Development
Las Vegas Sands To Spend $8 Billion to Expand MBS Resort in Singapore
October 25, 2024
SINGAPORE (Reuters) - Casino operator Las Vegas Sands plans to invest $8 billion in Singapore to expand its Marina Bay Sands resort, a major bet by the Nevada-based firm on the city-state's tourism market. The project, dubbed IR2, is to build a fourth hotel tower that will include 570 luxury suites, gaming areas, a 15,000-seat arena, rooftop pools, food and beverage offerings and 110,000 square feet of space for exhibitions and conferences, the company said during its earnings presentation earlier this week. "When IR2 is open ... that arena is going to be an incredibly powerful tourism driver for the overall complex," LVS Chief Operatin...
Maine Course Hospitality Group Breaks Ground on HomeAwhile in Scarborough, Maine
HomeAwhile | October 25, 2024
Scarborough, ME – October 25, 2024 – Maine Course Hospitality Group is excited to announce the groundbreaking on HomeAwhile, an innovative boutique hotel concept set to transform the extended stay experience in Scarborough, Maine. The ceremony will take place on October 24, 2024, marking the official start of construction on this 109-room all-suite hotel. HomeAwhile is designed to provide long-term guests with a comfortable and welcoming atmosphere, featuring fully equipped kitchens, spacious living areas, expansive bedrooms, and dedicated workspaces with high-speed internet access. This unique hotel concept is tailored to meet the evol...
Ennismore Signs the First Mama Shelter in the Netherlands
Ennismore | October 23, 2024
Ennismore, the fastest-growing lifestyle and leisure hospitality company, investor Chagall B.V and White House Development B.V. are delighted to announce the signing of Mama Shelter Amsterdam. Set to open its doors in Q1 2027, the brand’s first outpost in the Netherlands will blend local charm with Mama’s distinctive spirit. Amidst the quaint villages and once-gritty industrial parks of the Noord district now lies some of Amsterdam’s most exciting creative and nightlife scenes. Mama Shelter Amsterdam will embrace all its new neighbourhood’s quirks and eccentricities. Designed by Mama Shelter’s in-house design team, guests ca...
Baha Mar in The Bahamas Unveils Expansion Plans With New Beachfront Resort and Residences
Baha Mar | October 17, 2024
NASSAU, The Bahamas, Oct. 17, 2024 -- The leading luxury resort Baha Mar announces expansion plans to add a 4th luxury resort as the next phase of its continued development. The new resort and residences will be a stunning addition to Baha Mar's "luxury of choice" collection, with a projected opening in 2029. Today Baha Mar and the government of The Bahamas have signed their Heads of Agreement signaling the approval to move the project forward to construction. Designed by internationally recognized architect and designers Foster + Partners, the resort will be situated on 12 beachfront acres and feature approximately 350 rooms and 5...
Marriott International Signs Agreement With Zhong An Commercial Group to Bring W Hotels to Hangzhou, China
Marriott International, Inc. | August 2, 2024
Marriott International, Inc. recently announced that it has signed an agreement with Zhong An Commercial Group, part of China New City Group, to bring the W Hotels brand to Hangzhou. Anticipated to open in 2031, W Hangzhou will be located at the northwest intersection of Minhe Road and Liyi Road in Qianjiang Century City, Hangzhou’s developing new CBD. With its bold, detail-driven design, elevated service, and engaging always-on programming, the hotel is poised to become a new symbol of luxury hospitality in Hangzhou. "We are thrilled to collaborate with Zhong An Commercial Group to introduce W Hotels to Hangzhou, inviting guests to indu...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
Lodging Magazine | August 2, 2024
According to the recent Q2 2024 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines were led by Dallas with 189 projects, just four projects shy of its record-high at the end of Q4 2023 and a new record-high 22,392 rooms. Atlanta followed with a record-high 159 projects/18,522 rooms, then the Inland Empire with a record-high 124 projects/12,569 rooms, Nashville with 123 projects/15,924 rooms, and Phoenix with 120 projects/15,627 rooms. Ten states claim 60 percent of the rooms in the pipeline: Texas, California, Florida...
Bob W Forms £400M Joint Venture With OCIM To Convert Hotels and Offices Into Serviced Apartments
Bob W | July 19, 2024
Major joint venture established to raise capital for the acquisition and conversion of obsolete assets into serviced apartments Joint venture is targeting a GDV in excess of £400 million for initial development pipeline Partnership is targeting UK and key European markets to deliver up to 2,000 apartments exclusively for Bob W brand Comes amid growing demand for more flexible, high-quality accommodation options LONDON 19 July 2024 – A new joint venture between Bob W, the tech-powered hospitality operator, and Osborne+Co Investment Management (OCIM), the in-house investment management arm of global build-to-suit developer a...
Under Canvas Announces First California Camp, Near Yosemite National Park
Under Canvas | April 16, 2024
Set to debut in spring 2025, minutes from the West entrance of Yosemite National Park, the brand’s highly anticipated California camp is now accepting reservations DENVER, CO. (April 16, 2024) – Today, Under Canvas, the leader in upscale, outdoor hospitality, announced Under Canvas Yosemite – the company’s first-ever California camp – will open in the spring of 2025. The brand’s 12th camp, Under Canvas Yosemite, is set in a serene, mountainside forest surrounded by mature, Yosemite-native trees, just 10 minutes from the west entrance of Yosemite National Park at Big Oak Flat Information Station. The idyllic, 80-acre camp is wi...
