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
Tru by Hilton Expands to Canada with Signing of Three Properties
Hilton | October 31, 2017
MCLEAN, Va. – October 31, 2017 – Hilton (NYSE: HLT) today announced deals for three Tru by Hilton properties in Canada, which marks the development of the brand's first non-U.S. locations. Located in Alberta, Tru by Hilton Edmonton-Windermere is the first of these properties expected to open in 2018. It will be followed by two additional Tru by Hilton properties in Ontario in 2019. These hotels are part of Tru by Hilton's robust pipeline of 420 hotels in various stages of development – the fastest-growing pipeline in the history of the hospitality industry. "Tru by Hilton is an innovator and industry-leader in the mids...
Hotel Equities Expands Executive Team with Four Key Appointments
otel Equities | October 31, 2017
ATLANTA, GA (October 31, 2017) – Recognizing a critical time of opportunity, Atlanta-based Hotel Equities (HE) named four hospitality industry veterans to expand its executive team and implement the firm's strategic growth. Hotel Equities named Bryan DeCort as Senior Vice President of Operations, Greg Presley as Vice President of Business Development, Patrick Trainor as Vice President of Projects and Facilities and Thomas Harrison as Regional Director of Sales. "Expansion of our executive leadership team is mission critical. We continue to invest in talent and infrastructure improvements throughout our disciplines," said Brad Rahi...
Q3 2017 Financial Reports Round Up Part 2: Hilton, Wyndham, Las Vegas Sands, Pebblebrook
October 26, 2017
Hilton Worldwide reports net income of $181 million for the third quarter 2017. Hilton added 12,000 net rooms in the third quarter and the development pipeline hit a record 335,000 rooms in Q3, a 13% rise over the same quarter in 2016. System-wide comparable RevPAR increased 1.3 percent on a currency neutral basis for the third quarter compared to the prior year Wyndham Worldwide reports net income in the third quarter of 2017 at $203 million compared with $196 million for the third quarter of 2016. Third quarter domestic same-store RevPAR increased 2.3% compared with third quarter 2016. In constant currency, global same-store RevPAR in...
Q3 2017 Financial Reports Round Up Part 1: IHG, AccorHotels, LaSalle
October 20, 2017
AccorHotels reports strong third quarter revenue increases, up 6.4%, and are confident of meeting full-year 2017 operating profit guidance at the upper end of the €460 million ($542.1 million) to €480 million ($566 million), as announced in July. InterContinental Hotels Group saw a 2.3% increase in revenue per available room; Globally opened 11K rooms, increasing net system size 4.1% YoY to 786K rooms; Future growth includes 20K rooms (137 hotels) signed; pipeline of 235K rooms LaSalle Hotel Properties saw a 79.6% decline in net income to $31.1 million primarily due to challenges as a result of resort closeures from hurricanes...
IHG Executes Four New Resort Signings in Southeast Asia that Includes Regions First Kimpton and New Market Entry for Hotel Indigo
IHG | October 20, 2017
IHG (InterContinental Hotels Group) one of the world's leading global hotel companies, today announced, at the 2017 Hotel Investment Conference Asia Pacific (HICAP), significant growth to its resort portfolio with the signing of four new properties, which includes the first Kimpton Hotels & Restaurants property in Southeast Asia. The four new resorts are: Kimpton Bali InterContinental Sapa Resort Holiday Inn Resort Sapa Hotel Indigo Phu Quoc Starbay Rajit Sukumaran, Chief Development Officer, Asia, Middle East and Africa (AMEA), IHG commented: "It's fantastic to be bringing new brands to new markets with new and existing partn...
Aimbridge Hospitality Opens New 109-Key TownePlace Suites by Marriott in Chandler, Arizona
TownePlace Suites by Marriott | October 19, 2017
Chandler, AZ – October 19, 2017 – Get ready to be real and be you on long stays. Marriott International's TownePlace Suites by Marriott Phoenix Chandler Fashion Center is now open for business. On average, a TownePlace Suites opens every six days. Built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Chandler area. The new TownePlace Suites Phoenix Chandler Fashion Center located at 3635 West Chandler Boulevard, continues to exemplify the brand's rapid growth. The new hotel will operate as a Marriott franchise, owned by HCW Development LLC of B...
