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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

Melissa Oliver Joins Marriott Syracuse Downtown as Director of Sales and Marketing

Marriott Syracuse Downtown | November 7, 2018

SYRACUSE, N.Y. – Nov. 7, 2018 – Marriott Syracuse Downtown has named Melissa Oliver as its new director of sales and marketing. A native New Yorker, Oliver brings to her role a decade of leadership experience in the hospitality industry. "No stranger to objective-driven sales and marketing strategies, Melissa has an impressively successful track record in the industry," said Todd Plouffe, general manager of Marriott Syracuse Downtown. "Add to that her New York State roots and passion for the region, and she is an ideal match for the Marriott Syracuse Downtown team." Oliver most recently served as director of sales and market...

IHG Signs Agreement with Al Arabiya Real Estate Company for Staybridge Suites in Kuwait

IHG | November 6, 2018

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has signed a management agreement with the Al Arabiya Real Estate Company, owned by the leading Kuwaiti conglomerate, The Bukhamseen Group to debut Staybridge Suites in Kuwait, with the development of Staybridge® Suites Kuwait Salmiya. The new hotel is due to open in January 2022 and will add to IHG's growing portfolio in the Middle East. Located in Salmiya, close to the commercial and upscale residential blocks beside the Persian Gulf coastline, the 120-keys Staybridge® Suites Kuwait Salmiya will offer long-stay guests a choice of one-bedroom ...

JAM Hospitality Opens Four Points by Sheraton Greensboro Airport in North Carolina Following Conversion

Four Points | November 1, 2018

Marriott International, Inc.® today announced the opening of Four Points by Sheraton Greensboro Airport. Catering to the needs of today's everyday traveler, the hotel offers approachable design, stylish comfort and all the brand's popular extras including a 24-hour fitness center, heated pool, fast and free Wi-Fi throughout the hotel, and the Best Brews & BBQ™ program, detailed below. Asset managed by JAM Hospitality, Four Points by Sheraton Greensboro Airport, previously under the name Comfort Suites Greensboro Airport offers 112 spacious guest rooms, over 825 sq. ft. of meeting space, a 24-hour fitness center, business c...

Marriott International and Eagle Hills Sign St. Regis Tamuda Bay Slated to Open Mid-2020

St. Regis Hotels & Resorts | October 31, 2018

MARYLAND, United States of America, October 31, 2018/ -- Marriott International (www.Marriott.com) and Eagle Hills today announced the signing of The St. Regis Tamuda Bay, marking the debut of the iconic luxury hospitality brand in Morocco. Located in the stylish epicenter of Tamuda Bay on the country's northwestern coast, the hotel is slated to open in mid 2020. The property will be part of La Bahia Blanca, a landmark lifestyle resort development being built by Eagle Hills, an Abu Dhabi-based private real estate investment and development company. The resort will exude Moroccan charm and pay tribute to the Andalusian cultural legacy th...

Ledrae Hotels Pty Ltd Signs With Hilton for Development of Hilton Parramatta in Australia

Hilton Hotels & Resorts | October 31, 2018

SYDNEY and MCLEAN, Va. - Hilton today announced the signing of Hilton Parramatta, which will add to Hilton Hotels & Resorts' portfolio of 101 world class properties in the Asia Pacific region. Under a management agreement with Ledrae Hotels Pty Ltd, Hilton will manage the new-build hotel, located in the heart of one of Sydney's fastest growing suburbs. Construction of the 245-room hotel will commence Q4 2018 and is due for completion by late 2020. "The signing of Hilton Parramatta is the latest example of Hilton's commitment to growing our portfolio within fast-emerging business and leisure markets," said Sean Wooden, vice president...

Amy McPherson, Marriott’s President and Managing Director of Europe, to Retire

Marriott International, Inc. | October 31, 2018

BETHESDA, Md., Oct. 31, 2018 -- Marriott International, Inc. (NASDAQ: MAR) announced today that Amy McPherson, President and Managing Director of Europe, which encompasses the United Kingdom, Ireland and Continental Europe, will retire from the position effective the end of March 2019. McPherson, who has been with the company for 32 years, is leaving to pursue two of her passions: nurturing a start-up business in the UK, of which she is a principal investor, and spending more time with her family in the United States. "It's hard to imagine life at Marriott without one of its most accomplished, home-grown leaders," said Arn...

