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
2.5% Growth Rate of New Hotel Openings Expected in 2018 & 2019
Lodging Econometrics | February 1, 2018
February 1, 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 1,145 Projects/130,209 Rooms opening up according to published reports from Lodging Econometrics (LE). Of those expected to open, 514 Projects/50,165 Rooms will be Upper Midscale, the highest count of any chain scale and 45% of all new openings. 556 Projects/59,309 Rooms, almost 50% of new openings, will be suburban locations although the U.S. market with the most anticipated openings is New York with 57 projects/9,534 Rooms. In 2019, the Census is expected to grow another 2.5% by ope...
Upper Midscale and Upscale Projects Lead the U.S. Construction Pipeline Comprising 67% of Total Pipeline
Lodging Econometrics | January 31, 2018
January 31, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Upper Midscale category stands at 2,129 Projects/211,724 Rooms, and has the largest project count of all chain scales in the Total U.S. Construction Pipeline. The second largest is the Upscale category which has 1,339 Projects/172,723 Rooms. Together, the Upper Midscale and Upscale Pipelines comprise 67% of all projects in the Total Pipeline. The brands with the largest number of projects in Upper Midscale are: IHG's Holiday Inn Express with 444 Projects/41,343 Rooms; Hilton's Home2 Suites 355 Projects/37,188 Rooms and Hampton Inn &...
PNK Group & Hyatt to Bring New Build Unbound Collection by Hyatt to Hollywood, California
The Unbound Collection by Hyatt | January 31, 2018
CHICAGO (January 31, 2018) – Hyatt Hotels Corporation (NYSE: H) today announced the development of a new hotel in Hollywood, Calif., for The Unbound Collection by Hyatt brand, slated to open in 2019. A Hyatt affiliate has entered into a franchise agreement with PNK Group, a subsidiary of S3D Partner, to build a new 64-room boutique lifestyle hotel, which will be located at 1525 N. Cahuenga Blvd. Located near the iconic Hollywood Palladium theater, famed Sunset Boulevard and star-lined Hollywood Walk of Fame, the new hotel will reflect the avant-garde attitude of Hollywood. The hotel will be managed by Interstate Hotels & Resor...
The University of Rhode Island Issues Request for Qualifications and Expressions of Interest for Real Estate Development on the URI Kingston Campus un
University of Rhode Island | January 29, 2018
The University of Rhode Island has fee title to a 4.2 acre site located at 85 - 95 Upper College Road, Kingston, RI and is seeking a qualified commercial real estate developer or development team to develop and operate a new 100 guest room hotel, with some extended stay rooms, and a new mixed-use retail/office/apartment building on the Site, across from the core historic campus quadrangle, a National Historic Landmark. This is a unique property with access to a University population over 20,000. Additionally, the subject site is proximate to various other regional demand generators, such as the area beaches in Narragansett and Newport. ...
Marriott, Hilton and IHG Lead U.S. Construction Pipeline Comprising 69% of Total Pipeline
Lodging Econometrics | January 29, 2018
January 29, 2018 – PORTSMOUTH, NH – According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are; Marriott with 1,410 Projects/180,647 Rooms, Hilton with 1,287 Projects/144,958 Rooms and IHG with 831 Projects/84,865 Rooms. These 3 franchise companies comprise 69% of all projects in the Total Pipeline. The largest brands for each of these companies are: Marriott's Fairfield Inn with 303 Projects/29,051 Rooms and TownePlace Suites with 208 Projects/21,299 Rooms; Hilton's Home2 Suites with 355 Projects/37,188 Rooms an...
Marriott Boasts Largest Franchise in U.S. Construction Pipeline with 1,410 Projects Total
Lodging Econometrics | January 25, 2018
January 25, 2018 – PORTSMOUTH, NH – Marriott International currently has the largest construction pipeline of any franchise company in the U.S. with 1,410 Projects/180,647 Rooms. Their largest brands in the Total Pipeline are: Fairfield Inn with 303 Projects/29,051 Rooms, Residence Inn with 199 Projects/24,680 Rooms and TownePlace Suites with 208 Projects/21,299 Rooms. Marriott has the most rooms currently Under Construction with 502 Projects/68,119 Rooms, which represents more than 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Construction in the Next 12 Months with ...
