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
hotel industry maintains a steady development pipeline, though current activity reflects a more cautious approach amid near-term challenges. The current selective development environment suggests industry participants are making strategic decisions based on fundamental demand drivers, which will position new projects for success.
Minor Hotels is set to open almost 300 new hotels over the next three years as it ramps up expansion globally. The hotel owner-operator is on track to pass a milestone of 850 properties by the end of 2027, positioning it among the worlds largest hospitality groups.
Amora Hotels and Resorts has acquired Adelaides Hilton Hotel at 233 Victoria Square for an undisclosed sum. The sale marks the first time the hotel has changed hands in more than 30 years. The family-run hospitality group operates a range of hotels across Australia and Thailand.
In 2024, Accor expanded its portfolio with the opening of 293 hotels and resorts, adding a total of 50,000 rooms. As a result, its global network now comprises over 5,680 hotels and 850,000 rooms in operation, with an additional 1,381 properties and 233,000 rooms in the pipeline.
IHG Hotels and Resorts (IHG) has opened its 100 th Voco hotel since it emerged on the international hotel scene seven years ago with its first opening on Australia’s Gold Coast. In Australasia, there are now five Voco hotels opened, with another five in the pipeline.
In HM’s 2025 Australasian Development Outlook, Choice Hotels Asia-Pac Head of Investments and Portfolio Growth, Trent Conroy, reveals the key strategies for scalable growth in a challenging environment. Supporting this trend is the evolving landscape of hoteloperating models.
SHANGHAI, China—IHG Hotels & Resorts recently announced Holiday Inn Express has surpassed 500 hotels in operation and pipeline in Greater China, marking a milestone for the upper midscale brand.
Luminous Living, which will offer premium property management services for owners, aims to disrupt the high-end lifestyle hotels category by raising the bar with “elevated guest experiences, seamless service, designer amenities, and an all-inclusive offering”.
IHG Hotels and Resorts has signed an agreement with Odate Royal Hotel Inc, a wholly owned subsidiary of Fet System Inc., ANA Holiday Inn Iwate Kitakami currently operating as Hotel City Plaza Kitakami will undergo an extensive renovation and conversion over the coming months. hours on the Shinkansen.
IHG Hotels and Resorts Director of Development, Australasia and Pacific, Cameron Burke, described the signing as a landmark agreement that marks a significant milestone in the companys regional growth strategy. The broader IHG portfolio now includes 69 hotels in Australasia, with another 26 properties in its development pipeline.
Accor is investing in leadership within its luxury and lifestyle division, with the appointment of experienced hotelier and asset manager David Fraser as the Vice President Operations for Sofitel, Sofitel Legend, MGallery, and Emblems in the Pacific.
Marriott International has marked another year of strong growth in the Asia Pacific excluding China (APEC) region, signing a record 109 deals across 11 markets, contributing 21,439 rooms to the region’s development pipeline, closing the year with 77,532 total rooms in the region’s year-end pipeline.
Minor Hotels is expanding the Oaks Hotels, Resorts and Suites portfolio with the addition of three Victorian properties this month. Oaks Vue Suites Geelong and Oaks R Suites Geelong opened under the brand on March 3, with Oaks Melbourne Flemington Suites joining the hotel group earlier this month.
Vibe Hotel Melbourne Docklands has begun welcoming guests following its official opening on Monday April 8. The 273-room hotel, formerly Four Points by Sheraton, is owned by MA Financial Group and operated by TFE Hotels.
Marriott International’s Fiji-based Area General Manager and Vice President Pacific Islands, Neeraj Chadha, discusses hotel performance and future opportunities in market. Neeraj Chadha, Marriott International Tell us a bit about Marriott International’s Fiji portfolio to date and any pipeline properties.
Boutique fund manager Serene Capital has taken ownership of Adina Apartment Hotel Barrack Plaza at 138 Barrack Street in Perth’s CBD. On Wednesday January 31, the 100-key hotel became the 11 th asset in Serene’s flagship hotel fund, Serene Capital Hotel Fund 1, joining more than AU$850 million assets currently under Serene Capital management.
Sydney is set to welcome the arrival of two Crowne Plaza hotels over the next six months following a rebrand of existing properties at Sydney Airport and Macquarie Park. Expanding our collaboration [with IHG] by integrating our Sydney Airport and Macquarie Park hotels into the Crowne Plaza family is an exciting step,” said Huang.
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. Tang said Heritage Hotels will also benefit from TFE Hotels’ global distribution systems and centralised service model.
DALLAS, Texas—Coury Hospitality continues to grow its portfolio of boutique hotels with a pipeline of new openings and developments across the United States. “We We are honored that the industry’s leading owners and developers continue to choose Coury as their partner for designing, developing, and operating new lifestyle hotels.
Hilton is gearing up to launch new brands into the region including urban micro-hotel brand Motto by Hilton, Hilton Area Vice President and Head of Australasia, Paul Hutton, told a small group of media at a roundtable on Thursday. The hotel, owned by Andrew and Nicola Forrest, will have a strong First Nations art influence, Hutton revealed.
Over the past six months, the brand has added over 1,200 units from four new signings and one opening, taking the portfolio to 16 properties with over 2,700 units, both operational and in the pipeline, across 11 countries and 13 cities.
