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
Accor Signs With SK Development to Open First Swissôtel in Kyrgyzstan
Accor | October 6, 2023
Accor, a world leading hospitality group, announces the signing of a cooperation agreement with SK Development to open the first Swissôtel in Kyrgyzstan, which will be located on the shore of Issyk-Kul, one of the largest lakes in Central Asia. Combining Swiss hospitality, excellent service and stylish modern design, the 5-star hotel will offer its guests exceptional recreational and wellness services on the shores of the magnificent Issyk-Kul Lake. “With the signing of the new Swissôtel, we are strengthening Accor's leading position in the region and making a significant contribution to the tourism industry of Kyrgyzstan. Issyk-Kul La...
IHG and WING Partner to Bring Hotel Indigo and Holiday Inn Express to Budapest
IHG | October 5, 2023
(5 October, Munich) IHG Hotels & Resorts, one of the world’s leading hospitality companies and WING, a leading property development and investment group in Central Europe, are proud to announce the signing of Hotel Indigo Budapest Andrassy and Holiday Inn Express Vagohid. Signed at real estate trade fair, EXPO Real 2023, both properties mark brand debuts to Hungary, demonstrating investment and growth in the premium and essentials hotel segments. In the city’s sixth district, Hotel Indigo Budapest Andrassy will open in the second quarter of 2028, with 103 guest rooms, a bar and a restaurant. The property will enjoy a prime locat...
IHG Partners With MMS Land to Debut Vignette Collection in Indonesia
IHG | October 3, 2023
Jakarta, Indonesia – 03 October 2023 – IHG Hotels & Resorts – one of the world’s leading hotel companies with more than 6,000 open hotels across 100 countries – is proud to partner with MMS Land, to debut the first Vignette Collection hotel in Indonesia. Rumah Luwih Bali with its 74 rooms and suites will join the IHG system later this year, before fully converting to a Vignette Collection property in 2024 following an extensive refurbishment. Blending heritage and hospitality, the beachfront luxury colonial-style resort will be refreshed to offer an authentic, experiential, and considerate stay, as part of the growing Vig...
Historic Windermere House Swaps ‘Dinosaur’ Software for Enterprise Accounting Solution
Aptech Computer Systems, Inc. | October 3, 2023
PITTSBURGH, October 3, 2023 – Overlooking Lake Rosseau since 1870, the iconic Victorian landmark Windermere House needed to modernize its accounting and back-office functions in keeping with its status as Muskoka’s premiere hotel and resort. Management company B•Hospitality tapped Aptech’s PVNG enterprise accounting solution to keep the property’s accounting and financial systems on the same page internally and companywide as B•Hospitality prepares for further growth. “Shortly after acquiring ownership of this iconic resort earlier this year, we discovered that several of our systems, including our back-office accounting syst...
Kimpton Hotels & Restaurants Breaks Ground on New Boutique Hotel in Pacific Grove, California
IHG | October 2, 2023
ATLANTA (Oct. 2, 2023) - Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ luxury & lifestyle portfolio, breaks ground today for a new, boutique hotel in the Northern California coastal community of Pacific Grove, on the storied Monterey Peninsula. Marking the boutique hotel brand’s first property in the market, Kimpton Pacific Grove Hotel will exude elevated, laid-back vibes one can only find on the Central Coast of the Golden State and serve as a premier destination featuring locally inspired restaurant and bar concepts. The property is expected to open in late 2025. Owned and developed by Cypress 16, LLC in c...
MGM Resorts’ Joint Venture Signs Implementation Agreement for Integrated Resort in Osaka, Japan
MGM Resorts International | September 28, 2023
Marks Finalization of the Certification Process LAS VEGAS, Sept. 28, 2023 -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that Osaka IR Corporation, a joint venture with ORIX Corporation ("ORIX") established to develop the Osaka IR Project, signed an agreement with Osaka Prefecture and Osaka City to implement the Specified Integrated Resort Facilities Area Development Plan for Yumeshima, Osaka. MGM and ORIX, together with Osaka IR Corporation, will contribute to the sustainable growth and development of tourism and the economy of Osaka and the Kansai region, as well as Japan through this fir...
