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
Operadora ALRO and IHG Open the 143-room Holiday Inn® Mexico Buenavista Hotel in Mexico City
Holiday Inn Hotels | October 22, 2013
Mexico City, Mex. - October 22, 2013 – InterContinental Hotels Group (IHG) and Operadora ALRO, announced the opening of the 143-room Holiday Inn® Mexico Buenavista hotel in Mexico City to expand IHG's family hotels in Mexico. "This is IHG's fifth opening in Mexico City this year, demonstrating the confidence that investors and franchisees have in our brand family," said Gerardo Murray, vice president, Marketing Strategic Services, Mexico, Latin America and Caribbean, IHG. "The convenient location of this newly renovated property makes it an excellent choice for travelers who visit Mexico City for business or leisure." The scale and d...
IHG Signs Three Hotels in Russia and the CIS; One Complete, Two Under Development with 2015 Openings
IHG (InterContinental Hotels Group) | October 22, 2013
22 October, 2013 - InterContinental Hotels Group (IHG®), one of the world's largest hotel companies, is delivering more growth across Russia and the CIS with the signing of three more hotels in the region: Holiday Inn Express® Naberezhnye- Chelny, Holiday Inn Express® Samara and Staybridge Suites® Baku. Holiday Inn Express Naberezhnye- Chelny is the third hotel to be signed as part of the multiple development franchise agreement signed in March 2013 with Regional Hotel Chain (RHC), a portfolio company of VIY Management (VIYM), to develop 15 new hotels in Russia by 2019. The 145-room new-build property is due to open in the second qu...
IHG and Auteles Kalionchiz S.A. de C.V Open the 128-room Holiday Inn® Hotel in Monclova, Mexico
Holiday Inn hotels | October 16, 2013
Monclova, Coah. - 16 October, 2013 – InterContinental Hotels Group (IHG) and Auteles Kalionchiz S.A. de C.V announced the opening of the Holiday Inn® Monclova hotel. This is the first Holiday Inn hotel in Coahuila and is the fifth IHG®-branded hotel for the state. Other IHG®-branded hotels in Coahuila include a Crowne Plaza® hotel and three Holiday Inn Express® hotels. The scale and diversity of the IHG family of brands means that our hotels can meet our guests' needs whatever the occasion. "We are very happy to welcome the Holiday Inn brand to the State of Coahuila and especially to the city of Monclova, one of Mexico's key comm...
IHG Expands the Holiday Inn Express Brand in Brazil with Five Upcoming Openings in 2014 and 2015
Holiday Inn Express | October 11, 2013
Slated for Belem-Ananindeua, Porto Velho, Marilia and Rio Branco and a Newly-Signed Holiday Inn Express® Hotel in Manaus MIAMI (Oct.11, 2013) - InterContinental Hotels Group (IHG) today announces that the Holiday Inn Express® brand is expanding in Brazil with the openings of the Holiday Inn Express® Belem-Ananindeua hotel, the Holiday Inn Express® Porto Velho hotel and the Holiday Inn Express® Marilia hotel expected to open later this year. IHG also has plans for a new-build Holiday Inn Express® Manaus hotel, scheduled to open in 2014. The Holiday Inn® Express brand is the ideal choice for the smart traveler, offering them a grea...
Hotel Equities Adds Boutique 63-room Wyvern Hotel in Punta Gorda, Florida to Management Portfolio
Hotel Equities (HE) | October 8, 2013
Atlanta, GA - October 8, 2013 - Atlanta-based Hotel Equities (www.hotelequities.com) added the management contract for The Wyvern Hotel (www.thewyvernhotel.com), a 4-star boutique hotel in Punta Gorda, Florida, to its portfolio. This 63-room hotel, located on South Florida's Gulf Coast, delivers luxury without pretense as it provides upscale service and amenities. The Wyvern Hotel marks the first addition for Hotel Equities after the firm completed a joint venture with Alliance Hospitality that increased their portfolio to more than 55 hotels. With an artfully landscaped rooftop pool and lounge area, the hotel offers clear views of Char...
