Kimpton San Antonio Celebrates Its Topping Out on Schedule
Kimpton Hotels & Restaurants | July 20, 2023
The Jamul Indian Village Development Corporation Announces New Hotel Expansion to the Jamul Casino
Jamul Indian Village of California (JIV or Tribe) | May 23, 2023
Finance & Development
IHG Hotels & Resorts Signs Management Agreement With Samty Corporation to Open voco Hiroshima in 2027
IHG | March 27, 2024
voco Hiroshima will be the second voco hotel in Japan after Osaka The project was approved by the Minister of Land, Infrastructure, Transport and Tourism as a "Private Sector Guided Facilities Development Project The new hotel will offer a premium hotel experience that is anything but ordinary Tokyo, March 27, 2024: IHG Hotels & Resorts (IHG) today announced that it has signed its first management contract with Samty K.K. to open voco Hiroshima in mid 2027. Part of the urban development next to Hiroshima Station, the 301-room new-build hotel will incorporate a design that will allow visitors to feel the history of the area...
Egypt and the Big 5 Dominate Hotel Development in Africa
the Africa Hospitality Investment Forum (AHIF) | March 26, 2024
LAGOS, Nigeria, March 26, 2024/ -- When it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa’s major wildlife attractions, (lion, leopard, rhinoceros, elephant and buffalo) but to the global hotel chains – Accor, Hilton, IHG, Marriott International and Radisson Hotel Group. This year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source, documenting and analysing the number of hotels being planned and built across the continent, reports a market share of 28% ...
Hotel Investment in the Alps Heats Up
JLL | March 26, 2024
Climate change is driving record transaction levels in high-altitude, luxury hotels Long famed for its ski resorts, mountain towns in the French Alps have recently seen an uplift in investor interest. The Savoie and Haute-Savoie regions alone have seen hotel transaction volumes double over the past two years, breaking records with more than €800 million ($875 million) of hotel deals closed, JLL data shows. “Due to the warming climate, and limited new supply of ski resorts, more snow-sure locations at higher altitudes are commanding premium values,” says Matthieu Subit, JLL’s Vice President of Hotels and Hospitality for EMEA Cap...
IHG Hotels & Resorts Introduces New Suites Brand Prototype Variations with Enhanced Flexibility
IHG | March 26, 2024
Supplemental design options maximize space and revenue potential for any market or site plan ATLANTA (March 26, 2024) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies with more than 6,300 hotels across 19 global brands, today announces the availability of new prototype options for its three suites brands – Staybridge Suites, Candlewood Suites and Atwell Suites. By expanding design choice, IHG provides greater flexibility for developers across a range of site configurations and market types while also maintaining the experiences guests expect in the rapidly growing suites space. The new options empha...
Compass by Margaritaville, Brand’s Boutique Hotel Collection, Announces Expansion
Compass by Margaritaville | March 26, 2024
Orlando, FL (March 26, 2024) – Following the highly-anticipated opening in Naples, Margaritaville announces an expansion of the brand’s Compass by Margaritaville collection of boutique hotels. Offering the same lifestyle guests know and love in a smaller, more intimate footprint, openings include: Naples, FL (Opened March 2024) – The brand’s first conversion (formerly Staybridge Suites) and all-suite property with 119 suites in one of the Sunshine State’s most desirable locations, features an outdoor pool experience, live entertainment, cozy fire tables, multiple social gathering areas, a complimentary breakfast buffet,...
Ennismore and Dubai Holding To Bring Iconic Delano to Dubai Later This Year
ENNISMORE | March 20, 2024
Ennismore, the fastest-growing lifestyle and leisure hospitality company, announced that its iconic Delano brand will be coming to the UAE for the first time. Opening later this year at the waterfront destination Bluewaters Dubai, Delano Dubai will be a luxurious destination in its own right, appealing to discerning individuals who define luxury by attention to detail, craftsmanship and personalised experiences. The launch of Delano Dubai forms part of a landmark deal signed between Ennismore and Dubai Holding in 2023 to introduce a unique luxury lifestyle experience in Dubai, and follows the opening of Banyan Tree Dubai at Bluewaters...
Marriott International Signs Agreement With Hainan Qianrui Industrial Development to Bring W Hotels to Sanya
Marriott International | March 19, 2024
Marriott International, Inc. recently announced it has signed an agreement with Hainan Qianrui Industrial Development Co., Ltd. to bring the W Hotels brand to Sanya, the popular tourist hub located on China’s southerly island province of Hainan Marriott International, Inc. recently announced it has signed an agreement with Hainan Qianrui Industrial Development Co., Ltd. to bring the W Hotels brand to Sanya, the popular tourist hub located on China’s southerly island province of Hainan. Located in Sanya Bay, W Sanya is slated to open in the second quarter of 2028. With its bold, detail-driven design, elevated service, and engaging always-...