The Year-End U.S. Hotel Construction Pipeline Continues Its Upward Growth Trend, Projects Up 4% YOY
Lodging Econometrics | January 24, 2018
January 24, 2018 – PORTSMOUTH, NH – According to the year-end U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stands at 5,151 Projects/623,695 Rooms, up 4% by projects Year-Over-Year (YOY). There are 1,544 Projects/200,632 Rooms Under Construction, up 2% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 2,101 Projects/245,214 Rooms are down 12% by projects YOY. Projects in Early Planning are at 1,506 Projects/177,849 Rooms, up 44% by projects YOY. The rapid growth of new brands announced by major franchise companies in 2017 contributed to the increase in ...
Hilton Appoints Navjit Ahluwalia and Jatin Khanna to Key Leadership Positions in India
Hilton | January 22, 2018
GURGAON, India and MCLEAN, Va. - Hilton (NYSE: HLT) today announced the appointments of Navjit Ahluwalia as Senior Vice President and Country Head, India, and Jatin Khanna as Vice President and Head of Operations, India. Effective immediately, Ahluwalia will oversee Hilton's 33 hotels trading and under development, including the recently opened Conrad Bengaluru, while leading the company's growth strategy in the country. Khanna, who assumes his position next month, takes over operations from Andre Gomez, who will be moving to a new role elsewhere in the company. "India is swiftly becoming one of the fastest growing travel a...
The Provenance Chain: Uncovering the Connection Between Provenance and Sustainable Growth
IHG | January 22, 2018
2018 IHG Trends Report demonstrates the competitive advantage derived from a powerful and authentic provenance which resonates with consumers Provenance is the foundation for enduring brand success and has become more important than ever for organisations wanting to succeed in today's complex consumer environment. That is the finding of the 2018 Trends Report published today by IHG® (InterContinental Hotels Group) at the World Economic Forum in Davos. In the sixth edition of this annual report series, IHG reveals The Provenance Chain; five interconnected stages which provide a demonstrable link between provenance and sustainable gro...
All Suites Brands by Hilton Recognize Top Hotels and Team Members at First-Ever Tri-Brand Conference
Embassy Suites by Hilton | January 17, 2018
Attendees Participated in Clean the World's Largest Hygiene Kit Building Event To-Date NEW ORLEANS and MCLEAN, Va. - The three award-winning brands that are part of the All Suites portfolio by Hilton (NYSE: HLT) - Embassy Suites by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton - recognized top hotels and team members as best-in-class performers during the recent All Suites hotel leadership conference held in New Orleans. This marked a significant milestone for the All Suites brands by Hilton, as it was their first joint conference since the creation of the category in 2015. Additionally, as the first in the hotel industry...
Owned by Prestige Group, New Conrad Bengaluru Opens in India
Conrad Hotels & Resorts | January 16, 2018
BENGALURU, India – (January 16, 2018) – Conrad Hotels & Resorts today celebrates further expansion in India with the opening of Conrad Bengaluru. Soaring 24 stories above Bengaluru's Central Business District, the new luxurious hotel, which is owned by Prestige Group and managed by Hilton (NYSE: HLT), is superbly located in the city providing excellent accessibility to prime business, technology, art and entertainment districts. "The impressive Conrad Bengaluru is an outstanding addition to our luxury portfolio in Asia Pacific and we are delighted to be partnering with the Prestige Group on this exciting project. The tim...
Fairfield Inn & Suites Grand Mound Centralia Opens in Rochester, Washington with General Manager Curtis Crimmins at the Helm
Fairfield Inn & Suites | January 15, 2018
Rochester, WA – January 16, 2018 – The 88-room Fairfield Inn & Suites by Marriott in Rochester, Washington opened today with its unique design and décor that incorporate the Native American culture and reflect the heritage of the ownership. Located at 6223 197th Way SW, the Fairfield Inn & Suites Grand Mound Centralia will operate as a Marriott franchise, owned by Chehalis Tribal Enterprises and managed by InnSight Hotel Management Group. Whether traveling for business or pleasure, the Fairfield Inn & Suites Grand Mound Centralia offers guests convenient access to the Lucky Eagle Casino, the Great Wolf Lod...