Owned by Kamba Hospitality and Managed by Witness Hospitality, New Home2 Suites Opens in Lafayette, Indiana
Home2 Suites by Hilton | October 19, 2017
October 19, 2017 LAFAYETTE, Ind. 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 Lafayette, bringing the brand one step closer to its 200th property milestone. Designed for travelers who want to maintain their normal routine, the hotel features 93 suites and a range of value, tech-focused and eco-conscious amenities. Home2 Suites by Hilton Lafayette caters to the 74 million travelers visiting Indiana annually.* "Whether you're in town for a college visit, sporting event or traveling for business, Home2 Suites by Hilton L...
Dynamic Group Opens New 88-Suite TownePlace Suites by Marriott in Cleveland, Tennessee
TownePlace Suites by Marriott | October 19, 2017
Cleveland, TN – October 19, 2017 – Get ready to be real and be you on long stays. Marriott International's TownePlace Suites by Marriott Cleveland opened for business on Monday, October 16, 2017. On average, a TownePlace Suites opens every six days. Built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Cleveland area. The new hotel located at 160 Bernham Drive, continues to exemplify the brand's rapid growth. The new hotel will operate as a Marriott franchise, owned and managed by Dynamic Group of Chattanooga, Tennessee. "We are excited to intr...
Owned and Managed by SS Hoteis Eireli-ME, 209-Room Holiday Inn Goiânia Opens in Brazil
October 19, 2017
IHG, (InterContinental Hotels Group) one of the world's leading hotel companies, today announces the opening of the new-build 209-room Holiday Inn® Goiânia hotel. This is IHG's eighth Holiday Inn property in Brazil and the first IHG hotel in the Midwestern city of Goiânia, located about 130 miles from Brasilia, the nation's capital. The new hotel is centrally situated near the city's main thoroughfares and is in walking distance to the 'Feira do Sol' and 'Feira da Lua', banks, the Bougainville Shopping mall and local parks. Gerardo Murray, Regional Vice President of Brands & Marketing, Mexico, Latin A...
IHG Signs Three Management Contracts to Introduce Kimpton Hotels & Restaurants to Asia
Kimpton Hotels & Restaurants | October 18, 2017
ATLANTA, Oct. 18, 2017 -- InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, today signed three management contracts to introduce its luxury boutique hotel brand, Kimpton Hotels & Restaurants, to Asia. The first Kimpton properties in the region will be located in prime markets in Southeast Asia and Greater China, further solidifying Kimpton's appeal to global audiences. Elie Maalouf, CEO of InterContinental Hotels Group, The Americas said: "Our Kimpton Hotels & Restaurants brand is iconic for its unconventional approach to boutique hospitality and we're thrilled to introduce it...
Concord Hospitality Reveals First Look of Canopy by Hilton’s North American Debut in Washington, D.C.
Canopy by Hilton | October 16, 2017
WASHINGTON, D.C. and MCLEAN, Va. – October 16, 2017 – Today, Canopy by Hilton, Hilton's (NYSE: HLT) lifestyle hotel brand, Hoffman-Madison Waterfront and Concord Hospitality Enterprises revealed the first look inside the brand's first North American property, Canopy by Hilton Washington D.C., The Wharf. Set on the Potomac River, The Wharf is home to some of D.C.'s most anticipated new restaurants, year-round entertainment and waterfront accommodations. The property's 175 guestrooms and rooftop bar and lounge, Whiskey Charlie, are part of Hoffman-Madison Waterfront's $2.5 billion, world-class mixed-use waterfront neighborhood...
NewcrestImage Opens Dual-Branded AC Hotel and Residence Inn by Marriott in Downtown Dallas Historic Mercantile Commerce Building
NewcrestImage | October 16, 2017
Downtown Dallas has its first dual-branded hotel with the opening this week by NewcrestImage of a 128-room AC Hotel by Marriott and a 121-room Residence Inn by Marriott. The property is the first AC Hotel in Texas and the first AC Hotel anywhere that brings together two Marriott brands. "We have dramatically renovated and given vibrant new life to the historic Mercantile Commerce Building, which originally opened in 1956 and has been vacant for 25 years," explained Mehul Patel, Chairman of NewcrestImage. "By moving from retired to relevant, this building will add significant momentum to the revitalization of downtown Dallas." The reimag...
