CBRE Expects RevPAR Growth to Improve in H2 2024, Driven by Holiday and International Travel
CBRE Group, Inc. | May 16th, 2024
Paramount Lodging Advisors Successfully Transacts Chicago Renaissance OHare Hotel
Paramount Lodging Advisors | November 7th, 2023
Hyatt Centric Brand Expands Into Italy With Opening of Two New Hotels in Venice and Milan
Hyatt Centric | May 2, 2019
CHICAGO (May 2, 2019) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Italy's first two Hyatt Centric branded hotels – Hyatt Centric Murano Venice and Hyatt Centric Milan Centrale. The hotels offer 119 and 141 guestrooms, respectively, and mark a significant milestone for Hyatt's growth in Europe, targeting adventure-seeking travelers. Hyatt Centric Murano Venice Hyatt Centric Murano Venice, Hyatt's first hotel in Venice, is located in the popular tourist destination of Murano, world famous for its handmade glass. The modern hotel is located steps from the renowned Murano Glass Museum and is close to Bas&...
Braemar Hotels & Resorts Unveils The Notary Hotel, an Autograph Collection Property Opening Early Summer 2019 in Philadelphia
May 2, 2019
DALLAS, May 2, 2019 -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the planned opening of The Notary Hotel in early summer 2019. Listed on the National Register of Historic Places, the former Courtyard by Marriott Philadelphia Downtown underwent a rebranding and renovation in excess of $20 million to create The Notary Hotel. Fusing Philadelphia's unique soul with its historic legacy, the hotel now joins Marriott International's Autograph Collection® Hotels, a diverse portfolio of 177 independent hotels around the world that reflect unique vision, design and craft. Originally designed by proli...
Blue Flag Acquires The Roberts Collection in Nantucket, Partnering With Life House on Management and Restoration
Life House Hotels | May 2, 2019
NANTUCKET, Mass., May 2, 2019 -- Local real estate firm Blue Flag Partners ("Blue Flag") has acquired The Roberts Collection, partnering with award-winning Life House hotel group on the management and future restoration of the historic, 58-room boutique hotel. Life House has taken over management of The Roberts Collection through the summer 2019 season, and in partnership with Blue Flag's in-house development, branding and construction teams will debut a transformed lifestyle hotel with multiple food and beverage concepts in the spring of 2020. This is the first collaboration between NYC-based Life House and Blue Flag, whi...
Mic Drop: Next REVERB by Hard Rock to Be Located in Sonoma Wine Country
May 2, 2019
HOLLYWOOD, Fla., May 2, 2019 -- REVERB by Hard Rock, Hard Rock's newest generation of music-centric hotels, is revving up the anticipation with the announcement of its second select service property, REVERB by Hard Rock Sonoma Wine Country, slated to open in summer of 2020. The property will join the inaugural REVERB by Hard Rock Atlanta, which is scheduled to open earlier next year. "REVERB by Hard Rock is lighting up the select service scene for 2020," said Todd Hricko, senior vice president, global hotel business development for Hard Rock Hotels. "The city of Cotati is the perfect location for our second REVERB, as...
Oakland’s Waterfront Hotel, A Joie De Vivre Property, Reveals Multi-Million Dollar Refresh and Appoints New General Manager
Joie de Vivre Hotels | May 1, 2019
(OAKLAND, Calif.; May 1, 2019)—Waterfront Hotel (10 Washington St., Oakland, Calif.), located in the vibrant neighborhood of Jack London Square, reveals a multi-million dollar refresh. In collaboration with Oakland-based design firm Studio Hatch, the marinafront lifestyle hotel's renovations enhance the lobby and collective spaces, meeting venues, as well as 145 guestrooms and suites. Waterfront Hotel now adorns a modernized finish, incorporating a lighter color palette and materials inspired by its maritime location. Waterfront Hotel features an inviting, cozy interior with subtle nautical influences. Surrounded by panoramic view...
Blue Water Development and Real Hospitality Set to Open New Aloft Hotel in Ocean City, Maryland
Aloft Hotels | May 1, 2019
Aloft Hotels, in partnership with East Coast hospitality specialist Blue Water Development and Real Hospitality, is pleased to announce the opening of its newest hotel for the next generation of travelers, Aloft Ocean City. Taking a design-driven, tech-forward approach to modern hospitality, this 120-room, pet-friendly hotel is located in the 45th Street Village on the bayside of Ocean City and is expected to officially open May 2, 2019. Aloft Ocean City will be equipped with beautifully appointed common areas; a state-of-the-art fitness center; an indoor and outdoor pool, including a poolside bar and private balconies overlooking Isle ...
