotel Srl to Open Grand Hotel Villa Torretta Milan Sesto, Curio Collection by Hilton in 500-Year-Old Milanese Villa
Gruppo Della Frera - Gdf Group Spa | June 11, 2018
MILAN, and MCLEAN, Va. - Hilton (NYSE: HLT) has signed a franchise agreement with GdF Hotel Srl to open Grand Hotel Villa Torretta Milan Sesto, Curio Collection by Hilton. The hotel will open later this year and joins two Curio Collection by Hilton hotels in Italy, including properties already operating in Rome and Tuscany. The hotel will be situated in a 16th century villa which was once the country retreat of Milanese aristocrats. Many of the renaissance building's historic features were restored in an extensive renovation in 2002, including priceless frescos which now adorn the hotel's public areas and some of its 77 guest rooms and ...
Top Countries & Cities in the Middle East and Africa Hotel Construction Pipelines Are Saudi Arabia, UAE and Qatar
Lodging Econometrics | June 11, 2018
June 11, 2018 – PORTSMOUTH, NH – According to analysts at Lodging Econometrics (LE), the top countries in the Middle East Construction Pipeline are: Saudi Arabia with 209 Projects/72,680 Rooms, United Arab Emirates with 208 Projects/58,930 Rooms and Qatar with 58 Projects/13,667 Rooms. Cities in the Middle East with the largest pipelines are: Dubai, UAE with 161 Projects/46,420 Rooms, Provincial, Saudi Arabia with 60 Projects/10,859 Rooms and Riyadh, Saudi Arabia with 58 Projects/10,885 Rooms. The top countries in the Africa Construction Pipeline are: Nigeria with 38 Projects/6,561 Rooms, Ethopia with 30 Projects/5,31...
Owned by Westlakes Lodging and Managed by Gulph Creek Hotels, Fairfield Inn & Suites by Marriott Opens in Berwyn, Pennsylvania
Fairfield Inn & Suites | June 11, 2018
Berwyn, PA – June 12, 2018 – The 124-room Fairfield Inn & Suites by Marriott in Berwyn, Pennsylvania will open today with a new décor that provides guests with a feeling of warmth and calm while traveling. Located at 1005 Westlakes Drive, the Fairfield Inn & Suites Philadelphia Valley Forge/Great Valley will operate as a Marriott franchise, owned by Westlakes Lodging, LP and managed by Gulph Creek Hotels of Wayne, Pennsylvania. General Manager Francis Worley leads the management team at the hotel for Gulph Creek Hotels. Located on Rte. 252 near the intersection of Rte. 202 in the Westlakes Office Park, the Fai...
Marriott, Hilton and AccorHotels Lead Construction Pipeline in the Middle East and Africa
Lodging Econometrics (LE) | June 8, 2018
June 8, 2018 – PORTSMOUTH, NH – According to the recent Hotel Construction Pipeline Trend Reports for Africa and the Middle East, the top hotel company construction pipelines in the Middle East and Africa are: Marriott International with 154 Projects/33,386 Rooms, Hilton Worldwide with 130 Projects/32,725 Rooms, AccorHotels with 103 Projects/25,430 Rooms, Radisson Hotel Group with 44 Projects/11,184 Rooms and InterContinental Hotels Group (IHG) with 31 Projects/7,445 Rooms. The largest brand in the Pipeline for each of the these companies are: Marriott's Courtyard with 23 Projects/5,033 Rooms, Hilton's full-service hotel wit...
Hilton Appoints Vera Manoukian as Global Brand Head of Hilton Hotels & Resorts
Hilton | June 7, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today announced the appointment of Vera Manoukian as Senior Vice President and Global Head, Hilton Hotels & Resorts. Effective June 11, 2018, Manoukian will oversee the brand portfolio for Hilton Hotels & Resorts and will be responsible for promoting, elevating and growing the iconic brand. "We are thrilled to have Vera as the newest member of our brand management leadership team," said Jon Witter, Chief Customer Officer. "She is extremely well-regarded within the hospitality industry, and given her diverse global business experience, I am confident she will be a tremendous asset to Hilton and ou...
