hotel management agreement

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hotel management agreement

Hyatt Signs With wasl Asset Management Group for Development of Andaz Dubai The Palm

Andaz | April 29, 2019

CHICAGO -- Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, for the development of an Andaz branded hotel on the Palm Jumeirah. Occupying prime real estate on the world-famous man-made island, Andaz Dubai The Palm is slated to open in the last quarter of 2019, becoming the first Andaz branded hotel in Dubai and the second Andaz hotel in the United Arab Emirates, joining Andaz Capital Gate Abu Dhabi. Created for the inquisitive-minded traveler, the hotel will offe...

IHG Signs With City Motors Group for New-Build Holiday Inn Slated for 2023 Opening in Kuala Lumpur

April 25, 2019

IHG® (InterContinental Hotels Group), one of the world's largest hotel companies, has signed a management agreement with City Motors Group for a new-built Holiday Inn in the affluent creative hub of Kuala Lumpur – Bangsar, Kuala Lumpur. Holiday Inn Kuala Lumpur Bangsar will be the fourth IHG property in the Malaysian capital. Slated to open in 2023, the hotel will feature 220 rooms and six meeting rooms, the largest of which will hold approximately 400 people. The hotels plans to incorporate the Holiday Inn Open Lobby concept, which will combine public facilities within a single, open cohesive space, creating flexibility for g...


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