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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.
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.
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.
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.
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.
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.
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.
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”.
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.
The family-run hospitality group operates a range of hotels across Australia and Thailand. Our robust pipeline in Australia will see Hilton grow its portfolio by around a third in coming years, and Hilton’s footprint includes an upcoming luxury hotel in Sydney, and a recent opened lifestyle hotel in Melbourne, the spokesperson said.
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.
Separate to the hotel operations, the mixed-use development will also include nine luxury residences above the hotel on Levels 10 to 12. The post IHG signs 153-key Sunshine Coast property with Felix Capital appeared first on Hotel Management.
By consolidating operations in Canada and expanding Choice Hotels Canada’s owner success system from the current eight hotel brands to our full portfolio of 22 brands, we’re opening doors to remarkable opportunities for our franchisees and guests, while paving the way for accelerated growth across Canada.”
During her time at Accor, Couton has held several senior roles across loyalty, digital marketing, distribution and commercial B2B, most recently serving as Managing Director, Asia Pacific, at D-EDGE, a distribution, technology and digital marketing platform for the hotel industry. “I’m
from year-end 2023 At the end of the year, Marriott’s worldwide development pipeline totaled nearly 3,800 properties and more than 577,000 rooms The company returned more than $4.4 “The company signed a record number of new deals, and our industry-leading development pipeline reached more than 577,000 rooms at the end of the year.
There are currently five Voco hotels in operation in Australasia, with the highly anticipated Voco Gosford on the New South Wales Central Coast also set to open in late 2025. The broader IHG portfolio now includes 69 hotels in Australasia, with another 26 properties in its development pipeline.
It is a market we know exceptionally well, through our long-standing operation of two of the city’s highest-performing resorts,” Crawford said, pointing to the success of JW Marriott Gold Coast Resort and Spa and Sheraton Grand Mirage Resort, Gold Coast.
Matt Tripolone, IHG Hotels and Resorts Managing Director, Australasia Pacific, said: “This extended long-term agreement with Salter Brothers further strengthens our existing, highly successful relationship. The post IHG and Salter Brothers reposition portfolio appeared first on Hotel Management.
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.
We are excited about the momentum in our pipeline and the continued strong demand we’re seeing for our brands around the world.” Base management fees: increased 16%, driven by managed hotel RevPAR growth and the contribution of newly opened hotels. and Adjusted Diluted EPS was $0.46 and Adjusted Diluted EPS was $0.46
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 pipeline hotels (2,235 rooms). The post IHG brand portfolio climbs to 20 as modern lifestyle offering joins the fold appeared first on Hotel Management.
The company’s global pipeline exceeded 93,000 rooms as of June 30, including nearly 77,000 domestic rooms. Management expects the total Choice Hotels Canada business to generate approximately $18 million in EBITDA for full-year 2025. Choice Hotels International Inc., for the second quarter, reported net income of $81.7
This will follow a short transitional period during which the hotel will remain operational. The luxury hotel will feature signature dining, a bar, fitness studio and a Nordic wellness spa with a traditional Finnish sauna, blending timeless elegance, unforgettable experiences and culinary mastery for guests throughout their stay.
after adjusting for assets sold in 2024 Pipeline of executed management or franchise contracts was approximately 140,000 rooms, an increase of approximately 8%, compared to the second quarter of 2024 Second-quarter operational commentary Luxury chain scales drove RevPAR growth in the second quarter, while select-service hotels in the U.S.
Cloudbeds has formed a strategic partnership with Sabre Corporation to deliver a deeper integration between Cloudbeds PMS and Sabres SynXis Central Reservation System (CRS), offering hotels and accommodation providers a seamless solution for managing distribution, reservations and property operations.
Once operational, Holiday Inn Bengaluru Electronic City will feature 200 guest rooms and suites, three dining options, versatile meeting facilities across four venues including a ballroom, a fully equipped fitness centre, a swimming pool, and ample parking space, making it an ideal choice for both business and leisure travelers.