The Middle East and Africa Hotel Construction Pipelines Continue to Grow
Lodging Econometrics | June 7, 2018
June 7, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Construction Pipelines for the Middle East and Africa continue to grow resulting in 875 Projects/216,045 Rooms combined, according to LE's recent Trend Report. The Total Middle East Pipeline has 594 Projects/170,490 Rooms and is up 23% by rooms Year-Over-Year (YOY). This is the 16th consecutive quarter of pipeline growth seen by the Middle East. In the Middle East, there are 358 Projects/113,830 Rooms Under Construction, up 13% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 127 Projects/31,752 Roo...
Inuyama, in Japan’s Aichi Prefecture, to Debut Hotel Indigo, Its First Internationally-Branded Hotel
IHG | June 5, 2018
Inuyama, in Japan's Aichi Prefecture, will get its first internationally-branded hotel, with IHG® and Nagoya Railroad (Meitetsu) signing an agreement to open Hotel Indigo Inuyama Urakuen in the second half of 2021. No two Hotel Indigo properties are the same, with each drawing on the story of its local area to inspire every aspect of the hotel to help guests feel part of the destination. That's why Inuyama, with its rich history, castle, museums and teahouses, is the perfect fit for the brand. The 150-room hotel originally opened in 1965 and currently operates as the Meitetsu Inuyama Hotel, the leading hotel in the area. Building on...
IHG Partners With SDB Developers to Expand Presence in Kolkata with Signing of Holiday Inn Resort Kolkata NH6
IHG | June 5, 2018
InterContinental Hotels Group (IHG), one of world's leading hotel companies has announced a partnership with SDB Developers to bring a second Holiday Inn hotel to Kolkata. As part of the agreement, the 110-room Holiday Inn Resort Kolkata NH6 will have 90 rooms operational by the end of 2018, with 20 additional rooms expected to be operational by 2020. The new resort will expand the growing presence of the Holiday Inn brand family in the country. Sprawling across 12 acres of land in Uluberia, a city that comes under the Kolkata Metropolitan Area, Holiday Inn Resort Kolkata NH6 is strategically located to offer excellent connectivity to c...
Germany Leads Europe’s Hotel Construction Pipeline; London Ranks as Top City
Lodging Econometrics (LE) | June 5, 2018
June 5, 2018 – PORTSMOUTH, NH – According to analysts at Lodging Econometrics (LE), the top countries in the Europe Construction Pipeline by project count are: Germany with 246 Projects/47,927 Rooms, United Kingdom with 246 Projects/36,585 Rooms, and France with 121 Projects/13,618 Rooms. Next, all with 80 projects, is Russia with 80 Projects/15,520 Rooms, Poland with 80 Projects/12,468 Rooms, and Portugal with 80 Projects/8,310 Rooms. These three countries are followed closely by Spain with 79 Projects/11,457 Rooms and Turkey with 70 Projects/11,278 Rooms. Cities in Europe with the largest pipelines by room count are...
Marriott International Unveils Transformation Vision for Sheraton Hotels and Resorts
Marriott International, Inc. | June 4, 2018
Marriott International (NASDAQ: MAR) today announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio, and the largest outside of North America in terms of room count. The company, which introduced its new Sheraton guestroom late last year, is showcasing its vision for Sheraton's public spaces at the NYU International Hospitality Industry Investment Conference in New York, bringing to life for owners and investors the company's brand strategy as well as its signature focus on guest experience, hotel operations and design philosophy. "From the moment we closed the Starwood merger in late...
Hilton Honors Its Top Owners and Developers; Awards Presented at NYU International Hospitality Conference
Hilton | June 4, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today recognized its top owners and developers as winners of the 2017 Hilton Owner Awards. In addition to the annual Development Awards announced each year at the NYU conference, Hilton added a "Top Performer" category to celebrate owners achieving excellence in guest experience and business performance. "Our owners are incredible partners and we are deeply appreciative of their many contributions to our nearly 100-year legacy of spreading the light and warmth of hospitality," said Christopher J. Nassetta, president and CEO, Hilton. "Today we are honored to unveil our 2017 Hilton Owner Awards, which cele...