IHG and IHG Owners Association Announce Renovation Donation Initiative

IHG | October 30, 2018

Industry-leading effort will help hotels manage removal of materials during renovations and make a positive difference in local communities IHG® (InterContinental Hotels Group) and the IHG Owners Association have launched the Renovation Donation Initiative, an industry-leading reuse program that is part of a shared commitment to operating responsibly. IHG-branded hotels undergoing renovation or property improvements in the U.S. and Canada will be able to donate furniture, fixtures and equipment to non-profit organizations, including United Way Worldwide and Good360. The Renovation Donation Initiative will reduce the amount of materi...

Hotel Equities Promotes Joe Reardon to Chief Development Officer

Hotel Equities | October 30, 2018

ATLANTA, GA – October 30, 2018 – Today, Atlanta-based Hotel Equities (HE) announced the promotion of Joe Reardon to Chief Development Officer. In his new role, Reardon will oversee all aspects of development for the hotel ownership, management and development firm. Reardon brings 25 years of industry experience and an unwavering commitment to the company's core values to his new position. In his previous role, Reardon served as SVP of Business Development & Marketing where he orchestrated the firm's impressive expansion. "Joe has been a tremendous asset to the organization," said Brad Rahinsky, President & CEO o...

Hilton Signs Agreements for Two New Properties in Japan

Hilton Hotels & Resorts | October 26, 2018

TOKYO, Japan and MCLEAN, Va. - Hilton (NYSE: HLT) today announced the signing of two agreements in Japan for Hilton Hiroshima and Hilton Nagasaki. These new deals form part of Hilton's development pipeline of four hotels in Japan, with plans to add more than 600 rooms in key markets throughout the country. "We are thrilled to announce two new properties in Japan. This announcement underlines our strong commitment to the Japan market," said Guy Phillips, senior vice president, Development, Asia & Australasia, Hilton. "Through strong partnerships with our owners, we are looking forward to contributing to the local economies of Hiroshi...

Christopher Akoury Named General Manager of Embassy Suites by Hilton Parsippany

Embassy Suites by Hilton | October 26, 2018

PARSIPPANY, NJ. - Embassy Suites by Hilton Parsippany, owned by Park Hotels & Resorts and managed by Hilton Management Services, today appointed Christopher Akoury the hotel's new General Manager. Most recently, Akoury served as General Manager of Embassy Suites by Hilton Piscataway-Somerset and Director of Brand Relations at The Friendwell Group. Embassy Suites by Hilton is a global brand of upscale, all-suite hotels from Hilton (NYSE: HLT). In his new role, Akoury will be responsible for overseeing the day-to-day operations of the 274-suite hotel including guest services, hotel administration and marketing efforts. Akoury began hi...

Economically Speaking: Must All Good Things Come to an End?

DRB Development Solutions | October 26, 2018

By Donald R. Boyken, FRICS, FAACE, CCP Each year, The Hotel Lodging Conference invites leading economists to offer their predictions for the Hotel industry. This year, there was more belief in their predictions than in prior years. I say belief because judging by their presentations it was clear they included their political preference as part of their forecasting. The conclusion/question: How long could the good times roll? The pessimistic and optimistic outlooks agree – Something will happen to the economy in the next two years. However, the degree of impact was tainted by their political outlook. Readers of this article underst...

Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC

Spirides Hospitality Finance Company | October 26, 2018

TAMPA, FL—Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $7.8 million construction and term first priority mortgage loan from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Rock Hill, South Carolina. This soon to be built Holiday Inn Express will feature 92 guest rooms and suites in a 5-story building situated on 1.4 acres of land. It will be located at 680 Tinsley Way, just off of Interstate 77 at the Dave Lyle Boulevard exit, in the City of Rock Hill, York County, SC, which is part of the Charlotte, NC metropolitan area. The hotel will be locat...

Owned and Managed by Tharaldson Hospitality Management, Residence Inn by Marriott Set to Open in Sparks, Nevada

Residence Inn by Marriott | October 25, 2018

Sparks, NV – October 25, 2018 – The 104-suite Residence Inn by Marriott in Sparks, Nevada is scheduled to open this Friday, October 26, 2018. Located at 300 Legends Bay Drive, the all-suite Residence Inn Reno/Sparks will operate as a Marriott franchise, owned and managed by Tharaldson Hospitality Management of Decatur, Illinois. Located just steps from the Sparks Marina and 10 minutes from Reno-Tahoe International Airport, the Residence Inn Reno/Sparks offers its guests convenient access to downtown Reno, Wild Island Family Adventure Park and The Outlets at Legends. "We are pleased to introduce Residence Inn hotels in the Sp...