Plaza Hospitality Selects Hotel Equities to Manage Holiday Inn Express & Suites in Trinity, Florida
Hotel Equities | January 15, 2018
ATLANTA–January 15, 2018–Atlanta-based Hotel Equities recently announced its selection as the management firm for the Holiday Inn Express & Suites in Trinity, Florida. Owned by Plaza Hospitality, LLC, the property continues to be a first choice for travelers in the Trinity, Florida market with some of the highest guest satisfaction scores and a top ranking among nearly 300 hotels in the Tampa St. Petersburg Clearwater area. Located in the North Tampa Bay community of Trinity, the lakefront, resort-style hotel stands conveniently among shopping and restaurants and within minutes of beaches and the wide variety of attracti...
Owned by Dreamcatcher and Managed by Sun Capital Hotels, Fairfield Inn & Suites by Marriott Now Open in Albuquerque, New Mexico
Fairfield Inn & Suites | January 15, 2018
Albuquerque, NM – January 16, 2018 – The 89-room Fairfield Inn & Suites by Marriott in Albuquerque, New Mexico opened in December with its smart, inventive public space and guest room design, and its bright and inviting décor. Located at 4875 Pan American West Freeway NE, the Fairfield Inn & Suites Albuquerque North will operate as a Marriott franchise, owned by Dreamcatcher and managed by Sun Capital Hotels. Located 10 miles from Albuquerque International Sunport and five minutes from downtown, the Fairfield Inn & Suites Albuquerque North offers guests convenient access to businesses located in the Albuqu...
The Hotel Group Expands Portfolio with Addition of Home2 Suites by Hilton – Yakima Airport, Washington
The Hotel Group | January 11, 2018
Seattle, WA, January 11, 2018 — The Hotel Group, a leading national hotel management and investment company, announced today the addition of the four-story Home2 Suites by Hilton Yakima - Airport, Washington to its growing portfolio. The property broke ground in late 2017 and is scheduled to open Spring 2019. The hotel is being designed to comfortably host families and sports teams, along with business and leisure travelers. The property is being developed by Yakima based Hogback Development and will feature 107 studios with one-bedroom suites and kitchenettes. The Home2 Suites by Hilton Yakima Airport is designed to appeal to "sa...
Paramount Lodging Advisors West Coast Office Sells California Courtyard by Marriott Land
Paramount Lodging Advisors | January 10, 2018
Paramount Lodging Advisors (PLA) has successfully executed the sale of a land parcel with approvals for a 122-room Courtyard by Marriott development located in Petaluma, California. Senior Managing Director Scott Griemsmann represented the seller in this transaction. The hotel itself will be part of the 35-acre "Riverfront" mixed use development. It is currently planned to include office, residential, retail, and 7.5 acres of open space. "We are very pleased with the results for this transaction. This is a great project in a high barrier to entry market that has easy access to Napa/Sonoma wine country and the San Francisco Bay Area. Thi...
Owned by Starwood Capital and Managed by Aimbridge Hospitality, Courtyard by Marriott Opens in Woodbury, Minnesota
Courtyard by Marriott | January 10, 2018
Woodbury, MN – January 11, 2018 – Courtyard by Marriott St. Paul/Woodbury is scheduled to open its doors in Woodbury, Minnesota today, January 11, 2018. Featuring an innovative lobby space as well as Courtyard's latest contemporary room design, the new hotel provides flexibility and choices that allow guests to optimize and elevate their travel experience. Located at 185 Radio Drive, the 120-room hotel will operate as a Marriott franchise, owned by Starwood Capital and managed by Aimbridge Hospitality of Plano, Texas. Whether traveling for business or pleasure, the Courtyard St. Paul/Woodbury offers guests convenient access ...
Hotel Equities to Operate Fairfield Inn & Suites Tulsa SE, Oklahoma
Hotel Equities | December 21, 2017
ATLANTA–December 21, 2017–Atlanta-based Hotel Equities recently announced its selection as the management firm for the Fairfield Inn & Suites by Marriott Tulsa SE/Crossroads Village in Tulsa, Oklahoma. Robert Patel and Sonny Patel serve as owners of the hotel. The 99-room hotel is conveniently located two miles south of Woodland Hills Mall and close to upscale shopping and dining. Local businesses in the adjacent area include Kimberly Clark, Hillcrest Hospital South, St. Francis Hospital South, Cancer Treatment Centers of America, Rhema Bible College and more. "We are excited to expand our portfolio in the Oklahoma marke...