Europe’s Hotel Construction Pipeline Is Healthy and Continues to Rise
Lodging Econometrics | June 4, 2018
June 4, 2018 – PORTSMOUTH, NH According to a recent Hotel Construction Pipeline Trend Report for Europe, analysts at Lodging Econometrics state that the Total Pipeline is climbing steadily with 1,366 Projects/214,792 Rooms, a 29% increase by projects Year-Over-Year (YOY). The pipeline in Europe has nearly doubled since the cyclical low of 687 Projects/116,272, recorded in Q3 of 2010. There are 715 Projects/115,869 Rooms Under Construction, up 36% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 391 Projects/61,928 Rooms, up 35%, while projects in Early Planning are at 260 Projects/36...
Latin America’s Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY
Lodging Econometrics (LE) | May 31, 2018
May 31, 2018 – PORTSMOUTH, NH – According to the recent Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), the Total Construction Pipeline in Latin America has 776 Projects/134,143 Rooms, down 8% by projects Year-Over-Year (YOY). There are 365 Projects/64,004 Rooms Under Construction, down 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 213 Projects/33,536 Rooms, up 28%, while those in Early Planning are at 198 Projects/36,603 Rooms, down 32% YOY. ...
2.5% Growth Rate of New Hotel Openings Expected in 2018 and 2019 in the United States
Lodging Econometrics | May 31, 2018
May 31, 2018 – PORTSMOUTH, NH By the end of 2018, the Census of Open & Operating Hotels in the U.S. is expected to grow by 2.5% with 1,146 Projects/130,877 Rooms opening up according to published reports from Lodging Econometrics (LE). Of those expected to open, 511 Projects/50,105 Rooms will be Upper Midscale, the highest count of any chain scale and 45% of all new openings. In 2019, the Census is expected to grow another 2.5% by opening 1,215 Projects/137,105 Rooms, about 6% more projects than are anticipated to open in 2018. In 2019, New York is again the top market for New Hotel Openings with 47 Projects/7,239 Rooms...
Extended-Stay Hotels Account for 27% of All Projects Under Construction in the United States
Lodging Econometrics | May 31, 2018
May 30, 2018 – PORTSMOUTH, NH According to recent reports from Lodging Econometrics (LE), 1,360 Projects/143,379 Rooms in the U.S. Construction Pipeline are Extended-Stay projects. Of these, 428 Projects/47,340 Rooms are already Under Construction, accounting for 27% of all projects Under Construction in the Total Pipeline. Additionally, 628 Projects/66,846 Rooms are Scheduled to Start Construction in the Next 12 Months while an additional 304 Projects/29,193 Rooms are in Early Planning. Home2 Suites by Hilton currently has the largest Extended-Stay Pipeline with 377 Projects/39,474 Rooms. The second largest brand is Marrio...
DUR Hospitality and IHG Open the 304-Room Crowne Plaza Riyadh Palace
IHG | May 30, 2018
IHG (InterContinental Hotels Group), one of the world's leading hotel companies has today announced the opening of Crowne Plaza Riyadh Palace in partnership with DUR Hospitality. The 304-room hotel adds to the growing portfolio of IHG hotels in the Kingdom of Saudi Arabia. Crowne Plaza Riyadh Palace is strategically located in the Ministries Quarter, a popular business district that is close to major Saudi financial institutions and Government offices. The hotel is conveniently located 15 minutes from King Fahd Stadium and the King Fahd Cultural Centre, and is less than 30 minutes' drive from King Khalid International Airport, making it...
Fairfield Inn & Suites by Marriott Opens in Melbourne, Florida Led by General Manager Kevin Arcieri
Fairfield Inn & Suites | May 30, 2018
Melbourne, Florida – May 30, 2018 – The 116-room Fairfield Inn & Suites by Marriott in Melbourne, Florida is scheduled today Wednesday, May 30, 2018 with a new décor that provides guests with a feeling of warmth and calm while traveling. Located at 2400 Town Center Avenue, the Fairfield Inn & Suites Melbourne/Viera will operate as a Marriott franchise, owned and managed by Sycamore Investment Group of Orlando, Florida. Located in TownCenter Viera next to Avenue Viera, the Fairfield Inn & Suites Melbourne/Viera offers guests convenient access to the USSSA Space Coast Complex, Kennedy Space Center and the Br...
