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
Commonwealth Hotels Celebrates Topping Off of the Homewood Suites Newport Cincinnati
Commonwealth Hotels, LLC | January 31, 2023
COVINGTON, Ky., Jan. 31, 2023-- Commonwealth Hotels and Homewood Suites by Hilton, the award-winning upscale, all-suite hotel brand announced today the "topping off" of its new hotel in Newport, Kentucky signifying that the final beam has been placed and that the structural framework is complete. Homewood Suites Newport Cincinnati is projected to be up and running by mid-summer. The 5-story, 133-suite hotel developed and owned by Corporex, is located at 201 West 4th Street, near Newport Ovation on the River and MegaCorp Pavilion. "This topping off marks a milestone in construction at the Homewood Suites by...
Hyatt Signs Franchise Agreement With FP Global for Hyatt Regency Lahore DHA
Hyatt Regency | January 30, 2023
CHICAGO (January 30, 2023): Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with FP Global (Private) Limited for Hyatt Regency Lahore DHA, which will mark the first Hyatt-branded hotel in Pakistan and a significant step forward in Hyatt’s plans to expand its brand portfolio in Southwest Asia. Situated within Defence Housing Authority Phase 6 (DHA-6), the property will be operated by Valor Hospitality Partners and is expected to open its doors in 2024. “We look forward to collaborating with the FP Global (Private) Limited team and Valor Hospitality Partners to unveil the...
IHG Hotels & Resorts celebrates “Topping Off” of InterContinental Hotel – Bellevue at the Avenue
IHG Hotels & Resorts | January 26, 2023
ATLANTA (Jan. 26, 2023) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today commemorated the next milestone in the forthcoming InterContinental Hotels & Resorts luxury hotel in Bellevue, Wash. during a topping-off ceremony alongside company and community leaders. The hotel, which broke ground in January 2020, will mark the IHG Luxury & Lifestyle Collection brand’s Pacific Northwest debut upon its projected fourth quarter 2023 opening. Featuring 208 rooms, InterContinental Hotel – Bellevue at the Avenue, will occupy nine floors of a 26-story tower within the sprawling mixed-use complex at t...
Marriott, Hilton, and IHG Close Q4 2022 With Largest Projects Counts in Every Stage of the U.S. Construction Pipeline
Lodging Econometrics (LE) | January 26, 2023
January 26, 2023 – PORTSMOUTH, NH As reported in the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE) for 2022, the franchise companies with the largest construction pipelines at the end of Q4 are led by Marriott International (Marriott) with 1,490 projects/180,113 rooms. Following Marriott is Hilton Worldwide (Hilton) with 1,378 projects/154,790 rooms and InterContinental Hotels Group (IHG) with 789 projects/78,951 rooms. Combined, these three companies account for 67% of the projects and 64% of the rooms in the total pipeline. At the close of the quarter, these top franchise companies also ...
Six Senses Napa Valley Coming to Northern California’s Aetna Springs
IHG Hotels & Resorts | January 25, 2023
BANGKOK – January 25, 2023 – Six Senses is taking its wellness and sustainability formula to a sanctuary in Napa County, an agricultural haven producing some of the world’s most sought-after wine. Named after the natural thermal Aetna Springs discovered in the 1870s, the original resort thrived until the 1970s as a natural spa destination, with Aetna Mineral Water also sold throughout the American West. “Six Senses Napa Valley will marry the region’s beauty with the unique natural resources of the original Aetna Springs,” said Six Senses CEO Neil Jacobs. “Working with Weller Development Partners, Pegasus Capital Advisors,...
Dallas Is Tops With the Largest Hotel Construction Pipeline in the U.S. and Record-High Project Counts at the Close of Q4 2022
Lodging Econometrics (LE) | January 25, 2023
January 25, 2023 – PORTSMOUTH, NH According to the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. Following Dallas is Atlanta with 145 projects/18,100 rooms, Los Angeles with 122 projects/19,419 rooms, Phoenix with 116 projects/16,229 rooms, and Nashville with 106 projects/14,198 rooms. U.S. markets with the most projects currently under construction are New York, with 61 projects/9,976 rooms, and Phoenix, with 28 projects/5,522 rooms. Fo...
