This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Construction is underway on DCF Property Group’s $180 million First Light development in Melbourne’s Domain Precinct, which will be home to branded residences and the first Nu By Yoo hotel in Australia. Managed by La Vie Hotels and Resorts, the 97-key hotel will feature luxury accommodation and a signature food and beverage partner. “At
The 32-room Peppers hotel will operate under a dual-branded accommodation offering with the adjoining 60-room Mantra Gladstone, located at the home of the sports club. The expanded accommodation offering can now welcome over 150 guests, and has the facilities to host small to large-scale meetings, expos and weddings.
Australia’s hotel industry has welcomed 20,000 new rooms and more than 200 hotels since the end of 2020, signalling a revival in construction in the wake of the pandemic. We’ve had 206 hotels open across Australia in the last three years,” said Accommodation Australia CEO Michael Johnson. “In
The 241-room hotel, which is currently the only hotel in Australia to hold the certification, is using offsets to achieve carbon neutrality and working towards wider operational reductions. Like all hotels in our network, Team Quincy is committed to internal benchmarking and the continuous evaluation of business operations, Sedgwick said.
Marriott International has signed a deal to acquire lifestyle accommodation brand CitizenM for US$355 million. There are currently three CitizenM hotels under-construction hotels, totalling over 600 rooms, that are anticipated to open by mid-2026. We will continue to own our real estate and operate all our hotels.
The future Rydges Wailoaloa will be developed by owners Hari Punja and Sons Limited on the beach front at Wailoaloa Beach, with Chairman, Hari Punja, saying it is a welcome boost economic boost for Fiji’s construction and tourism industries amid an accommodation shortage in the country.
The Ascott Limited has formed a long-term partnership with SG Enable, the focal agency for disability and inclusion in Singapore, to raise the standard of accessible accommodation in the hospitality industry. The post Ascott teams up with disability agency to elevate accessible accommodation appeared first on Hotel Management.
The Ascott Limited has formed a long-term partnership with SG Enable, the focal agency for disability and inclusion in Singapore, to raise the standard of accessible accommodation in the hospitality industry. The post Ascott partners with SG Enable to raise the standard of accessible accommodation appeared first on Hotel Management.
DCOH, formerly the Halikos Group, is a family-run business and one of the region’s largest privately-owned construction, real estate and hospitality providers. Its expertise extends to hotel accommodation with vibrant food and beverage outlets and gaming venues.
Persistent interest rate hikes have a knock-on effect on the construction of new hotels as cost of debt for hotel developers and would-be buyers has increased significantly. Alongside this trend is also the emergence of white label management operators that we continue to engage with.
With supply having increased enough to accommodate future demand growth and dramatic rises in construction costs, many other mooted projects will be challenged to stack up. Owners and operators will need to adopt a defensive approach to asset management, maintaining a laser focus on their operating structures.
IHG Hotels and Resorts is set to bring its premium accommodation brand Crowne Plaza to the Victorian city of Geelong, through a partnership with Plenary Group. The announcement comes ahead of the September opening of a 180-room Holiday Inn and Suites Geelong, which puts IHG on track to be the largest global hotel operator in the area.
The 30-key property, which is scheduled to open in September, is owned by Elphinstone Group, a privately-run, family business based in Burnie, and has been built by Tasmania-born construction group Fairbrother 1834 Hotels will manage the hotel, bringing experience in managing boutique and independent hotels across Australia.
“With a high reputation for quality service and unrivalled hospitality across its F&B spaces my initial goal is to further raise these high standards already synonymous with Hilton Sydney, while exploring avenues for further improvement in what is an increasingly competitive market for accommodation in the CBD.”
Almost a year on from the opening of its first Australian property in Melbourne’s trendy inner-city suburb of Collingwood, and with another under construction in Bondi Junction, the brand is exploring further opportunities for growth – in dynamic metropolitan neighbourhoods.
To accommodate demand, cities like Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, Miami, New Orleans, New York City, Orlando and San Diego have an abundance of new hotel construction, renovation and brand conversion activity underway. Through Q3 2023, New York also has the most new construction starts of any market in the U.S.
The conference presented a deep dive into the world of hotel design and construction, from humble lead-free tap fittings to the ground-up construction of state-of-the-art environmentally efficient buildings. Recent spiralling construction costs and the management of consultants also provoked reactions from our panel.
Real estate experts from Savills have highlighted opportunity for property developers and accommodationoperators in Christchurch as visitation and population growth rise. We are focusing on a range of strategic hotel developments in the central city,” said Savills’ Director of Commercial Sales and Hotels in Christchurch, Norman Engel.
The AU$95 million Black Rock Motor Park at Wakefield will include a 5.25km driving circuit, designed by global F1 track design leader, Tilke Group, luxury accommodation, a function centre, cafe and go-kart track. The park is expected to be operational within two years, with construction finalised about 12 months later.
What is hotel construction? Hotel construction refers to the process of designing, planning, financing , and building new hotel properties, or significantly renovating existing ones. Table of contents Why does hotel construction cost so much? Construction projects are notoriously prone to overruns.
The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands.
