Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3rd, 2024
Kimpton San Antonio Celebrates Its Topping Out on Schedule
Kimpton Hotels & Restaurants | July 20th, 2023
Hotel Equities Awards Brooke Stall General Manager of the Year at Annual Conference
Hotel Equities | March 3, 2017
Atlanta–March 3, 2017 – Atlanta-based Hotel Equities (HE) recently celebrated its most successful year to date at the firm's annual conference held in Atlanta. In 2016, the firm's hotels posted record performance in all key measurable areas. At the conference, Hotel Equities presented numerous awards for excellence in both leadership and results. The firm hailed outstanding achievements and honored top individuals and hotels. The Fairfield Inn & Suites by Marriott Gainesville, GA earned the Hotel of the Year award. The SpringHill Suites by Marriott Pensacola Beach earned the Revenue Generation Hotel of the Year. Individu...
Hilton Recognizes 12 Team Members with the 2016 CEO Light & Warmth Award
Hilton | February 22, 2017
MCLEAN, Va. - Hilton (NYSE: HLT) today announced the 12 winners of its 2016 CEO Light & Warmth Award. This recognition is the most prestigious accolade the company awards to exceptional Team Members and franchisee employees who embody the company's vision and mission, as well as its values of Hospitality, Integrity, Leadership, Teamwork, Ownership and Now. In 2016, nearly 1,000 Team Members and franchisee employees submitted nominations recognizing their own colleagues for demonstrating the Hilton values at work and in their own personal lives. A committee of representatives from across the company selects the finalists and Hilt...
New York Boasts Largest Hotel Construction Pipeline in U.S. at Year-End 2016
Lodging Econometrics | February 21, 2017
February 21, 2017 – PORTSMOUTH, NH – Lodging Econometrics (LE) reports at that at year-end 2016 the five markets with the largest hotel construction pipelines by project count are: New York with 192 Projects/30,541 Rooms; Houston with 169 Projects/18,373 Rooms; Dallas with 140 Projects/17,291 Rooms; Nashville with 121 Projects/14,873 Rooms; and Los Angeles with 111 Projects/18,723 Rooms. Since the fourth quarter of 2011, New York has continuously had the highest project count of any market in the Pipeline while Houston has had the second largest for the last thirteen quarters. Future supply growth should be strong in these f...
Hunden Strategic Partners Announces Master Developer RFQ/P for Columbus, Ohio
Hunden Strategic Partners | February 17, 2017
The Columbus Downtown Development Corporation (CDDC) is issuing a Request for Qualifications for a Master Developer for a proposed mixed-use development of 21 acres on the Scioto Peninsula in downtown Columbus, Ohio. CDDC invites firms experienced in developing mixed-use projects to submit a proposal outlining their qualifications in response to this RFQ. CDDC seeks to establish a shortlist of qualified Master Developers that will be invited to submit proposals during Part II of this RFQ/P process. Although discussion has taken place regarding several concepts for development at the Site, CDDC does not have a prescribed concept or speci...
Hotel Equities Opens 105-Room Fairfield Inn & Suites in Uncasville, Connecticut
Hotel Equities | February 16, 2017
Uncasville, CT/Atlanta–February 16, 2017– Atlanta-based Hotel Equities (HE) announced the opening of the 105-room Fairfield Inn & Suites by Marriott Uncasville, Connecticut. Located at 2255 Norwich New London Turnpike, the fully renovated hotel operates as a Marriott franchise, managed by Hotel Equities. Lynn Nazarko serves as the General Manager. The extensive renovation rendered every aspect of the hotel fresh and new. The guest experience will be as if walking into a brand new, latest generation Fairfield Inn and Suites. It's the first Fairfield Inn & Suites in the area to feature the brand's new design and d&...
Moderate Growth Continues in the Hotel Construction Pipeline with Projects Up by 12% YOY
Lodging Econometrics | February 16, 2017
February 16, 2017 – PORTSMOUTH, NH – According to the year-end United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the Total Construction Pipeline ended 2016 with 4,960 Projects/598,688 Rooms, up 12% by projects and 10% by rooms Year-Over-Year (YOY). Q4 2016 is the 19th consecutive quarter of pipeline growth, since the cyclical bottom of 2,720 Projects/331,129 Rooms reported in Q1 2012. At year-end, there were 1,520 Projects/196,409 Rooms Under Construction, up by 208 projects YOY or 16%. Projects Scheduled to Start in the Next 12 Months, at 2,392 Projects/268,843 Rooms, were up 466 projects, 24%...