IHG and Bierwirth & Kluth Hotelmanagement GmbH to Develop Five Hotels Across Germany
IHG (InterContinental Hotels Group) | October 7, 2013
7 October, 2013 - InterContinental Hotels Group (IHG®), one of the world's largest hotel companies, has concluded a multi-development franchise agreement with Bierwirth & Kluth Hotelmanagement GmbH to develop five hotels across Germany. The first hotel under the agreement – Holiday Inn Hamburg - City Nord – has already been signed. This is IHG's sixth multiple development agreement (MDA) with a partner in Germany, continuing the momentum of the growth of its brands in Europe. The hotels signed under this agreement will include up to four of IHG's hotel brands – Hotel Indigo®, Crowne Plaza®, Holiday Inn® and Holiday Inn Exp...
Marriott CEO Tells U.S. Congress: Get Back to Work; Shutdown Is a Failure of Political Leadership
Arne Sorenson, President & CEO of Marriott International | October 4, 2013
by Arne Sorenson, President & CEO of Marriott International Marriott International's headquarters is just a few miles north of America's Capitol, the epicenter of the profoundly disappointing federal government shutdown and a looming confrontation on the debt ceiling. The impacts ripple well beyond Washington, D.C. and past U.S. borders. Others from around the world are watching this circus, which is embarrassing at best. Just like in each of the last few years, we are confronted with a failure of our political leadership that threatens an economy that wants to turn the corner to higher growth and employment. With the major attracti...
Hotel Equities Appoints Joe Reardon as Vice President of Business Development
Hotel Equities (HE) | October 1, 2013
ATLANTA, GA (October 1, 2013) -Atlanta-based Hotel Equities (HE) www.hotelequities.com recently named Joe Reardon to the position of Vice President of Business Development. He oversees the development team, negotiates management contracts and evaluates the financial feasibility of the firm's acquisition opportunities. His responsibilities include utilizing the existing portfolio of 50+ hotel assets as a platform for rapid growth with current and potential owners. "Joe has a proven track record as a highly-skilled and capable leader who understands both hospitality and real estate and knows how to put together a deal," said HE Chief Oper...
Three More Holiday Inn® Brand Family Hotels Signed in the UK
IHG (InterContinental Hotels Group) | September 27, 2013
27 September, 2013 - InterContinental Hotels Group (IHG®), one of the world's largest hotel companies is delighted to announce three new additions to the Holiday Inn brand family in the UK: Holiday Inn Express® Edinburgh Airport, Holiday Inn Darlington - North A1M, Jct.59 and Holiday Inn Express London - Ealing, reflecting the company's strong position in the midscale market in Europe. Launched in 1991, the Holiday Inn Express brand is one of the largest and fastest growing brands in the hotel industry, opening hotels at a rate of two per week on average. With over 2,200~ hotels in 31 countries~ around the world; the brand is one of I...
Cannon Corporate UK Ltd and IHG to Open the Crowne Plaza® London – Albert Embankment in Spring 2015
IHG (InterContinental Hotels Group) | September 25, 2013
25 September, 2013 - InterContinental Hotels Group (IHG®) one of the world's largest hotel companies today announced the signing of Crowne Plaza® London – Albert Embankment, a first for the brand in London's Embankment. The hotel is due to open in the spring of 2015. Operating under a franchise agreement with Cannon Corporate UK Ltd, the upscale hotel is a new build property featuring in excess of 130 guest rooms and a restaurant overlooking the River Thames. Albert Embankment is undergoing significant regeneration and due to its close proximity to Lambeth Palace, the Houses of Parliament and the corporate centres of Waterloo and We...
Marriott Chief Operations Officer Robert “Bob” McCarthy to Retire in February 2014
Marriott International, Inc. | September 25, 2013
Other Senior Executives to Assume Broader Responsibilities BETHESDA, Md., Sept. 25, 2013 -- Marriott International, Inc. (NYSE: MAR) announced today that Robert J. McCarthy, chief operations officer of the company, will retire at the end of February 2014 after 38 years of distinguished service. McCarthy began his career as a waiter in a Marriott restaurant outside Philadelphia while attending Villanova University. He was promoted into increasingly higher level positions, including senior vice president, Northeast Region; executive vice president, operations planning and support; president, North American lodging operations; and group pr...
De Jongh: Government Issues Expression of Interest for Potential Hotel Development on Water Island
REVPAR International | September 25, 2013
Community input into development that affects residential communities is an issue that Governor John P. de Jongh Jr. admits is personal to him. Water Island is no exception to that rule and earlier this month, de Jongh held a meeting with Water Island residents to address management issues and to announce the issuance of an Expression of Interest for potential hotel development on the island. "We believe that a boutique hotel on Water Island not only provides for further economic activity on the island but a first-step on rebranding our offerings through a public-private partnership that leverages government resources. But, success is o...
