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 SAMHI to Expand Holiday Inn Express Portfolio in India
IHG | November 27, 2017
Bangalore, India, 27 November 2017: IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has partnered with SAMHI to rebrand approximately 2000 rooms (operating and under construction) within its India hotel portfolio, to Holiday Inn Express® hotels. The recently signed portfolio comprises 14 hotels, including ten open hotels across key cities such as Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, and Mumbai. The additional four hotels are under construction. The signing sees IHG grow its pipeline by 41 hotels, positioning IHG as one of the largest players in India's growing midscale h...
IHG ANA Hotels Group Japan, a Joint Venture, Enters Agreement to Launch New Hotel Indigo® Hakone Gora in Japan
IHG | November 22, 2017
As the number of visitors to Japan continues to grow, there is a segment of travellers who are looking for something different – a property to satisfy their senses of curiosity and creativity that delivers a memorable experience of a destination. Looking to meet this need, IHGA Hotels Group Japan, the joint venture between InterContinental Hotels Group (IHG®) and ANA, signed an agreement with GHS K.K. and Daiwa House Industry Co., Ltd. to launch IHG's popular boutique brand Hotel Indigo® in Japan. The first property Hotel Indigo® Hakone Gora is scheduled to open in 2019, and will be a place where guests and locals alik...
Developed and Owned by Button Block Holdings, LLC and Managed by Kinseth Hospitality Companies, Homewood Suites by Hilton Milwaukee Downtown Opens
Homewood Suites by Hilton | November 22, 2017
November 22, 2017 MILWAUKEE, Wis. 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 Milwaukee Downtown. Designed for guests who want to travel on their own terms, Homewood Suites by Hilton Milwaukee Downtown offers guests all the comforts of home, whether they are traveling for work or enjoying a well-earned getaway. With 94 new suites, the hotel complements the continued growth of travelers to Milwaukee County, which is the largest tourism economy in the state.* "With over 22.5 million visitors a year** frequenting the W...
Al Badr For Investments and Commercial Spaces Company Signs for First Crowne Plaza Hotel in Cairo
IHG | November 21, 2017
IHG (InterContinental Hotels Group), one of the world's leading hotel companies, has announced the signing of Crowne Plaza Cairo Sheikh Zayed City in partnership with Al Badr For Investments and Commercial Spaces Company. The new development aligns with IHG's strategy to grow the Crowne Plaza brand across Middle East and North Africa (MENA), by further strengthening its presence in top-tier business epicentres and primary markets in the region. IHG currently has 2,169 rooms in Cairo under the InterContinental Hotels and Resorts, Holiday Inn and Staybridge Suites brands. Scheduled to open in 2021, the 187-room new build will form part of...
Hotel Development Partners Celebrates Grand Opening for Residence Inn Atlanta Perimeter Center Dunwoody
Hotel Development Partners, LLC (HDP) | November 21, 2017
ATLANTA (November 21, 2017) – Atlanta-based Hotel Development Partners (HDP) celebrated the Grand Opening of the 127-suite Residence Inn by Marriott Atlanta Perimeter Center Dunwoody, Georgia. The hotel operates as a Marriott franchise, owned by Hotel Development Partners and managed by Hotel Equities (HE). Joe Fallis serves as the General Manager and Susan Zuppardo is the Director of Sales. The hotel marks the third property owned by HDP and managed by Hotel Equities in the vibrant, upscale Atlanta Perimeter Center market. The other properties are the Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwoody and the Fairfield...
New 116-Suite Residence Inn by Marriott Set to Open in Littleton, Colorado Led by General Manager Steve Ryan
Residence Inn by Marriott | November 21, 2017
Littleton, CO – November 21, 2017 – The 116-suite Residence Inn by Marriott in Littleton, Colorado is scheduled to open this Tuesday, November 21, 2017. Located at 3090 West County Line Road, the all-suite Residence Inn Denver Southwest Littleton will operate as a Marriott franchise, owned by CIP 2014/PC RIL Hotel LLC and managed by Propel Management of San Antonio, Texas. Located 20 minutes from downtown Denver, the Residence Inn Denver Southwest Littleton offers its guests convenient access to Chatfield State Park, Hudson Gardens Event Center and The Falls Event Center. Rates vary depending on length of stay. "We are pleas...
