Hotel Business

FEBRUARY 23, 2024

Swinerton has been chosen as the general contractor for the construction of the Chambray Hotel, a five-story property in Roswell, GA. The post Swinerton to construct $30M hotel in Georgia appeared first on hotelbusiness.com. The Chambray Hotel will feature 125 rooms.

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Hotel Management

SEPTEMBER 20, 2023

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. The post Revival in hotel construction Australia-wide, Accommodation Australia reports appeared first on Hotel Management.

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Hotel Management

AUGUST 17, 2023

Construction of the long-awaited, AU$250 million Avani Hotel in Mooloolaba, Queensland is set to start in September in a major boost for tourism to the Sunshine Coast. KPAT Managing Director, Kenneth Wagner, said they were thrilled to be starting construction on the hotel in the coming weeks. “We This new 4.5-star

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Hotel News Resource

JUNE 20, 2023

HEI Hotels & Resorts today announced the company has named Catlin Ptak general manager and Mina Gagraj director of sales of the 110-room Hyatt Place Albany in New York. The under-construction hotel is expected to open August 31, 2023.

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Hospitality Net

DECEMBER 20, 2023

Having managed the model room process for hotel projects for over two decades, imagine my appreciation for a whole show dedicated to the process! The episode perfectly exemplifies why and how model rooms benefit hotel projects.

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Hotel Business

MARCH 9, 2023

construction loan for an EVEN Hotel by IHG. MidCap secured construction financing with a 36-month term and one 12-month extension option. Grace, managing partner, MidCap Hotel Loans, represented the borrower. construction loan for FL hotel appeared first on hotelbusiness.com. MidCap Hotel Loans has closed a $16.2

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Hotel Business

APRIL 27, 2023

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. construction pipeline at Q1.

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Hotel Management

APRIL 30, 2024

Located in Queensland’s north coast city of Townsville, the 190-room Hilton Garden Inn Townsville, which is slated for completion by early 2026, will operate under a management agreement with HHNQ Pty Ltd. The hotel will be modular constructed, which is a great way to reduce construction time and lower building costs.

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Hospitality Net

APRIL 16, 2024

From constructing towers to landscapes, Penn State students are building physical representations of business strategies and practicing creative problem-solving as part of the “Lego Learning Initiative for Hospitality Management Education.”

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Hospitality Construction Hospitality Management Business 188

Hotel Management

JULY 13, 2023

The post ‘Defining moment’: Brisbane Sky Deck completes construction of The Star Grand appeared first on Hotel Management.

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Lodging

OCTOBER 27, 2023

MCLEAN, Virginia, and KOKOMO, Indiana—Hilton announced the groundbreaking of the first Project H3 by Hilton hotel in Kokomo, Indiana, signifying the start of construction on its new studio apartment-style extended-stay hotel brand.

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Lodging

FEBRUARY 13, 2024

CHARLOTTE, North Carolina—Extended Stay America announced the groundbreaking of the first new construction Extended Stay America Select Suites prototype in Wildwood, Florida. The franchised property is being developed by Southern Hospitality. “As

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eHotelier

OCTOBER 12, 2023

David Duncan, president and CEO of First Hospitality, a national hotel management and development company, announces the appointment of Larry Costakis as vice president of construction and development. Costakis brings over 25 years of experience in construction to this leadership position.

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Hospitality Net

JANUARY 16, 2024

In an exclusive ground-breaking ceremony, Shamal Holding, a diversified investment firm which manages a unique portfolio of investments, assets and experiences, has inaugurated the start of construction for the highly anticipated Baccarat Hotel and Residences Dubai.

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Hotel Designs

NOVEMBER 27, 2023

“We are delighted to share the insight we have been able to elicit from many experts involved in commercial hotel construction projects through the launch of this white paper,” commented Jay Phillips, Managing Director, Hansgrohe UK & Ireland.

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Construction Hotels Operations Branding 52

Hotel Management

APRIL 11, 2024

25hours Sydney names General Manager Australia’s first 25hours hotel, which is scheduled to open in the first quarter of 2025, has appointed Silvia Kypriotis as its General Manager. Winner of the HM Australian General Manager of the Year award in 2021, Kypriotis is recognised as an empathetic and people-oriented leader. “I

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Hotel Business

MAY 18, 2023

Over the last 12 months, new hotel construction projects, announced renovations and brand conversions continued to grow, with renovation and conversion activity hitting record highs quarter-over-quarter (QOQ). Over the last year, new hotel construction projects, renovations and brand conversion announcements have increased significantly.

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Hotel Business

MAY 3, 2023

Palladius Capital Management , a vertically integrated real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, in joint-venture partnership with Marquee Funding Group , has originated a $11.5-million The 22,000 sq.-ft.

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Hotel Management

MAY 7, 2024

Last week, the panel granted a Deferred Commencement Consent, which will allow works to begin once there has been resolution of a noise management plan with Randwick City Council. The post Coogee Bay Hotel redevelopment gets green light after four years of negotiations appeared first on Hotel Management.

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Hotel Business

JUNE 23, 2023

JLL’s Capital Markets group has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-sq.-ft., The loan represents one of the country’s largest construction loans closed this year. mixed-use development minutes from Harvard University in Allston, MA.

