hotel signing

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hotel signing

Radisson Hotel Group to Debut in Pakistan With Signing of Radisson Hotel, Lahore City Mall

Radisson Hotel Group | June 12, 2019

Brussels/Lahore - June 12, 2019 - Radisson Hotel Group is delighted to announce the signing of the Radisson Hotel, Lahore City Mall in Pakistan. This deal marks the group’s debut in Pakistan and the launch of its strategy to have 10 hotels and 2,000 rooms in operation and under development across the country by 2025. This brings the group’s South Asia portfolio to 136 hotels in operation and under development. Lahore, the capital of the Pakistani province of Punjab with a population of 11 million, is the second-most populous city of Pakistan. Rich in history, Lahore is a major educational, social, cultural and economic hub, contributi...

IHG Signs With Al Sraiya Hotels & Hospitality Group to Debut Hotel Indigo in Qatar

IHG ® | June 11, 2019

InterContinental Hotel Group (IHG®), one of the world’s leading hotel groups, has signed a Management Agreement with Qatari holding company, Al Sraiya Hotels & Hospitality Group which is under Al Sraiya Holding Group, to debut its global upper-upscale boutique brand, Hotel Indigo, in Qatar. A new built property, Hotel Indigo Doha Lusail is due to open in 2023 and will feature 200 rooms. Established in 2004, Hotel Indigo now has a presence in more than 15 countries with over 100 hotels, and nearly another 100 hotels in the pipeline. Just as no two neighbourhoods are alike, no two Hotel Indigo properties are the same, taking inspirati...

Hilton Partners With Lucror Resources and Sixty West Funds for 125-Room Motto Hotel in Atlanta’s Old Fourth Ward Neighborhood

Motto by Hilton | June 4, 2019

June 4, 2019 - MCLEAN, Va. - Hilton (NYSE: HLT) today announced the first U.S. signing of a Motto by Hilton hotel in the Old Fourth Ward neighborhood of Atlanta, Ga. in partnership with Lucror Resources and Sixty West Funds. Motto by Hilton, Hilton's newest lifestyle hotel brand launched in October 2018, introduces a fresh approach to modern travel, bringing together efficient, micro-guest rooms, activated social spaces, centrally located urban destinations, locally inspired design and a communal vibe to cater to travelers looking for value and one-of-a-kind experiences. Situated at 40 Boulevard NE, the 125-room Motto by Hilton Atlanta ...

Latin America’s Hotel Construction Pipeline Enters Third Year of a Cyclical Slowdown

Lodging Econometrics | May 30, 2019

May 30, 2019 – PORTSMOUTH, NH - In the recent Latin America hotel construction pipeline trend report, analysts at Lodging Econometrics (LE) state that the total construction pipeline stands at 717 projects/123,804 rooms, down 8% year-over-year (YOY) as it enters the third year of decline from its 2015-2016 peak. Projects presently under construction stand at 329 projects/57,735 rooms. Projects scheduled to start construction in the next 12 months stand at 207 projects/34,712 rooms and those in the early planning stage are at 181 projects/31,357 rooms. The first quarter of 2019 had 29 new hotels/5,405 rooms open. The LE forecast fo...

Radisson Hotel Group Partners With Atlantica Hotels for Two New-Build Radisson Hotels in Brazil

May 29, 2019

Minneapolis - May 29, 2019 - Radisson Hotel Group announced the signings of two new-build Radisson hotels in Brazil in partnership with Atlantica Hotels. The hotels span the country from the Pinheiros District in São Paulo to the northeastern coast in the Flecheiras Village. Each hotel will feature the new Radisson design, which includes a comfortable natural look and feel that encourages a balanced environment. Radisson hotels provide opportunities to create experiences that center around social spaces, food and drink, guest rooms, meetings and wellness through the brands signature amenities. Radisson Hotel São Paulo Pinh...

IHG Signs With Omenport Developments for Hotel Indigo® London – Clerkenwell

May 29, 2019

IHG® (InterContinental Hotels Group), one of world's leading hotel companies has signed a Management Agreement with Omenport Developments Ltd for Hotel Indigo® London – Clerkenwell. The 151-room hotel will be the fifth Hotel Indigo in London and is expected to open in early 2021. Located in the heart of the city, Hotel Indigo London – Clerkenwell brings a brand defining property to IHG's pipeline. Established in 2004, Hotel Indigo is IHG's upscale boutique brand and has over 100 hotels across more than 15 countries. The brand is set to double its portfolio presence over the next three to five years and continue its g...

IHG Signs With Empire Group for New Kimpton Hotel & Restaurant in Hong Kong

May 29, 2019

InterContinental Hotels Group (IHG®) and Empire Group announce the signing of a new Kimpton Hotel & Restaurant in Hong Kong today, as IHG expands the boutique luxury brand's presence in Greater China. The signing comes on the heels of the brand's first opening in Asia in March 2019 - Kimpton Da An in Taipei. With the signing of Kimpton in Hong Kong, the brand now has five hotels in the development pipeline across Greater China, all located in tier one cities and popular travel destinations including Shanghai, Sanya, Nanjing and Beijing. Jolyon Bulley, Chief Executive Officer, IHG Greater China, said: "Kimpton Hotels & Restaurants ...

IHCL Signs With AD Estate Developers for New Vivanta Branded Hotel in Gorakhpur, Uttar Pradesh

AD Estate Developers | May 23, 2019

Mumbai, May 23, 2019: The Indian Hotels Company Limited (IHCL), South Asia's largest hospitality company, today announced the signing of a new Vivanta branded hotel in Gorakhpur, Uttar Pradesh. This hotel is owned by AD Estate Developers under a management contract by Vivanta. Commenting on the signing of this agreement, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said "Gorakhpur's hospitality market is in its nascent stage, enabling IHCL to have an early mover's advantage to capture the growing lodging demand in the city. We are pleased to partner with AD Estate Developers in bringing the Vivanta brand to G...


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