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
Hilton Garden Inn Opens in Chinese City of Shiyan with General Manager Mason Liu at the Helm
Hilton Garden Inn | September 28, 2017
SHIYAN, HUBEI, China and MCLEAN, Va., Sept. 28, 2017-- Hilton (NYSE: HLT) today announced the opening of Hilton Garden Inn Shiyan, the first Hilton Garden Inn and second Hilton property in Shiyan, following the opening of DoubleTree by Hilton Shiyan. "Hilton Garden Inn Shiyan offers midscale accommodation options and modern amenities to cater to the needs of today's busy travelers," said John Greenleaf, global head, Hilton Garden Inn. "With more than 700 Hilton Garden Inn hotels worldwide, we have a proven track record of ensuring exceptional and memorable experiences for guests, through our high standards of comfort ...
IHG and Trans Orient Group Debut Holiday Inn Brand in Quatar with Opening of Holiday Inn Doha
Holiday Inn | September 28, 2017
New Delhi, India, 28thSeptember, 2017: InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, announced the opening of Holiday Inn Doha - The Business Park in partnership with the Trans Orient Group. The opening marks the brand's debut in the country and will be the 24th Holiday Inn in the Middle East region. The newly-built, 307-room hotel is situated right in the centre of the business and financial district in Doha. The site is adjacent to the existing Crowne Plaza Doha - The Business Park, located on Al Matar Street and is a part of The Business Park complex that hosts financial, medical, government an...
Owned by NewcrestImage, Newly-Built Embassy Suites by Hilton Opens in Amarillo, Texas
Embassy Suites by Hilton | September 28, 2017
AMARILLO, Texas and MCLEAN, Va. - Embassy Suites by Hilton, a global brand of upscale, all-suite hotels from Hilton, announced today the opening of a newly-built hotel in Amarillo, TX. Owned by NewcrestImage, the full service Hilton property is located in the heart of downtown Amarillo and within walking distance to great local restaurants, the Civic Center and Globe News Center for Performing Arts. Embassy Suites by Hilton prides itself on offering guests an approachable and stress-free experience at each of its spacious, all-suites hotel properties. Embassy Suites by Hilton Amarillo Downtown has 226 contemporary suites and is ideal fo...
North Point Hospitality Celebrates Topping Out on First Tri-Branded Marriott Hotel in the US
North Point Hospitality Group | September 28, 2017
NASHVILLE, Tenn. – (September 28, 2017) – North Point Hospitality, an Atlanta based hotel development and management company, celebrated the topping out of the first tri-branded Marriott hotel in the US yesterday afternoon with a private ceremony. Key leaders and executives from Marriott International, Inc., SunTrust Commercial Real Estate, the construction lender, & North Point Hospitality were in attendance. The tri-branded $140 million, 470-room Marriott, located in Nashville's popular SoBro neighborhood at 410 5th Avenue South, will include a 125-room SpringHill Suites, a 136-room Residence Inn, and 209-room AC Hotel...
The Americas Is the Top World Region and Market in the Global Construction Pipeline
Lodging Econometrics | September 25, 2017
September 25, 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 The America's with 5,719 Projects/745,510 Rooms, Asia Pacific with 3,862 Projects/836,725 Rooms and EMEA with 1,679 Projects/337,135 Rooms. The top countries by project-count are the United States with 4,973 Projects/598,371 Rooms and China with 2,410 Projects/525,225 Rooms. The U.S. accounts for 41% of the projects in the Global Pipeline while China accounts for...
Global Hotel Construction Pipeline Growing with Projects up 8% YOY
Lodging Econometrics | September 22, 2017
September 22, 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 12,190 Projects/2,029,231 Rooms, up 8% by projects Year-Over-Year (YOY). There are 5,691 Projects/1,048,457 Rooms Under Construction, up 9% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 3,879 Projects/557,958 Rooms, are up a strong 14% while projects in Early Planning at 2,620 Projects/422,816 Rooms are down just 12 projects, less than 1%, YOY. The leadin...
Hotel Construction Pipeline in the Middle East Is Growing with Projects Up 13% YOY
Lodging Econometrics | September 18, 2017
September 18, 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 561 Projects/154,627 Rooms, up 13% by projects Year-Over-Year (YOY). There are 339 Projects/98,653 Rooms Under Construction, up 20% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 125 Projects/32,116 Rooms, up 21%, while projects in Early Planning at 97 Projects/23,858 Rooms are down 12%. The top hotel companies in the Middle East's Construction Pipeline are: Marriott International 94 Projects/22,641 Rooms, Hil...
