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hotel industry maintains a steady development pipeline, though current activity reflects a more cautious approach amid near-term challenges. Hotel Construction Pipeline Trend Report, the total pipeline has expanded to 6,376 projects encompassing 749,561 rooms—representing a 5% increase in projects and 7% growth in rooms compared to Q1 2024.
We look forward to our continued positive engagement with IHG and the Barossa, as our team works closely with them in unlocking this opportunity and bringing this project to fruition, Cook added. The post Crown jewel for South Australia: IHG signs luxury resort in the heart of Barossa Valley appeared first on Hotel Management.
Artist’s impression: Voco Maroochydore Sunshine Coast “The region desperately needs new accommodation product, and hotel developments like Voco Maroochydore will play a vital role in stimulating the local economy. “We
The brands current pipeline includes three under-construction hotels totalling over 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriotts global regions over the next decade. The closing of the transaction is subject to various customary conditions, including U.S.
At closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property. Following closing, the citizenM portfolio will become part of Marriott’s system, with the hotels owned and leased by the seller subject to new long-term franchise agreements with Marriott. regulatory approval.
The property’s accommodations and amenities are tailored to seamlessly fit into guests’ daily routines, allowing them to immerse themselves in the local community while feeling at home. Guests will have access to nine meeting rooms, an elegant lounge bar and restaurant, and wellness amenities, including a spa, cutting-edge gym and a pool.
The apartment hotel meets a demand for quality extended stay accommodation in an area that has historically been undersupplied and is on an upward growth trajectory with population projected to more than double over the next 30 years.
Looking ahead, we have several exciting opportunities in the pipeline. We’re closely monitoring the market and are optimistic about the potential for further growth as the economic fundamentals in New Zealand improve. This success is a testament to the hard work of our Quest franchisees and the strength of our business model.
Located in the city’s original business district, the property is close to attractions such as Mercedes-Benz Stadium and the Georgia Capitol Museum. “We Accommodations at Origin Hotel Atlanta include a variety of layouts: corner king, king classic, corner double queen, double queen classic, a bunk room and a premier suite.
City Express by Marriott now has a presence in five countries, with an additional six markets and over 60 projects in the pipeline—underscoring its rapid growth and increasing impact in the midscale hospitality segment. In March, the brand officially debuted in the United States, with plans to expand into Canada.
Located one mile from downtown Bozeman, the lodge will be located close to Bridger Bowl, Big Sky Resort, Yellowstone National Park and the Madison, Gallatin, and Yellowstone Rivers. Field & Stream Lodge Co. ,a
HALL Structured Finance has closed on a first-lien construction loan totaling $53.5 The hotel will feature 129 rooms and will be the first upper-upscale, full-service property in Truckee, a town whose existing hotel offerings are primarily older, limited-service or resort-style accommodations. of meeting space.
The property is also close to the Orlando Science Center, the Leu Gardens and the Kennedy Space Center. “Just minutes from Orlando’s world-renowned theme parks, vibrant cultural scene and major corporate hubs, our guests will enjoy wellness-focused accommodations and exceptional hospitality, resulting in an exceptional guest experience.”
Strategically situated close to the central business district, the hotel will benefit from proximity to key demand generators including the nearby towns of Kochi, Alleppey, Pathanamthitta, Kollam and Thiruvananthapuram.
Most recently, she served as Vice President of Marketing at Euna Solutions, where she led demand generation, communications, and brand strategy efforts that delivered significant gains in pipeline efficiency and bookings. In addition, Wright previously held leadership roles at Community Brands and Sabre.
Being in close proximity to these healthcare hubs and reputable distribution centers, the company expects it to be the extended-stay hotel for employees on work travel, distribution center trainees, travel nurses and healthcare patients. We offer everything you need and nothing you don’t,” said Dailey.
Whether you’re here for work, play or a little of both, were excited to welcome guests with comfortable, convenient and quality accommodations in the heart of this dynamic community. We also look forward to continuing our partnership with My Place Hotels. This is our fourth My Place property, and there will be many more to come.”
Most recently, she served as Vice President of Marketing at Euna Solutions, where she led demand generation, communications, and brand strategy efforts that delivered significant gains in pipeline efficiency and bookings. In addition, Wright previously held leadership roles at Community Brands and Sabre.
Located in Cactus League country, the hotel is close to Major League Baseballs Spring Training facilities and the Old Town Scottsdale district, while Papago Park is 1.3 The 10-year development relationship will expand on Wyndhams extended-stay offering with upscale, residence-style accommodations in top U.S. miles away.
Our partnership with Concord Hospitality delivers thoughtfully designed accommodations that meet the evolving needs of extended-stay guests in this rapidly growing market. Additionally, the property is close to the University of Arizona Chandler and regional logistics and manufacturing hubs, including ITS Logistics and Iron Mountain.
These properties reflect our exceptional collaboration with Highside Companies and our shared dedication to providing high-quality extended stay accommodations.” ” In total, Choice Hotels has seven Everhome Suites open, over 20 under construction, nearly 30 expected to open by the end 2025, and over 65 in the pipeline.
Nearly six months on from the formation of Accommodation Australia – an amalgamation of the Accommodation Association and Tourism Accommodation Australia – CEO Michael Johnson spoke to HM’s Ruth Hogan about what has been achieved this year and what’s top of the agenda for 2024. I think it definitely has.