Heritage Hospitality Management Opens 98-Room Fairfield Inn & Suites by Marriott in Staunton, Virginia

Fairfield Inn & Suites | October 25, 2018

Staunton, VA – October 25, 2018 – The 98-room Fairfield Inn & Suites by Marriott in Staunton, Virginia opens with its smart, inventive public space and guest room design, and its bright and inviting décor. Located at 114 Crossing Way, the Fairfield Inn & Suites Staunton will operate as a Marriott franchise, managed by Heritage Hospitality Management. Whether traveling for business or pleasure, the Fairfield Inn & Suites Staunton offers guests convenient access to the Blue Ridge Parkway, the Frontier Culture Museum of Virginia, Mary Baldwin College and historic downtown Staunton. "Delivering both function a...

What Hotel Owners Need to Know About Using Out-of-State Contractors for Renovations

Cicero's Development Corporation | October 25, 2018

PLAINFIELD, IL, OCTOBER 25, 2018 -- A quality renovation is essential to the success of any hotel. Despite this, many hotel owners think that 'reno' is a four-letter word. This is a mistake that comes with serious consequences, especially when it comes to selecting a general contractor.

 More concerned about cutting costs than a positive outcome, a hotel owner may select a less qualified, inexperienced local contractor rather than an out-of-state "GC" with extensive expertise in hotel renovations and PIP requirements. Local knowledge is a bonus with access to labor and the municipal approval process. On the other side of ...

Pyramid Hotel Group Opens DoubleTree by Hilton Manchester Downtown in New Hampshire Following Multi-Million Renovation and Rebranding

Pyramid | October 25, 2018

MANCHESTER, N.H. - Following a multimillion-dollar revitalization project, Manchester's iconic venue for business travelers, presidential candidates, weddings, conventions and business events opens today as DoubleTree by Hilton Manchester Downtown. The DoubleTree by Hilton Manchester Downtown team, Manchester Mayor Joyce Craig and representatives from the Greater Manchester Chamber of Commerce took part in a ceremony today to unveil the new DoubleTree by Hilton sign and introduce the hotel to the community. Along with renovated guest rooms, a reconfigured lobby and a Hilton Honors Executive Lounge, the new DoubleTree by Hilton Mancheste...

Midas Hospitality Set to Open Dual-Branded Residence Inn and Courtyard Hotel in St. Louis, Missouri

Midas Hospitality | October 23, 2018

(St. Louis, Mo., Oct. 24, 2018) While Midas Hospitality has multiple hotels in 14 states throughout the country, the latest property – its 15th in Missouri – was built practically in its very own backyard. The dual-branded Residence Inn and Courtyard by Marriott will open its doors Oct. 26 at 12815 Daylight Dr. in West County. The four-story, 136,000-square foot hotel is located at Manchester Rd. and I-270. The hotels were developed and are owned by the Roberts' families, principals of Commercial Development Company, Inc., who have owned the former quarry property for more than 25 years. The 101-room Residence Inn and the 11...

Autograph Collection Hotels to Welcome Sankara Nairobi Marking the Debut of the Brand Into Kenya

Autograph Collection Hotels | October 23, 2018

NAIROBI, Kenya, October 23, 2018 -- Autograph Collection Hotels (www.AutographHotels.com), Marriott International's (www.Marriott.com) distinctive collection of passionately independent hotels, announced that it will soon debut the brand into Kenya with Sankara Nairobi (www.Sankara.com) slated to join the brand's diverse and distinguished portfolio of over 150 independent hotels around the world. A hallmark of hospitality in Kenya's capital city, the Sankara Nairobi shares the brand's values of vision, design and craft and its' exactly like nothing else mantra. Owned by Westlands Hotels Limited, the hotel is expected to be rebranded in ...

