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
Rebranded Hotel JAL City Bangkok to Open 2nd Quarter of 2020
Hotel Okura Co., Ltd. | December 2, 2019
TOKYO--December 2, 2019--Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., and Grand Tower Enterprise Co., Ltd. have signed an agreement covering the operation of one of Grand Tower Enterprise’s hotels. Currently operating as “Hotel Verve Bangkok”, the property will be rebranded as “Hotel JAL City Bangkok” and reopened as an Okura Nikko Hotel Management property from 2nd quarter of 2020. The agreement was signed on November 15, 2019. Hotel JAL City Bangkok is situated adjacent to Hotel Nikko Bangkok, which was opened in January this year. Thonglor BTS Skytrain station is just a three minute walk aw...
Radisson Hotel Group Establishes Strategic Joint Venture for Expansion in Germany and Austria
FAY Projects | December 2, 2019
Brussels/ Frankfurt - December 2, 2019 - Radisson Hotel Group, one of the largest and most dynamic hotel groups in the world, is delighted to announce the establishment of a strategic joint venture for operating hotels in Germany and Austria. This fantastic new partnership with local partners will open opportunities for Radisson Hotel Group to accelerate their growth ambitions. The group is looking forward to boosting their roll-out of the Radisson and Radisson RED brands in the German speaking region (D-A-CH). The exciting venture will kick off with the signing of the Radisson Hotel Leipzig, which will be developed by Fay projects GmbH and ...
Hospitality Financial Leadership: Hotel Franchise/Management Fees & 20 Years Is a Long, Long Time
David Lund | December 2, 2019
By David Lund Being a branded or franchised hotel is an expensive endeavor. Especially when you consider the average agreement is 20 years in duration and you’re on the hook for the fees outlined in your agreement plus anything else the management company throws at you. When I say on the hook, I mean they can literally charge you for whatever they want as long as they determine it is in your best interest. This is the basic concept that forms the meat of the management or franchise agreement. When you consider the cost of the fees there are some terms you will want to get familiar with. Terms that are part of your hotel management ...
EPELBOIM Celebrates Groundbreaking of EVEN® Hotel in Atlanta
EPELBOIM | November 26, 2019
ATLANTA, GA (November 26, 2019) – EPELBOIM and IHG® (InterContinental Hotels Group) broke ground last month on a new EVEN® Hotel property in Atlanta. An innovative hotel, created with wellness at its core, will open in early 2021 in the Cobb Galleria area of Atlanta, Georgia. Dignitaries, executives and other key players who are instrumental in the upcoming hotel concept, attended the October 24, 2019 groundbreaking event. The roster of VIPs included: Arik Kono, Regional Vice President of Upscale Development for IHG; Eric Young, president and CEO of Reeves & Young; Jon Kurperus, Project Manager for Claro Development; Lamar Wakefield, ...
Hyatt Signs With UBM Development for Andaz Prague Marking Brand Debut in Czech Republic
Andaz | November 26, 2019
CHICAGO (November 26, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement for the first Hyatt property in the Czech Republic. The “Sugar Palace” hotel project, currently being developed by UBM Development AG, will become the new Andaz Prague. Located at Senovážné Square, only a short walk from Prague’s world-famous Old Town, the 175-room hotel is expected to open in 2022. Andaz Prague will be among the first luxury lifestyle hotels in the Czech capital. A juxtaposition of heritage and modernity, and echoing the sights, sounds, scents and tastes of its surround...
Rosewood Hotels & Resorts Partners With Arkaz Investment for Rosewood Doha Opening in 2022
Rosewood Hotels & Resorts | November 26, 2019
HONG KONG, Nov. 26, 2019 -- Rosewood Hotels & Resorts® opens the next chapter of its Middle East expansion with its appointment to manage Rosewood Doha and Rosewood Residences Doha, opening in Lusail City in 2022. Partnering with Arkaz Investment, this latest jewel in the collection's crown will bring Rosewood's signature contemporary ultra-luxury hospitality to the dynamic Middle Eastern powerhouse of Qatar. The design concept of the Rosewood hotel and branded residences is based on underwater forms, specifically the local coral formations. The organic architectural design approach is aimed at respecting the site and its surroundin...