Baccarat Hotel & Residences Maldives Set to Open In 2027
Baccarat Hotels & Resorts | March 19, 2024
Miami, FL (March 19, 2024) – SH Hotels & Resorts, the hospitality management company founded by visionary Barry Sternlicht, Chairman and CEO of Starwood Capital Group, today announced plans to redefine luxury and sophistication in the Maldives with the forthcoming debut of Baccarat Hotel & Residences Maldives in 2027. Spanning five interconnected islands across more than 111 acres in the South Malé Atoll, this one-of-a-kind resort will set a new standard of unprecedented luxury in one of the world’s most coveted travel destinations. “We are excited to unveil Baccarat Hotel & Residences Maldives, which fuses the timeless el...
Otelier Launches Rec: The Automated Financial Reconciliation Tool to Drive Profits
Otelier | March 19, 2024
Otelier Rec, a software tool that can automate reconciliation workflows to save hotels thousands of dollars per month, is the newest addition to Otelier’s unified performance optimization platform. ATLANTA, MARCH 19, 2024 – Otelier, the hospitality performance optimization platform that puts data and efficiency at the heart of hotel operations, has launched an innovative new product, called Otelier Rec, that automates financial reconciliation workflows, saving hotels potentially thousands of dollars per month. Rec tackles the increasingly difficult challenge of identifying and resolving discrepancies in financial records, preventin...
Hyatt Announces Robust Pipeline in India and Southwest Asia for 2024
Hyatt Hotels Corporation | March 15, 2024
Growth in brand footprint to over 55 hotels across leisure and business destinations in the region as brand portfolio expands with JdV by Hyatt as the ninth Hyatt brand in India CHICAGO (March 15, 2024) – Hyatt Hotels Corporation (NYSE: H) today announced plans for the aggressive expansion of Hyatt’s brand portfolio in India and Southwest Asia region, with a robust pipeline of eight new hotels that are expected to open across various leisure and city destinations in 2024. This growth is timed to coincide with the expected rebound of leisure and business travel in the country and the sub-continent. In 2024, Hyatt’s brand expansio...
Moss Awarded Construction of Nora Hotel in the Nora District of West Palm Beach, Florida
Moss | March 15, 2024
WEST PALM BEACH, Fla.--Moss has been selected to build a luxury 201-room boutique hotel in downtown West Palm Beach. The hotel is the first vertical development in the thoughtfully master planned Nora District being developed by New York-based BD Hotels, NDT Development, Place Projects, and Wheelock Street Capital. The 5-story, 203,214-square-foot hotel will be located on North Railroad Avenue, anchoring 150,000 SF of highly curated commercial, restaurant, retail, office and wellness spaces that blend a walkable streetscape with a dynamic public realm. Amenities within the hotel include a rooftop pool deck complete with a restaurant, ...
Marriott International Signs Agreement to Bring JW Marriott to Greece With Vasilakis SA
Marriott International | March 13, 2024
JW Marriott Crete Resort & Spa will introduce the brand’s mindful ethos and serene spaces to the sought-after island destination Marriott International, Inc. announced it has signed an agreement in collaboration with Vasilakis SA to bring the JW Marriott brand to Greece. Anticipated to open in 2025, JW Marriott Crete Resort & Spa will span 100 acres of coastal beauty and will be a haven for travelers who seek a luxury escape paired with exceptional service and holistic well-being experiences. SWOT Hospitality, known for its expertise in managing luxury hotels across Greece, will collaborate with Vasilakis SA and Marriott Interna...
Virginia’s Massanutten Resort To Expand Offerings With New Hotel and Indoor WaterPark
Massanutten Resort | March 13, 2024
Massanutten Resort Caters to Increased Demand with New Indoor WaterPark and Hotel Massanutten, Va. – March 13, 2024 – Massanutten Resort, a premier four-season resort located in the heart of Virginia’s Shenandoah Valley, today shared updates on the major enhancement of its Indoor WaterPark, along with a planned new-build hotel slated to break ground this Spring. The first phase of an overarching, multi-year master plan that will see Massanutten further diversify its award-winning offerings – including a new 55+ active adult lifestyle community and more - the WaterPark expansion and new hotel are both expected to be completed by e...
Industry-Leading Finance Technology To Be On Display at ‘Hunter Hotel Investment Conference’
Aptech | March 13, 2024
As a Silver Sponsor, Aptech will showcase the latest in enterprise accounting, business intelligence, and budgeting/forecasting automation in Booth #812 PITTSBURGH, March 13, 2024 — With relationship building always top of mind, Aptech will be exhibiting at the 35th Annual Hunter Hotel Investment Conference to display its integrated enterprise accounting, business intelligence, and budgeting/forecasting software for hotels. To be held March 19 to 21 at the Atlanta Marriott Marquis, the event is designed to foster networking and create connections. In addition to learning about upcoming investment trends and connecting to the indust...