Marriott Continues Midscale Growth With Launch of Four Points Express by Sheraton Brand
marriott international | September 27, 2023
Marriott International, Inc. (Nasdaq: MAR) today announced the launch of Four Points Express by Sheraton, designed for the midscale segment. This new brand is a response to growing consumer demand for reliable yet affordable accommodation in Europe, the Middle East and Africa. Consistent with the company’s approach to meeting the needs of guests with regionally relevant lodging products for every stay purpose, the announcement follows the company’s recent move into the affordable midscale space with City Express by Marriott in the Caribbean and Latin America and the announcement of its plans for StudioRes in the U.S. & Canada. Four ...
Bunkhouse Unveils Plans for Hotel Daphne in Houston, Texas
Bunkhouse | September 27, 2023
Houston, TX (September 27, 2023) – Bunkhouse, the Austin-based hospitality company known for its commitment to design, music, and authentic community-driven experiences, is unveiling today plans for its latest boutique, Hotel Daphne, scheduled to welcome guests in early 2025. This addition marks Bunkhouse's second hotel project in Houston, following the highly anticipated opening of Hotel Saint Augustine in Montrose’s Museum District in the fall of 2024. Centrally located at 347 West 20th Street, Hotel Daphne will be nestled within the historic Houston Heights neighborhood near the bustling 19th Street shopping district, known for its lo...
Navigating the Investment Terrain: Trends in GCC Hotel Development Costs
Hala Matar Choufany | September 26, 2023
By Hala Matar Choufany, Filippo Sona Welcome to the world of hospitality development, where unique developments and unforgettable moments come to life. We are thrilled to introduce you to our latest publication, "Navigating the Investment Terrain: Trends in GCC Hotel Development Costs" where we delve deep into the intricate world of hotel development costs, unveiling the secrets that impact project costs and hotel values. In this joint publication, we outline the main hotel development expenses and recent trends in hotel development and design. Whether you are a seasoned developer, an aspiring hotelier, or simply an enthusiast curious ...
Sonesta Announces Plans for Larimar City & Resort in the Dominican Republic
Sonesta | September 25, 2023
New Multi-use Development to Feature The Royal Sonesta and The James Brands as well as Residences NEWTON, MA [September 25, 2023] – Sonesta International Hotels Corporation (Sonesta) today announced plans for Larimar City & Resort, a new multi-use development that marks the company’s entry in the Dominican Republic. Anchoring this development will be new Royal Sonesta and James hotels, two of Sonesta’s luxury and lifestyle brands. “This development leverages two of our premier brands, The Royal Sonesta and The James, to grow our footprint in Latin America and the Caribbean, which is a strategic priority for Sonesta,” said ...
Bringing New Energy to The Meadowlands in Northern New Jersey
Patricia Shih | September 25, 2023
By Patricia Shih The new Meadowlands Convention Center development has been proposed for the former Izod Center site in the Meadowlands Sports Complex. This major mixed-use project, which has an estimated $1.6-billion development cost, is planned to feature a 460,000-square-foot convention center, a headquarters hotel, and potentially two additional hotels. This proposed development is anticipated to generate roughly $30 billion in spending over a 30-year period. The project must next be reviewed and approved at the state level. Local officials are enthusiastic about this opportunity to reinvigorate the Meadowlands and northern New Jers...
Hilton Signs With Annexum To Develop Two New Hotels in Rotterdam
Hilton | September 25, 2023
Mainport Hotel Rotterdam, Curio Collection by Hilton and DoubleTree by Hilton Rotterdam Centre To join Hilton’s portfolio in the Netherlands ROTTERDAM, Netherlands and MCLEAN, Va. – Hilton (NYSE: HLT) has signed a franchise agreement with Annexum to develop two hotels totalling 480 rooms in Rotterdam. Mainport Hotel Rotterdam, Curio Collection by Hilton and DoubleTree by Hilton Rotterdam Centre are due to open in 2024 following renovations, during which both hotels will remain operational and will be trading as Hilton affiliate hotels. Investment manager Annexum recently acquired the two hotels, which will become the first properties u...
