hotel franchise agreement
Hyatt to Debut Thompson Hotels Brand in Italy With Thompson Rome
Thompson Hotels | June 14, 2023
CHICAGO (June 14, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with Botteghe Oscure s.r.l., a company affiliated with AG Group s.r.l., for the first Thompson Hotels property in Italy with Thompson Rome. Expected to open by mid-2024 in the heart of the Italian capital, the 70-room luxury lifestyle hotel will be the brand’s second property in Europe, joining Thompson Madrid, which opened in 2022, and the previously announced Thompson Vienna, which is slated to join the portfolio in 2025. Hyatt’s thoughtful expansion of the Thompson Hotels brand further bolste...
Hilton Signs With Hotel Ambasciatori Srl for Tapestry Collection by Hilton Hotel in Venice
Tapestry Collection by Hilton | March 29, 2022
VENICE, Italy, and MCLEAN, VA - March 29, 2022 - Hilton (NYSE: HLT) today announced the signing of a franchise agreement with Hotel Ambasciatori Srl to open Ambasciatori Venice Mestre, Tapestry Collection by Hilton in the Mestre area of Venice. Joining three operating hotels in Venice, under the Hilton Hotels & Resorts, DoubleTree by Hilton and Hilton Garden Inn brands, the 83-room hotel will be Tapestry Collection by Hilton’s first in northern Italy when it opens next year. “Tapestry Collection by Hilton is growing rapidly across Europe, and has added its first hotels in Spain, France, Portugal and the U.K. since ...
YOTEL Continues Growth With Addition Of YOTEL London Shoreditch
YOTEL | February 3, 2022
London - February 3, 2022 - YOTEL, a global hospitality brand appealing to those looking for a unique experience through awesome people, smart design, and the creative use of technology, announced today the addition of YOTEL London Shoreditch. The former East London Hotel will be re-branded as a YOTEL opening this April. This property marks the group’s fifth city center hotel in the UK, the fourth franchise property, the second UK hotel conversion, and the nineteenth hotel in operation globally. The 161-room hotel, conveniently located in the heart of vibrant East London, on Cambridge Heath Road, already incorporates some of YOTEL’s mini...
Hilton Signs With Invesco Real Estate for Hilton Heidelberg Conversion
Hilton Hotels & Resorts | August 26, 2021
HEIDELBERG, Germany and MCLEAN, Va. - August 26, 2021 - Ahead of this year’s International Hotel Investment Conference (IHIF), Hilton (NYSE: HLT) has signed a franchise agreement to open Hilton Heidelberg, a 244-room upscale hotel in Heidelberg’s city centre. The property will undergo a major refurbishment before welcoming guests in Summer 2022. The hotel is owned by Invesco Real Estate, the global real estate investment manager which acquired the property in 2017. Patrick Fitzgibbon, senior vice president, development, EMEA, Hilton said, “Hilton Heidelberg is an exciting addition to our growing portfolio in Germany and builds ...
IHG Signs With Celebic Group to Open InterContinental Resort Amma, Canj – Montenegro
IHG Hotels & Resorts | July 22, 2021
IHG Hotels & Resorts (IHG) is proud to announce a franchise agreement with Celebic Group, one of Montenegro’s largest real estate development companies, to open InterContinental Resort Amma, Canj – Montenegro in autumn 2023. The stunning new hotel will be the first for the InterContinental brand in the market, and will join its IHG-sister property Regent Porto Montenegro in providing guests with a luxury destination overlooking the beautiful Adriatic seafront. It will be perfectly located on the Biserna Obala (Pearl Coast), part of a 1200m-long unspoiled coastline sheltered by wooded, rocky hills traditionally popular with locals a...
Marriott International Expects to More Than Double All-Inclusive Portfolio in an Agreement With Sunwing Travel Group
Marriott International | February 9, 2021
FEBRUARY 9, 2021 - Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is expected to propel Marriott into the list of top 10 global all-inclusive players by adding 19 franchised resorts totaling nearly 7,000 rooms across six destinations and more than doubling the company’s presence in the all-inclusive segment to 33 properties by 2025. The majority of th...
IHG Signs With SRG Holding for Staybridge Suites® Dubai Financial Centre and Staybridge Suites Dubai Internet City
April 9, 2019
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has signed franchise agreements for two hotels, Staybridge Suites® Dubai Financial Centre and Staybridge Suites Dubai Internet City, with the Dubai-based real estate development firm, SRG Holding. The agreements will see the conversion of two SRG-owned developments to IHG's extended-stay brand Staybridge Suites. The two franchised assets will be operated by SRG Hospitality, the group's hotel management arm with opening dates set for January 2020. The hotels are strategically located along Sheikh Zayed Road, Dubai's main commercial artery with conve...
Hyatt Partners With 3M Hotels Group for Hyatt Place Krakow Marking Return of Hyatt Flag to Poland
Hyatt Place | March 27, 2019
CHICAGO (March 27, 2019) – Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a franchise agreement with 3M Hotels Group for the first Hyatt hotel in Krakow, marking the return of the Hyatt brand to Poland. Hyatt Place Krakow will feature 216 spacious guestrooms and will be managed by Hotel Professionals Management Group. The hotel is expected to open in 2021. The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless experiences that accommodate their lifestyles and familiar routines. To embody this, the brand offers casual hospi...