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Construction Shopping Market Marketing 52

Hospitality Net

APRIL 2, 2024

From constructing towers to landscapes, Penn State students are building physical representations of business strategies and practicing creative problem-solving as part of the “Lego Learning Initiative for Hospitality Management Education.”

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Hospitality Construction Hospitality Management Business 130

Hotel Business

AUGUST 18, 2023

million ground-up construction loan for a Holiday Inn Express and Staybridge Suites dual-brand property in the central business district (CBD) of Houston. The property is being developed and managed by Houston-based Neway Hospitality. construction loan for Houston hotel appeared first on hotelbusiness.com.

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eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Do not shy away from revenue management.

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Revenue Management Revenue Management Overbooking 98

Hospitality Net

JULY 26, 2023

Earlier this week, the Global Hospitality Group® co-hosted a breakfast briefing in Los Angeles with CREDE, a leading real estate development and project management firm.

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Real Estate Construction Hospitality Management 188

Hotel Business

MARCH 15, 2023

Peachtree Hospitality Management (PHM) has entered into agreements with TEKMAK Development Company , a full-service hospitality development company, to provide third-party management services for a portion of its hotel portfolio. Today, the company manages 92 hotels across 28 brands with 11,186 rooms in 22 states. “I

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Hospitality Net

AUGUST 2, 2023

Today, leading hotel development, owner and management firm Hotel Equities ("HE") announced the grand opening of the SpringHill Suites by Marriott Kalamazoo Portage. The newly constructed hotel is owned by 850 TRADE CENTRE, LLC, and managed by Hotel Equities. located between the vibrant cities of Portage and Kalamazoo, MI.

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Hotel Management

APRIL 2, 2024

A partnership with prominent Canberra developer Tony Pan of TP Dynamics, will see the construction of a new-build hotel in the nation’s capital, slated to open in the first quarter of 2027. TP Dynamics has secured building approval and construction is already underway following a groundbreaking ceremony on Thursday March 28. “At

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Retail Dining Construction Hotels 276

Hotel Business

JANUARY 23, 2023

In the most recent Construction Pipeline Trend Report for the U.S. construction pipeline stood at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms year-over-year (YOY). In Q4, all stages of hotel construction in the U.S. construction pipeline at year-end ’22 appeared first on hotelbusiness.com.

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Hospitality Net

MAY 2, 2023

It was purchased in June 2021 by co-owners Steve Resch, of Resch Property Group and Resch Construction, and Chad Sprigler, of The Sprigler Company, both based in New Albany. With a total development budget of $29 million, renovation and new construction will begin in late Spring 2023.

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Construction Hotels Services Management 246

Hotel Business

AUGUST 2, 2023

Peachtree Hospitality Management (PHM) has assumed management of the 105-suite SpringHill Suites Dallas Rockwall in Texas. The assignment is part of PHM’s agreement with TEKMAK Development Company , a full-service hospitality development company, to provide third-party management services for a portion of its hotel portfolio.

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Management Market Share Hospitality Management Construction 96

Hospitality Net

APRIL 18, 2024

Whether you’re a startup looking to maximize travel budgets, a travel manager wanting to recognize employees, or a construction foreman needing a last-minute, multi-week group booking—managing your company’s travel needs is now easier than ever thanks to Wyndham and its newly expanded, free-to-join, Wyndham Business program.

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Business Travel Construction Management 100

Hotel Business

AUGUST 1, 2023

TPG Hotels & Resorts has been selected to manage The Blennerhassett Hotel, located in Parkersburg, WV. “We see tremendous revenue growth opportunities for this asset as we deploy our sophisticated management systems and marketing strategies to the hotel’s already rich history. .

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Resorts Management Hotels Construction 98

Hospitality Net

JULY 24, 2023

Officials of Strand Hospitality, a leading regional hotel management company, today announced the grand opening of the 98-room Fairfield Inn & Suites Coastal Carolina Conway in Conway, South Carolina. The hotel was developed by Southern Ventures and built by Dargan Construction Company out of Myrtle Beach, S.C.

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Hotel Management

DECEMBER 12, 2023

Holiday Inn Geelong General Manager, Daniel Payne, marvels at the 500-kilogram Lego creation Made up of 85,657 pieces of Lego and weighing in at 500 kilograms, the tree took 19 days – a total of 467 hours – to construct. IHG’s Holiday Inn and Suites Geelong is taking its festive decor to new heights with the unveiling of a 4.5-metre

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Hotel Business

MARCH 25, 2024

I could not be more impressed with their team’s knowledge on the development and construction.” The hotel will be the third HE-managed property in Kansas City. The post Hotel Equities selected to manage Kansas City AC Hotel appeared first on hotelbusiness.com.

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Hotel Management

FEBRUARY 29, 2024

We look forward to bringing our refreshingly local philosophy and extensive hotel management experience to the Fijian hospitality sector.” The post Exclusive: EVT takes Rydges to Fiji with new-build beachfront resort appeared first on Hotel Management.

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Resorts Accommodation Construction Tourism 264

Hotel Management

JUNE 27, 2023

Opportunities abound in hotel development across the Asia Pacific with many groups reporting strong interest in white-label management and franchising partnerships. 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.

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