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Development

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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

Wyndham Unveils 24th Brand – ECHO Suites Extended Stay by Wyndham

Wyndham Hotels & Resorts | November 1, 2022

PARSIPPANY, N.J., Nov. 1, 2022 -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels across more than 95 countries, today unveiled the name of its 24th brand, ECHO Suites Extended Stay by Wyndham. Officially the fastest growing brand in Wyndham's development pipeline, the brand, which continues exceeding expectations while receiving strong interest from developers, has 120 hotels in its pipeline across the U.S. (as of September 30th), well ahead of the Company's previously-shared end-of-year goal. "In six short months, ECHO Suites Extended Stay by Wyndham has secured its p...

IHG Signs With Dana Bay Tourism Company to Open InterContinental Al Khobar Dana Bay

IHG Hotels & Resorts | November 1, 2022

DUBAI, UNITED ARAB EMIRATES, 01 NOVEMBER 2022: Reaffirming its commitment to the Kingdom’s Vision 2030, IHG® Hotels & Resorts, one of the world’s leading hotel companies in the world, has signed a Management Agreement with Dana Bay Tourism Company to open InterContinental Al Khobar Dana Bay and expand its luxury footprint in the Kingdom. IHG Hotels & Resorts recently celebrated the 75th anniversary of the InterContinental Hotels & Resorts brand. From one hotel to more than 200, InterContinental has grown with the advent of technology and evolving hotel operations, but its pioneering spirit of luxury travel endures. ...

Marriott International Signs Agreement to Bring The Ritz-Carlton to Australia’s Gold Coast

Marriott International | October 31, 2022

Marriott International, Inc., today announced the signing of an agreement with Australian property developers Pelligra Group and Giannarelli Group to bring Australia’s third Ritz-Carlton hotel to the Gold Coast by 2026. The Ritz-Carlton, Gold Coast,, will serve as an integral component of a $480 million new waterfront development at Mariner’s Cove, set to reinvigorate Australia’s sixth largest city as a luxury travel destination. “Marriott International is recognized as the global leader in the upper upscale and luxury segments. Today’s signing with Pelligra Group and Giannarelli Group is a profound indication of strong investor ...

Three Franchise Companies Account for 66% of the Projects in the U.S. Construction Pipeline at Q3 2022 Close

Lodging Econometrics (LE) | October 31, 2022

October 31, 2022 – PORTSMOUTH, NH According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of Q3 2022 are led by Marriott International with 1,385 projects/168,725 rooms. Following Marriott is Hilton Worldwide with 1,351 projects/152,383 rooms, and InterContinental Hotels Group (IHG) with 787 projects/79,382 rooms. Combined, these three companies account for 66% of the projects and 64% of the rooms in the total pipeline. Each company has seen growth year-over-year. These three franchise companies also have the ...

At the Close of Q3 2022, Dallas Has the Largest Hotel Construction Pipeline in the U.S. With 174 Projects

Lodging Econometrics (LE) | October 31, 2022

October 31, 2022 – PORTSMOUTH, NH According to the third 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 174 projects, accounting for 20,676 rooms. Following Dallas is Atlanta with 139 projects/17,843 rooms, Los Angeles with 118 projects/19,062 rooms, Phoenix with 113 projects/15,508 rooms, and New York with 102 projects/17,805 rooms. U.S. markets with the most projects currently under construction are New York with 69 projects/11,781 rooms and Atlanta with 25 projects/3,798 rooms. Fol...

RIU Hotels & Resorts to Debut in the UK With 2023 Opening of Riu Plaza London Victoria

RIU | October 27, 2022

RIU Hotels & Resorts will open in the spring of 2023 its first hotel in the United Kingdom, the Riu Plaza London Victoria. The visitors to this year’s World Travel Market (WTM) will be able to learn all the details of this new project, as well as more of RIU’s new developments, at the company’s stand UKI301. Located in one of London’s premium neighbourhoods, the building has been refurbi...