IHG® Notifies Guests of Payment Card Incident at 12 Properties in the Americas
IHG | February 6, 2017
ATLANTA, Feb. 6, 2017 -- IHG® values the relationship it has with its guests and understands the importance of protecting payment card data. On Dec. 28, 2016, IHG reported it was conducting an investigation after receiving a report of unauthorized charges occurring on some payment cards that were used at a small number of U.S. hotel properties. IHG hired leading cyber security firms to examine the payment card processing systems for the hotels that it manages in the Americas region. Based on the investigation, IHG is providing notification to guests who used their payment card at restaurants and bars of 12 company managed properties...
Peachtree Hotel Group Acquires Five Hotels and Signs Five Development Projects with $155 Million Investment
Peachtree Hotel Group | January 30, 2017
ATLANTA, Ga., January 30, 2017—Officials of Peachtree Hotel Group (PHG), one of the nation's fastest growing hotel investment and management platforms, today announced it made five hotel acquisitions and undertook five development projects totaling approximately $155 million during the second half of 2016, increasing to its growing portfolio of select- and limited-service hotels nationwide by approximately 1,250 rooms. "While most indicators suggest we are near the peak of the current hospitality cycle, we firmly believe there remain a number of prudent and profitable investment opportunities that provide compelling value," said B...
InterContinental Hotels Group Appoints Sudeep Jain as Vice President, Development, South West Asia
January 27, 2017
New Delhi, 27 January, 2017: InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has appointed Sudeep Jain as Vice President, Development, South West Asia. His immediate remit will be to further strengthen IHG's presence in the region encompassing India, Sri Lanka, Nepal and Bangladesh. IHG currently has 29 hotels open in South West Asia with a further 43 in the development pipeline. Sudeep brings more than 15 years' experience in the hospitality sector from roles based in the US and India, working across brand management, asset management, strategy, planning and real estate development. His most recent...
Bandstand Square Developments Ltd. and Hilton Reveal Plans for New Build Hilton Woking
Hilton Hotels & Resorts | January 25, 2017
New high-rise hotel will feature 196 guest rooms, including 12 suites, and is due to open in early 2021 WOKING, UK and MCLEAN, Va. - Hilton (NYSE:HLT) today announced plans to introduce its flagship Hilton Hotels & Resorts brand to the affluent Surrey town of Woking, with the signing of a management agreement with Bandstand Square Developments Limited (BSDL). The new high-rise hotel will feature 196 guest rooms, including 12 suites, and is due to open in early 2021. "Hilton Woking joins Hilton's impressive portfolio of more than 160 trading and pipeline hotels in the UK and Ireland," said Patrick Fitzgibbon, senior vic...
Skilled Construction Worker Shortage Hits U.S. Commercial Real Estate
JLL Real Views | January 24, 2017
U.S. skylines and suburbs are packed with construction cranes, but a serious shortage of skilled trade workers is creating a challenge for contractors and owners alike. Commercial construction and development is at near-record levels across the United States, thanks to a strengthened economy. As of the third quarter of 2016, the volume of jobs, projects and other key industry indicators are all near cyclical highs. But a labor shortage could be threatening the seemingly-endless stream of commercial construction starts. A recent survey conducted by the Associated General Contractors of America found that 69 percent of contractors have d...
Hotel Equities Promotes President Brad Rahinsky to Chief Executive Officer
Hotel Equities | January 19, 2017
ATLANTA (January 19, 2017) - Atlanta-based Hotel Equities recently promoted President Brad Rahinsky to the position of President & Chief Executive Officer. Fred Cerrone, founder of the firm, retains the position of Chairman. Following a unanimous vote by the Hotel Equities' Board of Directors in December, Mr. Cerrone announced the promotion at the monthly meeting of the firm's leadership team. "An extraordinary leader with an astute business mind, Brad brings that rare mix of business acumen and street sense to his position as the President & CEO of Hotel Equities" said Fred Cerrone, Founder and Chairman of Hotel Equities. "He h...
Bayside Land Partners to Develop $1 Billion Master-Planned Development in the Lake Ray Hubbard Area of Rowlett, Texas
Lifescapes International | January 17, 2017
Mixed-Use Project to Include 700-Room Hotel and First Crystal Lagoon in Texas ROWLETT, TX – Jan. 9, 2017) Lifescapes International, a Newport Beach-based landscape architectural firm, has been selected to design the overall landscape environment for Bayside, the $1 billion master-planned development encompassing 262 acres that is planned to feature a variety of retail, restaurants, residential units, and a resort hotel in the Lake Ray Hubbard area of Rowlett, Texas. The development will feature the very first Crystal Lagoon in Texas, which is a new technology that creates man-made lagoons with crystal-clear, turquoise waters in or...
