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U.S. hotel construction pipeline hits 749K rooms at Q1 2025 close

Hotel Business

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.

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‘Crown jewel for South Australia’: IHG signs luxury resort in the heart of Barossa Valley

Hotel Management

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.

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IHG signs 153-key Sunshine Coast property with Felix Capital

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

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Marriott International announces acquisition of citizenM brand

Hotel Designs

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.

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Marriott to acquire citizenM brand for $355M

Hotel Business

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.

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Punthill plants a flag in Melbourne’s ‘next Southern Cross’

Hotel Management

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.

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‘Promising opportunities’: Ascott Australia MD David Mansfield’s New Zealand outlook

Hotel Management

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.

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