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Holiday Inn Sydney Airport recently rebranded to a Crowne Plaza under Trilogy management Tony Ryan: I was working in London prior to Covid selling branded management companies and was then approached by some third-party management companies looking to expand into Europe and the UK. Grant Alchin: I think it’s about alignment.
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 destinations globally in the coming years as the brand seeks to win favour with guests and owners 60 years on from its launch. “We It’s a powerful luxury brand. We have 51 brands in Accor portfolio.
hotel construction pipeline is being driven in large part by the introduction of more than 120 new brands since 2017 and focused development in two high-performing segments: the upper-midscale chain scale and extended-stay accommodations. The expansion of the U.S. 0025 or info@lodgingeconometrics.com. The post U.S.
Landmark WA hotel Hyatt Regency Perth is set to close its doors next month after 36 years in operation with its Singapore-based owner Tuan Sing Holdings Limited seeking to embark on a new hospitality direction. The completion of an integrated township, Opus Bay in Batam, Indonesia, will further add to the company’s hospitality arm.
Castle Peak Holdings , the investment firm behind the Trailborn hospitality brand, has closed on its second vehicle with total committed capital of $315 million raised over a four-month period. We’re tapping into this by building brands that unlock extraordinary adventures in iconic outdoor destinations.
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 destinations globally in the coming years as the brand seeks to win favour with guests and owners 60 years on from its launch. “We It’s a powerful luxury brand. We have 51 brands in Accor portfolio.
MIAMI, Florida—Driftwood Capital announced the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio, LP, focusing on the acquisition and development of existing and soon-to-break-ground hotel assets in Florida’s Space Coast.
At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. LE analysts report that the upper-midscale chain scale continues to have the largest project count in the U.S. This marks a new all-time high for projects in the U.S.,
will also receive the exclusive rights to develop new vacation ownership clubs and products under the Accor Vacation Club brand across Asia Pacific, Middle East, Africa and Turkey. as Accor joins the company’s portfolio of brand affiliations, including Wyndham, Margaritaville, and Sports Illustrated. Travel and Leisure Co.
TFE Hotels has signed a multi-property management agreement with New Zealand’s Heritage Hotels, which will see half of the Heritage portfolio refurbished and rebranded under the Adina and Rendezvous brands.
Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. Hilton CEO Chris Nassetta notes “We believe the addressable market for the Graduate brand is 400-500 hotels globally.”
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 seen in the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , at the close of 2025s first quarter, the region’s total pipeline stands at 1,683 projects/247,472 rooms.
The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. Lyf Ginza Tokyo Ascott Chief Growth Officer, Serena Lim, also revealed plans to launch the brand in the UK.
Driftwood Capital has revealed the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio LP, focusing on the acquisition and development of existing and soon-to-break-ground hotel assets along Florida’s Space Coast. Since 2013, Driftwood has had a meaningful presence in Florida’s Space Coast,” said Carlos J.
The existing product set of resorts and boutique island resorts, enables Fiji to welcome close to 1 million tourists annually, but there is opportunity right across the spectrum – from large-scale resorts to boutique luxury and business and conference hotels. Now is definitely the right time for investment in Fiji.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel construction pipeline remained stable at 3,779 projects/681,915 rooms at the close of the fourth quarter of 2024, showing minimal change year-over-year (YOY).
At the close of the first quarter, there are 872 projects/198,640 rooms under construction throughout the region, a 1% YOY increase in projects. Standout chain scale segments in the APEC region at the Q1 close include the upscale chain scale with a new record-high room total of 519 projects/103,815 rooms, up 9% by both projects and rooms YOY.
EVT-operated Hotel Telegraph in Singapore is preparing to relaunch as a QT Hotels and Resorts property this September, marking the brand’s first location outside Australia and New Zealand. On April 1, the Sunray Singapore-owned hotel closed its doors to commence an full-scale refurbishment project, after which it will reopen as QT Singapore.
A Hyatt affiliate has acquired the me and all hotels brand from Lindner Hotels AG (Lindner) to unlock growth in new European markets and build on Hyatt’s momentum in the region. The transaction closed on June 28. me and all hotels combine central locations, urban design, leading-edge technology and vibrant public spaces.
Evolving guest preferences continue to shape our strategy in each of our markets, and our clear and distinct brand architecture featuring 10 unique brands are designed to be relevant to both owners as well as our guests. What SEAP markets are a key focus for Radisson Hotel Group and why?
million in renovations across four of our Marriott-branded hotels. We are on track to announce the groundbreaking on a dual-branded Hilton family product in the coming weeks, as well as another dual-branded Hilton family hotel, a stand-alone Marriott-branded hotel and stand-alone Hilton-branded hotel in the second half of the year.
Yet, despite the scale, much of the market still relies on on-premises property management systems. For RMS , the entry point was the budget and mid-scale segment a space less dominated by global tech giants and more open to change. That means guests returning to the same hotel brand in a different city are treated like first-timers.