Marriott International Signs Agreement To Open Two Luxury Properties in Trojena, The Mountains of NEOM
Marriott | September 25, 2023
Marriott International, Inc. announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia. The agreement includes Saudi Arabia’s first W Hotel, and a JW Marriott property. “We are excited to work with NEOM to develop these two exciting properties in one of the most highly anticipated developments in the world,” said Chadi Hauch, Regional Vice President, Lodging Development, Middle East, Marriott International. “W Hotels continues to redefine the luxury hospitality sector, and NEOM is an ideal fit with its vision centered aroun...
Hyatt Announces Plans for First Hyatt House Hotel in Australia
Hyatt House | September 22, 2023
Ideally located on the doorstep of the Central Business District, Hyatt House South Melbourne will offer guests everything they need for short or long-term stays CHICAGO (September 22, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into an agreement with an affiliate of Holder East Ltd for a Hyatt House hotel in Melbourne, Australia. Expected to open in 2025, the 97-guestroom Hyatt House South Melbourne will mark the entry of the Hyatt House brand in the country, demonstrating Hyatt’s growth of its select service brands in the Asia Pacific region. Purposely designed for guests seeking ...
Development Launched for Club Med Tinley, the First Club Med Resort in South Africa
Club Med | September 22, 2023
The hospitality landscape in South Africa is about to be redefined with the upcoming launch of Club Med Tinley, the first Club Med resort in the country, with a distinctive combination of beach and safari experiences. This ground-breaking development is a result of a collaborative partnership between the esteemed operators, Club Med, and the Collins Residential Consortium, developers of Club Med Tinley. As the first of its kind in the country, this all-inclusive resort is poised to make contributions to the region, ushering in opportunities for job creation and sustainable growth. Club Med, the renowned pioneer in all-inclusive holidays, ha...
The City of Raleigh, North Carolina Selects Omni Hotels & Resorts for 550-Room Convention Hotel
About the Greater Raleigh Convention and Visitors Bureau (Visit Raleigh): | September 21, 2023
Raleigh, N.C. (Sept. 21, 2023) – The Raleigh City Council voted today to direct the City of Raleigh staff to enter into negotiations with Omni Hotels & Resorts, in partnership with Preston Hollow Community Capital and Provident Resources Group, to develop the highly anticipated convention hotel in the core of downtown Raleigh. The dynamic addition to the Raleigh skyline will be built on an over one-acre lot across from the Raleigh Convention Center and Martin Marietta Center for the Performing Arts at the end of Fayetteville Street. Expected to open in 2027, the Omni Raleigh Hotel will be a great addition to Omni’s growing portfolio o...
Sports Illustrated Resorts and Travel + Leisure Co. Launch the Ultimate Sports-Themed and Active Lifestyle Resort Network in Leading U.S. College Town
Sports Hospitality Ventures | September 20, 2023
ORLANDO, Fla. (Sept. 20, 2023) – Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, and Sports Hospitality Ventures, LLC, hotel and resorts licensee for the Sports Illustrated brand across North America and the Caribbean, introduced a new concept for a network of future sports-themed resort and lifestyle complexes located in popular college towns near universities with devoted fan bases. Every Sports Illustrated Resorts campus is expected to feature a full-service hotel, a vacation club, and residential condominiums – all of which will share a unique, cohesive design that immerses guests and ...
Hyatt Plans Growth in Luxury and Lifestyle Brand Footprint With a Development Pipeline of More Than 30 Planned Hotels and Resorts in the Americas Regi
Hyatt | September 19, 2023
CHICAGO (September 19, 2023) – Hyatt Hotels Corporation (NYSE: H) continues to strategically grow its luxury and lifestyle brand footprint with a strong development pipeline of more than 30 planned hotels and resorts in the Americas region through 2025, including the expansion of Hyatt brands into new markets. Over the last five years, globally, Hyatt has doubled its number of luxury rooms, tripled the number of resort rooms, and quadrupled the number of lifestyle rooms – and the momentum continues. Hyatt is the fastest growing luxury portfolio, with luxury, lifestyle, and resort hotels now making up over 40% of Hyatt's portfolio, rein...