Radisson Signs With Barnes Capital to Introduce Radisson RED to Australia
Radisson Hotel Group | November 26, 2019
Singapore - November 26, 2019 - Radisson Hotel Group is set to introduce its contemporary and creative Radisson RED brand to Australia for the first time, following the signing of Radisson RED West Perth. Scheduled to open in 2022, the hotel will allow guests to keep their fingers on the pulse with a great location, interactive spaces, seamless connectivity and a focus on local art and culture. This upscale hotel will offer 129 rooms, featuring bold designs and unconventional yet functional touches. Guests will be able to relax at the hotel’s buzzing restaurant, cool off in the swimming pool and chill out at the rooftop bar. For busin...
Hard Rock Partners With The United Company to Develop Hard Rock Casino Bristol
Hard Rock® | November 25, 2019
HOLLYWOOD, Fla., Nov. 25, 2019 - Hard Rock International, a global leader in the entertainment and hospitality industry, is pleased to announce a partnership with the Bristol Resort & Casino team to create Hard Rock Casino Bristol. Once final approval is received from the Commonwealth of Virginia and the citizens of Bristol, Virginia, Hard Rock, working with the local ownership group, will operate the proposed resort and casino. "We are excited to collaborate with Hard Rock, a well-respected and legendary entertainment brand with legions of devoted customers across the country and around the world," said Jim McGlothlin, CEO of The Un...
Shangri-La Group and Shanghai Airport Authority Sign Co-Operation Agreement For Shanghai Airport Shangri-La Hotel Project
Shangri-La Group | November 25, 2019
Hong Kong, November 25, 2019 – Today, Shanghai Airport Authority and Shangri-La Group announced the official signing of a co-operation agreement for the Shanghai Hongqiao Airport Shangri-La hotel project. Leveraging on the developmental plans of the Hongqiao Business District and Shanghai Hongqiao integrated transportation hub, the new Shangri-La hotel will be an ideal venue for meetings, incentives conferences and events, plus offer the perfect catering space for social functions to locals and travelers alike. Construction is expected to commence in 2020. The hotel is targeted to be completed and operational in 2023. Located in the nort...
Resorts World Las Vegas Unveils Updated Plans for $4.3 Billion Resort-Casino
Resorts World Las Vegas | November 22, 2019
LAS VEGAS, Nov. 22, 2019 -- Resorts World Las Vegas has unveiled updated plans for the US$4.3 billion luxury resort-casino to include new amenities such as a 5,000-capacity state-of-the-art theater scalable to host A-list residencies and corporate events; a dynamic 75,000-square-foot nightlife and daylife concept; a 50-foot diameter video globe which will display over 6,000 square feet of captivating LED content; and additional luxury suites, villas and penthouses with individual lobby experiences, open balconies and a sky casino. Projected to open in Summer 2021, Resorts World Las Vegas will combine traditional and modern architecture, weav...
Hyatt Signs With Xuan Mai to Develop Dual-Branded Hyatt Place and Hyatt House Hotel in Ho Chi Minh City
Hyatt Place | November 22, 2019
CHICAGO (November 22, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Xuan Mai Sai Gon Construction Investment Joint Stock Company (“Xuan Mai”) to develop a 300-key Hyatt Place Saigon, District 7 and 250-key Hyatt House Saigon, District 7 in one of Ho Chi Minh City’s largest districts. Planned for completion in 2023, the new hotels will be Hyatt’s first dual-branded Hyatt Place and Hyatt House hotel project in Southeast Asia and will also mark the entry of the Hyatt House brand in Vietnam. The Hyatt Place brand combines style, innovation and 24/7 ...
IHG Signs With Jindal Holidays for New Holiday Inn Resort in Corbett, Ramnagar
IHG ® | November 21, 2019
InterContinental Hotels Group® (IHG), one of world’s leading hotel companies has signed a management agreement with Jindal Holidays Private Limited for a new Holiday Inn Resort in Corbett, Ramnagar. The hotel will feature 100 keys and is expected to be operational by Q1 2023. The development marks the debut of Holiday Inn Resort brand in the oldest national park in India, which attracts significant number of visitors, annually. As a part of the growth plans, IHG has gained noteworthy momentum in India in last couple of years, with opening and signing of multiple hotels across brands, at various leisure and business destinations, positio...
