Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3, 2024
Brandt Hospitality Group Getting Great Results From Accounting Software Partner
Aptech | June 5, 2024
Finance & Development
Hyatt and 3H Group Break Ground on Inaugural Hyatt Studios Property in Mobile, Alabama
Hyatt Hotels Corporation | November 30, 2023
Hyatt’s first upper-midscale extended-stay brand experiencing growing pipeline with strong interest from developers CHICAGO (November 30, 2023) – Hyatt Hotels Corporation (NYSE: H) marks Hyatt’s entry into upper-midscale lodging in the Americas with the groundbreaking of the first Hyatt Studios property, set to open in Mobile, Ala. in early 2025. Hyatt has entered into a franchise agreement with 3H Group Inc. for Hyatt Studios Mobile/Tillman’s Corner. The Hyatt Studios brand is expected to be a key accelerator for Hyatt, building on Hyatt’s six years of industry leading net rooms growth. “We are proud to achieve this cons...
IHG Expands Its Essentials Portfolio in Chennai With the Signing of Holiday Inn Chennai Egmore
IHG | November 30, 2023
The signing will add 92-keys to Chennai’s City-Centre following conversion in 2025 30th November, 2023, New Delhi: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Abu Estate Private Limited to open Holiday Inn Chennai Egmore. Set to open in Q1 of 2025, the 92-keys conversion hotel reaffirms IHG’s commitment to growing presence in prime destinations across the country. Centrally located in Chennai, Egmore is an upcoming industrial area with convenient proximity to government offices, high-end residential complexes, railway station and landmark building...
Accor Signs With Mardi Holding to Introduce the Handwritten Collection in the South Caucasus
Accor | November 30, 2023
Accor, a world-leading hospitality group, today announces the signing of a cooperation agreement with Mardi Holding, one of Georgia’s largest development companies, to open a Handwritten Collection hotel on the Black Sea coast in Batumi, Georgia in 2026. Launched in January 2023, the Handwritten Collection brand represents a unique portfolio of exclusive hotels with an individual style. Handwritten Collection properties offer guests an intimate and stylish hospitality experience from local hoteliers. “We are proud to announce the signing of a Handwritten Collection property in Batumi – the first hotel under the exquisite Handwritten C...
PENN Entertainment Announces Groundbreaking Ceremony for Relocated Hollywood Casino Aurora
Hollywood Casino Aurora | November 29, 2023
WYOMISSING, Pa. & AURORA, Ill.--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the future Hollywood Casino Aurora on November 29, 2023 at 2:45pm CT. The entirely new land-based casino, hotel and entertainment facility will replace the Company’s nearby riverboat casino when completed. The $360 million regional destination is being developed adjacent to the Chicago Premium Outlets, which attracts over eight million visitors annually, and is conveniently located near Interstate 88 in Aurora. The best-in-class facility will feature roughly 1,200 ga...
Hilton Expands Mexico Presence With Signing of Two Tapestry Collection by Hilton Hotels in Baja California
Hilton | November 29, 2023
Perla La Paz, Tapestry Collection by Hilton and Tropicana Los Cabos, Tapestry Collection by Hilton mark the brand’s arrival in the region adding to the company’s Baja California portfolio of award‑winning hotels BAJA CALIFORNIA, Mexico and MCLEAN, Va. – Today, global hospitality leader Hilton (NYSE: HLT) announced the signings of two franchise agreements for the upcoming conversions of the 90-room Perla La Paz, Tapestry Collection by Hilton in La Paz and 70-room Tropicana Los Cabos, Tapestry Collection by Hilton in San Jose del Cabo. Expected to open in early 2024, the properties will mark the debut of Tapestry Collection b...
Why Luxury Hotel Brands Are Hot on India
JLL | November 28, 2023
Hotel operators are looking to ride the boom in domestic travel India is becoming a top destination for luxury and ultra luxury hotel companies, driven by a surge in domestic travel and the growing affluence of the Indian middle and upper classes. New ultra-luxury hotel openings are set for next year in cities across the country, including from notable operators like Waldorf Astoria and Raffles. These luxury hotels get their “ultra” from elements such as exquisite design, personalized services, Michelin-starred restaurants, and high-end spas. The emergence of India as an ultra-luxury hotel destination can be attributed largely t...