Ennismore To Open Second Mama Shelter in Los Angeles With the Signing of New Property
ENNISMORE | September 19, 2023
Ennismore, the fastest-growing lifestyle hospitality company, and partner Shivom LLC, today announced the signing of Mama Shelter Downtown LA, set to open in 2026. The second Mama Shelter hotel in the city comes following the success of Mama Shelter LA, which opened in May 2015 in Hollywood. Transforming the existing Mart South Building in Downtown LA, the new Mama Shelter will boast 149 keys, including 145 standard rooms and four suites in Mama’s signature sassy and flamboyant style. A haven for people of all ages, Mama Shelter Downtown LA will offer three festive F&B outlets to party and play with an all-day dining restaurant and ...
Hyatt Adds Hotels in New Markets with Hyatt Place and Hyatt House Openings Across the U.S.
hyatt place | September 18, 2023
CHICAGO--Hyatt Hotels Corporation (NYSE: H) announced today the continued strategic growth of the Hyatt Place and Hyatt House brands throughout 2023. This growth includes expanding the brand’s footprint in the U.S. in new markets where there are no Hyatt hotels and the thoughtful expansion of airport locations in key markets. Today’s news comes on the heels of Hyatt announcing significant progress in the development of the Hyatt Studios brand, the latest select service brand in the Hyatt portfolio, including executed franchise agreements for the first locations in Mobile, Ala. and Marysville, Calif., emphasizing Hyatt’s strategy of ...
New Data Shows Investment Returning to Global Tourism Sector
UNWTO | September 14, 2023
Investment in the global tourism cluster has started to bounce back from the lows it touched during the pandemic off the back of the steady recovery of international tourist arrivals, according to a newly released report jointly produced by UNWTO and fDi Intelligence. The report, which is based on data from fDi Markets, fDi Intelligence's proprietary database of greenfield FDI projects, as well as international tourism data from UNWTO, provides a broad overview of the ongoing investment cycle in the tourism sector, breaking down investment figures by region, segments and companies. Key findings include: Both FDI project numbers and job ...
Marriott Partners With AlUla Development Company to Bring an Autograph Collection Property to Saudi Arabia
Autograph Collection Hotels | September 14, 2023
Marriott International, Inc. has announced it has signed an agreement with AlUla Development Company (UDC), fully owned by the Public Investment Fund (PIF), to open an Autograph Collection property in Saudi Arabia. Expected to open in 2025, the hotel will be located in the heart of downtown AlUla. Located in northwest Saudi Arabia, AlUla is a popular travel destination offering adventure and exploration. The vast area offers a lush oasis valley, towering sandstone mountains, historical dwellings, and ancient cultural heritage sites dating back thousands of years. “We are delighted to work with AlUla Development Company to bring Autogr...
Marriott International Signs Agreement With Pt. Pakuwon Jati Tbk. to Build Three Properties in Indonesia’s New Capital City
Marriott International, Inc. | September 13, 2023
The signing marks Pakuwon Jati and Marriott International’s expected entry in Ibu Kota Nusantara Marriott International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara. The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk. Alexander Tedja. “We are thrilled to be working with PT. Pakuwon Jati Tbk. on this landmark agreement,” said Ramesh Jackson, Area Vice President, Indonesia and M...
Four Seasons and Cisneros Real Estate to Develop New Luxury Resort and Residences in the Dominican Republic
CISNEROS REAL ESTATE | September 12, 2023
Four Seasons and Cisneros Real Estate (Cisneros) announce plans for the development of Four Seasons Resort and Residences Dominican Republic at Tropicalia, a sustainable luxury destination located on a 60-acre (24 hectare) site along the pristine beachfront of Playa Esmeralda in northeastern Dominican Republic, along the southern shores of Samaná Bay. The project will combine the globally renowned hospitality and service of Four Seasons and Cisneros’ decades of business and investment in the Dominican Republic, Latin America and the United States. With construction underway, the project is slated to open in early 2026. Featuring a tro...