Japan’s Palace Hotel Brand Expands to Taiwan With Planned Ambassador Palace Hotel Taipei

Palace Hotel Tokyo | October 27, 2022

TOKYO (October 27, 2022) – An iconic independent Japanese hotel brand, known for its rich history and homegrown hospitality, is embarking on its first-ever luxury project overseas with a Taiwanese property that also has a notable past and deep roots in the local culture. After over five decades in operation, the landmark Ambassador Hotel Taipei has closed its doors to undergo a complete redesign. Once razed and rebuilt by The Ambassador Hotel Co. Ltd., its brand-new iteration is slated to be unveiled in 2028 as Ambassador Palace Hotel Taipei, a world-class property to be managed by Palace Hotel Co., Ltd. “It’s fitting that our first l...

Rosewood Hotels & Resorts Signs With Gruppo Statuto to Debut Rosewood Milan in 2025

Rosewood Hotels & Resorts | October 27, 2022

Rosewood Hotels & Resorts, a global leader in luxury travel and lifestyle experiences, has been appointed by real estate firm Gruppo Statuto to manage Rosewood Milan, which will open in 2025 in the heart of the city. The new property marks the brand’s fourth hotel in Italy, following the recent announcements of Rosewood Rome and Rosewood Hotel Bauer in Venice. These three projects will join Rosewood’s beloved Italian estate resort, Rosewood Castiglion del Bosco in Tuscany, and demonstrate Rosewood’s strategic growth trajectory across Europe and within Italy particularly. Rosewood Milan will be well-situated on the edge of t...

IHG Signs With HOC Hospitality Investments for First Vignette Collection Hotel in Zimbabwe, Africa

IHG Hotels & Resorts | October 26, 2022

DUBAI, UNITED ARAB EMIRATES, 26 OCTOBER 2022: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a Management Agreement with HOC Hospitality Investments Ltd., for a new build Vignette hotel in Victoria Falls, Zimbabwe.  The signing marks the brand’s foray into Middle East and Africa region, as the 10th Vignette hotel, coinciding with its first Anniversary. Vignette Collection is a family of one-of-a-kind exclusive hotels curated for guests seeking rich and varied independent stay experiences. Where luxury meets purpose, Vignette Collection hotels weave responsibility, community, and lo...

Olympia Hotel Management to Operate a New Hotel on the Campus of the University of Maine

Olympia Hotel Management (OHM) | October 26, 2022

Orono, Maine. October 26, 2022. Olympia Hotel Management (OHM) has announced that it has been selected to operate a new hotel on the campus of the University of Maine (UMaine) in Orono. The groundbreaking ceremony was held on October 1, 2022, and the hotel is expected to be completed in early 2024. The property is being developed by Radnor Property Group LLC, a real estate development company with a strong presence in higher education public-private partnership (P3) projects in the northeast, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets. Two historic University b...

The U.S. Hotel Construction Pipeline Shows Positive Growth Year-Over-Year at Q3 2022 Close

Lodging Econometrics (LE) | October 26, 2022

October 26, 2022 – PORTSMOUTH, NH According to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY). At the close of Q3, there are 987 projects/135,050 rooms under construction in the U.S. Projects scheduled to start construction in the next 12 months, stand at 2,074 projects/236,894 rooms, up 14% by projects and 13% by rooms YOY, respectively. Project counts in the early planning stage reached record highs, in Q3, standing at 2,256 projects/257,545 rooms, a 1...

Accor Inks Deal With Panthers Group for New Five-Star Pullman Sydney Penrith

Pullman Hotels & Resorts | October 25, 2022

Accor has signed an agreement with Panthers Group for a new five-star Pullman hotel at the Penrith Panthers precinct in Western Sydney. The upper upscale 153-room Pullman Sydney Penrith hotel, which is slated to open in the fourth quarter of 2023, forms part of Panthers Group’s landmark transformation of the Penrith Panthers precinct to create a new state-of-the-art business and entertainment destination. The hotel is adjoined to the new 1,250 square metre Western Sydney Conference Centre (WSCC), which remains on track to open in Q4 2023 too, and will boast a range of onsite facilities, including a restaurant and bar with private dining r...