The Unbound Collection by Hyatt Brand to Expand in Japan With Plans for Hotel Toranomon Hills
The Unbound Collection by Hyatt | January 24, 2023
CHICAGO (January 24, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered in a management agreement with a Mori Building affiliate for Hotel Toranomon Hills, which will be located at the heart of Tokyo’s emerging business center as part of the new Toranomon Hills Station Tower. Slated to open in late 2023, the 205-luxury hotel will debut The Unbound Collection by Hyatt brand in Tokyo and will mark the second hotel within The Unbound Collection by Hyatt brand in Japan, further demonstrating Hyatt’s intentional brand growth in the Asia Pacific region. “We are thrilled for these plans to d...
YOTEL Signs First Hotel in The Kingdom of Saudi Arabia Set to Open in 2025
YOTEL | January 24, 2023
JANUARY 24, 2023 – YOTEL – a global hospitality brand known for challenging the status quo – announces its first hotel signing Saudi Arabia. Scheduled to open in 2025, the YOTEL property will also be the first hotel to open in Oxagon, which will be the home of advanced and clean industries in NEOM, Saudi Arabia. “Oxagon’s ambition to house hospitality assets where innovative design, sustainability and technologies converge, echoes our core values at YOTEL,” said Hubert Viriot, CEO of YOTEL. “We understand that the Non-Stop traveller craves destinations that won’t slow them down, and Oxagon promises to be a unique destin...
Ennismore Announces JO&JOE’s First North American Hotel With Signing in Tulum, Mexico
Ennismore | January 23, 2023
NEW YORK, Jan. 23, 2023 -- Ennismore, the fastest-growing lifestyle hospitality company, with owner and developer, Soda Urbana, announce the first JO&JOE development in North and Central America, JO&JOE Tulum set to open at the end of 2024. JO&JOE Tulum will offer 300 beds with approximately 84 guest rooms, including 45 private rooms, 30 small dorms, 9 large dorms and a handful of suites, ideally catering to the lifestyle hostel experience which travellers continue to look for in Tulum. Other amenities will include a bar, restaurant, open kitchen, guest laundry room, locker room and a 50 sq. m. meet...
Kasada to Develop a Dual-Branded Hotel in the District of Angré, Abidjan, Côte d’Ivoire
Kasada | January 23, 2023
JOHANNESBURG & PORT LOUIS, Côte d'Ivoire--Kasada, the leading independent real estate private equity platform dedicated to hospitality in sub-Saharan Africa, announced today that it will build a new dual-branded hotel in Abidjan within the largest retail-led mixed-use development currently being developed by HCCP. The complex, scheduled to open in 2024, will seek to be certified EDGE, the World Bank’s green building certification program, and will boast over 150 hotel keys, a shopping center with over 60 stores, restaurants, a mini entertainment park, offices, a co-working space, and a clinic. Olivier Granet, Kasada’s Managing Par...
Project and Room Counts in All Stages of the U.S. Hotel Construction Pipeline Increase YOY at Q4 2022 Close
Lodging Econometrics (LE) | January 23, 2023
January 23, 2023 – PORTSMOUTH, NH In the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms Year-Over-Year (YOY). In Q4, all stages of hotel construction in the U.S. experienced positive YOY growth. At the close of the quarter, there are 1,008 projects/135,492 rooms under construction, up 4% by projects and 3% rooms YOY. Projects scheduled to start construction in the next 12 months stand at 2,073 projects/235,222 rooms, up 14% by proje...
EKN Development Group Partners With Appellation to Develop Appellation Petaluma
Appellation | January 20, 2023
SONOMA COUNTY, Calif., Jan. 20, 2023 -- Experienced developer EKN Development Group partners with culinary-first hotel brand Appellation – co-founded by luxury hospitality veteran Christopher Hunsberger and celebrated American chef Charlie Palmer – to launch Appellation Petaluma, California's first experiential boutique hotel. Debuting in 2026, the 93-room property will set a new standard for hospitality in the destination, while embracing Petaluma's local place, culture and rich history. The Downtown Petaluma property will bring renowned local James Beard award-winning chef to the destination – Cha...