Accor Partners With Allenort Group for New Mövenpick Hotel in the Heart of Gdynia
Accor | November 28, 2023
Accor, the world's leading hotel group, and Allenort Group have signed an agreement for a new hotel and service complex in Gdynia. The planned hotel investment, representing Mövenpick standard, will be situated in the very center of the city, by the sea, in the most prestigious part of Gdynia. The future facility will offer high-quality hotel services to tourists and business guests, featuring 176 rooms with a rich F&B offer, conference and banquet halls, a spa with a pool and treatment rooms, as well as underground parking. The investor received business advisory support from the HIDA Company. Patrick Mendes, CEO Europe & North...
Hilton Expands in Türkiye With More Than 1600 Rooms Planned Under Five of Its Brands
Hilton | November 28, 2023
Hilton announces Turkish pipeline hotels under its Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton and Hampton by Hilton brands New projects include Hilton Istanbul Airport, a remarkable 491-room addition under the flagship brand in Türkiye’s busiest transport hub Les Temps Istanbul Karakoy, Curio Collection by Hilton, is planned in Istanbul's historic Karaköy neighbourhood DoubleTree by Hilton Hotel and Suites Istanbul Altunizade, expected to open in 2024, will join 29 trading hotels under the DoubleTree by Hilton brand in Türkiye Tapestry Collection by Hilton pr...
Margaritaville and Karisma Partner With Island Shipping to Develop Margaritaville Island Reserve Resort Roatan, Bay Islands, Honduras
Margaritaville | November 28, 2023
ROATAN, BAY ISLANDS, HONDURAS – NOV 28, 2023 – Margaritaville and Karisma Hotels & Resorts are excited to announce plans to debut the newest all-inclusive resort under the Island Reserve® Inclusive Collection: Margaritaville Island Reserve® Resort Roatan, Bay Islands, Honduras. This destination will complement Karisma and Margaritaville’s footprint in Mexico, Belize, and the Dominican Republic, joining Margaritaville Island Reserve® Resort Cap Cana, Margaritaville Island Reserve® Resort Riviera Cancun, Margaritaville Island Reserve® Resort Riviera Maya, and Margaritaville Beach Resort Ambergris Caye, Belize. “We are ...
PENN Entertainment To Celebrate Groundbreaking for New Hotel at Hollywood Casino Columbus
Hollywood Casino Columbus | November 27, 2023
WYOMISSING, Pa. & COLUMBUS, Ohio--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for a new hotel at Hollywood Casino Columbus on November 28, 2023 at 1pm ET. “We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino Columbus,” said Jay Snowden, CEO and President of PENN Entertainment. “Since opening in 2012, our Columbus property has experienced tremendous growth, and the addition of a hotel at Hollywood Casino Columbus will create a true regional destination.” The hotel, with an estimated budget of a...
RESET Breaks Ground on Flagship Boutique Hotel Next to California’s Joshua Tree National Park
| November 22, 2023
Hotel, resort, and residential management company, Sightline Hospitality will lead operations for the new 65-room property SAN FRANCISCO, CA; November 21, 2023 – RESET, a new hotel brand, has broken ground on its first property on 180 acres of private desert next to Joshua Tree National Park. This 65-room property will serve as the flagship for the RESET brand co-founded by Ben Uyeda. Sightline Hospitality has signed on as the operator bringing a wealth of boutique lifestyle hotel experience to this dramatic desert project. This project combines state-of-the-art steel frame modular construction, a modern and minimalist approach to design...
Onyx Hospitality Group Signs Amari Vientiane in Laos
ONYX Hospitality Group | November 22, 2023
London, November 2023 – ONYX Hospitality Group, a prominent player in the Asian hospitality industry, has achieved a significant milestone with the signing of Amari Vientiane in Laos, marking the group's second Amari brand property in the country, complementing Amari Vang Vieng. The signing ceremony took place on 16th November 2023 at Tang Chareon (TCR) Group's office in Laos, with Mr. Houa Sengaroun, Chairman of Tang Chareon (TCR) Group, Mr. Pheutsapha Phoummasak, President of Asia Investment, Development & Construction Sole Co., Ltd., and Mr. Yuthachai Charanachitta, CEO of ONYX Hospitality Group, reaffirming ONYX's commitment to exp...
