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
North America, Asia Pacific and EMEA Lead World Regions in Global Hotel Construction Pipeline
Lodging Econometrics | December 12, 2017
December 12, 2017 – PORTSMOUTH, NH – Lodging Econometrics (LE) recently released the Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world. Currently, the top world regions by project count are North America with 5,239 Projects/639,712 Rooms, Asia Pacific with 4,233 Projects/903,415 Rooms and EMEA with 2,100 Projects/395,506 Rooms. The top countries by project-count are the United States with 5,011 Projects/608,837 Rooms and China with 2,435 Projects/538,836 Rooms. The U.S. accounts for 40% of the projects in the Global Pipeline while China accounts for ...
Aramark Completes Purchase of Avendra for $1,350 Million
Marriott | December 12, 2017
Marriott International (NASDAQ: MAR) today announced that the owners of Avendra, LLC have completed the sale of Avendra to Aramark (NYSE: ARMK) for $1,350 million. After redemption of management participation rights, transaction costs, and repayment of Avendra's outstanding debt, Avendra's founding shareholders – Marriott, Hyatt, Accor, ClubCorp and IHG – received $1,201 million in cash proceeds from the transaction. Marriott received $659 million for its 55 percent interest in Avendra. In addition, in conjunction with the sale of Avendra, Marriott has entered into a 5-year procurement service agreement with Aramark on behal...
HK CTS Hotels and Kew Green Hotels Partner with IHG to Manage Hotels in Mainland China
HK CTS Hotels | December 11, 2017
BEIJING, Dec. 11, 2017 -- On 27th November 2017, HK CTS Hotels Co., Ltd. and Kew Green Hotels signed a strategic partnership with IHG to manage hotels in mainland China. This deal will see Kew Green Hotels manage the existing 466 bedroom Crowne Plaza Beijing Lido from early 2018 and convert the 433 bedroom Metropark Beijing Lido into a Holiday Inn during 2018. The signing of this strategic partnership will enable Kew Green Hotels and HKCTS to work with other owners in mainland China seeking to franchise brands from IHG. Stephen Woodhouse Operations Director commented: "This is a hugely exciting opportunity for us in growing our por...
Global Hotel Construction Pipeline Up 8% YOY with 12,427 Projects
Lodging Econometrics | December 8, 2017
December 8, 2017 – PORTSMOUTH, NH – Lodging Econometrics' (LE) Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world, states that the Total Pipeline stands at 12,427 Projects/2,084,940 Rooms, up 8% by projects Year-Over-Year (YOY). There are 5,885 Projects/1,086,966 Rooms Under Construction, up 9% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 3,723 Projects/538,061 Rooms, are up 6% while projects in Early Planning at 2,819 Projects/459,913 Rooms are up 8% YOY. The leading franchise companies in the Global Constru...
Shanghai Leads China’s Construction Pipeline Followed by Guangzhou, Chengdu and Beijing
Lodging Econometrics | December 7, 2017
December 7, 2017 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that according to the recent China Construction Pipeline that the Total Pipeline has 2,435 Projects/538,836 Rooms, up 5% Year-Over-Year (YOY). There are 1,732 Projects/364,809 Rooms Under Construction, up 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 308 Projects/69,972 Rooms, up by one project YOY, while projects in Early Planning at 395 Projects/104,055 Rooms are up by 9%. The top hotel companies in China's Construction Pipeline are: Hilton Worldwide with 292 Projects/72,382 Rooms, Marriott Internati...
IHG Celebrates Groundbreaking of New Brand, avidâ„¢ hotels, in Oklahoma City
December 6, 2017
IHG® (InterContinental Hotels Group) celebrates today the first groundbreaking of its new midscale brand, avid™ hotels, in Oklahoma City. The groundbreaking comes only two months after the brand was launched, well ahead of initial projected timing. Since launching avid hotels, developer interest and demand continues to be strong, with more than 100 franchise applications received, including 34 which have already been converted to signed deals for avid hotels locations across the U.S. Additionally, avid hotels is now franchise ready in Canada, further demonstrating the brand's rapid start and growth potential.

Projected to...
Asia Pacific Construction Pipeline Excluding China Up 15% by Projects YOY
Lodging Econometrics | December 6, 2017
December 6, 2017 – PORTSMOUTH, NH
 The most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the Total Pipeline has 1,798 Projects/364,579 Rooms, up 15% by projects Year-Over-Year (YOY) according to analysts at Lodging Econometrics (LE).

