hotel signing
Marriott Partners With AlUla Development Company to Bring an Autograph Collection Property to Saudi Arabia
Autograph Collection Hotels | September 14, 2023
Marriott International, Inc. has announced it has signed an agreement with AlUla Development Company (UDC), fully owned by the Public Investment Fund (PIF), to open an Autograph Collection property in Saudi Arabia. Expected to open in 2025, the hotel will be located in the heart of downtown AlUla. Located in northwest Saudi Arabia, AlUla is a popular travel destination offering adventure and exploration. The vast area offers a lush oasis valley, towering sandstone mountains, historical dwellings, and ancient cultural heritage sites dating back thousands of years. “We are delighted to work with AlUla Development Company to bring Autogr...
Marriott International Signs Agreement With Pt. Pakuwon Jati Tbk. to Build Three Properties in Indonesia’s New Capital City
Marriott International, Inc. | September 13, 2023
The signing marks Pakuwon Jati and Marriott International’s expected entry in Ibu Kota Nusantara Marriott International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara. The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk. Alexander Tedja. “We are thrilled to be working with PT. Pakuwon Jati Tbk. on this landmark agreement,” said Ramesh Jackson, Area Vice President, Indonesia and M...
Four Seasons and Cisneros Real Estate to Develop New Luxury Resort and Residences in the Dominican Republic
CISNEROS REAL ESTATE | September 12, 2023
Four Seasons and Cisneros Real Estate (Cisneros) announce plans for the development of Four Seasons Resort and Residences Dominican Republic at Tropicalia, a sustainable luxury destination located on a 60-acre (24 hectare) site along the pristine beachfront of Playa Esmeralda in northeastern Dominican Republic, along the southern shores of Samaná Bay. The project will combine the globally renowned hospitality and service of Four Seasons and Cisneros’ decades of business and investment in the Dominican Republic, Latin America and the United States. With construction underway, the project is slated to open in early 2026. Featuring a tro...
Hyatt Signs With Hotel Properties of Panama to Expand Footprint in Panama
Hyatt Regency | September 12, 2023
Expected to open in summer 2024, Hyatt Regency Panama City will help Hyatt grow its brand in a bustling leisure and business travel market CHICAGO (September 12, 2023) – Hyatt Hotels Corporation (NYSE:H) in collaboration with Hotel Properties of Panama Inc., today announced the planned expansion of the Hyatt Regency brand in the Latin America & Caribbean region with Hyatt Regency Panama City, expected to open in summer 2024. Hyatt Regency Panama City will be the first Hyatt Regency hotel in Panama City and the third Hyatt hotel in Panama. Perfectly situated for business and leisure travelers, the hotel will be in the heart of Pana...
Club Med Signs Exclusive Partnership Agreement With Paradise Indonesia
Club Med | September 7, 2023
Jakarta, 7 September 2023 – A Memorandum of Understanding (MoU) was signed between PT. Indonesian Paradise Property Tbk. (“Paradise Indonesia”) and Vacances (s) Pte. Ltd. ("Club Med"). The signing was made between Mr. Anthony Prabowo Susilo, President Director & CEO of PT Indonesian Paradise Property Tbk, and Ms.Rachael Harding, CEO of East and South Asia & Pacific Markets at Club Med. The signing ceremony was held at Residence OnFive, Grand Hyatt Jakarta, one of Paradise Indonesia’s business units. According to the MoU, Paradise Indonesia and Club Med are entering into a mutually exclusive partnership for the development of...
Marriott International Strengthens Expansion Plans in Türkiye With 13 Deal Signings Comprising Over 2,000 Rooms
Marriott International | September 5, 2023
Signed projects include the anticipated debut of Fairfield Inn by Marriott in the country Marriott International, Inc. (NASDAQ: MAR) reinforced its long-term commitment to Türkiye with the announcement of 13 deal signings comprising over 2,000 rooms. The signings are expected to further enhance the company’s footprint in the country where it currently has a portfolio of 48 properties and nearly 8,000 rooms across 21 brands. “As one of the most sought-after tourist destinations in the world, Türkiye continues to provide the company with opportunities to further diversify its portfolio across primary, secondary, and tertiary markets i...
Marriott International Signs Agreement With Dalands Holding to Bring W Hotels to Al Marjan Island in Ras Al Khaimah
W Hotels | August 31, 2023
Overlooking the Arabian Gulf, the urban escape is anticipated to feature the brand’s detail-driven design and innovative programming Marriott International, Inc., today announced it has signed an agreement with Dalands Holding in collaboration with Marjan, the master-developer of freehold properties in Ras Al Khaimah, to bring W Hotels to Al Marjan Island. Slated to open in Q1 2027, W Al Marjan Island is anticipated to mark W Hotels first property in the emirate of Ras Al Khaimah bringing bold design, outstanding service and always-on programming. Al Marjan Island is Marjan’s flagship archipelago island off the coast of the city set a...
SODIC Partners With Nobu Hospitality to Expand Nobu Brand in Egypt
Nobu Hospitality | August 30, 2023
Nobu Hospitality set to open its first hotel and restaurant in Portugal NEW YORK, August 30, 2023 — Nobu Hospitality, the fastest growing luxury lifestyle brand founded by Chef Nobu Matsuhisa, Robert De Niro, and Meir Teper, is pleased to announce its expansion into Portugal marking another significant milestone in the company's global expansion strategy. The Nobu Hotel and Restaurant Lisbon is the first stage of Nobu Hospitality's planned expansion into Portugal which is part of the group's global growth strategy. With its distinctive blend of luxury, culinary innovation, and immersive guest experiences, Nobu Hospitality c...
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