IHG Partners With Zhancheng Tourism Development for Eco-Friendly InterContinental Sabah Kota Kinabalu Resort
IHG | November 21, 2023
Stunning new destination resort has sustainability at its heart and marks key milestone in IHG’s Luxury & Lifestyle growth in Malaysia Kuala Lumpur, Malaysia – 21 November 2023: IHG Hotels & Resorts is proud to introduce stunning eco-friendly InterContinental Sabah Kota Kinabalu Resort, in partnership with leading Taipei real estate broker Zhancheng Tourism Development, a subsidiary of Sinyi Realty Inc., a listed real estate brokerage company in Taipei. The 450-room new-build beachfront resort, located in Kota Kinabalu, capital of Sabah state in northern Borneo, marks a new milestone in the impressive growth of IHG’s L...
Higher-End Chain Scale Projects Dominate the Middle East Hotel Construction Pipeline, Reaching Record Highs at Q3 Close
Lodging Econometrics | November 21, 2023
November 21, 2023 – PORTSMOUTH, NH – According to the Q3 2023 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the third quarter, the hotel construction pipeline in the region stands at 585 projects/139,582 rooms. Project counts in the region are up 9%, while room counts show a 3% increase year-over-year (YOY). Projects presently under construction stand at 320 projects/83,760 rooms. Projects scheduled to start construction in the next 12 months stand at 103 projects/24,041 rooms, up 18% by projects and 11% by rooms YOY. Projects in the early planning stage stand at 162 projects/31,781 rooms,...
Hyatt Signs With Hoteles Color Especial for Development of Thompson Seville in Spain
Thompson Hotels | November 20, 2023
The fourth planned Thompson Hotel in Europe will build on Hyatt’s intentional brand growth in the luxury and lifestyle segment across Europe CHICAGO (November 20, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Hoteles Color Especial S.L. for Thompson Seville. This new hotel will mark the first Hyatt hotel in the fourth-largest city in Spain, and one of the most attractive locations in Spain, which is the second-largest tourist destination in the world. Anticipated to open in 2026, the 101-room luxury lifestyle property will be the fourth Thompson Hotels pr...
Europe’s Hotel Construction Pipeline Shows Slight Year-Over-Year Increases in Project Counts at Q3 2023
Lodging Econometrics | November 20, 2023
November 20, 2023 – PORTSMOUTH, NH – In the Q3 2023 Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE), analysts state that Europe’s total construction pipeline currently stands at 1,673 projects/249,264 rooms, up 1% by projects year-over-year (YOY). The luxury, upper upscale, upscale, and economy chain scales in Europe all show YOY increases in project counts compared to Q3 2022 totals. Luxury projects increased 2% YOY, just ten projects short of the segment’s all-time high, closing the quarter with 139 projects/18,515 rooms. The upper upscale chain scale increased 3% by projects YOY, with 284 projects/46,717 ro...
IHG and AWC Grow Partnership With Agreement to Open InterContinental and Kimpton Brands in Chiang Rai
IHG | November 16, 2023
InterContinental and Kimpton brands to debut in Thailand’s famed Golden Triangle area Bangkok, Thailand – 16 November 2023: IHG Hotels & Resorts (IHG), one of the world’s leading hospitality companies, and Asset World Corp Public Company Limited (AWC), renowned as Thailand’s leading integrated lifestyle real estate group, extend their long-standing partnership with a landmark agreement to open two new luxury hotels in Chiang Rai, Thailand. Opening in 2025, InterContinental Chiang Rai Golden Triangle Resort will offer 68 one- and two-bedroom pool and plunge pool villas. Kimpton Chiang Rai Golden Triangle, which currently op...
Lendlease and IHG Army Hotels Break Ground on Candlewood Suites Hotel at Fort Liberty
Lendlease | November 16, 2023
Expected to open in early 2026, the 207-room hotel will be the 17th Candlewood Suites in Lendlease and IHG’s Privatized Army Lodging portfolio. (Nashville, Tenn., November 16, 2023) – Lendlease, a global integrated real estate group, and IHG® Army Hotels announced today they have broken ground on a Candlewood Suites® hotel at Fort Liberty in North Carolina. Expected to open in early 2026, the 207-room hotel is the 17th Candlewood Suites property Lendlease and IHG have partnered on since 2009 as part of the Privatization of Army Lodging (PAL) initiative, a U.S. Army-led, public-private venture to revitalize on-post lodging for serv...