Work Has Begun in the UK for the 452-room InterContinental London The O2 to Open in 2015
IHG (InterContinental Hotels Group) | September 25, 2013
25 September, 2013 - InterContinental Hotels Group (IHG®) is proud to announce the signing of its third InterContinental property for London: InterContinental® London The O2. The new hotel is scheduled to open in 2015 when it will take its place alongside its sister properties InterContinental London Westminster, which has been open for less than a year, and InterContinental London Park Lane which is a long-established luxury destination in the Capital. The 452-room InterContinental London The O2 will operate under a franchise agreement with Meridian Hotel Operations Limited and will be managed by Arora Hotels. The hotel will feature ...
Development Begins for 212-room Holiday Inn Express Jakarta Cikini to Open in Indonesia in 2014
IHG (InterContinental Hotels Group) | September 25, 2013
Jakarta, 25 September 2013: InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and PT Imesco Sejahtera Utama, have signed an agreement to develop Holiday Inn Express Jakarta Cikini, to open in 2014. In line with IHG's robust expansion plans in Indonesia, the 212-room hotel is part of a pipeline of 13 Holiday Inn Express hotels slated to open in the country, out of a total of 19 scheduled to open in South East Asia over the next few years. Holiday Inn Express is one of the largest and fastest growing hotel brands in the world. Since it first launched globally in 1991, it has grown quickly and there are now 2...
IHG and TAJ RP Sign Deal to Open the 280-room Crowne Plaza Dubai Marina in 2016
IHG (InterContinental Hotels Group) | September 23, 2013
Dubai, UAE, 23 September 2013: IHG (Intercontinental Hotels Group), one of the world's leading hotel companies, has signed an agreement with TAJ RP International Limited, part of RP Group of Companies, to open Crowne Plaza Dubai Marina in 2016. Located in the cosmopolitan Dubai Marina area, the 3,037 square-metre hotel site sits next to Dubai Marina Mall and within walking distance of the picturesque pedestrian promenade, which borders the waterway lined with vibrant cafes and restaurants. The property will also be in close proximity to the business hub made up of Dubai Media City, Dubai Internet City and Knowledge Village. In line with...
IHG Opens 104-room Holiday Inn Express Hotel & Suites Phoenix North/Scottsdale in Arizona
Holiday Inn Express | September 20, 2013
20 September, 2013 - ATLANTA - InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)] announces the opening of the Holiday Inn Express® Hotel & Suites Phoenix North/Scottsdale. The four-story 104-room hotel adds to IHG's portfolio in the Phoenix and Scottsdale areas. The hotel is located at 4575 E. Irma Lane at the intersection of Loop 101 & Tatum Blvd. in Scottsdale, Ariz. "Holiday Inn Express hotels are designed to be the smart choice for value-conscious business and leisure travelers," said Heather Balsley, senior vice president, Americas Holiday Inn® brand family. "With more than 2,200 properties worldwide and 45...
IHG Plans Two New Holiday Inn Resorts in Nashville, TN and Deadwood, SD
September 19, 2013
ATLANTA - September 19, 2013 – InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)] today announced plans for two new properties, one located in Nashville, and the other in Deadwood, S.D., adding to the growing global Holiday Inn Resort® brand portfolio, currently at 36 properties worldwide. "We are thrilled that the Holiday Inn Resort brand continues to expand in key leisure destinations," said Joel Eisemann, chief development officer, the Americas, IHG. "These new Holiday Inn Resort properties further strengthen the reach and presence of the Holiday Inn® Brand Family." Currently the Fontanel Mansion is a 27,000 sq. ft....
IHG Appoints Oliver Bonke as Chief Commercial Officer for the Americas
IHG (InterContinental Hotels Group) | September 17, 2013
ATLANTA, GA - 17 September, 2013 – InterContinental Hotels Group (IHG) announces the recent appointment of Oliver Bonke to the position of Americas Chief Commercial Officer (CCO), effective September 3, 2013. He will be responsible for leading Brand Management and Sales and Marketing in the Americas, as well as will serve on the region's senior leadership committee. Oliver comes to IHG after 24 years with Starwood® Hotels and Resorts Worldwide, Inc. He most recently served as senior vice president of Sales and Marketing for Europe, the Middle East and Africa, a position he held since 2008. During his tenure, his innovative and perfor...