LBA Hospitality Partners with Details Hotel Group to Manage Fairfield Inn & Suites Houston Pasadena
LBA Hospitality | October 16, 2017
DOTHAN, AL (OCTOBER 16, 2017) – LBA Hospitality, a full-scale hotel management, development and consulting firm, is pleased to announce management of the Fairfield Inn & Suites Houston Pasadena in Texas. The Marriott-branded hotel is owned by the Principals of Details Hotel Group and is now operated and managed by LBA Hospitality. With the addition of this property to the their portfolio, LBA Hospitality now manages over 70 properties throughout the southeast. While this relationship marks the first time LBA Hospitality and Details Hotel Group have collaborated, the Fairfield Inn & Suites Houston Pasadena is the 3rd hotel ...
Hotel Equities and F&F Break Ground on Staybridge Suites in Davie, Florida
Hotel Equities | October 12, 2017
Atlanta, GA and Davie, FL–October 12, 2017–Hotel Equities and F&F, LLC broke ground recently on a new-build Staybridge Suites by IHG at 4901 Griffin Road in Davie, Florida. Construction is underway for the hotel with completion expected in late 2018. Hotel Equities serves as the management company for the property. Amin and Ramzan Gulamali, Principals with F&F, LLC, the owners and developers of the hotel, welcomed special guests to the event. "We at F&F, LLC seek strategic partnerships that advance our mission to provide nothing less than excellent hospitality to our patrons," said Amin Gulamali, Principal with F...
Kingston Holdings International Limited & IHG Sign Management Agreement for New Holiday Inn and Suites in Dubai Business Bay
IHG | October 10, 2017
IHG (InterContinental Hotels Group), one of the world's leading hotel companies, has signed a management agreement with Kingston Holdings International Limited to develop a new Holiday Inn & Suites in Dubai Business Bay. The signing will complement IHG's hotel pipeline in the area, which includes a Hotel Indigo, Crowne Plaza and an InterContinental Residences, and anchor the company's position as one of the leading operators in the Business Bay area. Expected to open in 2021, Holiday Inn & Suites Dubai Business Bay will be centrally located in Dubai's commercial and lifestyle hub and in close proximity to major attractions such ...
New Builds Signal Growing Strength of Independent Hotels, New Entrepreneurial Brands, as a Dozen Teneo Member Hotels Open 2017-2018
Teneo Hospitality Group | October 10, 2017
Construction Trends Span Independent Properties, Leading Brands, Major Markets, Second Tier Cities, Historic Restoration, Contemporary Design Eden Prairie, MN, October 2017 … New hotel construction in major markets and second tier cities is signaling the growing strength of independent hotels and smaller entrepreneurial brands. The new properties span urban hotels, resorts, historic restorations, and anchors of major redevelopment programs, emerging business districts and dynamic new sports and entertainment complexes. They are breaking new ground in the areas of sustainability, art and architecture, historic preservation, food a...
Alex. Brown Realty JV with Hotel Development Partners to Develop Courtyard by Marriott in Alpharetta, Georgia
Alex. Brown Realty | October 9, 2017
BALTIMORE--October 9, 2017--Alex. Brown Realty, Inc. (ABR) and Hotel Development Partners (HDP) have announced plans to develop a 115-room Courtyard by Marriott in Alpharetta, Georgia. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $7.2 million in the joint venture. Financing for the project will be provided by the Bank of North Georgia, a division of Synovus Bank. The joint venture recently closed on the 1.9 acre site located off of Old Milton Parkway directly across from Avalon – the 86-acre mixed-use development that is expected to be a major demand generator for the hotel. "Alpharetta is experie...
Hilton Launches Africa Growth Initiative with Expectation of Adding 100 Properties Over the Next Five Years
Hilton | October 5, 2017
MCLEAN, Va. - Hilton (NYSE: HLT) has committed a total of $50 million over the next five years towards the Hilton Africa Growth Initiative to support the continued expansion of its Sub-Saharan African portfolio. These funds are intended to support the conversion of around 100 hotels (roughly 20,000 rooms) in multiple African markets into Hilton branded properties, namely into its flagship Hilton Hotels & Resorts brand, the upscale DoubleTree by Hilton and the recently launched Curio Collection by Hilton. Patrick Fitzgibbon, Senior Vice President, Development, Europe, Middle East and Africa, Hilton said: "Hilton remains committe...