IHG Reveals Name of its New Midscale Brand, avid hotels, with First Property Expected to Open in 2019
IHG | September 18, 2017
IHG® (InterContinental Hotels Group) today revealed the name of its new high-quality midscale brand, avid™ hotels, alongside a brand logo and renderings of the hotel exterior, public space and guest rooms. First introduced to owners at the IHG Americas Conference in June, avid hotels is franchise ready beginning today, officially marking the start of licensing in the U.S. for this much-anticipated new brand. More than 150 owners have already expressed interest in the brand demonstrating the strong demand and great potential for avid hotels in this market segment. IHG expects the first avid hotels locations to begin constructio...
The Europe Hotel Construction Pipeline Is up 25% With 1,186 Projects in the Total Pipeline
Lodging Econometrics | September 14, 2017
September 14, 2017 – PORTSMOUTH, NH – The Europe Hotel Construction Pipeline Trend Report states that the Total Pipeline has 1,186 Projects/185,799 Rooms, up 25% by projects Year-Over-Year (YOY) according to Lodging Econometrics (LE). There are 559 Projects/94,170 Rooms Under Construction, up 32% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 401 Projects/58,646 Rooms, up 70%, while projects in Early Planning at 226 Projects/32,983 Rooms are down by 23%. The top hotel companies in Europe's Construction Pipeline are: AccorHotels with 201 Projects/24,593 Rooms, Hilton Worldwide with 166 ...
Hotel Equities Appoints Polly Ann Elliott as Area Director of Sales in Charleston, South Carolina
Fairfield Inn & Suites Charleston Airport / Convention Center | September 14, 2017
CHARLESTON, S.C., Sept. 14, 2017 -- Atlanta-based hospitality management group Hotel Equities recently named Polly Ann Elliott as the Area Director of Sales for its properties in Charleston, South Carolina, including the Fairfield Inn & Suites Charleston Airport / Convention Center. In addition to the conveniently located Charleston South Carolina airport hotel, Ms. Elliott now directs the sales teams at four other area hotels managed by Hotel Equities, including Sleep Inn Charleston North, Residence Inn Charleston North / Ashley Phosphate, Fairfield Inn & Suites Charleston North / Ashley Phosphate and Fairfield Inn & Suites...
Hotel Equities Selected to Manage SpringHill Suites Houston Med Center/NRG Park
Hotel Equities | September 13, 2017
Atlanta, Sept. 13, 2017 -- Atlanta-based Hotel Equities has been selected to manage the 190-room SpringHill Suites by Marriott Houston Med Center/NRG Park hotel. With the addition, Hotel Equities now manages three hotels in metro Houston and 23 in Texas. Quyp Hospitality owns the hotel. "Our selection to manage a third hotel in metropolitan Houston confirms our ability to deliver outstanding results, exceptional profitability and stellar GSS scores to our owners," said Joe Reardon, SVP of Business Development and Marketing for Hotel Equities. "The property enjoys the benefits of a vibrant sub-market in Houston that includes the medical ...
Latin America’s Construction Pipeline Is Stalling
Lodging Econometrics | September 13, 2017
September 13, 2017 – PORTSMOUTH, NH – The total Construction Pipeline in Latin America has 878 Projects/146,312 Rooms, the exact same number of projects as last year. There are 418 Projects/72,690 Rooms Under Construction, up 4% by projects Year-Over-Year (YOY). Rooms Scheduled to Start Construction in the Next 12 Months are at 211 Projects/33,542 Rooms, up 22%, while those in Early Planning are at 249 Projects/40,080 Rooms, down 18%. The top hotel companies in Latin America's Construction Pipeline by projects are: AccorHotels with 150 Projects/22,136 Rooms, Marriott International with 94 Projects/14,880 Rooms and Hilton Wor...
