Remove Management Remove Operations Remove Pipeline
article thumbnail

Exclusive: quick, cost-saving strategies drive momentum for Choice

Hotel Management

Trent Conroy, Choice Hotels The Australasian greenfield development market continues to witness feasibility challenges, with elevated construction costs, inflation, and tighter lending conditions dampening new supply pipelines. Supporting this trend is the evolving landscape of hotel operating models.

ROI
article thumbnail

Minor Hotels to open close to 300 hotels in three years

Hotel Management

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. Minor Hotels currently has more than 560 properties and 81,000 keys in operation worldwide, with 50% of the portfolio concentrated in Europe.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Marriott reports record-high pipeline at end of Q2

Hotel Business

We signed nearly 32,000 rooms, more than 70% of which were in international markets, and our quarter-end pipeline stood at a record of more than 590,000 rooms. Incentive management fees totaled $200 million in the quarter, compared to $195 million in the 2024 second quarter, driven by strong international hotel results.

article thumbnail

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.

article thumbnail

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.

article thumbnail

David Fraser returns to Accor with ambitious goals to supercharge MGallery growth

Hotel Management

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.

article thumbnail

IHG accelerates Japan growth with ANA Holiday Inn Iwate Kitakami signing

Hotel Management

ANA Holiday Inn Iwate Kitakami currently operating as Hotel City Plaza Kitakami will undergo an extensive renovation and conversion over the coming months. ANA Holiday Inn Iwate Kitakami will join a strong portfolio of 12 Holiday Inn open and pipeline hotels across Japan, further solidifying the brands presence in the country.