Hotel Equities to Manage SpringHill Suites St. Petersburg Clearwater
Hotel Equities | January 17, 2017
ATLANTA–January 17, 2017– Atlanta-based Hotel Equities recently announced its selection as the management firm for the SpringHill Suites by Marriott St. Petersburg Clearwater. Owned by Alliras Hospitality, LLC, the hotel is located at 3485 Ulmerton Road in Clearwater, Florida. Newly renovated, the all-suites hotel is located near St. Petersburg Clearwater Airport and Bright House Networks Field, the home of spring training for the Phillies. Guests also have easy access to Clearwater Beach, Pier 60 for entertainment under the stars, St. Petersburg Pier and Tropicana Field. "We are pleased to expand our presence on Florida's w...
IHG® Challenges Brands to Address the Needs of the Uncompromising Customer in the ‘Age of I’
IHG | January 16, 2017
Davos, Monday 16th January 2017: Intercontinental Hotels Group (IHG®) today launches its 2017 Trends Report - The Uncompromising Customer: Addressing the Paradoxes of the 'Age of I' - at the World Economic Forum (WEF) in Davos, Switzerland. The report highlights the uncompromising nature of today's customer who increasingly expects brands to deliver experiences that satisfy contradictory needs. IHG's research identifies four paradoxes that are driving the decisions customers make in a landscape constantly changing through advances in technology. In this environment, customers do not want either/or solutions: they want the best of bo...
Managed by Hotel Equities, Fairfield Inn by Marriott Corpus Christi Aransas Pass Opens in Texas
Hotel Equities | January 13, 2017
ATLANTA–January 13, 2017–Atlanta-based Hotel Equities opened the Fairfield Inn by Marriott Corpus Christi Aransas Pass in Texas and serves as the hotel's management company. Hotel Equities now manages 21 hotels in the state of Texas. Owned by HCNA Enterprises, LLC, the hotel is located at 2379 Business Highway 35, only 23 miles from Corpus Christi International Airport and 20 minutes from downtown. Guests welcome convenient access to Conn Brown Harbor, Kohootz Dolphin Encounters and Aransas Queen Casino. "We are pleased to expand our presence in Texas by opening another property in the southern part of the state," said Joe R...
Hilton Signs Nine Hotels in Mexico Representing Five Brands Including Company’s First Dual-Branded Property
Hilton Hotels & Resorts | January 12, 2017
MCLEAN, Va. - Hilton (NYSE: HLT) today announced the signing of nine properties in Mexico that represent a number of Hilton brands, including Hilton Hotels & Resorts, Curio - A Collection by Hilton, Hilton Garden Inn, Hampton by Hilton and Homewood Suites by Hilton, as well as the company's first dual-branded property in the country. These newly announced properties contribute nearly 1,200 rooms to the hotel company's pipeline and will join the portfolio of more than 45 existing hotels in Mexico. "Mexico continues experiencing impressive tourism growth, and the addition of these hotels will help satisfy the increasing d...
Hilton Joins TripAdvisor Instant Booking Marketplace
Hilton | January 9, 2017
MCLEAN, Va. and NEEDHAM, Mass., Jan. 9, 2017 -- Hilton (NYSE: HLT) and TripAdvisor (NASDAQ: TRIP) today announced a partnership to make Hilton's portfolio of 13 world-class global brands accessible in the TripAdvisor instant booking marketplace. Beginning in early 2017, travelers around the world will be able to make a reservation at any Hilton property quickly and easily without leaving the TripAdvisor site or mobile app. Hilton, comprising nearly 789,000 rooms across 104 countries and territories, is the latest major hotel company to join TripAdvisor instant booking. The partnership will expand TripAdvisor's instant booking in...