IHG Hotels & Resorts Signs First Americas Vignette Collection Hotel in Mexico’s Yucatan Peninsula

IHG Hotels & Resorts | October 24, 2022

IHG has signed the first Vignette Collection hotel in the Americas region – El Gran Encomendero – in Mexico’s Yucatan Peninsula.  IHG has signed the first Vignette Collection hotel in the Americas region – El Gran Encomendero – in Mexico’s Yucatan Peninsula.  IHG has signed the first Vignette Collection hotel in the Americas region – El Gran Encomendero – in Mexico’s Yucatan Peninsula. ATLANTA (October 24, 2022) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced the signing of its newest Vignette Collection hotel in Mexico’s Yucatan Peninsula. The signing of E...

Marriott International Signs Agreement With Grupo Puntacana and Mac Hotels to Bring W Hotels Brand to the Dominican Republic

Marriott International | October 24, 2022

Marriott International, Inc., today announced the signing of a management agreement with Grupo Puntacana and MAC Hotels to begin construction on the W All-Inclusive Punta Cana in Uvero Alto, an adults-only, all-inclusive luxury property in the Dominican Republic. This hotel is expected to be the first W Hotels property in the market and one of the first W All-Inclusive resorts globally. W All-Inclusive Punta Cana Uvero Alto is anticipated to feature 349 guest rooms with balconies and plunge pools, as well as several suites. With immersive and dynamic adult-focused programming, plans for the resort include a spa with 11 treatment rooms, a r...

Deutsche Hospitality Celebrates Topping Out of First Zleep Hotel in the Czech Republic

Deutsche Hospitality | October 20, 2022

Scandinavian design encounters the Czech capital: Zleep Hotels celebrated the next milestone in its European expansion on 12 October 2022 with a topping-out ceremony for Zleep Hotel Prague. This first hotel in the Czech Republic will feature 166 rooms as well as a lobby, reception, and snack bar in Scandinavian design. Zleep Hotel Prague is to be completed by 2024 as part of a mixed-use development project consisting of an international school, residential units, offices and a retail area. It is located in the Waltrovka development zone, a project being carried out by the Penta Group that includes modern residential and commercial buildings a...

Cameron Mitchell Restaurants and Crawford Hoying Bring Premier Boutique Hotel to Downtown Dublin, Ohio

Cameron Mitchell Restaurants | October 20, 2022

Dublin, Ohio (October 20, 2022) – Award-winning, Columbus-based Cameron Mitchell Restaurants (CMR) and noted mixed-use developer Crawford Hoying have announced their partnership in bringing a first-of-its kind, upscale hotel to Central Ohio. The boutique hotel will feature a new signature CMR restaurant, several unique food and beverage options, multiple outdoor spaces, and an event and conference center -- each embodying CMR’s extraordinary genuine hospitality and culinary excellence. Located Southeast of the 161 roundabout at Riverside Drive and West Granville Road, the hotel will be part of a mixed-use expansion of Bridge Park in do...

Accor Brings Mövenpick’s Swiss Hospitality to Central Jakarta

Accor  | October 20, 2022

JAKARTA, INDONESIA, 20 OCTOBER 2022 – Accor, the largest international hotel operator in Southeast Asia expands its footprint in Indonesia with the signing of its second Mövenpick property in Jakarta. Scheduled to open its doors in the third quarter of 2023, Mövenpick Jakarta Pecenongan is perfectly located in Central Jakarta, just moments from major landmarks, including the Merdeka Presidential Palace and National Monument. This striking 23-storey hotel is being completely transformed in line with the unique style and international standards of Mövenpick Hotels & Resorts. The premium brand from Accor, celebrates Swiss hospitalit...

Development Launched for the Okura Resort & Spa Phu Quoc at Long Beach Resort in Vietnam

Trading Construction Works Organization | October 19, 2022

TOKYO--Hotel Okura Co., Ltd., is pleased to announce that the Okura Resort & Spa Phu Quoc will open in 2027 at the premier resort of Long Beach on Phu Quoc Island in Vietnam. The company has contracted with Trading Construction Works Organization to manage the new property. The 20-km long white sandy Long Beach is the only location in Vietnam where people can watch the sun set over the ocean, offering spectacular views as the day comes to an end. The new hotel will feature 200 guest rooms, each with standard area of approximately 50 square meters. It will have five dining facilities and lounges, including a restaurant offering Japan...