Owned and Managed by Sunridge Hotel Group, New Residence Inn by Marriott Set to Open in Provo, Utah
Residence Inn by Marriott | May 30, 2018
Provo, UT – May 30, 2018 – The 100-suite Residence Inn by Marriott in Provo, Utah is scheduled to open this Monday, June 4, 2018. Located at 1290 South University Avenue, the all-suite Residence Inn Provo South University will operate as a Marriott franchise, owned and managed by Sunridge Hotel Group of Mesa, Arizona. Located two miles from downtown and five miles from the Provo Municipal Airport, the Residence Inn Provo South University offers its guests convenient access to Brigham Young University, Utah Valley University and the Provo Temple. Rates vary depending on length of stay. "We are pleased with the continued growt...
43% of All U.S. Hotel Construction Projects Are Upper Midscale
Lodging Econometrics | May 30, 2018
May 30, 2018 – PORTSMOUTH, NH -- Analysts at Lodging Econometrics (LE) report that together the Upper Midscale and Upscale Pipelines comprise 72% of all projects in the Total Pipeline. The Upper Midscale category, including unbranded projects, has 2,278 Projects/233,150 Rooms and is the largest chain scale in the U.S. Construction Pipeline. The second largest chain scale including unbranded is the Upscale category which has 1,529 Projects/208,334 Rooms. The brands with the largest number of projects in Upper Midscale are: IHG's Holiday Inn Express with 438 Projects/40,657 Rooms and from Hilton, Home2 Suites 377 Projects/39,...
Total Construction Pipeline in Canada Up 11% by Projects YOY
Lodging Econometrics (LE) | May 24, 2018
According to Lodging Econometrics (LE), the total Construction Pipeline in Canada currently has 237 Projects/29,881 Rooms, up 11% by projects Year-Over-Year (YOY). There are 90 Projects/11,811 Rooms Under Construction, up 20% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 93 Projects/10,658 Rooms, up 11%, while those in Early Planning are at 54 Projects/7,412 Rooms, down 2%. The top hotel companies in Canada's Construction Pipeline by projects are: Marriott with 54 Projects/7,718 Rooms, InterContinental Hotels Group (IHG) with 44 Projects/4,528 Rooms, and Hilton with 38 Projects/4,319 Rooms. The l...
Radisson Hotel Group Appoints Ramzy Fenianos as Chief Development Officer, Asia Pacific
Radisson Hotel Group | May 24, 2018
Radisson Hotel Group has appointed Ramzy Fenianos as Chief Development Officer, Asia Pacific. Joining on 11th June 2018, Ramzy will be based at the company's Asia Pacific headquarters in Singapore. He will also be a member of the Asia Pacific executive committee. In this key role, he will oversee all aspects of the group's regional development activities, including leading the Asia Pacific development team in identifying new opportunities to drive growth and strategic expansion of our hotel portfolio. "In line with Destination 2022, our company's new strategic and operating plan, we have ambitious goals for the expansion of our Asia Pac...
Ryman Hospitality Properties Reveals Plans for $150 Million Expansion of Gaylord Palms Resort & Convention Center
Ryman Hospitality Properties, Inc. | May 24, 2018
NASHVILLE, Tenn., May 24, 2018 -- Ryman Hospitality Properties, Inc. (NYSE:RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today announced plans for a $150 million expansion of Gaylord Palms Resort & Convention Center in Kissimmee, Fla. The planned expansion will add 303 guest rooms to the resort's current 1,416 room inventory and 90,000 square feet of carpeted meeting and pre-function space. Once complete, the planned expansion will bring the total convention, meeting and pre-function space at Gaylord Palms to approximately 490,000...