Excel Hotel Group Opens 107-Key SpringHill Suites by Marriott in Escondido, California
SpringHill Suites by Marriott | May 1, 2019
Escondido, CA – May 3, 2019 – Marriott International announced today that the SpringHill Suites by Marriott San Diego Escondido/Downtown is now open. The 107-suite hotel, located at 200 La Terraza Boulevard, will operate as a Marriott franchise, owned and managed by Excel Hotel Group of San Diego, California. General Manager Chuck Ault and Director of Sales Alexandra Bartley lead the management team at the property for Excel Hotel Group. The SpringHill Suites San Diego Escondido/Downtown is located in downtown Escondido and 30 miles from downtown San Diego. The all-suite hotel offers guests convenient access to the San Diego...
Deutsche Hospitality Partners With ICD to Develop Jaz in the City Hotel in the Deira Quarter of Dubai
Jaz in the City | April 30, 2019
Frankfurt am Main, 29 April 2019 Jaz in the City to conquer Dubai! The fourth hotel to operate under the Jaz in the City lifestyle brand will open in the United Arab Emirates in 2022. After establishing locations in Amsterdam, Stuttgart and Vienna, the Jaz Crew will be setting up shop right next to Dubai's historic souks and within the immediate vicinity of the famous Dubai Creek. "Jaz in the City really comes into its own in places where a unique local cultural scene meets an international audience seeking a particular lifestyle and an inimitable experience," said Deutsche Hospitality CEO Thomas Willms. "We have found just such a venue...
Rosewood Hotels & Resorts Plans Rosewood Ningbo Set for 2024 Opening in the Innovation Hub of China
Rosewood Hotels & Resorts | April 30, 2019
Rosewood Hotels & Resorts® continues its strategic growth in China with the announcement of Rosewood Ningbo opening in 2024. This latest project adds to Rosewood's growing pipeline in China's megacities including Guangzhou, Shanghai, Chengdu and Shenzhen, further expanding the brand's established presence in Beijing, Sanya and the recently opened Rosewood Hong Kong. Rosewood Ningbo is an example of the brand's selective approach to strategic growth with unique and highly differentiated projects in locations that are finely attuned to the next generation of ultra-luxury travelers. One of China's oldest cities, Ningbo has both a storied...
Muckleshoot Indian Tribe to Develop Luxury 400-Room Hotel at Muckleshoot Casino
Muckleshoot Indian Tribe | April 29, 2019
Twenty-four years after opening a casino which would set the standard for gaming in Washington State, the Muckleshoot Indian Tribe will once again redefine expectations with the addition of a luxury resort at Muckleshoot Casino. Anticipated to open in the second quarter of 2021, the 18-story, 400-room hotel tower will offer sweeping views showcasing the natural beauty of the Pacific Northwest. Sixty percent of the accommodations will allow for stunning panoramas of Tahoma, the native name for Mount Rainier, while other rooms will showcase the majesty of the Olympic mountain range. Beyond the comfort of their plush retreats, guests will ...
Charleston’s Wild Dunes Resort Plans New 153-Room Hotel Expansion to Open in Early 2021
Wild Dunes Resort, A Destination Hotel | April 29, 2019
CHARLESTON, S.C. (April, 2019) – Wild Dunes Resort, A Destination Hotel, is expanded its existing oceanfront meeting destination on the Isle of Palms, just 30 minutes outside of historic downtown Charleston. Opening in early 2021, the highly anticipated project will add a new 153-room hotel bringing the total to 400 guestrooms and suites, in addition to the existing 240 vacation rental homes and condos. The new, multi-faceted meeting and event space includes a grand ballroom with pre-function space and rooftop ballroom and event terrace with 270-degree panoramic ocean views, now allowing the resort to welcome groups of up to 650 a...
