hotel conversion
Moire Hoi An, Vignette Collection to Launch in Conversion Deal With New Partner Hoi An Pearl Joint Stock Company
Vignette Collection | June 20, 2024
Ho Chi Minh City, Vietnam – 20 June 2024: The growth of IHG Hotels & Resorts in Vietnam continues with the introduction of its Vignette Collection brand to the country through an agreement with new partner Hoi An Pearl Joint Stock Company. Moire Hoi An, Vignette Collection will join IHG’s fast-growing Luxury & Lifestyle portfolio – the second largest in the world – under the Vignette Collection brand, following an extensive refurbishment and conversion from the existing Bay Resort Hoi An. The property will offer heritage preservation, contemporary elegance and immersive exploration in the heart of Hoi An and on the...
Fairfield Inn & Suites Madison South Opens in Wisconsin Following Renovation & Conversion
Legacy Ventures | June 19, 2024
(MADISON, WIS.) – Fairfield Inn & Suites Madison South announced its opening, offering a combination of style, comfort and convenience for both leisure and business travelers. Nestled just off Beltline Highway and adjacent to the Sheraton Madison Hotel, this 89-room hotel features 75 standard guestrooms and 14 suites. The hotel boasts a premier location for exploring the area or getting work done, with easy access to downtown Madison and attractions on the east and west sides of the city. Situated within the vibrant Alliant Energy Center area, the hotel marks one of the latest revitalization projects in the city’s ongoing efforts to ...
The Quincy Hotel Washington DC Joins Choice Hotels International’s Ascend Hotel Collection
Hotel Equities | June 18, 2024
Hotel Equities to Manage DC's First Ascend Hotel Collection Property Washington, DC – June 18, 2024 – Today, Hotel Equities ("HE") announced The Quincy Hotel in Washington DC will be rebranded to become part of Choice Hotels International’s Ascend Hotel Collection. This marks the first Ascend Hotel Collection property in the Washington, DC market, bringing a new level of boutique hospitality to the nation's capital. The hotel, located at 1823 L. St. NW, Washington, DC 20036, is owned by an affiliate of UIP and will be operated by HE. As part of this rebranding, The Quincy Hotel, Ascend Hotel Collection, will undergo renovations to...
Accor Signs With Terres de Légendes for Conversion of Saint Martin’s Beach Plaza Hotel to MGallery Property
Accor | June 18, 2024
Accor, a world-leading hospitality group, in partnership with Terres de Légendes, is thrilled to announce the signing of a new hotel development, The Whimsy Hotel & Spa Saint-Martin – MGallery Collection. Located in the vibrant heart of Saint-Martin, it will be the first MGallery hotel to open in the Caribbean, a strategic location for the ongoing growth and development of the boutique-hotel collection brand MGallery. Nestled along the pristine beaches of Saint-Martin, close to Marigot on the French side of the island, the hotel serves as an enchanting coastal haven, celebrating the island's rich cultural heritage while drawing insp...
HITEC 2024 Spotlight on Hotel Development in Charlotte, NC
Lodging Econometrics | June 18, 2024
June 18, 2024 – PORTSMOUTH, NH Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte, NC market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC). The Q1 2024 LE Market Trend Report for the Charlotte market highlights that Charlotte has a total of 67 hotel projects and 7,772 rooms in the construction pipeline, positioning it fifteenth among the top 25 U.S. markets for the largest hotel construction pipeline by project count. Within the Charlotte market, at the close of the first quarter, hotels presently under construction stand at 11 projects/1,435 rooms. Projects sched...
Playa Hotels & Resorts and Marriott Sign Agreement to Open Paraiso de la Bonita, a Luxury Collection Adult All-Inclusive Resort, Riviera Maya
Playa Hotels & Resorts N.V. | June 6, 2024
Anticipated to open in late 2024, the property will undergo a conversion process before bringing The Luxury Collection brand to the Mexican Caribbean Ft. Lauderdale, Fla. (June 6, 2024) – Playa Hotels & Resorts, owner and operator of all-inclusive resorts in Mexico, Jamaica, and Dominican Republic, is pleased to announce an agreement with Marriott International Inc. to expand The Luxury Collection brand in the Mexican Caribbean with Paraiso de la Bonita, a Luxury Collection Adult All-Inclusive Resort, Riviera Maya. Set to open in late 2024, the resort will be situated on 14 acres of lush natural landscape, nestled between a mangrov...
New York Market Leads U.S. With Number of Hotels Under Construction in Q1 2024
Lodging Econometrics (LE) | May 29, 2024
May 29, 2024 – PORTSMOUTH, NH – Lodging Econometrics (LE) releases the latest on hotel development for the New York, NY market, prior to the NYU International Hospitality Industry Investment Conference (NYU Conference). In the Q1 2024 LE Market Trend Report for the New York market, analysts report the market has a total of 78 projects/13,549 rooms in the hotel construction pipeline, the tenth largest pipeline by projects of any market in the U.S. Of the top 50 markets in the U.S., the New York market leads with the greatest number of hotels presently under construction standing at 47 projects/7,655 rooms. Projects scheduled to start...
Marriott International and KKR To Launch Midscale Hospitality Segment in Japan With Four Points Express by Sheraton
Marriott International | May 7, 2024
Marriott International, Inc. (Nasdaq: MAR) and KKR, a leading global investment firm today announced the launch of each company’s foray into the midscale hospitality space in Japan, which follows KKR’s completion of the acquisition of Unizo Hotel Company, Limited and a portfolio of 14 hotels in Japan from Unizo Holdings. The 14 hotels will be converted to Four Points Express by Sheraton. This marks Marriott’s entry into the affordable midscale segment in Japan and the brand’s debut in Asia Pacific following its global launch in this space in 2023. The portfolio of 14 hotels is located in major tourist destinations in 10 cities acr...