Hilton Debuts New Hostel-Inspired Brand, Motto

Hilton | October 23, 2018

MCLEAN, Va. - Hilton (NYSE: HLT) today announced the launch of Motto by Hilton, its newest affordable lifestyle brand that will empower guests by giving them the freedom to create their own experiences in the world's most sought-after cities. As Hilton approaches its 100th anniversary, it continues to pioneer the hospitality landscape with a new brand to address the needs and desires of the evolving global traveler. "Hilton prides itself on being a leader in the hospitality industry and evolving with the needs of our guests," said Christopher J. Nassetta, president and CEO, Hilton. "Innovation is in our DNA, and as we embark on our 100t...

Hilton Signs Management Agreement With Kitz Immobilieninvest to Open Grand Tirolia Hotel Kitzbuhel, Curio Collection by Hilton

Curio Collection by Hilton | October 18, 2018

KITZBUHEL, Austria and MCLEAN, Va. - Hilton (NYSE: HLT) today announced the signing of a management agreement with Kitz Immobilieninvest GmbH to open Grand Tirolia Hotel Kitzbuhel, Curio Collection by Hilton. The 81-guest room hotel will be Hilton's first hotel in the resort town of Kitzbuhel. Patrick Fitzgibbon, senior vice president, development, EMEA, Hilton said: "Kitzbuhel is one of the leading Alpine resorts. A renowned sporting and year-round destination, Kitzbuhel hosts a number of high profile events, including the famous Hahnenkammrennen ski race and the Austrian Tennis Open. We look forward to officially welcoming guests to G...

IHG Relaunches Regent® Hotels & Resorts Brand and Signs With Formosa International Hotels for First Property Since Acquisition

IHG | October 18, 2018

IHG® (InterContinental Hotels Group) has today announced a signing for its Regent® Hotels & Resorts brand in Kuala Lumpur, Malaysia, alongside its relaunch of the brand that set the standard for luxury hotels. IHG announced the acquisition of a majority stake in Regent Hotels & Resorts in March, bringing the much-loved brand into the top end of its portfolio, and increasing IHG's presence in a fast-growing luxury segment worth $60bn. IHG has worked quickly to combine its expertise in luxury with Regent's deep heritage and revered legacy, and through consumer research and feedback from owners and industry experts, has evo...

Raj Patel Hospitality to Open Fairfield Inn & Suites by Marriott in Tyler, Texas

Fairfield Inn & Suites | October 18, 2018

The 88-room Fairfield Inn & Suites by Marriott in Tyler, Texas is set to open on Monday, October 22, 2018 with a new décor that provides guests with a feeling of warmth and calm while traveling. Located at 309 West Heritage Drive, the Fairfield Inn & Suites Tyler South will operate as a Marriott franchise, owned by Raj Patel Hospitality and managed by Hotel Equities of Atlanta, Georgia. General Manager Peter Wagner and Director of Sales Heather Trammell lead the management team at the property. The Fairfield Inn & Suites Tyler South offers guests convenient access to The Village at Cumberland Park, Kiepersol Winery an...

Continental Real Estate Developers and Affiliates of Concord Hospitality Enterprises Set to Open New Dual-Branded SpringHill Suites and TownePlace Sui

SpringHill Suites by Marriott | October 16, 2018

Columbus, Ohio – October 16, 2018 – Marriott International, Inc. today announced that a combined 122-suite SpringHill Suites and 140-suite TownePlace Suites hotel in Columbus, Ohio will open this Thursday, October 18, 2018. Located at 4048 Morse Road, the hotel ownership is a joint venture between Continental Real Estate Developers and affiliates of Concord Hospitality Enterprises of Raleigh, N.C. The four-story property will be managed by Concord Hospitality and will share 1,400 square feet of meeting space, a fitness center, an indoor swimming pool and a patio with Weber gas grills for guest comfort and convenience. Locate...

GCC Countrywide Hotel Performance Indicators

HVS | October 16, 2018

GCC countries have supported and grown inbound tourism in the last 15-20 years. The GCC region continues to drive growth and investment opportunities and HVS remain confident that accommodated room night demand will grow despite the aggressive development pipeline. GCC Countrywide Occupancy Historic (1998-2017) and Forecast – 5 Year Average 5 Year Average GCC Countrywide Occupancy with HVS Forecast Source: HVS Research A number of demand generators will induce additional room nights in each of the GCC countries over the next 5 and 10 years. Specifically, we forecast occupancy in Qatar to average 66% on account of the ongoing deve...

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