NOVUM Hospitality Acquires Conference Hotel in Frankfurt-Niederrad to Become Crowne Plaza Frankfurt Congress Hotel
NOVUM Hospitality | December 20, 2017
NOVUM Hospitality has concluded its latest mega-deal, acquiring a conference hotel in Frankfurt-Niederrad at the start of 2018. Following a short refresh, which will take place during normal operations, the 4-star conference hotel with 396 rooms and 14 event spaces will, on the basis of a franchise agreement with IHG® (InterContinental Hotels Group), in future be run as Crowne Plaza Frankfurt Congress Hotel. "On the basis of our productive and well-established partnership with IHG®, we are looking forward to running this 'big box' hotel, which is in a strategic location between Frankfurt airport and the city centre,...
Conrad Fort Lauderdale Beach Celebrates Grand Opening with Ribbon Cutting Ceremony in Florida
Conrad Fort Lauderdale Beach | December 19, 2017
FORT LAUDERDALE, Fla. (Dec. 19, 2017) — Signifying a resurgence of luxury tourism in Fort Lauderdale, Conrad Fort Lauderdale Beach officially debuted today with a grand opening ribbon cutting ceremony followed by an inspiring twist on a champagne cheers, celebratory soiree with cocktails and gourmet bites crafted by Executive Chef Jorge Ramos. Guests in attendance included Chintan Dadhich, General Manager; Joe Berger, Executive Vice President & President, Americas for Hilton; John Vanderslice, Global Head of Luxury & Lifestyle Brands for Hilton; Pierre Heafey, Founder, Chairman and President of Heafey Group; Jose Luis Zapa...
Hilton Appoints Kellyn Smith Kenny as Chief Marketing Officer
Hilton | December 14, 2017
MCLEAN, Va. - Hilton (NYSE: HLT) today announced the appointment of Kellyn Smith Kenny as Senior Vice President and Chief Marketing Officer. Effective January 29, 2018, Kenny will oversee the enterprise marketing strategy for the world's most recognizable hospitality company and its portfolio of 14 industry-leading brands. She will also lead a high-performing team delivering creative marketing programs focusing on building meaningful relationships with guests. "The iconic Hilton brand is already recognized globally as the gold standard for hospitality," said Jon Witter, Chief Customer Officer. "With Kellyn as our new ...
Hotel Equities Promotes Drew Salapka to Senior Vice President of Revenue Generation
Hotel Equities | December 14, 2017
ATLANTA (December 14, 2017) –Atlanta-based Hotel Equities (HE) recently promoted Drew Salapka to the position of Senior Vice President of Revenue Generation. His responsibilities include leading the revenue generation division for the organization which sets top line strategy and manages the total inventory for the firm's portfolio of hotels. Mr. Salapka's team analyzes the demand for all markets, evaluates market strengths and weaknesses and reports key statistics that impact the hospitality industry and individual hotels. The team also manages sales processes and directs the ongoing training of all key sales and revenue staff me...
IHG Signs with Cornerstone Partners Group for Kimpton Taipei Marking Brand First in Taiwan
December 13, 2017
SAN FRANCISCO, CA, U.S.A. (December 13, 2017) - IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has announced the signing of the Kimpton Taipei with Malaysia's Cornerstone Partners Group. Scheduled to open next year, this will be the first Kimpton hotel in Taiwan. Nestled in central Taipei, the 14-story property features 129 guest rooms and suites, and a 12th-floor rooftop deck. The design will reflect the hustle and bustle of the city, with a seamless integration of urban features and soft greenery. In addition, the hotel's restaurants and bars will be designed exclusively by Hong Kong-based JIA Gr...
Paramount Lodging Advisors Breaks Ground On New Chicago Office
Paramount Lodging Advisors | December 13, 2017
CHICAGO, IL – Paramount Lodging Advisors (PLA), with the support of Midland States Bank is constructing its new company headquarters in the Old Town area of Chicago. PLA has partnered with Irpino Construction as the General Contractor to build the office. The building is projected to be complete by July of 2018. The new headquarters will be a sleek, three-story building equipped with a wide variety of innovative technology and accommodations. It will also tailor specifically to the needs of the PLA's Hotel Real Estate Advisory Practice - with unique gathering spaces and private offices. The third floor, uniquely will offer a stunn...
