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IHG’s fast-growing Voco brand hits 100 openings in seven years

Hotel Management

Now the fastest growing brand within IHG’s Premium collection, Voco has experienced record development activity with properties in over 25 countries and a further 95 properties in the pipeline, with market entries in Türkiye, Malaysia and Jamaica expected over the next two years.

Branding 130
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Marriott International marks another year of record growth in Asia Pacific

Hotel Management

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.

Pipeline 162
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Exclusive: hotel market expansion to peak in next 12 months, says CBRE

Hotel Management

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. Melbourne is the primary recipient of new room supply (35% of total).

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Minor Hotels to open close to 300 hotels in three years

Hotel Management

With a new focus on global market diversification, the three-year pipeline over 285 new hotels and almost 47,000 keys will see the addition of more than 100 properties in Asia, more than 60 in the Middle East and Africa, and 40 in Australia and New Zealand.

Closing 130
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Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

Fact: Only 8% of sales and marketing professionals say their data is between 91% - 100% accurate. In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. of companies achieved a score indicating maturity in data management practices in the space.".

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Major milestone: Hilton’s luxury and lifestyle brands reach 1000th hotel globally

Hotel Management

With almost 500 luxury and lifestyle hotels in the pipeline, including the latest announcement for NoMad Detroit revealed at this week’s (June 2) NYU International Hotel Investment Forum, Hilton continues to demonstrate the momentum and opportunity for its brands in this segment of the market.

Branding 147
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Amora Hotels and Resorts acquires five-star Adelaide hotel

Hotel Management

Transactions of this nature are not uncommon in our industry, and reflect a buoyant and dynamic market, driven by strong investor confidence. Hilton said Adelaide continues to be an important market for the business. The post Amora Hotels and Resorts acquires five-star Adelaide hotel appeared first on Hotel Management.

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