IHG Partners With Björnbäckens Fastighets for Dual-Branded Crowne Plaza and Holiday Inn Express in Sweden
IHG Hotels & Resorts | September 29, 2022
IHG® Hotels & Resorts, one of the world’s leading hospitality companies, today announces the signing of Crowne Plaza & Holiday Inn Express Stockholm Arlanda Airport, which will be the company’s first hotels in Sweden after returning to the market. Entering a new strategic partnership with owning company Björnbäckens Fastighets AB, the franchise deal strengthens IHG’s presence in the Nordic markets and underscores the company’s growth ambitions for Sweden and beyond. The dual-branded property will see a total of 420 rooms – 120 housed in the Crowne Plaza property, and 300 rooms at the Holiday Inn Express hotel. It w...
IHG Continues Growth of voco Brand With Signing in Belgium With Living Tomorrow
IHG Hotels & Resorts | September 29, 2022
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is delighted to announce the signing of voco Brussels City North, marking entry into a new market. The first of its kind in Belgium, voco Brussels City North will focus on innovation, and symbolises the future of hospitality. One of IHG’s newest and most successful brands, voco hotels has also become its fastest growing upscale brand, happening at a quicker pace than others within IHG’s portfolio. IHG is delighted to be partnering with Living Tomorrow, an internationally operating research organisation that specialises in bringing innovative projects ...
Valor Hospitality Parners, ICD Hospitality, and Leisure Form JV to Support Dubai Vision 2040
Valor Hospitality Partners | September 29, 2022
ATLANTA, Ga. – September 29, 2022 – Valor Hospitality Partners, a global, full-service hotel management company announced today a highly anticipated partnership between Valor Hospitality Partners Middle East and ICD Hospitality and Leisure LLC, a wholly owned subsidiary of Investment Corporation of Dubai that manages a portfolio of commercial companies and investments. Under a long-term arrangement, the new joint venture, Valor Hospitality Partners DMCC, will scale up operations in the Middle East region by signing new hotel management agreements with hotel owners. Leading global hotel groups have a majority of their hotels under fr...
Dhruv Development Begins Construction of New HomeTowne Studios by Red Roof in Bradenton, Florida
September 28, 2022
Columbus, Ohio – Sept. 28, 2022 – Red Roof®, the leader in economy lodging, announced that concrete has been poured and construction has begun on a new HomeTowne Studios by Red Roof in Bradenton, Florida. The 124 -room HomeTowne Studios (HTS) is the first new-build property for HomeTowne Studios by Red Roof, which has already converted nearly 70 hotels to the HomeTowne Studios brand across the country. The Bradenton property is owned and will be operated by Dhruv Management of Port Richey, Florida, which owns or operates more than 150 hotels nationwide. “We are excited to partner with Dhruv Management on the developme...
Katara Hospitality and Accor Expand Partnership With the Signing of Fairmont Tazi Palace Tangier
Accor | September 27, 2022
Katara Hospitality, a leading global hotel owner, developer, and operator based in Qatar strengthens its partnership with Accor, the world’s most diverse hospitality group with over 425 hotels across India, Middle East, Africa and Turkey, with the opening of the new Fairmont Tazi Palace Tangier in the Northern region of Morocco. Set to open in the 4th quarter of 2022, the new luxury hotel will consolidate the long-standing partnership between the two groups, with Katara Hospitality already owning several landmark hotels managed by Accor. The historical palace will feature 133 luxurious rooms and suites, a Fairmont Spa, multiple restaurant...
IHG Signs With Grape Hospitality for Five Conversion Projects Across Southern Europe
IHG Hotels & Resorts | September 27, 2022
IHG Hotels & Resorts, one of the world’s leading hospitality companies, today announces a multi-property development agreement with Grape Hospitality for five conversion properties in prime European destinations. The five properties include voco Madrid Centre Retiro – a market debut for the voco brand in Spain; three Hotel Indigo properties in Florence, Italy; Bordeaux, France; and Barcelona, Spain, respectively, and Crowne Plaza Madrid Centre Retiro. All three brands are going from strength to strength; the Hotel Indigo brand now boasts 40 open hotels in Europe with a further 19 in the pipeline; voco has expanded to 15 open ho...
Radisson Hotel Group Achieves Record Growth Year in Greece
Radisson Hotel Group | September 26, 2022
Radisson Hotel Group announces a record year of growth for Greece with four signings and three openings to date, leading international development activity in the country. 2022 marks an impressive year for the Group as it continues to build on its growing trust from strategic investors and partners. With the signing of two hotels in Athens and two resorts in Mykonos and Skiathos, both of which also opened earlier this year, the Group’s portfolio now stands at seven hotels and resorts with more than 800 rooms in operation and under development. In recent months, Radisson Hotel Group introduced several of its brands to the Greek market. It...
Peachtree Hospitality Development to Deliver Record Year of Development Achievements
Peachtree Group | September 26, 2022
ATLANTA (Sept. 26, 2022) – Peachtree Group’s (“Peachtree”) development division, Peachtree Hospitality Development (“PHD”), is on track to deliver a record year of development achievements. In 2022, PHD has opened three select-service hotels, with another hotel slated to open later this year. In addition, the company will break ground this year on 11 hotels, primarily select-service, across the U.S. In total, Peachtree will add more than 1,500 rooms to its portfolio through these developments. “While construction starts have been slowed by the pandemic and supply chain disruptions, we have successfully navigated these issues...
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