With ten Emblems hotels already signed, we are on track to reach our target of fifteen hotels in development by the end of 2025, effectively doubling our pipeline in just one year. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
Under Milky’s leadership, Radisson is scaling its Development and Feasibility teams, adding specialist analysts and project managers to enhance deal sourcing, underwriting, and technical support. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
Upon opening, voco Al Mouj Muscat will join the brand’s growing portfolio of more than 100 open hotels globally and a robust pipeline of more than 95 properties. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
It has been designed to operate entirely on renewable and solar energy. With a growing number of travelers seeking responsible travel options, we are delighted to open voco Zeal Exeter Science Park, said Joanna Kurowska, VP, managing director U.K. & said Brian McCarthy, managing director, Valor Hospitality.
And I was fortunate enough to get the job, and I was hotel manager of one for a period of time. And then I took over as regional general manager of both properties. And Ian invited me to move over to the US and to take over an operations role focusing on a lot of openings for what had then become Morgan’s hotel group.
With a global portfolio and an established presence across Mexico, the Caribbean and Latin America, Aimbridge’s new division, to be based in Miami, unites core disciplines—including operations, commercial strategy and guest experience—within a unified structure. We’re entering the All-Inclusive space with purpose and precision,” said Craig S.
The merger adds more than 30 properties to Pyramid’s European portfolio for a combined organization managing 48-plus hotels and 8,000-plus keys, with a pipeline of both existing and new-build hotels and resorts. Pyramid Global Hospitality has merged the company’s European division, Hamilton Pyramid Europe , with Axiom Hospitality.
These strategic hires come at a pivotal time as the company refines and enhances its technology solutions, including guestroom entertainment, managed Wi-Fi, and employee safety devices. Joining as SVP of Sales Operations, Dingee will oversee sales operations, partnerships, and customer success initiatives.
“The transformation of Vintners into Vinarosa represents the realization of a long-held vision for Ensemble in Sonoma County,” said Conrad Garner, managing director, Ensemble Investments. “We We have admired this region for years and saw in this property the ideal opportunity to apply our development and management expertise.
Oaks Melbourne Flemington Suites As we continue to expand our footprint in Australasia, the portfolio additions of Oaks Vue Suites Geelong, Oaks R Suites Geelong and Oaks Melbourne Flemington Suites marks a key milestone in our growth strategy, said Minor Hotels Chief Operating Officer, Craig Hooley.
San Diego, CA, February 25, 2025 Cloudbeds , the innovative leader in hospitality management technology , has today announced a strategic partnership with Sabre Hospitality, a leading global travel technology company. With the integration of Cloudbeds PMS and Sabres CRS, hoteliers can expect enhanced guest service delivery.
AvantStay , a hospitality management company and tech platform with more than 2,300 short-term vacation rental properties across 65 markets, has revealed its entrance into the hotel industry with the forthcoming opening of The Gilmore, an AvantStay Hotel, in Nashville.
From a single-property launch in Brandon, Manitoba, to a portfolio-wide implementation across Canada, the hotel companyâs loyalty to RoomKey reflects two decades of shared innovation, operational evolution, and an unwavering commitment to guest experience. RoomKey checked every box, and it still does today. âRoomKey makes that possible.
While plenty of projects remain in the pipeline, very few are actually moving forward. But many of those assets come with hidden risks: higher operating costs, deferred maintenance, brand fatigue and renovation requirements that can be both expensive and disruptive. New developments offer a cleaner slate.
InterContinental Manchester – Deansgate will further cement IHG’s position as the largest global hotel company in the UK and Ireland, where it currently operates 363* open hotels and has 33* in development. Receive daily leadership insights and stay ahead of the competition.
Far too often, hotels still operate in silos, where marketing, sales, and revenue teams dont always work together. Theres a tendency to rely on one-off discounts, flash sales, or online travel agencies (OTAs) to fill rooms quickly without building a sustainable demand pipeline. Focusing on short-term wins rather than long-term success.
Hotel owner, operator and developer Hotel Equities (HE) has entered into a strategic partnership with Arkansas-based Pinnacle Hotel Group. Pinnacles current hotel portfolio and its development pipelinewhich includes properties from Marriott, Hilton and IHGwill be integrated into Hotel Equities management platform effective May 1.
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