IHG Hotels & Resorts Plans to Bring Vignette Collection Brand to Japan With Landmark 1,000-Room Osaka Hotel Agreement
IHG Hotels & Resorts | January 20, 2023
20 January 2023 – Osaka, Japan: IHG Hotels & Resorts today announces that it has entered exclusive negotiations to add a flagship Osaka hotel with more than 1,000-rooms to its Vignette Collection brand for the first time in Japan. IHG plans to enter into a long-term agreement with The Royal Hotel, Limited and BentallGreenOak (BGO) to add the iconic RIHGA Royal Hotel Osaka to its system in 2023. It will then relaunch as RIHGA Royal Hotel Osaka - Vignette Collection in 2025, following an extensive refurbishment and repositioning of the asset. With more than 87 years of history and an enviable location in Nakanoshima, an island in...
Six Senses Tel Aviv to Open in the Iconic Golden Triangle
Six Senses | January 20, 2023
BANGKOK – January 20, 2023 – On the sandy shores of the Mediterranean Sea, Tel Aviv is a city of contrasts, blending vibrant nightlife and classic art, Bauhaus and skyscrapers, and heritage and innovation, the latter ranking second only to Silicon Valley in terms of its start-up ecosystem. Nowhere else, therefore, will Six Senses Tel Aviv feel more at home, with its mix of five 110-year-old preservation buildings and sophisticated LEED Platinum sustainability standards for the new tower. The original five buildings date back to 1909 – the early days of Tel Aviv as the world now knows it –and are the best remaining heritage of the Ahu...
Hotel Pipeline Activity Down Around the World, Except in Middle East & Africa
STR | January 20, 2023
LONDON—Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the fourth quarter, according to December 2022 data from STR. December 2022 (% changes in comparison with December 2021) Europe In Construction: 189,698 rooms (-14.5%) Final Planning: 140,663 rooms (-14.1%) Planning: 153,587 rooms (-3.6%) Total Under Contract: 483,948 (-11.2%) Germany (36,162) and the U.K. (28,426) lead Europe in total rooms in construction. Asia Pacific In Construction: 476,942 rooms (+0.6%) Final Planning: 108,955 rooms (-36.0%) Planning: 305,339 rooms (+2.6%)...
IHG to Open First Holiday Inn Hotel in Lahore, Pakistan
IHG Hotels & Resorts | January 19, 2023
Lahore, Pakistan, 19th January 2023: IHG® Hotels & Resorts, one of the world’s leading hotel companies, with presence in more than 100 countries, has announced the signing of a management agreement with Pakistan-based real estate development company Delta Centauri Pvt. Ltd (part of Providential Group) for its first “Holiday Inn hotel”, in Lahore, Pakistan. The hotel is due to open in 2026 and will bring an internationally renowned brand to leisure and business travellers visiting Pakistan in the coming years. Situated in Lahore, part of the Punjab province in Pakistan and well established as the economic hub of the country, t...
Fairmont Hotels & Resorts Continues US Expansion With Signing of Fairmont Manchester San Diego
Fairmont Hotels & Resorts | January 19, 2023
Fairmont Hotels & Resorts, part of world leading hospitality group Accor, and Manchester Financial Group today announced the signing of definitive agreements for the development and management of a Fairmont hotel in downtown San Diego, California. “We are thrilled to have the opportunity to work again with our partners at Manchester Financial Group to bring another landmark property to life,” said Mark Willis, CEO, Fairmont Hotels & Resorts. “Opening as our largest-to-date Fairmont in the US, this project represents an incredible opportunity to bring the signature luxury experience for which Fairmont is known around the globe...
STR: U.S. Hotel Construction Up Year Over Year for First Time Since Late 2020
STR | January 18, 2023
HENDERSONVILLE, Tennessee—After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR. At a market-level, New York City, Phoenix and Dallas are set to see the largest supply percentage increases from current construction. Among the chain scales, the Luxury and Upscale segments lead in that measurement. U.S. Hotel Pipeline December 2022 (percentage change in comparison with December 2021): In Construction: 159,344 rooms (+0.3%) Final Planning: 213,066 rooms (+15.0%) Planning: 240,092 rooms (-15.6%) “While the overall pipeline ...
