management agreement
The Unbound Collection by Hyatt Brand to Expand in Japan With Plans for Hotel Toranomon Hills
The Unbound Collection by Hyatt | January 24, 2023
CHICAGO (January 24, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered in a management agreement with a Mori Building affiliate for Hotel Toranomon Hills, which will be located at the heart of Tokyo’s emerging business center as part of the new Toranomon Hills Station Tower. Slated to open in late 2023, the 205-luxury hotel will debut The Unbound Collection by Hyatt brand in Tokyo and will mark the second hotel within The Unbound Collection by Hyatt brand in Japan, further demonstrating Hyatt’s intentional brand growth in the Asia Pacific region. “We are thrilled for these plans to d...
IHG and Willard Associates Renew Long-Term Management Agreement for The Willard Intercontinental Hotel
IHG Hotels & Resorts | November 2, 2022
ATLANTA, Nov. 2, 2022 – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced a new 25-year management agreement with Willard Associates for The Willard InterContinental Hotel, one of Washington, D.C.’s most iconic and storied hotels. The Willard’s rich history and sophisticated architecture have made it a premier luxury hotel in the heart of the nation’s capital. Located just one block from the White House, the Willard is a 12-story luxury hotel with 335 guest rooms, including 55 suites and 14 specialty suites. With unparalleled views of the city's most recognizable sites, the Willard’s ...
Ennismore Signs With ActivumSG to Open SLS Barcelona, the First SLS Hotel in Europe
ENNISMORE | April 11, 2022
NEW YORK - April 11, 2022 - Ennismore and ActivumSG Capital Management have signed a long-term management agreement that will bring Ennismore's lifestyle brand SLS to Europe for the first time, opening a 490-room hotel on the seafront of Barcelona in the second half of 2024. The 31,326 sqm development is next to the beach and fronts the marina on the northeast side of Barcelona's [email protected] district - the former industrial area revitalized under a major regeneration program. It is the last seafront plot in metropolitan Barcelona available for hotel development, with the main structural work scheduled to be completed in the coming m...
Hilton Expands Presence in Japan’s Cultural Capital With Signing of Hilton Kyoto
Hilton Hotels & Resorts | April 6, 2022
TOKYO, Japan and MCLEAN, VA - April 6, 2022 - Hilton (NYSE: HLT) today announced the signing of a management agreement with Tokyo Tatemono Co., Ltd. to launch Hilton Kyoto in 2024. The property will be Hilton’s first flagship-branded hotel in Japan’s cultural capital, a popular destination for both international and domestic travelers. “We are delighted to partner with Tokyo Tatemono Co., Ltd. to bring Hilton’s flagship brand to Kyoto. This is the third hotel development inked by Hilton in Kyoto, following the opening of ROKU KYOTO, LXR Hotels & Resorts last year, and Hilton Garden Inn Kyoto Shijo Karasuma which i...
Centara Signs With Chiangmai Riverside Plaza Hotel Co. to Manage Centara Riverside Hotel Chiang Mai
Centara Hotels & Resorts | April 6, 2022
Bangkok, Thailand – April 6, 2022 – Centara Hotels & Resorts, Thailand’s leading hotel operator and Chiangmai Riverside Plaza Hotel Co., Ltd. announce the signing of a Hotel Management Agreement (HMA) for Centara Riverside Hotel Chiang Mai. Senior management teams from the two companies officially executed the agreement at a signing ceremony held at Centara Grand at CentralWorld recently. The latest signing is the first following the announcement by Centara of its bold expansion plans, which will help the group reach its goal of becoming a top 100 global hotel operator within five years. Located next to Ping River close t...
Salter Brothers’ Recent Travelodge Portfolio Acquisition to Join Accor in 2023
SALTER BROTHERS | April 1, 2022
In one of Australia’s largest hotel management portfolio agreement deals for over a decade, Salter Brothers has announced that its portfolio of hotels, acquired as part of the recent Travelodge acquisition, will be joining the global hotel giant Accor at the start of the 2023 financial year. The management agreement, which includes an industry-leading link to ESG outcomes, will see its hotels (2000+ rooms) rebranded to ibis Styles, Mercure and Novotel hotels when they join the 340+ Accor network of hotels, apartments and resorts across Australia. Paul Salter, Managing Director of Salter Brothers confirmed that the signing was an excitin...
Oakwood Partners With A&D for Oakwood Hotel Cheongju in South Korea
Oakwood | March 23, 2022
SINGAPORE – March 23, 2022 – Oakwood® cements its leadership position among the world’s top serviced apartment brands with sustained expansion in South Korea. The signing of a management agreement for Oakwood Hotel Cheongju, in the capital of North Chungcheong province, will increase the brand’s footprint in South Korea to three properties, joining Oakwood Premier Coex Center Seoul in the capital and Oakwood Premier Incheon. In partnership with A&D Partners Limited, Oakwood will manage the 250-key property comprising 150 hotel rooms and 100 apartments at the city’s new Cheongju Millennium Town landmark, scheduled for openin...
IHG Signs With Al Rabea Hotels and Trading Co. for Holiday Inn Najran in Saudi Arabia
IHG Hotels & Resorts | March 9, 2022
IHG®Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a Management Agreement with Al Rabea Hotels and Trading Co. for Holiday Inn Najran – a conversion property in Najran city in the Kingdom of Saudi Arabia. The hotel is returning to the IHG family having operated as a Holiday Inn hotel from 1995 to 2015. With this signing, IHG is continues to diversify its portfolio in the country to cater to a new segment of travellers, while aligning with the government's growth plan for secondary cities across the Kingdom. The new hotel is expected to be fully rebranded by end of 2023, with completion...
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