JMBM’s Global Hospitality Group® to Host the 29th Annual Meet the Money® National Hotel Finance and Investment Conference May 6-8, 2019 in Los
Meet the Money | April 29, 2019
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com April 29, 2019 LOS ANGELES—JMBM's Global Hospitality Group® will host Meet the Money® national hotel finance and investment conference May 6-8 at the Hyatt Regency LAX in Los Angeles. Now in its 29th year, this annual event will bring together hotel owners, operators, developers, consultants, investors, brands, lenders and other capital providers to discuss current developments in the industry as well as strategies for the future. "Our line-up of more than 70 speakers include top hospitality leaders who will share their expe...
Lifsey and Pinnacle Plan June 2019 Opening of Current, a New-Build Boutique Hotel as Part of Marriott’s Autograph Collection
Lifsey Real Estate & Holdings | April 29, 2019
TAMPA, Fla. (April 29, 2019) – Development company, Lifsey Real Estate & Holdings, and Pinnacle Hotel Management announced today the opening of their joint venture – the new-build Marriott Autograph Collection Hotel – Current. The contemporary boutique hotel, specifically designed to offer guests sweeping views of the Bay from every room, is projected to start taking reservations this summer. Current is a ten-story, 4-star hotel with 180 luxuriously appointed guest rooms. Amenities include but are not limited to a water-facing 9th-story fitness center, infinity-style pool, a full-service restaurant, Tampa Bay's tal...
Margaritaville Beach Resort at The Pointe Bahamas Celebrates Topping Off
Margaritaville at The Pointe | April 29, 2019
Orlando, Fla. – April 25, 2019 – Margaritaville Beach Resort at The Pointe, the highly-anticipated beachfront resort coming to the Bahamas' capital, celebrated its progress with a topping off celebration last month and today released a new rendering (shown above) of the soon-to-open resort. The five-star Margaritaville Beach Resort will be an integral part of Margaritaville at The Pointe, an exclusive $250 million, seven-acre luxury development located on Nassau Harbour in the Bahamas "The topping off of Margaritaville Beach Resort at The Pointe is one more exciting step in nearing completion of The Pointe," said Daniel Liu,...
Hospitality Financial Leadership: Investing in Financial Leadership in Your Hotel
David Lund | April 29, 2019
By David Lund CFO to CEO: "What happens if we invest in developing people and they leave?" CEO: "What happens if we don't and they stay?" I found this exchange in, of all places, the internet. Go figure. It's an interesting back and forth that I know plays out in many organizations. Investing in anything training related in business is tricky. Not only when it comes to the money and resources it takes, but it's also the matter of finding the appropriate training. I also believe one of the biggest stumbling blocks to creating and investing in a culture where we train and develop our leaders continually, is the ability to have it result i...
Rosen Hotels & Resorts in Orlando Announces Consolidation of Two International Drive Hotels
Rosen Hotels & Resorts | April 29, 2019
ORLANDO (April 26, 2019) - Rosen Hotels & Resorts has consolidated two of its adjoining hotels in Orlando's famed International Drive convention and tourist district, expanding amenities for guests and elevating the combined property with Rosen's award-winning service, the privately-owned hospitality company announced today. The 134-room Midpointe Hotel has become a 356-room property with the addition of 222 rooms at the former Clarion Inn & Suites at International Drive. Acquired by Rosen Hotels & Resorts in late 2017, both properties are adjacent to the 1,334-room Rosen Centre, which features 150,000 square feet of versatile ...
Hyatt Signs With wasl Asset Management Group for Development of Andaz Dubai The Palm
Andaz | April 29, 2019
CHICAGO -- Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, for the development of an Andaz branded hotel on the Palm Jumeirah. Occupying prime real estate on the world-famous man-made island, Andaz Dubai The Palm is slated to open in the last quarter of 2019, becoming the first Andaz branded hotel in Dubai and the second Andaz hotel in the United Arab Emirates, joining Andaz Capital Gate Abu Dhabi. Created for the inquisitive-minded traveler, the hotel will offe...
Xanterra Investing $30 Million for Rebuild of Maswik South Lodging at South Rim, Grand Canyon Slated for 2020 Opening
Xanterra Travel Collection | April 25, 2019
SOUTH RIM, GRAND CANYON — April 25, 2019 — Grand Canyon South Rim is getting a "birthday present" for its Centennial: as part of its concession contract with the National Park Service (NPS), Xanterra Travel Collection is investing $30 million to rebuild the Maswik South Lodging complex at South Rim. The existing 90 rooms, constructed in 1971, will be replaced with 120 new lodging units within four new lodging structures in the same general location. The new Maswik guest lodging is anticipated to open in Summer of 2020. The new units will greatly improve the guest experience adding new amenities to the two-story structures in...