Owned, Developed and Managed by Ontario Hospitality, Home2 Suites by Hilton Opens in Jackson, Michigan
Home2 Suites by Hilton | November 21, 2017
November 21, 2017 JACKSON, Mich. and MCLEAN, Va. - Home2 Suites by Hilton, part of Hilton's (NYSE: HLT) industry-first All Suites portfolio, announced today its newest property, Home2 Suites by Hilton Jackson. Designed for travelers who want to maintain their normal routine, the hotel features 83 suites and a range of value, tech-focused and eco-conscious amenities. Home2 Suites by Hilton Jackson complements the city's inviting appeal, as it is known for its Midwestern charm, rich history, natural beauty, award-winning wineries and popular festivals. "Whether on vacation or travelling for business, guests can explore a vari...
Projects in Canada’s Construction Pipeline are Up 11% YOY
Lodging Econometrics | November 20, 2017
November 20, 2017 – PORTSMOUTH, NH – According to Lodging Econometrics (LE), the total Construction Pipeline in Canada currently has 228 Projects/30,875 Rooms, up 11% by projects Year-Over-Year (YOY). There are 80 Projects/11,076 Rooms Under Construction, up 13% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 87 Projects/10,215 Rooms, up 26%, while those in Early Planning are at 61 Projects/9,584 Rooms, down 8%. The top hotel companies in Canada's Construction Pipeline by projects are: Marriott with 47 Projects/7,121 Rooms, InterContinental Hotels Group (IHG) with 35 Projects/3,644 Room...
IHG Appoints Vivek Bhalla as the New Regional Vice President, South West Asia
IHG | November 15, 2017
Bangalore, 15 November 2017: InterContinental Hotels Group (IHG®), one of the world's leading hotel companies announced today the appointment of Vivek Bhalla as the Regional Vice President, South West Asia (SWA), effective from 1 January, 2018. Vivek succeeds Shantha de Silva who will progress his journey with IHG as Senior Director, New Hotels - Australasia and Japan. Vivek will be responsible for spearheading strategic growth for the company and operational performance of 31 hotels in South West Asia, across four brands: InterContinental®, Crowne Plaza®, Holiday Inn® and Holiday Inn Express®. He will also play an i...
New Openings Growing Steadily as the Cycle Matures
Lodging Econometrics | November 15, 2017
November 15, 2017 – PORTSMOUTH, NH – By the end of the third quarter, 701 Hotels/82,484 Rooms had already opened in the U.S. with another 278 Projects/29,532 Rooms forecast to open by year-end according to analysts at Lodging Econometrics (LE). The Total 2017 Forecast is 979 Projects/112,016 Rooms, representing a 12% increase over the actual number of Hotel Openings in 2016, which stood at 850 Hotels/99,881 Rooms. With slight increases in occupancy being recorded, new supply in 2017 should be easily absorbed. Demand growth, however modest, still continues to exceed supply growth. Almost half of the hotels expected to open t...
Hilton Launches Incubator to Fast-Track Guest Innovations
Hilton | November 13, 2017
With the Opening of New Innovation Gallery, Hilton Officially Joins "I-270" Tech Corridor MCLEAN, Va. - Hilton (NYSE: HLT) today announced the opening of its Innovation Gallery, a first-of-its-kind incubator and experiential showcase for cutting-edge product developments that will shape the future of Hilton hospitality. Open to invited guests including Hilton Team Members, hotel owners and technology partners, the 4,300-square-foot gallery brings together all elements of Hilton's innovation process. It is a physical space where conversations between thought leaders, design experts and hospitality professionals deliver new products a...
Upper Midscale and Upscale Are the Largest Chain Scales in the U.S. Construction Pipeline Comprising 67%
Lodging Econometrics | November 10, 2017
November 10, 2017 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Upper Midscale category stands at 2,066 Projects/205,330 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 1,274 Projects/164,628 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 442 Projects/41,053 Rooms; Hilton's Home2 Suites 348 Projects/36,439 Rooms and Hampton Inn &...