IHG’s Leanne Harwood led a panel discussion on culture Over the last six years, Harwood’s leadership has had a significant impact on the JAPAC region, overseeing the global launch for the Voco and Vignette Collection brands, and expanding IHG’s reach to include nearly 160 open or in pipeline hotels.
As the brand expands to destinations such as Bali, Penang, Sydney and Frankfurt, Ascott has evolved the brand to deliver a “multifaceted hospitality experience” with flexible typologies that range from co-living accommodation and city hotels to full-service resorts. “In
Located close to the Croisette, Staybridge Suites Cannes Centre offers an accommodation alternative, whether it is for leisure stays, family getaways, or business trips. Staybridge Suites Cannes Centre, represents the introduction of the all-suites hotel to the IHG Hotels & Resorts portfolio in France.
To start, the joint venture will manage two operating properties in Wuhan and one pipeline property in Shenzhen franchised under TULIP LODJ, totalling about 600 units, with plans underway to broaden the footprint of TULIP LODJ and launch Quest in China by providing opportunities for franchised partnerships.
Hyatt Hotels Corporation has revealed a record pipeline of approximately 138,000 rooms as of year-end 2024, alongside a strategic brand realignment designed to enhance owner returns and accelerate growth. and will lead efforts to expand Hyatts Lifestyle portfolio across the U.S.
This new Extended Stay America Suites location in Buffalo is an exciting opportunity to address the needs for extended-stay hotel accommodations, with ownership that has a true understanding of their market,” said Mark Williams, managing director, franchise development, Extended Stay America.
The property will offer all-suite accommodations with fully accessorized kitchens and modular furniture, as well as communal spaces and trademark Home2 Suites amenities such as Spin2 Cycle combined laundry and fitness area, Home2 MKT for grab-and-go items, the Inspired Table and a complimentary daily breakfast.
Located on the northwest coast of Hon Thom Island, this luxury resort expects to feature 305 rooms and suites, ranging from 50 to 250 square meters and includes family accommodations. These signings add to Marriott’s robust pipeline in Vietnam, accounting for more than 50 properties in the country.
Amidst a burgeoning hotel development pipeline in the U.S., At the close of Q4 2023, the total U.S. hotel construction pipeline reached its highest level for projects with 5,964 projects and 693,963 rooms. construction pipeline. In total, there are 11 extended-stay brands in the U.S.
A hotspot on a number of travel brands ‘it lists’, Greece is experiencing a much needed development resurgence, and with that has already unveiled some exciting new resorts – but there are plenty more in the pipeline still to open over the next few months.
Located on the northwest coast of Hon Thom Island, this luxury resort expects to feature 305 rooms and suites, ranging from 50 to 250 square meters and includes family accommodations. These signings add to Marriott’s robust pipeline in Vietnam, accounting for more than 50 properties in the country.
.” Growth areas The company expects to follow a tailored development approach in its expansion in the affordable midscale segment, recognizing differences by continent to accommodate regional customer and owner expectations. The company has another 225 luxury properties in the pipeline.
In the hotel’s first week, even without a heavy marketing campaign, occupancy was circa 60% with one night over the weekend hitting 80% occupancy due to compression on the CBD, thanks to the hotel’s close proximity, Hunt shared. Elsewhere in the Australia Pacific region, Marriott is experiencing strong growth. “I
Located six miles from downtown Abilene and nine miles from Abilene Regional Airport, the property is close to the Mall of Abilene, Taylor County Expo Center, Abilene Zoo and Frontier Texas. The four-story hotel is also close to Dyess Air Force Base, home of the B-1B Lancer, the C-130 J Hercules and soon to be B-21 Bomber test squadron.
The appointment coincides with a focus on luxury expansion for Marriott, particularly in the Asia Pacific, a region that accounts for a third of Marriott International’s luxury hotels and over half of Marriott’s global pipeline. Marriott International are masters of luxury.
“With our ideal location and upscale accommodations, we look forward to providing an unparalleled stay for business travelers, families and everyone visiting the Jersey Shore.” The hotel is close to attractions such as Monmouth Racetrack, Asbury Convention Hall & Stone Pony, PNC Arts Center and Two River Theatre.
The location of the new hotel is close to more than 20 colleges and universities; two hospitals; more than 70 parks and recreational spaces; more than 12 miles of beaches;14 golf courses and numerous other attractions.
In partnering with Locale, Presidio Bay, a commercial real estate investment and development firm, is bringing flexible accommodations to the Silicon Valley area. “Springline is a stunning community and a great fit within our growing portfolio of upscale, residential-style accommodations.”
As the extended-stay segment leader, working with companies like BEP Pueblo Hospitality, Integrated Hospitality Construction and Aimbridge Hospitality allows us to provide long-term accommodations and meet the increasing demand for extended stays in the Pueblo community.” Mary Corwin Medical Center and Park West Medical Center.
The property has been closed since the start of the pandemic in March 2020 and has been undergoing renovations for the past few years, according to its website. Later, the hotel will debut one-, two- and three-bedroom extended-stay accommodations with some including terraces. to full-floor specialty suites at 4,300 sq.
We’re optimistic that this latest establishment will raise the bar for quality accommodations. Located within The Landing, a 65-acre mixed-use development project, and adjacent to the Tucson Spectrum outdoor mall, the property is close to Tucson Airport and Downtown Tucson.
Two meeting rooms accommodate corporate events, while other amenities include an indoor pool, upgraded fitness center and complimentary daily buffet breakfast. The renovation revitalized every aspect of the hotels public areas and suites with modern, comfortable furnishings.
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