rebranding
Dallas Leads Nation’s Hotel Boom: Nearly 200 Projects Set to Transform Texas Hospitality Landscape
Lodging Econometrics | October 29, 2024
PORTSMOUTH, NH - October 29, 2024 According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines are led by Dallas with a record-high of 194 projects and 22,803 rooms, followed by Atlanta with a record-high 166 projects accounting for 19,174 rooms, Nashville with a record-high 130 projects and 16,966 rooms, Phoenix with 123 projects/15,999 rooms, and Austin with a record-high 119 projects accounting for 13,962 rooms. These top five markets combined account for 732 projects/88,904 rooms. At Q3, five U.S. ...
Ascendant Capital Partners Reopens Monterey Beach Hotel Following a Complete Transformation
ASCENDANT CAPITAL PARTNERS | August 22, 2024
Guests are Welcomed to Experience its Dramatic Renovation, with Modern Design, Reinvented Dining at The Lantern Room, Lobby Lounge, and Tidewater’s Oceanfront Decks, and Authentic Experiences Reflective of the Community Monterey, Calif. (August 21, 2024) – Ascendant Capital Partners, a leading real estate investment and operating company, in partnership with global hotel management firm Highgate and global investment manager Centerbridge Partners, proudly announces the highly anticipated debut of Monterey Beach Hotel, a Marriott Tribute Portfolio hotel. Built in 1967, the hotel re-opens today under its original name after a signi...
Minor Hotels Signs With Boulevard Hotel Company Limited To Introduce NH Hotels & Resorts Brand to Bangkok
Minor Hotels | July 10, 2024
NH Bangkok Sukhumvit Boulevard will be the first NH in Bangkok, second in Thailand, as Minor Hotels maps the brand’s expansion outside of Europe and the Americas Bangkok, July 8, 2028: Global hospitality group Minor Hotels announces the signing of a management agreement with Boulevard Hotel Company Limited for a hotel in central Bangkok, Thailand. The signing will introduce Minor Hotels’ NH Hotels & Resorts brand in the Thai capital and will be the second NH property in Thailand after the NH Boat Lagoon Phuket Resort. Located in the vibrant heart of Bangkok’s bustling commercial and shopping district, just off Sukhumvit Road, ...
Puerto Rico’s Former Verdanza Hotel to Join Hyatt Portfolio in 2025 Following $25M Renovation
Hyatt Hotels Corporation | May 20, 2024
The former Verdanza Hotel to join the Hyatt portfolio in 2025, marking the introduction of the Hyatt Centric brand in Puerto Rico CHICAGO (May 20, 2024) – Hyatt Hotels Corporation (NYSE: H) in collaboration with Interlink and Vivo Beach Club today announced plans for the first Hyatt Centric branded hotel in Puerto Rico. Hyatt Centric San Juan Isla Verde will be located in the buzzy Isla Verde neighborhood, one block away from Isla Verde Beach and walking distance to restaurants, shopping, historical landmarks and nightlife. The hotel is currently undergoing an ambitious $25 million dollar enhancement project to renovate all guestrooms...
Red Roof Inn Doswell-Kings Dominion Opens in Virginia
Red Roof | May 20, 2024
DOSWELL, VA., May 20, 2024 - Red Roof®, the leader in economy lodging, has announced the opening of the Red Roof Inn® Doswell-Kings Dominion at 16116 Theme Park Way in Doswell. Owner SJ Hotel LLC invested $1.2 million in renovations to the property, which included upgrading guest rooms and public bathrooms, installing new bedding and mattresses and a new coffee bar, new paint throughout the interior of the property and adding new vending machines. The 108-room Red Roof Inn Doswell-Kings Dominion offers guests free Wi-Fi, free coffee in the lobby and free expanded cable. Red Roof Inn Doswell-Kings Dominion is a pet-friendly hote...
IHG Hotels & Resorts and Kajima Corporation Sign Agreement to Open ANA Holiday Inn Resort Karuizawa in 2025
IHG | May 16, 2024
ANA Holiday Inn Resort Karuizawa will be the tenth hotel under the Holiday Inn brand family in Japan The project is IHG’s first agreement with Kajima in Japan and is the first step in a broader strategic partnership The new hotel will offer a full range of activities and amenities for families Tokyo, May 16th, 2024: IHG Hotels & Resorts (IHG) today announced that it has signed its first management contract in Japan with Kajima Corporation (Kajima) to open ANA Holiday Inn Resort Karuizawa in 2025. This agreement is the first step in a mid- to long-term mutual development partnership in Japan between IHG, one of the wor...
Driftwood Capital Celebrates Rebranding of Its 245-Key Hotel Rumbao in Historic Old San Juan, Puerto Rico
Driftwood Capital | May 7, 2024
Following a $21.8M transformation, the repositioned asset has been launched under Marriott’s Tribute Portfolio of boutique hotels. San Juan, Puerto Rico (May 7, 2024) – Driftwood Capital (“Driftwood”), a vertically integrated commercial real estate hospitality sponsor, announces the grand opening of Hotel Rumbao, a 245-key hotel and Paseo Portuario, a parking and retail complex in Old San Juan, Puerto Rico. Acquired by Driftwood Capital in 2021, the property has been repositioned to Marriott’s Tribute Portfolio of independent boutique hotels following a $21.8 million renovation of the property and its surroundings. Driftwood H...
Accor Expands in Brisbane With Addition of Mercure Brisbane Spring Hill
ACCOR | May 7, 2024
Accor, Australia’s largest hotel operator, is excited to expand its network of Brisbane hotels with the addition of Mercure Brisbane Spring Hill in the heart of the River City. Formerly the independently operated Pacific Hotel Brisbane, Accor now operates the 179-room Mercure Brisbane Spring Hill under a hotel management agreement. The hotel, which boasts a commanding location overlooking the city skyline and Roma Street Parklands, will undergo a makeover to bring it in line with Mercure’s globally recognised brand standards, with the new-look property set to be unveiled later this year. Accor Pacific Chief Operating Officer PM&E,...