“As one of the nation’s largest hotel operators, Atrium Hospitality is committed to being a responsible community partner as we offer exceptional guest experiences,” said Mangiarelli. I appreciate that Atrium strategically invests in talent and innovation to work smarter in conserving our planet’s natural resources,” said Panzer.
Developed and owned by HRI Hospitality and operated by HRI’s operating company, HRI Lodging, the property is half a block from Broadway. HRI Hospitality and Hilton have opened the 306-room Tempo by Hilton Nashville Downtown, the second property nationally to open from Hilton’s new contemporary lifestyle brand.
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. We will continue to own our real estate and operate all our hotels.
A generation of talented leaders are rising through the ranks of the accommodation industry and striving for better outcomes for employees and guests. I started in hotel operations and whilst working in London, I soon realised a desire to move into hotel investment and development.
The hotel, which was constructed in 2021, will be rebranded as Rydges Ringwood, marking EVT’s sixth hotel in the Melbourne area. “We This management contract aligns with our strategy to enhance the Rydges brand presence and reinforces our commitment to offering quality accommodation to our guests.”
Chartwell is the hotel operator and FirstBank provided construction financing. Crain Construction Inc. served as the project’s construction manager. They are a leading developer and operator that gets it done right at every level—not to mention high-quality and high-integrity people.
A must-attend event for hotel designers, architects, owners, and operators, Design Inn will delve into the future of hotel design and examine critical components of hospitality design, from lighting to energy efficiency. View the full program here.
The brand’s current pipeline includes three under-construction hotels totaling more than 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriott’s global regions over the next decade. We will continue to own our real estate and operate all our hotels.
LEGIT (Lodging Emissions & Guest-night Impact Tracker), a new tool developed by the tech-powered hospitality operator and Furthr , a top tier environmental consultancy, gives guests complete environmental impact metrics for each of its room-types in every property.
Owners are responding to the growing need for properties that cater to both business and leisure travellers to accommodate the popular “Bleisure” trend. The corporate and MICE hotel sectors are evolving rapidly, driven by shifting market demands and emerging trends.
MMI Hotel Group (MMI) has been selected to operate Fontana Village Resort & Marina in Fontana Dam, NC. “The resort offers tremendous activities, amenities and accommodations for adventure lovers of all ages.” The post MMI Hotel Group to operate Fontana Village Resort & Marina appeared first on hotelbusiness.com.
This has created significant pressure on owners of B and C grade office buildings in most states and territories, who are struggling to compete against newly constructed A-grade office buildings with modern facilities and tenant amenities. “As
“With the revitalisation of industrial areas and the transformation of the suburb into a desirable residential and commercial hub, there’s clearly a growing demand for accommodation options in the area.” Veriu Collingwood brings the total number of hotels in Veriu Group’s rapidly expanding portfolio to 20.
Over 120 key industry and media stakeholders were in attendance for the official ribbon cutting and launch event led by Melbourne Airport CEO Lorie Argus, Accor Pacific Chief Operating Officer, Adrian Williams and Visit Victoria CEO Brendan McClement, with guests invited to explore the hotel’s expansive accommodation and facilities on offer.
Under ALTIDO’s management, Westminster Fire Station will provide accommodation for days, weeks or months with a concierge service on hand. The rent-to-rent agreement represents ALTIDO and DoveVivo’s most substantial property acquisition to date.
Our Hilton Garden Inn brand offers an attractive accommodation option that checks all these boxes. That said, we have an ambition to double our Hilton Garden Inn footprint across Australasia over the next five years, with six projects already in planning or under construction in Australia and Fiji.
Construction costs continue to rise, making it increasingly difficult to secure new builds in the short-term. This poses a hurdle for meeting growing demand for accommodation and amenities. Nick Thompson, JLL New Zealand While the return of tourism is promising, there are challenges the industry must confront.
These factors combined with limited land availability, labour shortages and rising material expenses have increased construction costs especially across major tourist hubs in New South Wales and Victoria. The regional workers’ accommodation fund is witnessing high demand and oversubscription.
Hyatt Hotels Corporation marked the grand opening of its first-ever Hyatt Studios hotel, Hyatt Studios Mobile / Tillmans Corner in Mobile, AL, by welcoming local officials, Hyatt leaders, hotel owners and operators, customers and community members.
Choice Hotels now has 14 Everhome Suites open, 19 under construction and more than 60 in the pipeline. ” The newly opened and under-construction hotels were developed with longtime collaborators of Choice Hotels, Highside Companies. The brand is on track to have nearly 25 hotels open by the end of the year.
Oaks Wellington Hotel is one of our full-service hotels and I was fortunate to manage the building during the construction and launch phase in September 2019. Under the Avani brand, we have upscale Serviced Apartment accommodation in Auckland, Avani Auckland Metropolis Residences, located in the iconic Metropolis building.
Business travel spending recovery also continues to differ based on industry, with construction, education, and professional, scientific and technical activities showing the most resiliency,” she said. However, China is expected to recover back to being the number business travel market in the world by the end of 2023.
As debt and construction costs continue to prove challenging, we are finding that midscale and economy brands are quite appealing to investors as they require easier financing. The operating model for extended stay is often more cost efficient, with properties requiring less changeover and lower demand on housekeeping.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content