OTO Development Unveils Plans for 219-Room AC Hotel by Marriott in Bethesda, Maryland
OTO Development | November 9, 2017
BETHESDA MD (NOVEMBER 9, 2017) -- A new AC Hotel by Marriott is coming to the heart of downtown Bethesda MD -- part of an ambitious mixed-use development and just a few short blocks away from Marriott International's future global headquarters. "It's always exciting to announce plans for a new project," says Corry Oakes, President/CEO of OTO Development, a Spartanburg SC-based Johnson Management company, "and that's especially true of our AC Hotel Bethesda. The brand is vibrant. The design is exceptional. And the proximity to Marriott's headquarters provides us an incredible opportunity to be the flagship ...
Marriott, Hilton and IHG Comprise 68% of All Projects in Total U.S. Construction Pipeline
Lodging Econometrics | November 9, 2017
November 9, 2017 – 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 1,298 Projects/166,419 Rooms, Hilton with 1,270 Projects/144,191 Rooms and IHG with 817 Projects/83,728 Rooms. These 3 franchise companies comprise 68% of all projects in the Total Pipeline. The largest brands for each of these companies are; Marriott's Fairfield Inn with 284 Projects/27,411 Rooms and Residence Inn with 189 Projects/23,605 Rooms; Hilton's Home2 Suites with 348 Projects/36,439 Rooms and Hampton In...
HMB Management Opens Homewood Suites by Hilton Allentown Bethlehem Center Valley in Eastern Pennsylvania
Homewood Suites by Hilton | November 8, 2017
November 8, 2017 CENTER VALLEY, Pa. 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 Allentown Bethlehem Center Valley. Designed for guests who want to travel on their own terms, Homewood Suites by Hilton Allentown Bethlehem Center Valley offers guests all the comforts of home, whether they are traveling for work or enjoying a well-earned getaway. With 114 new suites, the hotel's opening complements rising tourism in Pennsylvania, where spending by tourists grew for the sixth straight year*. "Located a short distance...
Virginia Crossings Hotel & Conference Center Joins Tapestry Collection by Hilton Marking Brand’s Second Property
Tapestry Collection by Hilton | November 8, 2017
GLEN ALLEN, Va. and MCLEAN, Va. - Historic Virginia charm and colonial architecture make their debut today as part of Hilton's newest collection brand, Tapestry Collection by Hilton. Virginia Crossings Hotel & Conference Center becomes the second property to join the collection of independent upscale hotels each with a unique identity. "Virginia Crossings Hotel & Conference Center truly reflects our dedication to handpicking hotels that provide travelers the best of both worlds - original hotels with the world renowned hospitality of Hilton and our Hilton Honors program," said Mark Nogal, global head, Tapestry Coll...
Marriott Has the Largest Construction Pipeline of Any Franchise Company in the U.S.
Lodging Econometrics | November 8, 2017
November 8, 2017 – PORTSMOUTH, NH Marriott International, due in part to the acquisition of the Starwood brands, currently has the largest construction pipeline of any franchise company with 1,298 Projects/166,419 Rooms. Their largest brands in the Total Pipeline are: Fairfield Inn with 284 Projects/27,411 Rooms, Residence Inn with 189 Projects/23,605 Rooms and TownePlace Suites with 183 Projects/18,590 Rooms. Marriott has the most rooms currently Under Construction with 516 Projects/69,721 Rooms, which represents almost 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Constru...
New York Leads U.S. Markets in Hotel Construction Pipeline Followed by Houston, Dallas, Nashville and Los Angeles
Lodging Econometrics | November 6, 2017
November 6, 2017 – PORTSMOUTH, NH – According to recent reports, analysts at Lodging Econometrics (LE) state that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 181 Projects/30,225 Rooms; Houston with 148 Projects/16,398 Rooms; Dallas with 143 Projects/17,580 Rooms; Nashville, which hit a cyclical peak this quarter, has 124 Projects/16,699 Rooms; and Los Angeles has 112 Projects/16,780 Rooms. New York has the most New Hotel Openings forecasted for 2017 with 39 Hotels/6,128 Rooms, then Dallas, which is expected to open 37 Hotels/4,510 Rooms followed by Houston with 27 H...