Kimpton Hotels & Restaurants to Make Spanish Debut With 2020 Opening of Kimpton Vividora Hotel
Kimpton Hotels & Restaurants | November 21, 2019
Barcelona (Spain), 21 November 2019 - Kimpton Vividora Hotel will be the first hotel in Spain for the boutique luxury brand Kimpton Hotels & Restaurants, an IHG® brand. Located in the famous Gothic Quarter, with 156 beautifully appointed guest rooms and three distinct restaurants and bars, Kimpton Vividora Hotel is poised to be the most exciting hotel opening in Barcelona in 2020. Kimpton Vividora Hotel will be in the heart of Barcelona’s cultural and historical epicenter; the Gothic Quarter. This prime location is within walking distance to Las Ramblas, Barceloneta beach, La Boqueria, Plaça Catalunya, incredible shopping and th...
Pestana Hotel Group and Seabra Group Celebrate Groundbreaking of Pestana Ironbound Hotel in Newark, NJ
Pestana Hotel Group | November 21, 2019
NEWARK, November 21, 2019 – A ceremony took place yesterday for the future 109-room hotel in the Ironbound District of Newark. Developed by the Seabra Group and managed by Pestana Hotel Group, the Pestana Ironbound Hotel is located on 114-126 Monroe, Newark, New Jersey and is expected to open July 2021. “Following Miami and New York, we’re delighted to see our North American expansion plan on the East Coast moving forward with the construction of this new hotel in Newark in partnership with an excellent Group with whom we share origin, culture and entrepreneurial vision,” said Mr. Pestana during the ceremonial gathering. “Sin...
Serenade Caribbean Hotels to Debut Flagship Hotel With Opening of Serenade Punta Cana Beach & Spa Resort
Serenade Punta Cana Beach & Spa Resort | November 20, 2019
PUNTA CANA, Dominican Republic (Nov. 20, 2019) - The newly-formed Serenade Caribbean Hotels has announced the launch of its flagship hotel with the new five-star Serenade Punta Cana Beach & Spa Resort, a 603-room all-inclusive property scheduled to open in June 2020 in the pristine Punta Cana area of the Dominican Republic. Set along a premium section of Punta Cana, just 10 minutes from the Punta Cana Airport and 15 minutes from downtown, Serenade Punta Cana Beach & Spa Resort will offer families, couples and guests of all ages a complete vacation experience highlighted by luxurious accommodations, gastronomic specialties at six re...
Marriott International Signs With Asset World Corporation for Three Hotels in Thailand
Asset World Corporation | November 19, 2019
November 19, 2019 -- Marriott International, Inc. (NASDAQ: MAR) today announced it has signed agreements with Asset World Corporation (AWC), Thailand's leading integrated lifestyle real-estate group, to introduce three of its global hospitality brands to Thailand. The agreement would fuel the company’s expansion in Thailand with the addition of three hotels comprised of nearly 1,550 rooms expected to open between late 2020 and 2024. Under the agreements, AWC is expected to open a 248-room Courtyard by Marriott in late 2020 in Phuket, as well as a 900-room Marriott Marquis hotel and a 398-room JW Marriott hotel both in Pattaya. “We...
IHG to Enter New Caledonia With Signing of Three Hotels Opening 2021 to 2024
IHG | November 18, 2019
IHG will make a grand entrance into New Caledonia with the signing of three hotels that will open between 2021 and 2024, bringing the world’s biggest and best hotel brands to the region. The new-build InterContinental® Lifou Wadra Bay Resort will be a 50-room luxury hotel located on the scenic Lifou, the largest island of the Loyalty Islands. Designed by both local architect, Atelier 13, and renowned interior designer, Chada, the resort is already under construction and will open in November 2021, featuring luxurious rooms, lagoon-front suites, all-day dining, a fine dining restaurant and bar, along with a gym, spa and an outdoor pool. ...
Hospitality Financial Leadership: Chapter Two – Incompetence
David Lund | November 18, 2019
The chapter below is an excerpt from my new book. It’s fiction but some of the characters and story lines are based on people I have worked with and events that have taken place in the hotels I have worked in. The book is a fable about a hotel manager who has some very bad habits. He must change in order to survive and the book takes him and you through the lessons needed to be a great hospitality financial leader. I’m writing ahead each month so I’m not sure how the book will end. I hope you enjoy it and if you missed any earlier chapters you can find them on my website blog tab. The weekly executive committee meeting in my hote...
