Aspen Hospitality and CU Boulder Break Ground on Limelight Hotel Boulder
Aspen Hospitality | February 3, 2023
Aspen, Colo. (February 3, 2023) – Aspen Hospitality and the University of Colorado Boulder are pleased to announce that construction is beginning for the on-campus Limelight Hotel Boulder. The landmark conference center hotel property is slated to open in the summer of 2025. This groundbreaking is the culmination of years of collaboration between the City of Boulder, CU Boulder and numerous other stakeholders. Plans for a topping-off ceremony and celebration will be announced as construction progresses. The project website includes renderings and FAQs, and will provide ongoing updates on construction. As Boulder’s largest meeting and...
Healthy Growth for the Back End of the Latin America Construction Pipeline at Year-End 2022
Lodging Econometrics (LE) | February 3, 2023
February 3, 2023 – PORTSMOUTH, NH In the recently released Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of Q4 2022, the total construction pipeline stands at 536 projects/87,827 rooms. At the end of the fourth quarter, projects currently under construction stand at 222 projects/40,270 rooms. Projects scheduled to start construction in the next 12 months are up 7% by projects and 15% by rooms, year-over-year (YOY), standing at 158 projects/23,753 rooms and those in the early planning stage stand at 156 projects/23,804 rooms, up 16% and 8%, respectively. Mexico has th...
IHG Signs With Odyssey Hotel Group for Alte Post Vignette Collection in Reit im Winkl, Germany
IHG Hotels & Resorts | February 2, 2023
02.02.2023 (Frankfurt, Germany): IHG Hotels & Resorts, one of the world’s leading hospitality companies, continues to evolve its luxury presence in Germany as they sign Alte Post in Reit im Winkl, a market debut for Vignette Collection, the company’s newest luxury brand. Vignette Collection is IHG Hotels & Resorts’ first collection brand and is a family of one-of-a-kind properties in sought-after urban and resort locations where guests can indulge in a growing passion for stays that are authentic, experiential and considerate. Here for the next generation of luxury travellers seeking both discovery and purpose, Vignette Col...
Canada Ends 2022 With Record Project Counts in the Early Planning Stage of the Hotel Construction Pipeline
Lodging Econometrics (LE) | February 2, 2023
February 2, 2023 – PORTSMOUTH, NH-- According to the Q4 2022 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), LE analysts report that Canada’s total construction pipeline stands at 267 projects/35,758 rooms, up 2% by projects and 1% by rooms year-over-year (YOY). At year-end 2022, projects presently under construction in Canada stand at 52 projects/6,593 rooms. Projects scheduled to start construction in the next 12 months stand at 87 projects/12,098 rooms, a 2% increase in projects YOY and a 15% increase in rooms YOY. Projects in the early planning stage are at an all-time high with 128 projects/17,067...
LRE & Companies and American Hospitality Services Reveal Hotel Brands for Roseville Junction Project
February 1, 2023
SAN RAFAEL, Calif., Feb. 1, 2023 -- LRE & Companies, a full spectrum real estate development, asset manager, construction, and hotel management company, and American Hospitality Services, Inc., a development and hotel management company acting as sponsor, operating partner, and asset manager of strategic commercial real estate assets, have revealed the featured hotel brands and the name of the sports and entertainment complex for Roseville Junction. The new mixed-use development project in Placer County, CA will be home to two select-service hotels: Caption by Hyatt Roseville and Hyatt House Roseville. Captio...
Nobu Hospitality Signs With Enevoria Development for Nobu Hotel, Restaurant, and Residences Al Marjan Island
Nobu Hospitality | February 1, 2023
NEW YORK, February 1, 2023 - Nobu Hospitality, the luxury lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper, has signed a management agreement with Enevoria Development FZ-LLC, to develop the Nobu Hotel, Restaurant, and Residences on Al Marjan Island in Ras Al Khaimah. This is the brand’s second hotel and residence development in the UAE following the announcement of Abu Dhabi in late 2022. The Nobu Hotel, Restaurant, and Residences shall be located on the pristine Al Marjan Island, offering over 7.8 km of unspoiled beaches and stunning waterfront views of the Arabian Gulf. Nobu Hotel and Nobu Restaurant will also ...
Commonwealth Hotels Celebrates Topping Off of the Homewood Suites Newport Cincinnati
Commonwealth Hotels, LLC | January 31, 2023
COVINGTON, Ky., Jan. 31, 2023-- Commonwealth Hotels and Homewood Suites by Hilton, the award-winning upscale, all-suite hotel brand announced today the "topping off" of its new hotel in Newport, Kentucky signifying that the final beam has been placed and that the structural framework is complete. Homewood Suites Newport Cincinnati is projected to be up and running by mid-summer. The 5-story, 133-suite hotel developed and owned by Corporex, is located at 201 West 4th Street, near Newport Ovation on the River and MegaCorp Pavilion. "This topping off marks a milestone in construction at the Homewood Suites by...
Hyatt Signs Franchise Agreement With FP Global for Hyatt Regency Lahore DHA
Hyatt Regency | January 30, 2023
CHICAGO (January 30, 2023): Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with FP Global (Private) Limited for Hyatt Regency Lahore DHA, which will mark the first Hyatt-branded hotel in Pakistan and a significant step forward in Hyatt’s plans to expand its brand portfolio in Southwest Asia. Situated within Defence Housing Authority Phase 6 (DHA-6), the property will be operated by Valor Hospitality Partners and is expected to open its doors in 2024. “We look forward to collaborating with the FP Global (Private) Limited team and Valor Hospitality Partners to unveil the...
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