Projects in early planning also experienced significant growth at Q4 with a 19% increase by projects and 9% by rooms YOY, to close the quarter with 170 projects and a record-high 21,273 rooms. By chain scale, upper-midscale hotels dominate with 132 projects/14,039 rooms, representing 40% of the total projects and 32% of rooms in the pipeline.
The Q1 2025 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals that at the close of Q1, the hotel construction pipeline in the region increased to 634 projects/158,656 rooms, up 4% by projects and 10% by rooms year-over-year (YOY).
At the close of the first quarter, China has 2,752 projects/490,897 rooms under construction, 316 projects/55,287 rooms are scheduled to start construction anytime within the next 12 months, while 636 projects/124,001 rooms are in the early planning stage.
Strong financial leadership is foundational to the way we scale our operations while driving strong revenue and elevating the guest experience,” said Kyle Hughey, CEO, Charlestowne Hotels. Her expertise encompasses the financial integration of new brands, acquisitions and ownership transitions.
After 25 years of offering European-inspired retreats focused on wellness and relaxation, The Mirbeau Companies’ Mirbeau Inn & Spas brand is celebrating its anniversary with a major expansion: a new resort in Beacon, NY, scheduled to open in the winter of 2026. Dal Pos, general counsel, The Mirbeau Companies.
At the close of the second quarter, there are 1,171 projects comprising 147,611 rooms under construction, marking a 10% increase in projects and a 4% increase in rooms YOY. Sixty-four percent of the projects in the extended-stay pipeline are in the middle tier of brands. in 2025; and in 2026, the chain scales should have 3% and 2.6%
Its a strategic asset for hotels seeking to scale personalized service and optimize commercial performance. Asksuites AI Reservation Agent: Real Impact at Scale With over 5,000 hotels worldwide, Asksuites AI Reservation Agent is helping hotels open more conversations and close more reservations. billion by 2026.
At the Q4 close, projects currently under construction stand at 946 projects/210,559 rooms, up 5% by projects YOY. Projects in early planning reached a record count at Q4, closing the quarter at 640 projects/127,918 rooms, up 20% by projects and 14% by rooms YOY.
Specialist hotel operating company, Resident Hotels , announced it has signed a franchise agreement with Marriott International to convert its four Sleeperz Hotels to the Four Points Flex by Sheraton brand. The portfolio of midscale hotels is purposely located in the epicentre of their cities and close to mainline rail stations.
The event brought together thousands of owners, operators and industry partners for nearly 100 educational sessions, a trade show to connect owners with qualified vendors and brand sessions to hear from Choice leaders about recent performance success and where the company is investing to help drive revenue and lower costs.
a branded hospitality platform aiming to create modern and affordable lifestyle lodging across the U.S. The brand was established in 1871. markets in close proximity to natural experiences, including national parks, beaches, mountain and ski towns. appeared first on hotelbusiness.com.
At the close of the third quarter, there are 2,793 projects/505,106 rooms under construction in China, a cyclical peak, and up 5% by projects and rooms YOY. The upscale chain scale ended Q3 with 1,026 projects/224,688 rooms, up 14% by projects and 9% by rooms YOY.
“Rather than simply relying on an established hotel brand to ‘solve’ their development, developers are wanting more influence and say on the type of hotel they will deliver and ultimately put their name to; and that is where we come in.”
Lyf Schönbrunn Vienna, Amplifying brands like The Crest Collection, Unlimited Collection, Lyf and Citadines is a key focus for Ascott, with conversions set to play an important role in helping the business expand rapidly, according to Chief Growth Officer, Serena Lim. “In Japan is another case in point.
At the close of the third quarter, projects presently under construction stand at 320 projects/87,149 rooms. Seventy-two percent of its pipeline is concentrated in the three highest chainscales: luxury, upper-upscale and upscale, which typically boasts larger scale projects.
There has never been a better time to build a luxury brand than this. If you’re looking to build a luxury brand, understanding this market’s dynamic growth and potential is essential. Brands like Lamborghini, Gucci, and Rolls Royce exemplify the success achievable in this vibrant market. billion by 2032.
Nowadays, luxury brands face the unique challenge of maintaining exclusivity while expanding their reach to the discerning online shopper. Digital marketing for luxury brands encompasses a tailored set of strategic initiatives aimed at elevating the brand’s online presence and captivating discerning consumers.
continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. These two chain scales continue to dominate the pipeline and that is not expected to change anytime soon.
Less than a mile from Roanoke Blacksburg Regional Airport, these Marriott-branded hotels are close to the Roanoke Valley, the largest metropolitan area in the western region of Virginia. The buyer is a significant regional owner who plans to improve their economies of scale within the growing Roanoke MSA.
At the close of Q1 2023, the pipeline stands at 546 projects/90,139 rooms, down slightly 3% by projects and 2% by rooms year-over-year (YOY). Early planning is up 11% by projects and 15% by rooms YOY to stand at 160 projects/24,218 rooms at the close of the first quarter.
Additionally, SD-WAN enables centralized orchestration, so IT teams can manage networking policies across multiple properties from a single interface ideal for chains and franchises that need uniform performance at scale. Because in a world where the guest experience is increasingly digital, the network is the brand.
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