China’s Construction Pipeline Remains Strong Up 7% YOY with Shanghai Leading the Way
Lodging Econometrics | September 12, 2017
September 12, 2017 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that according to the recent China Construction Pipeline that the Total Pipeline has 2,410 Projects/525,225 Rooms, up 7% Year-Over-Year (YOY). There are 1,724 Projects/356,816 Rooms Under Construction, up 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 324 Projects/74,225 Rooms, up 15%, while projects in Early Planning at 362 Projects/94,184 Rooms are up by 2%. The top hotel companies in China's Construction Pipeline are: Hilton Worldwide with 292 Projects/71,895 Rooms, Marriott International with 253 ...
Hotel Equities Names Greenberg Regional Director of Sales in Texas
Hotel Equities | September 8, 2017
ATLANTA, GA (September 8, 2017) – Atlanta-based Hotel Equities (HE) recently named Susan Greenberg as the Regional Director of Sales for a portfolio of the firm's hotels in Texas. She reports to Drew Salapka, Vice President of Sales & Revenue Generation. Responsible for all sales, marketing, public relations and market share growth for the firm's growing Texas portfolio, Ms. Greenberg directs the firm's sales teams to peak performance. "Susan is an award-winning professional who brings a wealth of experience and impeccable credentials in hotel sales and marketing to her new post," said Mr. Salapka. "She knows the Texas market ...
Extended-Stay Hotels Set for Substantial Growth According to U.S. Hotel Construction Pipeline
Lodging Econometrics | September 8, 2017
September 8, 2017 – PORTSMOUTH, NH – Through the first half of the year, there are 1,288 Projects/136,649 Rooms of extended-stay projects in the U.S. Hotel Construction Pipeline according to Lodging Econometrics (LE). 400 Projects/44,738 Rooms are Under Construction, and account for 26% of all projects Under Construction in the Total Pipeline. 643 Projects/68,242 Rooms will Start Construction in the Next 12 Months while an additional 245 Projects/23,669 Rooms are in Early Planning. Home2 Suites by Hilton currently has 343 Projects/35,845 Rooms of extended-stay projects in the Pipeline, the largest of any brand. The second la...
IHG Forms New Operating Region for Europe, Middle East, Asia & Africa Leading to Two Regional Chief Executive Officer Appointments
IHG | September 7, 2017
Kenneth Macpherson, currently IHG's CEO of Greater China, will lead the new EMEAA region, which will be created by bringing together two of IHG's current operating divisions: Europe; and Asia, Middle East & Africa. Taking over from Kenneth is Jolyon Bulley, who has been promoted to CEO, Greater China. These changes will take effect at the beginning of 2018. Kenneth, who currently has responsibility for the management, growth and profitability of the company's fastest growing region, joined IHG in April 2013 from Diageo - a company he had been with for almost 20 years. He has lived and worked in China since 2005 and during his career...
Upper Midscale and Upscale Are the Largest Chain Scales in the U.S. Construction Pipeline
Lodging Econometrics | September 7, 2017
September 7, 2017 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that the Upper Midscale category stands at 2,060 Projects/205,270 Rooms, and has the largest project count of all chain scales in the Total Construction Pipeline. The second largest is the Upscale category which has 1,258 Projects/162,609 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 426 Projects/39,393 Rooms, Hilton's Home2 Suites 343 Projects/35,845 Rooms and Hampton Inn with 322 ...
Hotel Equities to Manage New Residence Inn Atlanta Perimeter Center Dunwoody, Developed by Hotel Development Partners
Hotel Equities | September 6, 2017
ATLANTA-September 6, 2017– Atlanta-based Hotel Equities was named to manage the 127-suite Residence Inn by Marriott Atlanta Perimeter Center Dunwoody, developed and owned by Hotel Development Partners (HDP). The hotel marks the third property owned by HDP and managed by Hotel Equities in the vibrant, upscale Atlanta Perimeter Center market. Joe Fallis serves as the General Manager and Susan Zuppardo is the Director of Sales. Hotel Development Partners also owns the Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwoody and the Fairfield Inn & Suites Perimeter Center. Both are also managed by Hotel Equities. "We are prou...
