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Latin America Hotel Construction Surges, Pipeline Expands Over 10% Annually
Lodging Econometrics | October 31, 2024
Lodging Econometrics’ (LE) Q3 2024 Latin America Construction Pipeline Trend report signals growth for the region’s hospitality industry. The pipeline currently stands at 642 projects and 104,513 rooms, representing robust year-over-year (YoY) increases of 11% in project count and 10% in room count. Digging deeper into the pipeline data, LE’s report highlights several positive indicators. At the close of Q3 2024, Latin America had 269 projects with 47,151 rooms under construction, reflecting a 10% YoY rise in both metrics. Additionally, the number of projects scheduled to start construction within the next 12 months grew to 183 pro...
Nobu Hospitality Signs With Millenium Hospitality Real Estate to Develop Nobu Hotel Madrid
Nobu Hospitality | May 26, 2022
Nobu Hospitality, the leading luxury lifestyle and iconic hotel and dining brand, announces today its fifth Spanish hotel and restaurant in the elegant capital city of Madrid. Centrally positioned in the heart of the Spanish capital’s Cortes District, Nobu Hotel Madrid will see the transformation of an existing office building, located at 26 Calle Alcalá, between Plaza de Cibeles and Puerta del Sol. The hotel will offer a tri-level Nobu restaurant and bar, an expansive rooftop bar, and a lounge with views over the skyline together with a state-of-the-art fitness centre and spa. The restaurant will be reimagined by the renowned Californi...
AC Hotels by Marriott Unveils First Hotel in Australia With Opening of AC Hotel by Marriott Melbourne Southbank
Marriott Bonvoy | May 13, 2022
AC Hotels by Marriott®, the design-led lifestyle brand part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, announces its brand debut in Australia with the opening of AC Hotel by Marriott Melbourne Southbank. Located in one of Melbourne's premier events, arts and entertainment precincts, the new hotel features 205 thoughtfully designed guest rooms and suites, signature dining, and an infinity pool and cocktail bar with sweeping views of the city skyline. AC Melbourne Southbank has been expertly refined and crafted to deliver an elegant yet unobtrusive experience, right in the cultural capital of Australia. “We are thrilled...
Hotel Genevieve, a New Property from Bunkhouse Group, Is Set to Open in Louisville in Spring 2023
Bunkhouse Group | April 26, 2022
Louisville, Kentucky (April 2022) – Bunkhouse, the Austin-based hospitality company founded on the pillars of design, music, and authentic community-driven experiences, announced today a new hotel project in Louisville, named Hotel Genevieve. Scheduled to open in spring 2023, this will be the brand’s first hotel project in Kentucky. The property, with architecture by Memphis-based LLW Architects, is located in the heart of the NuLu neighborhood, featuring 122 rooms on six floors, along with a restaurant, lush rooftop, mini market, and intimate bar. Hotel Genevieve’s name is inspired by a regional type of limestone, Saint Genevieve, ...
Radisson Hotel Group Signs New Radisson Hotel at Beijing Daxing International Airport
Radisson Hotel Group | June 30, 2021
Beijing - 30 June 2021 - Radisson Hotel Group continues to expand its presence in China’s most dynamic destinations with the signing of a brand-new Radisson hotel at Beijing Daxing International Airport, the spectacular new global gateway that opened in 2019 and is expected to become one of the world’s busiest airport. Scheduled to start welcoming guests in Q1, 2022, Radisson Hotel Beijing Daxing Airport is a modern and stylish upscale hotel located within the Airport Economic Zone, just 1.2km from the international terminal. The hotel will form part of an eco-friendly, mixed-use development that is set to receive the LEED Pl...
Four Seasons Hotels and Resorts, Tokyo Tatemono and HPL Announce Plans for Brand New Hotel in Osaka, Japan
Four Seasons Hotels and Resorts | June 8, 2021
TORONTO - June 8, 2021 - International luxury hospitality leader Four Seasons Hotels and Resorts, Tokyo Tatemono Co., Ltd, a developer of condominiums and office buildings, and Hotel Properties Limited (HPL), a Singapore-based real estate company, have announced plans for the One Dojima Project in Osaka, Japan, which will include a brand-new Four Seasons hotel. The One Dojima Project, which began construction on August 1, 2020, is a large-scale redevelopment project in the Kinki region of Osaka. The building will be approximately 195 metres high (49 stories) with a total floor area of approximately 85,000 square metres, making it one...
Lore Group Set for Fall Debut of One Hundred Shoreditch in London
June 7, 2021
This Autumn, One Hundred Shoreditch, a new independent hotel from Lore Group, will open in one of London’s most vibrant and creative areas. From the company behind Sea Containers London, Pulitzer Amsterdam, Riggs Washington DC and newly opened Lyle Washington DC; One Hundred Shoreditch sits within the building once home to Ace Hotel London Shoreditch. David Taylor, Lore Group’s Chief Operating Officer, having previously opened the original Hoxton in 2006 said: “The opening of our new hotel in Shoreditch reflects the growth and evolution that have taken place over the last 15 years in the area. We will offer something for everyon...
Oakmont Corporation Breaks Ground on Four Seasons Resort and Residences Cabo San Lucas at Cabo Del Sol
Cove Club at Cabo Del Sol | May 24, 2021
CABO SAN LUCAS, MX (May 24, 2021) – California-based Oakmont Corporation and Four Seasons Hotels and Resorts, an international leader in luxury hospitality, celebrates two major milestones for the new Four Seasons Resort and Residences Cabo San Lucas at Cabo Del Sol. The prominent oceanfront development along the famed Los Cabos Corridor has secured more than $100 million in reservations from its initial, private pre-sale launch of the residences, and just began construction on site. “It is an honor to be in partnership with Four Seasons Hotels and Resorts, an iconic brand we know will bring an unparalleled level of luxury to the Golde...
