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Ladun Investment signs partnership agreement with Cheval Collection for the construction and operation of Ladun Cheval Living

Hospitality Net

Ladun Investment Company signed a partnership agreement with award-winning hospitality group, Cheval Collection featuring numerous contracts for the construction and operation of Cheval Ladun Living - a tower featuring luxury hotel apartments situated on King Fahd Road (near King Abdullah Financial Center) in Riyadh.

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OTO Development Promotes Dennis Mitchell to VP of Development & Construction

Lodging

SPARTANBURG, South Carolina—Dennis Mitchell has been promoted to vice president of development and construction for OTO Development. OTO Development, part of The Johnson Group, is a private hospitality company that develops, owns, and operates upscale select-service hotels throughout the continental United States.

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Sonder to manage and operate New York City Property

Hospitality Net

(NASDAQ: SOND; "Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has partnered with Kalimian Equities to manage and operate the newly constructed property at 139 Orchard as The Merchant.

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Revival in hotel construction Australia-wide, Accommodation Australia reports

Hotel Management

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. Hotel operators across the country – but particularly in our gateway cities – are seeing occupancies re-building to pre-pandemic levels. “We

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Construction set to begin on Mooloolaba’s new $250 million Avani hotel

Hotel Management

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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Hilton Breaks Ground on First Project H3 Hotel

Lodging

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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AHICE 2024: Hilton to open its first modular hotel in Australia, signing a 190-room Townsville property

Hotel Management

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.