 There are 966 Projects/207,100 Rooms Under Construction, up 11% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 380 Projects/76,977 Rooms, up 15%, while projects in Early Planning at 452 Projects/80,502 Rooms, up 25% YOY.

 The top three countries in the Asia Pacific Construction Pipeline, excluding China, are: ...
Parks Hospitality to Develop Waldorf Astoria Cancun and Hilton Cancun in Mexico
Waldorf Astoria Hotels & Resorts | December 6, 2017
CANCUN, Mexico and MCLEAN, Va. – December 6, 2017 – Hilton (NYSE: HLT) today announces plans to welcome the luxury Waldorf Astoria Cancun and the all-inclusive Hilton Cancun resort to the global hospitality company's growing portfolio in Mexico. Developed by Parks Hospitality and set to open in 2021, the neighboring properties will feature distinct characteristics and amenities across 100 acres of Caribbean beachfront. "With more than half of our Latin America portfolio present in Mexico, we are proud to announce the plans for Waldorf Astoria Cancun and Hilton Cancun as we continue to introduce distinguished properties in th...
Conrad Hotels & Resorts Opens Conrad Cartagena Marking Brand First in Colombia
Conrad Hotels & Resorts | December 5, 2017
CARTAGENA, Colombia (December 2017) — Conrad Hotels & Resorts, Hilton's (NYSE: HLT) smart luxury hotel brand, today announces the opening of Conrad Cartagena, the brand's first hotel in Colombia and third in Latin America. The oceanfront oasis on the north side of the iconic Walled City welcomes guests to the shores of the Caribbean Sea. "With Cartagena being the second-most popular destination in the country, we are proud to announce the opening of Conrad Cartagena as the newest addition to our luxury portfolio in the region," said Tom Potter, senior vice president, operations, Latin America and the Caribbean, Hilton. "We rec...
Owned and Managed by OTO Development, Home2 Suites by Hilton Mt. Pleasant Charleston Opens in South Carolina
Home2 Suites by Hilton | December 5, 2017
December 5, 2017 MT. PLEASANT, S.C. and MCLEAN, Va. - Home2 Suites by Hilton, part of Hilton's (NYSE: HLT) All Suites portfolio, announced today the opening of Home2 Suites by Hilton Mt. Pleasant Charleston. This newest property brings the brand one step closer to its 200th property milestone. Designed for travelers who want to maintain their normal routine, the pet-friendly hotel features 122 suites and a range of value, tech-focused and eco-conscious amenities. Home2 Suites by Hilton Mt. Pleasant Charleston caters to the five million visitors who travel to the greater Charleston area every year.* "In the same way Mt. Pleasant...
Middle East Construction Pipeline Shows Growth with Projects Up 12% YOY
Lodging Econometrics | December 5, 2017
December 5, 2017 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Construction Pipeline Trend Report for the Middle East states that the Total Pipeline has 572 Projects/156,420 Rooms, up 12% by projects Year-Over-Year (YOY). There are 349 Projects/100,485 Rooms Under Construction, up 17% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 113 Projects/30,841 Rooms, up 5%, while projects in Early Planning at 110 Projects/25,094 Rooms are up 3%. The top hotel companies in the Middle East's Construction Pipeline are: Marriott International 95 Projects/22,767 Rooms, Hilton ...
Chesapeake Lodging Trust Opens Hilton Denver City Center Following $27 Million Multi-Phased Renovation and Rebranding
Hilton Hotels & Resorts | December 5, 2017
December 5, 2017 DENVER - Denver community leaders gathered today to celebrate the opening of Hilton's (NYSE: HLT) newest hotel, Hilton Denver City Center, a modern, upscale retreat in the heart of the city. The ribbon cutting ceremony introduced the 613-room hotel, which towers 20-stories high and features newly renovated public spaces, guest rooms and dining venues following the completion of a $27 million multi-phased renovation. The ribbon cutting ceremony was attended by CEO of Visit Denver, Richard Scharf, and Councilman Albus Brooks as well as Tim Benolken, Hilton's senior vice president of operations for North America. â...
