Nikki Beach Global Continues Expansion with Upcoming Projects in Antigua, Baku and Muscat
Nikki Beach Hotels & Resorts Division | May 19, 2023
MIAMI, FLORIDA, May 19, 2023 – Nikki Beach Global, the international luxury lifestyle and hospitality brand, announced today the upcoming openings of Nikki Beach Resort & Spa Antigua and Nikki Beach Resort & Spa Baku scheduled for 2025. The property in Antigua will feature a hotel, residences and beach club –Nikki Beach Antigua – while the location in Baku will include a hotel and residences, the brand’s first standalone resort without a beach club. Nikki Beach also shared the news late last year that Nikki Beach Resort & Spa Muscat will be opening in early 2024 including a hotel, beach club – Nikki Beach Muscat – a...
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...
Leisure Travel Demand Fuels Hyatt’s Rooms Growth in the Latin America and Caribbean Region
Hyatt Hotels Corporation | September 21, 2022
CHICAGO (September 21, 2022) — Hyatt Hotels Corporation (NYSE: H) announced today strategic brand growth in the Latin America and Caribbean region with a strong development pipeline of more than 20 planned luxury and lifestyle hotels and resort openings through 2024, including the expansion of Hyatt brands into new markets. “Latin America and the Caribbean are top leisure destinations for global travelers, and we continue to grow Hyatt’s brand presence in this important region to offer unique experiences to high-end travelers in new markets and sought-after destinations,” said Camilo Bolaños, senior vice president of developmen...
Nearly 200 Hyatt Hotels Expected to Open in the Americas Region by 2022
Hyatt Hotels Corporation | January 28, 2020
Hyatt’s Americas full service and select service brand portfolios expected to grow by 33 percent by 2022 CHICAGO (January 28, 2020) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt plans to grow its Americas brand portfolio with the expected opening of more than 50 full service and select service hotels in 2020 and the addition of more than 140 additional hotels to its pipeline of hotels expected to open by 2022. This growth is set to fuel Hyatt’s regional brand presence by 33 percent of its current Americas portfolio. Newly executed deals for properties – under management and franchise agreements – will join 58...
Braemar Hotels & Resorts Plans January 2020 Opening of The Clancy – A New Autograph Collection Property In Downtown San Francisco
Braemar Hotels & Resorts | August 1, 2019
July 2019 (San Francisco, CA) – Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the planned opening of The Clancy in January 2020. Located in San Francisco's vibrant South of Market (SoMa) district, the former Courtyard San Francisco Downtown is undergoing a rebranding and renovation of approximately $30 million to create The Clancy. The hotel now joins Marriott International's Autograph Collection® Hotels, a diverse portfolio of approximately 180 independent hotels around the world that reflect unique vision, design and environments. The Clancy is ideally situated at 299 Second Street, i...
Emaar Hospitality Group to Open 5 New Hotels in Dubai This Year
Emaar Hospitality Group | April 24, 2019
Dubai, UAE; April 24, 2019: Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties, today announced that it will open four new hotels in Dubai under its premium luxury Address Hotels + Resorts and upscale lifestyle Vida Hotels and Resorts, this year. Further, Rove Hotels, the joint venture of Emaar Properties and Meraas, will open a new hotel, further adding to the contemporary midscale hotel choices in the city. Two hotels will open under Address Hotels + Resorts – both in Downtown Dubai: Address Fountain Views and Address Sky View. The new hotels to open under Vida Hotels and Resorts a...
2.5% Growth Rate of New Hotel Openings Expected in 2018 & 2019
Lodging Econometrics | February 1, 2018
February 1, 2018 – PORTSMOUTH, NH – By the end of 2018, the Census of Open & Operating Hotels in the U.S. is expected to grow by 2.5% with 1,145 Projects/130,209 Rooms opening up according to published reports from Lodging Econometrics (LE). Of those expected to open, 514 Projects/50,165 Rooms will be Upper Midscale, the highest count of any chain scale and 45% of all new openings. 556 Projects/59,309 Rooms, almost 50% of new openings, will be suburban locations although the U.S. market with the most anticipated openings is New York with 57 projects/9,534 Rooms. In 2019, the Census is expected to grow another 2.5% by ope...
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