franchise agreement
IHG Expands Portfolio in Saudi Arabia With Signing of Hotel Indigo Abha
IHG | January 15, 2024
Set to open in December 2025, the new-build boutique hotel will feature 110 rooms. Abha, Saudi Arabia, 15 January 2024: IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a franchise agreement for a new-build boutique hotel, Hotel Indigo Abha, in partnership with Firdous Abha Hotel Holding Company and under the management of Aleph Hospitality. The strategic signing underscores IHG’s commitment to expanding its Luxury & Lifestyle portfolio of hotels and elevating hospitality offering for the growing tourism sector in the Kingdom. Part of the IHG Luxury & Lifestyle portfolio, Hot...
IHG Partners With Square Nine Estate Developers to Debut Holiday Inn Express Brand in Islamabad, Pakistan
IHG | December 19, 2023
Set to open in 2026, Holiday Inn Express & Suites, The Avenue, Islamabad will add to IHG’s developing presence in the country Dubai, United Arab Emirates, 19 December 2023: IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a franchise agreement for its first Holiday Inn Express & Suites hotel, in Islamabad — in partnership with Square Nine Estate Developers Pvt. Ltd., a prominent real estate organisation in Pakistan. Scheduled for a 2026 opening, the hotel reaffirms IHG’s strategic commitment to expand its presence in key international markets, in line with market demands. ...
Hilton Expands Mexico Presence With Signing of Two Tapestry Collection by Hilton Hotels in Baja California
Hilton | November 29, 2023
Perla La Paz, Tapestry Collection by Hilton and Tropicana Los Cabos, Tapestry Collection by Hilton mark the brand’s arrival in the region adding to the company’s Baja California portfolio of award‑winning hotels BAJA CALIFORNIA, Mexico and MCLEAN, Va. – Today, global hospitality leader Hilton (NYSE: HLT) announced the signings of two franchise agreements for the upcoming conversions of the 90-room Perla La Paz, Tapestry Collection by Hilton in La Paz and 70-room Tropicana Los Cabos, Tapestry Collection by Hilton in San Jose del Cabo. Expected to open in early 2024, the properties will mark the debut of Tapestry Collection b...
Wyndham and LuxUrban Ink Deal to Expand Trademark Collection Portfolio in the U.S.
LuxUrban Hotels Inc. | August 3, 2023
16 LuxUrban hotels across New York, Washington D.C., Miami, New Orleans and Los Angeles to join Wyndham's Trademark Collection, with the opportunity for additional hotels to join thereafter LuxUrban will continue to manage hotels as they join the industry's #1 hotel rewards program and leverage Wyndham's best-in-class sales, marketing, technology and distribution platform PARSIPPANY, N.J. and MIAMI, Aug. 3, 2023 -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels across more than 95 countries, and LuxUrban Hotels, Inc. (NASDAQ: LUXH), a leading hotel operator with a growi...
IHG Signs With Ginger Tree Goveia to Bring voco Goa Arpora to India
IHG | August 1, 2023
The new 110-keys hotel aligns with IHG’s growth strategy for the Indian market 1st August, 2023, New Delhi: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Ginger Tree Goveia to bring a new hotel to Goa, India. voco Goa Arpora is set to open its doors in January 2025 as the next stride forward in IHG’s ambitious regional growth strategy for the premium brand. Earlier this year, IHG announced the signing of two voco hotels in the country across Jim Corbett and Gurugram. The latest signing marks the rapid expansion of – voco – IHG’s seventh brand...
The Drayton Hotel Savannah Joining Curio Collection by Hilton
Curio Collection by Hilton | July 31, 2023
SAVANNAH, Ga. — The Drayton Hotel is excited to announce it will join Curio Collection by Hilton beginning Tuesday, Aug. 1, marking the brand's debut in Savannah. The Drayton Hotel Savannah, Curio Collection by Hilton was hand-picked by Hilton for its individual character and personality, allowing the hotel to offer its elevated hospitality in the heart of Savannah’s Historic District with the added benefits of the Hilton Honors Program. Opened in 2019, the hotel reinvents one of Savannah’s oldest buildings dating from the 1890s and was carefully restored to embrace the building’s 19th century exterior and the charm of the surro...
IHG Signs With Almuhaysin Group to Open First Regent Hotel in the Middle East
IHG | July 26, 2023
Jeddah, Saudi Arabia, July 26, 2023: IHG® Hotels & Resorts, one of the world’s leading hospitality companies, has signed a management agreement with Almuhaysin Group to open the first Regent Hotel in the Middle East, in Saudi Arabia. Set to open by mid-2024 in one of the most prestigious waterfront locations in Jeddah, Regent Jeddah will provide uninterrupted views of the Corniche and Jeddah’s Formula 1 racetrack, setting a new standard for modern ultra-luxury in Saudi Arabia. The new Regent Jeddah will join existing Regent properties in glamourous destinations such as Bali, Santa Monica and Hong Kong. The signing follows th...
Marriott International’s Strong Conversion Activity Helps Drive Robust Growth in the Caribbean and Latin America
Marriott International, Inc. | July 20, 2023
Hotel conversions continue to have real momentum in the Caribbean and Latin America (CALA) region and in recent years have become an important growth driver for Marriott International. Hoteliers and investors are leveraging the efficiencies and advantages of renovating and rebranding existing properties, further expanding the breadth of Marriott’s portfolio, consisting of 31 global brands. According to data from Lodging Econometrics, the pipeline of brand conversions in Latin America jumped by 22 percent on the first quarter of 2023 compared to the first quarter of 2022, totaling 67 projects and 9,464 rooms. Marriott’s data parallels ...
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