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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.
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.
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.
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.
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.
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.
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 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.
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).
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.
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.
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?
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).
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 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.
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.
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.
“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.”
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.
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.
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.
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.
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.
Worldwide, at the close of the second quarter, there are 6,154 projects/1,108,498 rooms under construction, 3,679 projects/506,760 rooms scheduled to start within the next 12 months and 4,739 projects/694,980 rooms in the early-planning stage. Across the globe, the top countries by project count are the U.S.,
I very much look forward to working closely with the team to further enhance our bespoke hotel experiences and legendary service from the heart and hearts of Hong Kong.” Fiona Winger “She has an innate understanding of our guests’ needs and our brand.
California-based small-batch hospitality brand Casetta is known for reimagining historic spaces and turning them into modern boutique hotels that retain the buildings original charm. Hotel Business caught up with Sana Keefer , the companys head of brand, to discuss the firms design process and some of its recent projects.
LeBlanc’s responsibilities will include focusing on cross-marketing strategies, fostering business development and collaborating closely with the investment teams to drive innovation and capture new opportunities, according to the company. and strengthen relationships with premium-branded hotels such as Marriott, Hilton, Hyatt and IHG.
Recognizing potential when he sees it, said entrepreneur offers to invest in the business to help the young kid scale up his budding enterprise. A Modern Approach to Scale. The marketing firm suggests that to create buzz, they need t-shirts, wrist bands, and branded cups with the logo that also keep the lemonade cold.
US: Technology platform Way , which enables hotels to provide experiences through local partnerships, has closed $20 million in Series A funding at a valuation of $100 million. The platforms helps businesses to curate and offer experiences, local events, and brand activations. Way, headquartered in Texas, first launched in May 2020.
Have you ever wondered what draws you irresistibly to luxury brand logos? From opulent jewelry emblems to exclusive fashion labels, luxury brands have mastered the art of visually conveying their exclusivity and uniqueness. Luxury brand logos are the epitome of visual elegance and sophistication.
Today, the brand operates 866 units across cities from London to Edinburgh, each with a distinct identity. In addition, Roomzzz demonstrates its commitment to making a difference on a larger scale through its annual charity week. The human element in this company is so different from big brands. If we can help, we will.
” If you sell to large scale organizations with long sales cycles, The Challenger Customer is a must. 9) The Perfect Close — James Muir. Have you ever wondered if there were a way to close a deal with out being pushy and obnoxious? Many of you know my thoughts on closing. This book is your answer.
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