TCC Hotels Group & IHG to Open the 184-room Holiday Inn Express Bangkok Sathorn in Thailand
TCC Hotels Group | September 17, 2013
Bangkok, 17 September 2013: Leading Thai conglomerate TCC Hotels Group and InterContinental Hotels Group (IHG), one of the world's leading hotel companies, have signed an agreement for the Holiday Inn Express Bangkok Sathorn. It will be the first of the Holiday Inn Express brand to be owned by TCC Hotels Group, who also own InterContinental and Crowne Plaza hotels under IHG's brand portfolio. Located in Bangkok's up-and-coming district of Sathorn, which is in the centre of the central business district and diplomatic area, the newly-built 184-room hotel will be near numerous embassies and major multinationals. With location being a key ...
Blackstone Banking on Success: Hilton Worldwide Files for Initial Public Offering
Hilton Worldwide | September 16, 2013
MCLEAN, Va. - September 16, 2013 - Hilton Worldwide today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Deutsche Bank Securities Inc., Goldman, Sachs & Co., BofA Merrill Lynch, and Morgan Stanley & Co. LLC are acting as the joint book-running managers for the offering. When available, copies of the preliminary prospectus related to the offering may be obtained from: Deutsche Bank Securities Inc., Attention: Pro...
IHG Partners with Nor1, Inc. for Multi-Brand, Multi-hotel Implementation of Upsell Solutions
eStandby Upgrade | September 11, 2013
September 11, 2013 - Atlanta, GA and Santa Clara, CA - Silicon Valley's Nor1, Inc. and InterContinental Hotels Group (IHG) have strengthened their strategic partnership with the global rollout of Nor1's pre-arrival upsell solution, eStandby Upgrade®, making it available across the hospitality giant's family of nine brands, over 4,600 hotels and in almost 100 countries and territories worldwide. Expanding the collaboration with Nor1 will enable IHG, one of the world's leading hotel companies, to resolve perishable inventory and optimize incremental revenue opportunities, as well as enhance the guest experiences at the hotel. The initial...
Hotel Equities and Alliance Hospitality Form Joint Venture Creating 55 Hotel Portfolio; Plans Growth
Hotel Equities (HE) | September 10, 2013
Atlanta, GA-September 10, 2013 - Atlanta-based Hotel Equities (www.hotelequities.com) formed a joint venture with Raleigh-based Alliance Hospitality (www.alliancehospitality.com) to create a portfolio of 55 hotels with a room count exceeding 6,500 in 14 states. Corporate headquarters will be located at the Atlanta, Georgia offices of Hotel Equities with regional offices remaining in Raleigh, North Carolina. The joint venture pairs Fred Cerrone, President and CEO of Hotel Equities, with Rolf Tweeten, President and CEO of Alliance Hospitality, two iconic industry leaders in a strategic partnership between two highly acclaimed, award-winni...
Through a Conversion, IHG to Open First Hotel in Turkey, the Holiday Inn Diyarbakir – City Center
IHG | September 6, 2013
September 6, 2013 - InterContinental Hotels Group (IHG), one of the largest hotel companies in the world, continues to grow its presence in Turkey with the signing of its sixteenth hotel in the country and its first in Diyarbakir: Holiday Inn Diyarbakir – City Center. The 161-room hotel will be converted from an existing building under a franchise agreement with BED Turizm Company and coordinated by POYA Hotel Project Management Company. Due to open in 2015, the hotel's facilities will include a gym, spa, bar, restaurant, five meeting rooms on the mezzanine level, and a banqueting area on the roof terrace. The hotel will also feature ...
1H 2013 Total Hotel Transactions Increase Slightly (YoY); Portfolio Transactions Begin to Accelerate
Lodging Econometrics | September 5, 2013
September 5, 2013 - Lodging Econometrics' (LE's) report: For 1H 2013 Total Hotel Transactions and Property Transfers improved to 604 hotels/ 85,200 rooms, up 240 hotels over the 1H 2012 total of 364 hotels. Of the 240 hotels, 216 were for hotels sold within portfolios. Individual transactions at 334 hotels are up only 32 hotels Year over Year (YoY). M&A Property Transfers are non-existent but are expected to accelerate as the first leg of the real estate cycle is likely to draw to a close over the next 12 – 18 months. Transaction volume is a long way from the record of 3,218 hotels/ 441,617 rooms set in 2007, just as the financial...