Jackson-Shaw Announces Development of Dual-Branded Hotel in Las Vegas’ Symphony Park
JACKSON-SHAW | November 16, 2023
AC Hotel by Marriott and Element by Westin groundbreaking set for January, with the opening in late 2025 LAS VEGAS, NEVADA (November 16, 2023) – Jackson-Shaw, a national real estate developer headquartered in North Texas, announces the development of the dual-branded AC Hotel by Marriott Symphony Park and Element by Westin Symphony Park in Las Vegas. The two hotels connected under one roof are located on the south side of South Grand Central Parkway and Symphony Park Avenue between the World Market Center and The Smith Center for the Performing Arts. Groundbreaking is set for January 2024, with opening in late 2025. “Symphony Park is an...
Radisson Hotel Group Expands Portfolio in Greece With Signing of Radisson Blu Resort, Mani
Radisson Hotel Group | November 15, 2023
Radisson Hotel Group solidifies its position as the leading international hotel group in Greece with the signing of Radisson Blu Resort, Mani. The new-build, 150-room beach resort, scheduled to open during the 2025 season, is the fifth Radisson Blu property in Greece. Providing guests with all they require for a memorable stay, the Radisson Blu Resort, Mani will offer a plethora of dining experiences in an all-day restaurant, a beachside terrace restaurant, and pool bar. Guests can unwind and soak up the sun while lounging by the swimming pool in addition to an expansive fully serviced beach or find serenity in the onsite wellness and fi...
Zachry Hospitality Breaks Ground on The Monarch San Antonio
ZACHRY HOSPITALITY | November 15, 2023
The boutique hotel will be a Curio Collection by Hilton The hotel is projected to open in early 2026 SAN ANTONIO, TX (November 15, 2023) - Zachry Hospitality is pleased to announce it officially broke ground on the highly anticipated Curio Collection by Hilton hotel in downtown San Antonio. The new 200-room, 17-story boutique hotel located at Hemisfair has officially been named The Monarch San Antonio. The Monarch is set to open in early 2026. Named for the Monarch butterfly that migrates through the San Antonio region each winter, the hotel is designed to be a convergence point for visitors and locals alike, drawing people together th...
Record-High Counts in China’s Hotel Construction Pipeline; Upscale and Upper Midscale Chain Scales Also Reach Peak Totals in Q3
Lodging Econometrics (LE) | November 14, 2023
November 14, 2023 – PORTSMOUTH, NH – In the Q3 2023 China Construction Pipeline Trend Report by Lodging Econometrics (LE), at the end of the quarter, China’s total construction pipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY). The record-high projects in the total pipeline can be attributed to the number of upscale and upper midscale chain scale projects, which both hit project and room count peaks this quarter. The upscale chain scale ended Q3 with a total of 850 projects/198,277 rooms, and the upper midscale chain scale has 1,222 projects/194,515 rooms....
Why Rate Parity Still Has To Be “The Law of the Land” in Hospitality?
Max Starkov | November 14, 2023
By Max Starkov There was a recent discussion on LinkedIn about the need for maintaining rate parity in hospitality and its implications. Just to clarify for the non-revenue management folks here, Rate Parity traditionally means maintaining the same publicly available rate for the same room/same stay across all public distribution channels i.e. channels available to any member of the public that is not a loyalty member or member of some guest appreciation or reward program. Rate Parity is not a new online policy specifically designed for the OTAs. It existed long before the “commercial internet" came into being and there was only ...
Hard Rock International and Steinhauer Properties to Develop First Full-Service Hotel Built in Long Beach in 30 Years
Hard Rock | November 14, 2023
LONG BEACH, Calif., Nov. 14, 2023 -- Today, Hard Rock International in partnership with Steinhauer Properties announced development plans to open the Hard Rock Hotel Long Beach, the first new-build full-service hotel built in Long Beach, California in 30 years and the first new Hard Rock Hotel property in Southern California in almost a decade. Set to begin construction in Summer 2024 with plans to open in Spring 2027, this upscale property will be a unique entertainment destination set in the heart of downtown Long Beach, adjacent to the convention center. "We're grateful to Mayor Rex Richardson, the City Council and our partners f...