Hotel Construction Pipeline in Latin America is Steady with 892 Projects, Up 3 Percent YOY
Lodging Econometrics | December 28, 2016
December 28, 2016 – PORTSMOUTH, NH - According to the recent Construction Pipeline Trend Report for Latin America from Lodging Econometrics (LE), the region has 892 Projects/151,203 Rooms, up 3% by projects and down 1% by rooms Year-Over-Year (YOY). For hotels currently Under Construction, the Latin America Pipeline has 410 Projects/70,564 Rooms, down 1% by projects and 6% by rooms YOY. There are 182 Projects/31,255 Rooms Scheduled to Start Construction in the Next 12 Months, up 3% by projects and 2% rooms. Projects in Early Planning, 300 Projects/49,384 Rooms, are up 8% by projects and 5% by rooms. The three cities with the large...
Marriott Takes Top Spot Leading Franchise Companies in Global Hotel Construction Pipeline with 2,021 Projects
Lodging Econometrics (LE) | December 27, 2016
December 27, 2016 – PORTSMOUTH, NH Analysts at Lodging Econometrics (LE) report that the four leading franchise companies in the Global Hotel Construction Pipeline by project-count are: Marriott International with 2,021 Projects/347,544 Rooms, Hilton Worldwide with 1,733 Projects/267,788 Rooms, InterContinental Hotels Group (IHG) with 1,343 Projects/207,806 Rooms and Choice Hotels with 487 Projects/43,381 Rooms. The leading brand for each of these top Global franchise companies are: IHG's Holiday Inn Express with 607 Projects/73,584 Rooms, Hilton's Hampton Inn with 478 Projects/55,737 Rooms, Marriott's Fairfield Inn with 299 Proje...
Dubai Tops List for Largest Construction Pipeline in Middle East with 110 Projects /31,555 Rooms
Lodging Econometrics | December 21, 2016
December 21, 2016 – PORTSMOUTH, NH – According to the recent Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE), the total pipeline has 513 Projects/136,683 Rooms, up 21% by projects and 6% by rooms Year-Over-Year (YOY). For hotels currently Under Construction, the Middle East Pipeline has 298 Projects/81,169 Rooms, up 28% by projects and 6% by rooms YOY. There are 108 Projects/25,783 Rooms Scheduled to Start Construction in the Next 12 Months, up 23% by projects and 20% by rooms. Projects in Early Planning, 107 Projects/29,731 Rooms, are up 3% by projects and down 3% by rooms. The three ci...
Global Hotel Construction Pipeline Shows Modest Growth, Up 6 Percent by Projects YOY
Lodging Econometrics (LE) | December 21, 2016
December 21, 2016 – PORTSMOUTH, NH The Total Global Pipeline has 11,547 Projects/1,953,784 Rooms, up 6% by projects and 4% by rooms Year-Over-Year (YOY) according to the recent Global Construction Pipeline Trend Report from Lodging Econometrics (LE), who tabulates the Construction Pipeline and Census with complete ownership detail for 196 countries worldwide. For hotels currently Under Construction, the Global Pipeline has 5,417 Projects/1,008,948 Rooms, both within 1% of last year's Total. However, there are 3,514 Projects/504,938 Rooms Scheduled to Start Construction in the Next 12 Months, up 22% by projects and 19%...
Seoul Remains Top City for Hotel Construction Pipeline in Asia Pacific with 159 Projects
Lodging Econometrics | December 13, 2016
December 13, 2016 – PORTSMOUTH, NH Lodging Econometrics (LE) reports that, excluding China, the top four cities in the Asia Pacific region with the largest hotel construction pipelines by rooms are: Seoul with 159 Projects/31,233 Rooms, Jakarta with 118 Projects/20,885 Rooms, Kuala Lumpur with 47 Projects/11,484 Rooms and Tokyo with 49 Projects/10,941 Rooms. Seoul is the only one of these markets to increase Year-Over-Year with 22 projects added, up 16%. Excluding China, the leading franchise companies in Asia's Hotel Construction Pipeline are: Marriott International, after the Starwood merger, with 236 Projects/54,328 Rooms, Inte...
Hilton To Detail A Simplified Fee-Based Business With Expanded Capital Return Potential
Hilton | December 8, 2016
Executives to highlight the business strategies for Hilton, Park Hotels & Resorts, and Hilton Grand Vacations MCLEAN, Va. - Hilton Worldwide Holdings (NYSE: HLT) ("Hilton") will host an Investor Day in New York today to discuss the company's strategy and financial outlook in conjunction with the planned spin-offs of Park Hotels & Resorts and Hilton Grand Vacations. The event will feature presentations by members of Hilton's senior leadership team including Christopher J. Nassetta, president & chief executive officer, and Kevin Jacobs, executive vice president & chief financial officer. Thomas J. Baltimo...