CBL Properties and Vision Hospitality Group to Develop Element by Westin at Mayfaire Town Center in Wilmington, North Carolina
Vision Hospitality Group | January 18, 2023
CHATTANOOGA, Tenn.--CBL Properties (NYSE:CBL) and Vision Hospitality Group, Inc. today announced plans to develop a 139-room Element by Westin at Mayfaire Town Center in Wilmington, North Carolina. The new hotel marks the brand’s entrance into the Wilmington market. The 83,000-square-foot hotel will be located on International Drive. “We are thrilled to partner with Chattanooga-based Vision Hospitality Group to bring the unique lodging experience of Element to Mayfaire Town Center,” said Stephen Lebovitz, chief executive officer of CBL Properties. “CBL’s strategy is to bring new uses to our properties such as entertainment, dinin...
MARAEY Signs Agreement With Marriott to Build Three Distinct Hotels in Maricá, on Rio de Janeiro’s Sun Coast
MARAEY | January 17, 2023
MARAEY, Brazil's principal sustainable tourist-residential enterprise, today announced that it has signed an agreement with Marriott International, Inc., to build three distinct hotels in Maricá, Rio de Janeiro. The projects are strategically located to create an international tourist destination focused on sustainability and innovation, as well as high-end service and experiences. Situated just 45 km from Rio de Janeiro, the three-hotel complex is anticipated to mark the introduction of the exclusive Ritz-Carlton Reserve brand to Brazil and South America. In addition, the planned JW Marriott is expected to be one of the brand's first al...
Choice Signs With The Brittano Group to Develop Ascend Hotel Collection in South Boston, Virginia
Choice Hotels International, Inc. | January 11, 2023
ROCKVILLE, Md., Jan.11, 2023 -- Choice Hotels International, Inc. (NYSE:CHH) has finalized an agreement with The Brittano Group, Inc. to develop a new member of the Ascend Hotel Collection in South Boston, Virginia: The Rook Hotels. This agreement marks the first Ascend hotel awarded through the company's emerging markets franchise development program in 2022, as Choice advances its longstanding commitment to increase diversity across the hospitality industry. To commemorate the occasion and the Ascend Hotel Collection's continued growth into travelers' favorite vacation destinations, Choice Hotels executives and represen...
LRE & Companies Unveils Plans for New 13-Acre Mixed-Use Development Project in Fernley, Nevada
LRE & Companies | January 5, 2023
SAN RAFAEL, CA — January 5, 2023 — LRE & Companies, a full-spectrum real estate development, asset manager, construction, and hotel management company, has unveiled plans for Fernley Promenade, a 13-acre mixed-used development project comprising of industrial, retail, and hotel, in Fernley, NV, one of the fastest-growing cities in The Silver State. “We’ve developed, opened, and operated hundreds of restaurants throughout Northern California and Western Nevada over two decades,” said Akki Patel, CEO of LRE & Companies. “Throughout our journey, we perfected the process of identifying the right pieces of real estate a...
Pontiac Land Group Celebrates Completion of Capella Sydney’s Construction Phase
Capella Hotels and Resorts | December 22, 2022
22 December 2022 – Pontiac Land Group hosted distinguished guests from the NSW government, City of Sydney and the Singapore High Commission to Australia at a special ceremony marking the completion of Capella Sydney’s construction phase. Following seven years of meticulous planning, conservation and renovations, the former Department of Education building has been transformed into a 192-room hotel where contemporary design meets storied architectural features. Opening in March 2023, Capella Sydney will elevate luxury accommodation options for business and leisure travellers, bringing heightened cultural immersion to the city’s historic...
New Urban Resort and Hospitality Company Wafaifo Launched in Vietnam
December 22, 2022
HOI AN, VIETNAM – A new international hospitality brand and hotel called Wafaifo has been launched in central Vietnam. The company will open the 134-key lifestyle resort, the Wafaifo Resort Hoi An, in Q1 2024 as part of a strategic plan that includes a new mall, a hospitality asset management service, and other tourism-related projects. The new company is based in Hoi An. Its name, Wafaifo, derives from “wa” from water, and “faifo”, the historical name of Hoi An. Wafaifo intends to offer hospitality project consultancy across Indochina, drawing on the hotel industry expertise of its co-founders, Managing Director, Mr Pieter v...