Hard Rock International Signs With EP Real Estate for Hard Rock Hotel Prague
Hard Rock | November 18, 2019
Hard Rock International continues the growth of its ever-expanding European hotel portfolio with the exciting announcement of Hard Rock Hotel Prague, set to open its doors in the energetic capital in 2023. Augmenting its 75-country brand presence, Hard Rock has announced its latest venture into the Czech Republic, bringing the signature Hard Rock energy to this dynamic cultural hub. Located within the wider city center, the expansive hotel, with an impressive 523 rooms and suites, will boast magnificent views overlooking Letna Park and the spectacular Prague Castle from the hotel’s sophisticated rooftop Sky Bar. Alongside the Sky B...
Four Seasons and Oakmont Break Ground on Resort and Private Residences in Cabo Del Sol
November 14, 2019
Toronto, Canada - November 14, 2019 -Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, and Oakmont Corporation, a Los Angeles-based family office, today announced plans for Four Seasons Resort and Residences Cabo San Lucas at Cabo Del Sol. Situated on the southern tip of Mexico’s Baja California Peninsula, nestled in the centre of the famed Los Cabos Corridor between Cabo San Lucas and San José del Cabo, the new-build 80-key Resort with 40 Private Residences is targeted to open in 2022 and will sit on more than 50 oceanfront acres (20 hectares) within Cabo Del Sol’s new private beachfront community, Th...
Motto by Hilton Atlanta Old Fourth Ward Celebrates Groundbreaking in Atlanta
Motto by Hilton | November 14, 2019
MCLEAN, Va. - This week, Hilton (NYSE: HLT) celebrated the groundbreaking of one of the first Motto by Hilton hotels, in the Old Fourth Ward neighborhood of Atlanta. The 146-room Motto by Hilton Atlanta Old Fourth Ward (O4W), slated to open in 2021, will join Waldo’s, an $80 million modern mixed-use development project that will include food and beverage outlets and commercial and residential spaces. The development is led by Lucror Resources and equity partner Sixty West. The hotel will be operated by Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company. To commem...
Marriott to Expand Its All-Inclusive Portfolio to Jamaica and Curaçao With Signings of Two New-Build Oceanfront Resorts
Marriott International | November 14, 2019
Marriott International, Inc. (NASDAQ: MAR) today announced it has signed contracts with hotel developers to open two all-inclusive, oceanfront resorts in the Caribbean – an 800-room Marriott Hotel in Jamaica and a 283-room Autograph Collection on Curaçao. The 800-room Marriott Hotel Al Amaterra is planned on a beachfront site within the Amaterra Resort, a mixed-use development along the North coast of Trelawney, Jamaica. The site features about three miles of pristine beachfront. The hotel’s owner/developer, Amaterra Group, expects to commence construction in early 2020. “The signings for these two incredible, all-inclusive resor...
IHG Partners With Ho Tram Project for Two Hotels on Vietnam’s Ho Tram Strip
IHG | November 12, 2019
IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, signed agreements with Ho Tram Project Company Limited (HTP) to rebrand The Grand Ho Tram at the Ho Tram Strip integrated resort to InterContinental Grand Ho Tram within a year after refurbishments. A new build Holiday Inn Resort Ho Tram Beach will also open in 2020. The signing reinforces IHG’s growth in resort locations in Vietnam, and strengthens its presence in the region. Serena Lim, Vice President, Development for IHG South East Asia & Korea, commented: “This signing marks a new milestone in our growth in Vietnam, as we welcome our first Holida...
Hilton Signs With M&L Hospitality for New 244-Room Hilton Melbourne Little Queen Street in Australia
M&L Hospitality | November 12, 2019
SYDNEY and MCLEAN, VA - Hilton (NYSE: HLT) today announced the signing of Hilton Melbourne Little Queen Street, adding to Hilton Hotels & Resorts’ portfolio of 106 world-class properties in the Asia Pacific region. Under a management agreement with M&L Hospitality, Hilton will manage the 244-room new-build hotel. Centrally located on the corner of Little Queen Street and Bourke Street in Melbourne’s CBD, the new Hilton Melbourne Little Queen Street will be situated between the developing Docklands precinct and the established “Paris end” of Melbourne, making it an ideal location for both corporate and leisure travellers. ...