Hotel Equities to Manage TownePlace Suites in Tallahassee, FL
Hotel Equities | October 5, 2017
ATLANTA–October 5, 2017–Atlanta-based Hotel Equities recently announced its selection as the management firm for the TownePlace Suites by Marriott in Tallahassee, Florida. The Edgewater Group owns the property and Terry Foye serves as the General Manager. The extended stay hotel is located on Capital Circle NE between Centerville and Miccosukee Roads in Tallahassee, Florida. It stands less than a mile from Florida State University and directly across from Capital Regional Medical Center. It is also convenient to downtown Tallahassee, Florida A&M University, Governor's Square Mall and Maclay Gardens State Park. "We are ex...
Nakheel and Centara Reach New Milestone on 600-Room Beachfront Resort at Deira Islands; Enter Joint Venture
Centara Hotels & Resorts | October 3, 2017
Hotel management agreement confirmed as joint venture company officially incorporated Bangkok, 3 October 2017 - UAE-based master developer Nakheel and leading Thai hotel group Centara Hotels and Resorts today reached a key milestone on their 600-room beachfront resort and waterpark at Dubai's Deira Islands, with the official formation of the joint venture company and the signing of a management agreement. The joint venture, cemented by Nakheel Chairman Ali Rashid Lootah and Centara Chairman of the Board, Suthikiati Chirathivat, at a signing ceremony at Centara's headquarters in Bangkok, will deliver a family-centric lifestyle destinati...
IHG Appoints Claire Bennett as Chief Marketing Officer
IHG | October 2, 2017
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has today announced the appointment of Claire Bennett as Chief Marketing Officer, effective immediately. Claire joins IHG from American Express, where she held a number of senior, consumer-focused marketing roles over a period of more than 10 years. She brings extensive marketing, brand and loyalty expertise to IHG, and a proven track record of leveraging data and technology to drive powerful marketing investments. During her career with American Express, Claire has overseen global marketing and brand management, leading its worldwide advertising, medi...
Owned and Managed by Hawkeye Hotels, New Fairfield Inn & Suites Set to Open in Coralville, Iowa
Fairfield Inn & Suites | October 2, 2017
Coralville, IA – October 2, 2017 – The 95-room Fairfield Inn & Suites by Marriott in Coralville, Iowa is scheduled to open in mid-October with its smart, inventive public space and guest room design, and its bright and inviting décor. Located at 650 Coral Ridge Avenue, the Fairfield Inn & Suites Coralville will operate as a Marriott franchise, owned and managed by Hawkeye Hotels of Coralville, Iowa. General Manager, Brian Bowser leads the management team at the property. Located across the street from the Coral Ridge Mall and 16 miles from Cedar Rapids Eastern Iowa Airport, the Fairfield Inn & Suites Coral...
Hilton and Fess Parker Family Announce Extensive Remodel and Rebranding of Santa Barbara’s Iconic Beachfront Resort
Hilton Hotels & Resorts | October 2, 2017
SANTA BARBARA, Calif., Oct. 2, 2017 -- Hilton (NYSE: HLT) and the Fess Parker family, announce the first phase of a complete renovation and rebrand of The Fess Parker, A Doubletree by Hilton Resort. Upon completion, the hotel will be known as Hilton Santa Barbara Beachfront Resort. Originally built in 1986, the property will remain managed by Hilton and jointly owned by Park Hotels & Resorts (PK-NYSE) along with Fess Parker's children who are proud to continue their 30-year partnership with Hilton. "We are fortunate to have an operating partner in Hilton, whose properties around the globe are synonymous with the highest sta...
Owned and Managed by Concord Hospitality, New Courtyard by Marriott Houston Intercontinental Airport Opens in Texas
Courtyard by Marriott | September 28, 2017
Houston, TX – September 28, 2017 – Courtyard by Marriott Houston Intercontinental Airport opened its doors in Houston, Texas on September 18, 2017. 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 1538 John F Kennedy Boulevard, the 127-room hotel will operate as a Marriott franchise, owned and managed by Concord Hospitality of Raleigh, North Carolina. Located less than one mile away from George Bush Intercontinental Airport, the Courtyard Houston Intercontinen...