Marriott International Brings Newly Debuted Marriott Hotels All-Inclusive to The Dominican Republic With New Resort Signing
Marriott International | March 12, 2024
Plantation, Fla. March 12, 2024 – Marriott International in the Caribbean and Latin America announced today the latest addition to its All-Inclusive by Marriott Bonvoy portfolio with the signing of Marriott Miches Beach, An All-Inclusive Resort, currently the Sunrise Miches Beach Resort in Dominican Republic. Set to undergo a conversion process commencing in the second quarter of 2024, the resort is slated to open its doors under the Marriott Hotels brand in the first quarter of 2025. Nestled on a sprawling 62-acre site in the enchanting locale of Miches, within a 60-minute ride distance of the Punta Cana International Airport, the reso...
Zel to Open Its Second Hotel in Spain on The Costa Brava This Summer
Meliá Hotels International | March 12, 2024
The brand created by Meliá Hotels International and Rafael Nadal will bring its innovative "Mediterranean House" concept to the crystal-clear waters of Tossa de Mar Palma de Mallorca, March 12, 2024. Zel, the hotel brand created by Meliá Hotels International and Rafael Nadal, has announced new expansion plans, as previously announced at Fitur by Meliá's Chairman and CEO, Gabriel Escarrer. He announced the brand's upcoming destinations, with the second Zel project set to open on the Costa Brava this summer, followed by new hotels in Madrid, Sayulita (Mexico), and Punta Cana (Dominican Republic) in 2025. Zel opened its first hotel in Mall...
Mortenson Development to Break Ground on Motto by Hilton in Nashville’s SoBro Neighborhood
Mortenson | March 12, 2024
NASHVILLE, Tenn. – (March 12, 2024) – A new lifestyle hotel is coming to the popular South of Broadway (SoBro) neighborhood in Nashville. Mortenson Development has purchased the site located at 311 3rd Avenue, closed on its construction financing, and will start construction later this month. This is the first Motto by Hilton in the Nashville area. Motto by Hilton is a lifestyle brand that empowers guests by giving them added flexibility to create their own stay experiences in the world’s most sought-after cities. Located in the heart of the SoBro neighborhood, the hotel site is three blocks south of the famous Broadway Street and is...
Hyatt to Debut the Andaz Brand in Florida With Vibrant Miami Beach Haven
Andaz | March 12, 2024
Following a property-wide renovation, luxury lifestyle hotel Andaz Miami Beach is slated to open in late 2024, with reimagined spaces, programming and a new culinary collaboration with Jose Andrés Group. MIAMI BEACH, Fla. (March 11, 2024) – Hyatt Hotels Corporation (NYSE: H) announced an update on the anticipated renovation of The Confidante Miami Beach and its complete transformation into the new Andaz Miami Beach, which is slated to open in the fourth quarter of 2024. The new hotel, which is owned by Sunstone Hotel Investors, Inc., will go beyond the familiar to discover and define guests’ personal essence while immersing themselv...
Avison Young Closed 12 Hotel Transactions Over Last 90 Days
Avison Young | March 11, 2024
ATLANTA – March 11, 2024 – Avison Young announces today that the firm has closed 12 hotel transactions over the last 90 days. Four of the sales were Hilton-branded hotels, two were Marriott-branded hotels, and an IHG and other brands made up the balance. Geographically the hotels were located in the following states – IN, KY, PA, CO, VA, AR, MA, GA, and TN. Of special note, Thierry Roch and Rick George closed a sale on a boutique hotel in the Cape Cod area for close to 1m per room and Chris Kilcullen closed the sale for the upscale Ascent on Main in Parker, CO. Chris Stark, Brad Sinclair, Mike George, Thierry Roch and Rick George were t...
Marriott International Signs Agreement With Victoria Park Hotels to Debut Autograph Collection Hotels in Hong Kong
Marriott International | March 7, 2024
Marriott International, Inc. today announced it has signed an agreement with Victoria Park Hotels Ltd. to launch The Park Lane Hong Kong, Autograph Collection in early 2025. The Park Lane Hong Kong, Autograph Collection is expected to join Autograph Collection Hotels’ portfolio of over 300 independent properties in the most desirable locations across the world, each with its own unique perspective on heartfelt design and hospitality. “We are delighted to work with Victoria Park Hotels to bring Autograph Collection Hotels to Hong Kong," said Yibing Mao, President, Greater China, Marriott International. “It further underscores our com...
Red Sea Global and Four Seasons Partner to Develop New Luxury Wellness Resort and Private Residences at Triple Bay AMAALA
Red Sea Global | March 6, 2024
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Minor Hotels Signs With Infinity Group for Anantara Zanzibar Resort
Minor Hotels | March 6, 2024
Dubai, March 6, 2024: Minor Hotels, an international hotel owner, operator, and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, announces the signing of a new Anantara Resort to be developed in Zanzibar, Tanzania. Located on the northern coast of Zanzibar Island, the group will launch the 181-key Anantara Zanzibar Resort in 2027. The new-build property will feature 37 luxury suites, one presidential villa, and 73 one and two-bedroom sea view villas with private pool. The resort will also include 38 one-bedroom apartments, 19 two-bedroom apartments, ...
Regent and InterContinental Hotels To Open in the King Abdullah Financial District (KAFD)
IHG | March 5, 2024
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Operational Benchmarking in Practice
Arlene Ramirez | March 4, 2024
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Today's News
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