Top Franchise Companies in the U.S. Construction Pipeline are Marriott, Hilton and IHG Comprising 67% of Projects in the Total Pipeline
Lodging Econometrics | September 6, 2017
September 6, 2017 – PORTSMOUTH, NH – According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines are; Marriott with 1,288 Projects/166,096 Rooms, Hilton with 1,243 Projects/140,912 Rooms and IHG with 817 Projects/84,676 Rooms. These 3 franchise companies comprise 67% of all projects in the Total Pipeline. The largest brand for each of these companies are; Marriott's Fairfield Inn with 283 Projects/27,244 Rooms, Hilton's Home2 Suites with 343 Projects/35,845 Rooms and IHG's Holiday Inn Express with 426 Projects/39,393 Rooms. The co...
Marriott Has the Largest Construction Pipeline of Any Franchise Company in the U.S.
Lodging Econometrics | September 5, 2017
September 5, 2017 – PORTSMOUTH, NH – Marriott International currently has the largest construction pipeline of any franchise company with 1,288 Projects/166,096 Rooms. Their largest brands in the Pipeline are: Fairfield Inn with 283 Projects/27,244 Rooms, Residence Inn with 187 Projects/23,617 Rooms and TownePlace Suites with 184 Projects/18,757 Rooms. Marriott has the most rooms currently Under Construction with 482 Projects/67,434 Rooms, which represents almost 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Construction in the Next 12 Months with 619 Projects/76,451 ...
Owned and Managed by Woodbury Corporation, SpringHill Suites By Marriott in Idaho Falls, Idaho Opens
SpringHill Suites by Marriott | September 1, 2017
Idaho Falls, Idaho – September 1, 2017 – Marriott International announced that the SpringHill Suites by Marriott in Idaho Falls, Idaho, is now open. The 124-suite hotel, located at 665 Riverwalk Drive, will operate as a Marriott franchise, owned and managed by Woodbury Corporation, a full-service real estate management and development company based out of Salt Lake City, Utah. Located on the Snake River, the new SpringHill Suites by Marriott will be located just three miles from the Idaho Falls Regional Airport, and five minutes from downtown. The hotel offers guests convenient access to the Idaho Falls LDS Temple, Idaho Nat...
New York Market Leads U.S. Markets with the Largest Construction Pipeline Followed by Houston and Dallas
Lodging Econometrics | August 30, 2017
August 30, 2017 – PORTSMOUTH, NH – In the second quarter, analysts at Lodging Econometrics (LE) report that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 190 Projects/31,923 Rooms; Houston with 159 Projects/17,472 Rooms; Dallas with 147 Projects/18,429 Rooms; Nashville with 125 Projects/16,697 Rooms; and Los Angeles with 109 Projects/17,029 Rooms. Dallas has the most New Hotel Openings forecasted for 2017 with 42 Hotels/5,029 Rooms, then New York, which is expected to open 38 Hotels/5,657 Rooms followed by Houston with 31 Hotels/3,182 Rooms. In 2018, New York is forec...
Lotte Tour Development and Hyatt Hotels Enter Agreement for New Build Grand Hyatt Hotel in Jeju City, South Korea
Grand Hyatt | August 29, 2017
The hotel is to be part of Lotte Tour's integrated resort project on Jeju Island, South Korea and is expected to be the second largest Grand Hyatt hotel in the world CHICAGO (August 29, 2017) - Hyatt Hotels Corporation today announced that a Hyatt affiliate has entered into a management agreement with Lotte Tour Development Co., Ltd. for a Grand Hyatt branded hotel in Jeju City, Jeju Island, South Korea. The new hotel will mark Hyatt's sixth property in the country, complementing Grand Hyatt Seoul and is expected to be the second largest Grand Hyatt hotel in the world. Grand Hyatt Jeju will make its home in the center of Jeju City, the ...
U.S. Hotel Construction Pipeline Up 7% Year-Over-Year with a 20% Increase in New Supply Forecast for 2017
Lodging Econometrics | August 28, 2017
According to a recent report by Lodging Econometrics (LE), the U.S. Construction Pipeline stands at 4,973 Projects/598,371 Rooms, with projects up 7% Year-Over-Year (YOY). There are 1,520 Projects/198,710 Rooms Under Construction, up 10% YOY, and are the highest counts recorded this cycle. Projects Scheduled to Start Construction in the Next 12 Months, at 2,312 Projects/264,924 Rooms, are up 5% YOY. Projects in Early Planning are at 1,141 Projects/134,737 Rooms and are up 8%, YOY. However, it's slightly down from last quarter which, so far, is the peak level this cycle. For the economy, the rate of growth may be low but it's running on ...
