Hotel Development India
Indian Hotels Company (IHCL) Signs a Taj Resort in Pushkar
The 110-key resort is situated just minutes away from the sacred Pushkar Lake and the Brahma Temple.
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Hotel Development Vietnam
Nobu Hotel and Restaurant Ho Chi Minh Announced As the 2nd Property for the Brand in Vietnam
Positioned in the heart of Ho Chi Minh's historic District 1, Nobu Ho Chi Minh Hotel and Restaurant connects directly to prominent landmarks, shopping, dining and entertainment complexes of the city. The impressive 40-story mixed-use complex, currently under construction, will encompass Class A office space and the Nobu Hotel and Restaurant.
Marriott International Development Update
Marriott International Accelerates Growth Across Europe With Nearly 100 Hotel Conversions and Adaptive Reuse Projects Expected B...
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. today announced plans to add nearly 100 properties and over 12,000 rooms to its portfolio in Europe portfolio through hotel conversions and adaptive reuse projects, the conversion of existing buildings into a hotel, by the end of 2026.
Hotel Development South Africa
Park Inn Cape Town Foreshore Rebrands to Radisson Hotel Cape Town Foreshore
Located just minutes away from the International Convention Centre (CTICC) and the famous Victoria & Alfred Waterfront, Radisson Hotel Cape Town Foreshore marks the Group's third Radisson property in South Africa.
Radisson Hotel Group Development Update
Radisson Hotel Group Leads Growth in Q1 2024 with Focus on APAC and New Markets
The Group's current portfolio consists of more than 1,340 properties in 95+ countries, including Radisson Blu, the largest upper upscale brand in Europe for the 12th consecutive year, and Radisson, the fastest growing upscale brand in the industry in EMEA and South East Asia.
Hotel Development Bulgaria
Nobu Announces Two Hotels for Bulgaria
Nobu Hospitality announced the development of two properties in Bulgaria - Nobu Hotel and Restaurant Sofia and Nobu Hotel and Restaurant Varna.
Hotel Development Germany
IHG Hotels & Resorts and NOVUM Hospitality Sign Agreement That Doubles IHG's Hotel Presence in Germany
Launches Holiday Inn - the Niu Collaboration, and Debuts Garner and Candlewood Suites Brands
Partners Group Acquires a Strategic Minority Stake in Trinity to Support Its Future Growth
Partners Group will initially target a U.S. $500 million investment with Trinity and will also have the opportunity to commit further capital to Trinity's North American, European, and special situations investment platforms.
Hotel Development Virginia
$1.4 Billion Mixed-use Development Anchored by Live! Casino & Hotel Virginia Announced for Petersburg, Virginia
The proposed site is situated at the intersection of Wagner Road and Interstate I-95 with easy access on and off the East Coast's major north-south interstate, making it the premier location in the Commonwealth. The partners also intend to quickly open an initial first phase casino within a year to begin creating jobs, vendor opportunities and economic benefits immediately for the City of Petersburg and its residents.
Hilton Development Update
Hilton Plans to Enter 5 New Markets in 2024
Hilton now has more new rooms under construction than any other hotel company with approximately one in every five hotel rooms under construction globally slated to join the company’s portfolio. After entering new markets including Monaco, Tunisia and the Democratic Republic of Congo in 2023, this year Hilton is slated to open its first hotels in Bermuda, Paraguay, Nepal, Laos and Timor-Leste.
Hilton Development Update
Hilton Accelerates Resort Growth Across Europe
10 resorts set to open this summer in Mediterranean island destinations including in Greece, Ibiza and Malta - Nearly 100 resorts now trading or in the pipeline across Europe, Middle East and Africa under nine brands
Hotel Development Lisbon
Kimpton Hotels & Restaurants to Open Kimpton Algarve São Rafael Atlántico Hotel Late 2023 in Lisbon
IHG Hotels & Resorts (IHG) announces the signing of Kimpton Lisbon, the first Kimpton Hotels & Restaurants property in the Portuguese capital. Set to open its doors in early 2025, the boutique luxury hotel marks the second Kimpton to come to Portugal, following the signing of Kimpton Algarve São Rafael Atlántico Hotel in late 2023.
Hotel Transaction Boston
Ashford Hospitality Trust Announces Progress in Plan to Pay off Strategic Financing with Closing of Sale of the Hilton Boston Back Bay
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million ($438,000 per key).
Hotel Transaction San Antonio
630 Room Hyatt Regency San Antonio Riverwalk Hotel Sold for $230
Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the fee-simple interest in the 630-room Hyatt Regency San Antonio Riverwalk.
Hotel Development California
Under Canvas First California Lodging Property to Open May 2025 Near Yosemite National Park
The 80-acre camp is set in a serene, mountainside forest surrounded by mature, Yosemite-native trees, just 10 minutes from the west entrance of Yosemite National Park. Additionally, a YARTS (Yosemite Area Regional Transportation System) stop is directly across from the camp's entrance, offering car-free access into the national park.
Hotel Development Tennessee
Caption by Hyatt Chattanooga Hotel Breaks Ground in Chattanooga, Tennessee
Hyatt Hotels Corporation (NYSE: H) announced the groundbreaking of Caption by Hyatt Chattanooga in Tennessee, set to open in early 2026.
Hotel Development Poland
Marriott International Accelerates Growth in Poland With More Than 10 Anticipated Openings in the Pipeline
Expected additions will add more than 1,200 rooms to the company's global portfolio
Hotel Transactions Europe
HVS Europe Hotel Transactions Bulletin Week Ending 5 April 2024
A summary of European hotel transactions provided by HVS
Vignette Collection Development Update
12 Hotels to Join IHG Hotels & Resorts's Vignette Collection in 2024
IHG Hotels & Resorts is celebrating the launch of its inaugural Vignette Collection hotel in the UK. The Halyard Liverpool, Vignette Collection is the first of 12 properties around the world which will to join IHG's newest luxury & lifestyle brand in 2024.
Hotel Transaction Boston
390-Room Hilton Boston Back Bay Hotel Sold for $171 Million
Certares today announced its twelfth hotel acquisition. The firm purchased the 390-room Hilton Boston Back Bay, inclusive of a 209-space parking garage, for $171 million. This acquisition was made in partnership with Belcourt Capital Partners.
Hotel Transaction Arizona
The Scottsdale Plaza Resort & Villas Sold
37.4-acre resort in Paradise Valley includes 404 hotel rooms and suites
Hotel Development South Africa
Minor Hotels and The Cavaleros Group Sign Hotel Agreement to Debut South Africa's First NH Collection
NH Collection Sandton to be launched in Africa's richest square mile
Hotel Development Thailand
Kempinski Hotel & Residences Khao Yai to Open 2026 in Thailand
The accommodation selection includes 63 luxurious hotel rooms including an iconic suite, 48 keys of Branded Residences Condominiums spread across six architecturally stunning buildings, and 12 exclusive 2 - 3 bedrooms Luxury Pool Villas.
Hotel Development Canada
Hilton on Track to Expand Its Canadian Portfolio of Hotels by 50% over the Next 5 Years
Hilton has 180 hotels open and nearly 90 hotels in the pipeline for Canada
Condotel Operator Hotel101 Expects Equity Value of over US$2.3 Billion Following Merger with JVSPAC Acquisition Corporation
The Singapore-headquartered subsidiary of Philippine-listed investment company DoubleDragon Corporation, Hotel101 Global Pte. Ltd. and affiliates and JVSPAC Acquisition Corporation (Nasdaq: JVSA) announced today that they have entered into a definitive merger agreement.