Hotel Development Partners Breaks Ground for Courtyard in North Atlanta, Hotel Equities to Manage
Hotel Development Partners, LLC | December 5, 2017
ATLANTA (December 5, 2017) – Hotel Development Partners (HDP) recently held a groundbreaking ceremony for the Courtyard by Marriott Alpharetta, Georgia, located across the street from Avalon, a high-end shopping mall in the heart of a booming, mixed-use development north of Atlanta. Hotel Equities will manage the 115-room Courtyard by Marriott. Alex Brown Realty, Inc. serves as a joint venture partner with HDP in developing the hotel that is expected to open in late 2018. "We are pleased to bring a unique, custom-designed Courtyard by Marriott to the Avalon development and this affluent area of North Atlanta," said Allen O'Brien, ...
Dual-Branded Homewood Suites and Hampton Inn Long Beach Airport Opens in California with General Manager R.J. Escobedo in the Pilot’s Seat
Hampton by Hilton | December 4, 2017
December 4, 2017 LONG BEACH, Calif. and MCLEAN, Va. - Hilton (NYSE: HLT) today announced the opening of its newest hotel, the dual-branded Hampton Inn by Hilton Long Beach Airport and Homewood Suites by Hilton Long Beach Airport bringing a total of 241 new rooms to the beautiful Long Beach area. The dual-brand hotel enters a market that saw its strongest year since 2008 as the city reported an estimated $300 million economic impact by overnight visitors in the last recorded year*. "Southern California has presented a prime opportunity for expansion, coming on the heels of a record-breaking year for Long Beach tourism in 2016*,"...
SSN Hotels Opens 111-Suite Residence Inn by Marriott in Collegeville, Pennsylvania
Residence Inn by Marriott | December 4, 2017
Collegeville, PA – December 4, 2017 – The 111-suite Residence Inn by Marriott in Collegeville, Pennsylvania is scheduled to open this Monday, December 4, 2017. Located at 500 Campus Drive, the all-suite Residence Inn Philadelphia Valley Forge/Collegeville will operate as a Marriott franchise, owned and managed by SSN Hotels of Wilmington, Delaware. Located inside the Providence Corporate Center and 35 miles from Philadelphia International Airport, the Residence Inn Philadelphia Valley Forge/Collegeville offers its guests convenient access to Valley Forge National Historical Park, King of Prussia Mall, Philadelphia Premium Ou...
IHG Partners with Ghelambo for 430-Room Dual-Branded Crowne Plaza and Holiday Inn Express Warsaw Hub, an IHG-First in Poland
IHG | December 4, 2017
Crowne Plaza Warsaw Hub will be built alongside Holiday Inn Express Warsaw Hub, IHG's first dual-branded hotel complex in Poland 430-room dual hotel will be IHG's largest in the market As business and leisure travel to Eastern Europe continues to surge, IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, is pleased to announce its 10th signing in the region in 2017, with partners Ghelamco. Crowne Plaza Warsaw Hub will be the first Crowne Plaza in Poland and will be built alongside Holiday Inn Express Warsaw hub, becoming IHG's first dual-branded complex in the market. The 430-room complex will be IHG's ...
Europe’s Hotel Construction Pipeline Up 22% Led by AccorHotels
Lodging Econometrics | December 4, 2017
December 4, 2017 – PORTSMOUTH, NH – A recent Hotel Construction Pipeline Trend Report for Europe states that the Total Pipeline has 1,228 Projects/189,490 Rooms, up 22% by projects Year-Over-Year (YOY) according to Lodging Econometrics (LE). There are 586 Projects/95,775 Rooms Under Construction, up 17% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 388 Projects/58,008 Rooms, up 51%, while projects in Early Planning at 254 Projects/35,707 Rooms are up by 2%. The top countries in the Europe Construction Pipeline are: United Kingdom with 228 Projects/34,614 Rooms, Germany with 185 Projec...
Embassy Suites Dallas DFW Airport North Completes Phase One of its Multi-Million-Dollar Renovation
Atrium Hospitality | December 4, 2017
Grapevine, Tex. – December 4, 2017 – Guests of the Embassy Suites by Hilton Dallas DFW Airport North will now be able to experience a new sleek and modern feel during their stay. The 329-suite hotel in Grapevine, Texas, just two miles from Dallas Fort Worth International Airport, has completed the first phase of its multi-million-dollar property renovation. Enhancements have been made to the following areas: Lobby: Guests will be greeted to an all new design including contemporary décor and lighting. Atrium: The contemporary look and feel continues as guests relax in the new and inviting 12-story atrium Meeting Sp...
