hotel development
Dream Hotel Group Plans 200-Key Dream Frisco in Texas
Dream Hotels | May 24, 2022
NEW YORK, NY (May 24, 2022) – Renowned hotel brand and management company Dream Hotel Group today announced plans to open Dream Frisco, a boutique 200-key hotel, as part of the new Firefly Park mixed-use development in the historic town of Frisco, Texas, just 28 miles north of Dallas. Led by Texas-based real estate and investment company Wilks Development, with masterplan design by UN Studio, in collaboration with Sasaki Architects, the 200-room Dream Frisco hotel will feature an expansive rooftop pool deck and bar, state-of-the-art fitness center, and four dynamic food and beverage offerings, including a signature restaurant, nightclub...
IHG Signs With Asset World Corporation for Kimpton Hua Hin Resort in Thailand
IHG Hotels & Resorts | May 23, 2022
Thailand – 23 May 2022: IHG Hotels & Resorts, one of the world’s leading hospitality companies, is honoured to announce the signing of Kimpton Hua Hin Resort in collaboration with long-standing partner Asset World Corporation, Thailand’s leading integrated lifestyle real-estate group. Opening in 2024, the 124-room resort will be the fourth Kimpton hotel in the Kingdom. Part of IHG’s Luxury & Lifestyle portfolio, the Kimpton brand’s popularity and growth in Thailand has accelerated at pace since its debut in Bangkok in 2020, thanks to its heartfelt service, boldly playful design and award-winning dining offers. The a...
Hyatt Signs With Grupo Murano for First Andaz Hotel in Mexico City
Andaz | May 19, 2022
CHICAGO (May 19, 2022) - Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a management agreement with Grupo Murano for a new luxury lifestyle hotel, Andaz Condesa Mexico City, to be located in Mexico City’s Condesa neighborhood. The 213-room hotel will represent the first Andaz property in Mexico City, and is expected to open in late 2022 as part of the I421 mixed-use complex, formerly known as the historic Conjunto Aristos. The Andaz brand of luxury lifestyle hotels offer distinctively local experiences that stimulate the senses. Every Andaz hotel celebrates the uniqueness of their neighborho...
China’s Hotel Construction Pipeline Hits Record High Project & Room Counts at Q1 2022
Lodging Econometrics | May 19, 2022
May 19, 2022 – PORTSMOUTH, NH According to the latest Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of Q1 ‘22, China’s total hotel construction pipeline reached record high project and room counts, standing at 3,711 projects/704,101 rooms and up 8% by projects and 7% by rooms year-over-year (YOY). China has 2,623 projects/477,245 rooms presently under construction, both at record highs, and up 11% and 12% YOY, respectively. Projects scheduled to start construction in the next 12 months stand at 504 projects/96,054 rooms. Projects and rooms in the early planning stage are up 26% and 17% YOY, respective...
Kimpton Hotels & Restaurants Breaks Ground on First Newly Constructed Non-Gaming Hotel in Reno
Kimpton Hotels & Restaurants | May 17, 2022
SAN FRANCISCO (May 17, 2022) – Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, joined CAI Investments, key stakeholders and local officials on Friday, May 13 for a ceremonial groundbreaking event to mark the progress on its new hotel in Reno, Nevada. When it opens in late 2024, the new Kimpton in Reno will become the first newly constructed non-gaming hotel built in the city. With a prime location in the heart of Downtown and across the street from the Truckee River and Wingfield Park, the hotel will become a beacon for boutique hospitality in the “Biggest Little City in the World....
Hilton to Open Its First Hotel in San Sebastián, Spain in 2024
Hilton | May 12, 2022
SAN SEBASTIÁN, Spain and MCLEAN, Va. – Hilton (NYSE: HLT) has today confirmed plans to open its first hotel in San Sebastián, Spain, following a franchise agreement with Sociedad Anónima Deportes y Espectáculos, S.A. – a wholly owned subsidiary of Grupo SADE. Palacio Bellas Artes Hotel San Sebastian, Curio Collection by Hilton is expected to open in 2024, following a redevelopment programme which will celebrate the building’s considerable history and architectural heritage. Grupo SADE will manage the hotel. Patrick Fitzgibbon, senior vice president, development, EMEA, Hilton said, “San Sebastián is a city which has a wealt...
Rivers Casino Portsmouth Celebrates Construction Milestone With Topping-Off Ceremony
Rivers Casino Portsmouth | May 10, 2022
PORTSMOUTH, Va.--Rivers Casino Portsmouth announced the completion today of the steel framing for the new gaming and entertainment complex on Victory Boulevard, which will open in early 2023. At a Topping-Off Ceremony this morning, a Rivers-yellow steel beam — signed by the Ballard-Yates construction teams, Rivers Casino Portsmouth leadership, and local officials — was raised against the backdrop of celebratory music and hoisted into place. The beam marks a significant construction milestone for the property since its groundbreaking in December 2021. “We began moving dirt and setting the stage less than a year ago, and we are maki...
IHG Extends Multiple Development Agreement Across Northern Europe With tristar GmbH
IHG Hotels & Resorts | May 10, 2022
The agreement sees the partnership grow to 60 hotels with IHG Hotels & Resorts by 2025 with developments planned in Germany, Austria, Switzerland, Poland, and Italy IHG® Hotels & Resorts, one of the world’s leading hospitality companies, today announces the extension of its multi-property development agreement for the DACH region (Germany, Austria and Switzerland) and expands the growth ambition to Italy and Poland. In 2022 alone, tristar GmbH will open four new Holiday Inn Express hotels and a Hotel Indigo in Vienna, marking the brand's entry into the Austrian market. The announcement is a further development of IHG’s str...
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