Extended Stay America Signs Deal With Concord Hospitality and Whitman Peterson for 15 Extended Stay America Premier Suites

Extended Stay America | October 18, 2022

New construction properties will be located in major cities across the Western United States  Charlotte, NC, October 18, 2022 — Extended Stay America announced today it signed a development agreement with a partnership comprised of Concord Hospitality and Whitman Peterson to develop 15 new Extended Stay America Premier Suites hotels. The properties will be located in major markets throughout the Western United States, including Denver, Colorado; Phoenix, Arizona; Las Vegas, Nevada; and Salt Lake City, Utah. "We are extremely excited to be announcing the addition of 15 new properties to our Extended Stay Premier Suites brand through this...

Accor Expands in Indonesia With Signing of Two New Hotels at Yogyakarta International Airport

Accor | October 18, 2022

JAKARTA - Accor is expanding its presence in Indonesia with the signing of two hotels at the new Yogyakarta International Airport. The opening of Novotel and ibis New Yogyakarta International Airport Kulon Progo will mark the arrival of two highly respected and trusted hotel brands to the gateway of Yogyakarta, one of the country’s largest cities and most culturally-rich destinations. This dual-branded project is strategically located only five minutes’ drive from the airport and about 45 minutes from Yogyakarta city centre. It will feature a total of 413 keys in a single development, with two distinctive wings connected by an elegant...

Driftwood Capital Breaks Ground on Oceanfront Element by Westin® Hotel in Melbourne, Florida

Driftwood Capital | October 17, 2022

Melbourne, Fla. (October 17,  2022) – Driftwood Capital (Driftwood), a vertically integrated commercial real estate firm providing superior risk-adjusted returns in hospitality, is pleased to announce it has broken ground on the Element by Westin®, a new 130-key extended-stay hotel located on prime oceanfront property in Melbourne, Fla., one of the beach towns along Florida’s popular “Space Coast.” The property is being built on the 2.56-acre site of a former parking lot located at 2605 N. Highway A1A in Melbourne, Fla., adjacent to The Crowne Plaza Melbourne, another property owned and operated by Driftwood Capital. It is the first...

Hilton Columbus Downtown Opens Second Tower and Becomes Largest Hotel in Ohio

Hilton | October 17, 2022

COLUMBUS, Ohio – Hilton (NYSE: HLT) announced today that Hilton Columbus Downtown has officially opened the doors to its second tower, making the hotel now the largest in Ohio. The hotel signifies the continued growth of Columbus and the ability to welcome major events and conventions in the city. Hilton Columbus Downtown, part of Hilton Hotels & Resorts, Hilton’s flagship brand, boasts 1,000 guest rooms, over 75,000 square feet of meeting and ballroom space, and four new food & beverage concepts across both towers. Construction of the LEED Gold Certified tower was made possible by a joint venture of Smoot Construction and...

Waldorf Astoria Set to Debut in Vietnam With Landmark Signing of Waldorf Astoria Hanoi

Hilton | October 13, 2022

This latest signing continues the brand’s entry into the world’s most sought‑after destinations, and signals optimism in the future of luxury travel MCLEAN, Va. – Waldorf Astoria Hotels & Resorts, Hilton’s (NYSE: HLT) iconic luxury hotel brand, today announced its entry into Vietnam with the signing of Waldorf Astoria Hanoi. The hotel, owned by BRG Group and managed by Hilton, continues the brand’s entry into the world’s most sought-after destinations such as Sydney, Tokyo, Jakarta, and Kuala Lumpur. Scheduled to open in 2025, Waldorf Astoria Hanoi will join Hilton’s pipeline of nine other hotels and resorts that wil...

White Lodging Breaks Ground on Kimpton in San Antonio, Texas

Kimpton Hotels & Restaurants | October 13, 2022

SAN FRANCISCO (October 13, 2022) – Today, Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, announced it will open its first hotel in San Antonio, Texas in late 2024. Located in the Central Business District and at the intersection of the city’s vibrant La Villita and Southtown neighborhoods, the 347-room hotel will be part new-build and part adaptive reuse of an 1850s-original schoolhouse. The property’s juxtaposition of the historic and the modern will embrace the city’s spirit of authenticity and the neighborhood’s creative energy. Owned and operated by White Lodging and ...

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