Griffin Hotel Management LLC , a hospitality company spanning multiple generations, has merged into Meyer Jabara Hotels (MJH). Griffin is transitioning 14 assets to the MJH umbrella, and when combined with other deals currently in the 2024 pipeline, the hotel ownership and management company will reach 50 hotels by Q1 2025.
As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market.
IHG Hotels & Resorts has reinforced its leading position in Luxury & Lifestyle hospitality in Australia by signing a major long-term agreement with Salter Brothers. A second hotel will also be developed on this site, to bring Hotel Indigo to Canberra.
Trilogy Hotels has secured management of three additional hotels in Sydney’s west, expanding its partnership with two prominent hotel owners. Novotel Sydney Parramatta, Mercure Sydney Parramatta and Leura Gardens Resort are the latest hotels to join Trilogy, taking its portfolio to 10.
Radisson Hotel Group, Chief Development Officer, APAC, Ramzy Fenianos, spoke exclusively to HM about the group’s SEAP strategy. How has Radisson Hotel Group performed in the SEAP region over the last 12 months? 2023 was a pivotal year for RHG where we expanded our relationship with key partners and operators.
TFE Hotels has announced the signing of a 148-key new-build Adina hotel in Brisbane’s fast-growing inner north of Chermside. Adina Chermside brings a renowned, international hotel brand to this important suburb, filling a gap in the accommodation market for the north side of Brisbane and the Prince Charles Hospital.
IHG’s neighbourhood-inspired boutique brand Hotel Indigo has made its Sydney debut with the opening of a 105-room Potts Point hotel this week. Hotel Indigo Sydney Potts Point opened on Thursday following Pro-invest Group’s multi-million-dollar refurbishment of the property.
Apartment hotels brand Quest is set for a major expansion in China under a 50:50 joint venture partnership between Ascott China and Jin Jiang Hotels signed this week. Ascott’s international expertise in the operation of serviced residences will drive the development of TULIP LODJ into a high-quality apartment hotel brand.
“The addition of these hotels across our luxury and lifestyle portfolio is a meaningful contribution to IHG’s growth in Italy, which is a key market for us,” commented Eric Viale, Managing Director, Southern Europe, IHG Hotels & Resorts.
Hotel owner, operator and developer Hotel Equities (HE) has entered into a strategic partnership with Arkansas-based Pinnacle Hotel Group. This partnership builds on an existing relationship, as HE already manages the recently opened AC Hotel by Marriott Kansas City Downtown, of which Pinnacle is an owner.
IHG Hotels and Resorts is set to introduce its Voco hotel brand to the Sunshine Coast under an agreement with Sydney-based developer Felix Capital, as the region gears up for the arrival of the 2032 Olympic and Paralympic Games. The Caloundra property is set to open in 2030.
InterContinental Hotels Group (IHG) has acquired premium urban lifestyle brand, Ruby, for 110.5 Established in 2013, the Ruby brand 20 th brand in the IHG portfolio currently operates 20 hotels (3,483 rooms) in major cities across Europe and has another 10 pipelinehotels (2,235 rooms).
Hotel Designs Breaking news IHG Hotels & Resorts acquires Ruby! Breaking news IHG Hotels & Resorts acquires Ruby! The pipelinehotels are set to open over the next three years across more European cities including Edinburgh, Marseille, Rome and Stockholm.
IHG Hotels & Resorts reported half-year results ending June 30, 2024. Highlights include company performance with operating profit from reportable segments (+12 percent) and Adjusted EPS (+12 percent); record signings; on track to return over $1 billion to shareholders; and positivity in long-term growth drivers.
Marriott International is sharpening its focus on luxury with the appointment of Krister Svensson as Multi Property Vice President, Luxury Hotels Australia and General Manager at W Melbourne. How is the luxury hotel market evolving in Australia? Marriott has been in the luxury and lifestyle hotel market for a long time.
In HM ’ s 2024-2025 Hotel Development Outlook, JLL Hotels and Hospitality Executive Vice President Strategic Advisory, Ross Beardsell, discusses a changing landscape with a slowdown in new projects and further acquisitions on the cards. Effective hotel asset management has never been more crucial.
The Ritz-Carlton, Melbourne names new GM The Ritz-Carlton, Melbourne has welcomed seasoned hotelier Rachael Harman as the hotel’s new General Manager. Harman brings over 20 years of industry experience to the role, having worked in senior management roles across luxury hotel brands in Malaysia, Singapore, New Zealand and Australia. “We
Plans for a 130-room Holiday Inn and Suites in Adelaide have been upgraded with the hotel now set to operate as a 155-room Crowne Plaza when it opens its doors in the second half of 2024. Bruno Muscatello, Director of property developer, One7, said, the hotel will elevate the local business and leisure landscape.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced the opening of its first dual-branded avid hotels and Candlewood Suites property in North Platte, Neb., following the prototype’s launch in 2021.
Popular IHG leader Leanne Harwood is set to depart Australia in the coming weeks to take up a new opportunity to lead IHG Hotels and Resorts’ Luxury and Lifestyle portfolio in the Americas. From operations, commercial, and sales to food and beverage, her depth and breadth of experience is very well suited for this role.
Gurner Group hires former Crown Hotels CEO Gurner Group has appointed former Crown Sydney and Crown Hotels Chief Executive Officer, Peter Crinis, as Group Chief Operating Officer of Hospitality the latest of five major hires within the group from a stable of ex-Crown Resorts employees.
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