Leisure Hotel Holding and IHG Enter Agreement for First Holiday Inn in Cape Town, Africa
IHG | November 2, 2017
IHG (InterContinental Hotels Group), one of world's leading hotel companies, today announced the signing of Holiday Inn Cape Town in partnership with Leisure Hotel Holding (Pty) Ltd. Currently operating as Strand Tower Hotel, the property is expected to be rebranded as Holiday Inn by later this year, marking the brand's debut in the city. This signing is in line with IHG's strategy to increase its brand's visibility and franchise estate in South Africa. Located in Cape Town's Commercial Business District (CBD), where weekday business is driven by corporates and weekend through leisure, Holiday Inn Cape Town will provide easy access to a...
U.S. Hotel Construction Pipeline Shows Moderate Increases Up 4 Percent by Projects and Rooms YOY
Lodging Econometrics | November 2, 2017
November 2, 2017 – PORTSMOUTH, NH – According to a recent report by Lodging Econometrics (LE), the U.S. Construction Pipeline stands at 5,011 Projects/608,837 Rooms, up 4% by projects and rooms Year-Over-Year (YOY). There are 1,592 Projects/208,523 Rooms Under Construction, up 8% and 7% YOY, respectively, the highest counts recorded this cycle. Projects Scheduled to Start Construction in the Next 12 Months, at 2,198 Projects/251,259 Rooms are down 1% YOY. Projects in Early Planning are at 1,221 Projects/149,055 Rooms. While these projects are up 10% YOY, the properties are smaller resulting in lower room-counts. The Pipeline...
U.S. Hotel Development Cost Survey 2016/17
Stacey E. Nadolny | November 2, 2017
By Stacey E. Nadolny Hotel development activity correlates directly with the ebbs and flows of hotel-sector performance. As we reached the peak of the current cycle in 2016, developers pursued hotel construction and redevelopment at a pace we haven't seen since 2006 and 2007. HVS has tracked Hotel Development Costs for the last three decades, collecting data from actual hotel cost budgets during our assignments. This year's sample reflects the largest sample HVS has analyzed given the number of hotels in the pipeline, as well as our growing presence in 35 U.S. markets. The data in this survey reflect budgets from 2016. With the availabi...
Hotel Equities to Manage Courtyard North Brunswick and Spring Hill Suites Woodbridge in New Jersey
Hotel Equities | November 2, 2017
ATLANTA–November 02, 2017– Atlanta-based Hotel Equities has been selected to manage two Marriott hotels in New Jersey, the Courtyard by Marriott in North Brunswick and the SpringHill Suites by Marriott in Woodbridge. The hotels compliment the firm's strategic growth plans in the northeast corridor. Owned by Main Street Hotel, LLC, the 124-room Courtyard North Brunswick is under construction less than 30 miles from Newark, NJ and Newark International Airport (EWR). The hotel expects to open in early 2018. The SpringHill Suites by Marriott Woodbridge expects to break ground in early 2018. "Adding additional properties in the n...
Owned and Managed by AAA Hotel Company, Home2 Suites by Hilton Lake Charles Opens in Louisiana
Home2 Suites by Hilton | November 1, 2017
LAKE CHARLES, La. and MCLEAN, Va. - Home2 Suites by Hilton, part of Hilton's (NYSE: HLT) All Suites portfolio, announced today its newest property, Home2 Suites by Hilton Lake Charles, bringing the brand one step closer to its 200thproperty milestone. Designed for travelers who want to maintain their normal routine, the hotel features 87 suites and a range of value, tech-focused and eco-conscious amenities. Home2 Suites by Hilton Lake Charles caters to the 46.7 million visitors traveling to Louisiana annually.* "Whether here on business, to enjoy the endless outdoor recreation activities at Prien Lake Park, or to experience the...
The Luxury Collection Signs with The Mori Trust Group for IRAPH SUI, a Luxury Collection Hotel in Okinawa, Japan
The Mori Trust Group | November 1, 2017
The Luxury Collection today announced the signing of IRAPH SUI, a Luxury Collection Hotel in Okinawa, Japan. Owned by The Mori Trust Group and slated to open in late 2018, the new island resort will be will be located in the city of Miyakojima, in Okinawa Prefecture and will be the third Luxury Collection hotel in Japan. "We are thrilled to welcome this island resort to our portfolio in Japan," said Mitzi Gaskins, Global Brand Leader, The Luxury Collection. "The luxury vacation market in Japan is a well-established one, and sophisticated travelers are always looking for exciting new destinations and authentic experiences wherever they g...