WorldHotels Adds Eden Roc Miami Beach to Its Elite Collection
WorldHotels Collection | April 25, 2019
Frankfurt (April 25, 2019) – WorldHotels recently added Eden Roc Miami Beach, United States to its Elite Collection. This rarified selection of hotels and resorts represents upper upscale properties recognized for their elevated delivery of service and amenities. Eden Roc Miami Beach features 415 spacious guest rooms with oversized balconies overlooking the ocean or the skyline of Miami Beach. The hotel boasts three distinct pools, beachfront cabanas and contemporary design. The hotel also features two award-winning on-site restaurants and a spa and fitness center inspired by the beach cosmopolitan lifestyle. "We are delighted to ...
Red Roof® Unveils Evolution of Extended Stay Brand HomeTowne Studios by Red Roof®
April 25, 2019
COLUMBUS, Ohio, April 25, 2019 -- Red Roof has unveiled the first prototype of the new build concept of its sub-brand, HomeTowne Studios by Red Roof®. A company that obsessively listens to its guests, this new prototype design is based on the number one request from consumers: more functional storage in room but not at the expense of good design. The new build upgraded specifications for exterior, lobbies and rooms provide guests with everything they need for an elevated extended stay experience and provides franchisees with a cost- effective solution to drive performance. Developed as a home away from home; a comfortable, convenien...
IHG Signs With City Motors Group for New-Build Holiday Inn Slated for 2023 Opening in Kuala Lumpur
April 25, 2019
IHG® (InterContinental Hotels Group), one of the world's largest hotel companies, has signed a management agreement with City Motors Group for a new-built Holiday Inn in the affluent creative hub of Kuala Lumpur – Bangsar, Kuala Lumpur. Holiday Inn Kuala Lumpur Bangsar will be the fourth IHG property in the Malaysian capital. Slated to open in 2023, the hotel will feature 220 rooms and six meeting rooms, the largest of which will hold approximately 400 people. The hotels plans to incorporate the Holiday Inn Open Lobby concept, which will combine public facilities within a single, open cohesive space, creating flexibility for g...
17th Annual Southern Lodging Summit Conference Scheduled for August 27th & 28th in Memphis, Tenn.
April 25, 2019
MEMPHIS, Tenn., April 25, 2019—Officials of the Southern Lodging Summit (SLS), an annual hotel conference focusing on development and operations throughout the southern United States, today announced it will host its annual conference August 27-28, 2019, in Memphis, Tenn. Confirmed Speakers include Mitch Patel, president & CEO, Vision Hospitality Group; Rick Pastorino, president, REVPAR International; Jane Cooper, president & COO, Herschend Family Entertainment; Mary Beth Cutshall, senior vice president/chief development officer, Hospitality Ventures Management Group; and Dianna Vaughan, global head, all suites brands, Hilton. Thoug...
JMA Ventures and Hearst Corp. Plan Conversion of San Francisco’s Historic Hearst Building to Hotel
April 24, 2019
April 25-- Apr. 25--Plans to convert the historic Hearst Building into a hotel in downtown San Francisco won approval Thursday from the city's Planning Commission. Developer JMA Ventures and property owner Hearst Corp. want to convert offices in the 1909 building at 5 Third St. into 170 hotel rooms. The project would add a new rooftop bar, event spaces and seismic upgrades, while preserving the lobby designed by architect Julia Morgan. The project requires final approval from the Board of Supervisors. The developer is working with existing retail tenants to either honor leases or find alternatives, Todd Chapman, president of JMA Ven...
Marriott International to Expand in Mexico by More Than 50% by the End of 2023
Marriott International | April 24, 2019
Company signed deals in Mexico in 2018 for 15 hotels with more than 2,300 rooms– including the first EDITION contract for the Caribbean and Latin America Marriott International (NASDAQ: MAR) today announced that it expects to expand its footprint in Mexico by more than 50% to the end of 2023, following a robust year of new signings. In 2018, the company signed 36 deals in the Caribbean and Latin America, including more than 2,300 rooms or close to 40% of total rooms in Mexico. With these new deals, Marriott's total Mexico pipeline now features nearly 50 properties consisting of 8,000 rooms across the country – from Mexicali ...