Latin America’s Construction Pipeline is Stalling, Down 4% by Projects YOY
Lodging Econometrics | December 4, 2017
December 4, 2017 – PORTSMOUTH, NH – The Total Construction Pipeline in Latin America has 855 Projects/146,307 Rooms, down 4% by projects Year-Over-Year (YOY). There are 413 Projects/72,070 Rooms Under Construction, up 1% by projects YOY. Rooms Scheduled to Start Construction in the Next 12 Months are at 192 Projects/31,896 Rooms, up 5%, while those in Early Planning are at 250 Projects/42,341 Rooms, down 17% YOY. The top hotel companies in Latin America's Construction Pipeline by projects are: AccorHotels with 142 Projects/20,785 Rooms, Marriott International with 92 Projects/15,080 Rooms and Hilton Worldwide with 69 Project...
IHG in Partnership with JEJUair Plan 2018 Opening of 300-Room Holiday Inn Express Hotel in Seoul, South Korea
IHG | November 30, 2017
InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has announced it will open a new 300-room Holiday Inn Express hotel in Seoul, South Korea in 2018. The new-build Holiday Inn Express Seoul Hongdae, in partnership with the hotel's major investor JEJUair, will be part of Hongdae's largest mixed-use development, featuring a retail mall, extensive dining options and an office tower. Situated at the main junction of Hongdae just a short drive or subway ride from the Yeouido Business District and Gangnam Business District, the hotel will sit atop both the Hongdae subway station and the Airport Express rail ...
Owned and Managed by Stonebridge Companies, Residence Inn by Marriott Set to Open in Downtown Seattle
Residence Inn by Marriott | November 29, 2017
SEATTLE – November 29, 2017 – The 302-suite Residence Inn by Marriott in downtown Seattle is scheduled to open this Friday, December 1, 2017. Located at 1815 Terry Avenue, the all-suite Residence Inn Seattle Downtown/Convention Center will operate as a Marriott franchise, owned and managed by Stonebridge Companies of Centennial, Colorado. Located in the heart of downtown and 14 miles from Seattle-Tacoma International Airport, the Residence Inn Seattle Downtown/Convention Center offers its guests convenient access to the Space Needle, Pike Place Market and the Washington State Convention Center. Rates vary depending on length...
Michael Lamey Named Director of F&B at Fort Lauderdale Marriott Harbor Beach Resort & Spa
Fort Lauderdale Marriott Harbor Beach Resort & Spa | November 29, 2017
FORT LAUDERDALE, FLA. (NOVEMBER 29, 2017) – Fort Lauderdale Marriott Harbor Beach Resort & Spa announces the appointment of Michael Lamey as director of food and beverage. With more than 10 years of culinary experience, Lamey will be responsible for overseeing the food and beverage operations of the 650-room iconic hotel. The property features four dining options including 3030 Ocean, a seafood restaurant that utilizes fresh, local ingredients; Sea Level, a beachfront eatery overlooking the Atlantic Ocean; Riva, offering a full-service menu for guests of all tastes with al fresco or indoor dining options; Barefoot Dining, prov...
MCR Acquires Allentown, Pennsylvania’s 111-Room Hilton Garden Inn for $15 Million
MCR | November 28, 2017
NEW YORK--MCR, the seventh largest hotel owner-operator in the United States, today announced that it has acquired the 111-room Hilton Garden Inn Allentown West located in Allentown, PA, for $15.0 million. The property is located at the intersection of I-78 and PA Route 100, which is the center of the Lehigh Valley's manufacturing and logistics industry. "We are very pleased to make this investment in the Lehigh Valley, a region MCR has successfully invested in previously," said Tyler Morse, Chief Executive Officer and Managing Partner of MCR. "Given the array of demand generators supported by the area's strong business climate and cont...
Homewood Suites by Hilton Silao Airport Opens in Key Industrial Center in Central Mexico
Homewood Suites by Hilton | November 28, 2017
SILAO, Mexico and MCLEAN, Va. - Homewood Suites by Hilton, part of Hilton's(NYSE: HLT) All Suites portfolio, announced today its newest property, Homewood Suites by Hilton Silao Airport. As part of the brand's expansion in Latin America, the hotel represents a landmark opening as the 55th Hilton hotel in the country and the first new build hotel featuring Homewood Suites' region-specific prototype design that preserves the signature differentiators of an extended stay hotel, combined with new amenities addressing local market demand. Offering 139 suites, Homewood Suites by Hilton Silao Airport is ideal for leisure or busines...
