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reported a record development pipeline in its second quarter 2025 results, as well as a.5% On the development side, we achieved the largest pipeline in our history, and we remain confident in our ability to deliver net unit growth between 6% and 7% for the next several years.” Management and franchise fee revenues increased 7.9%
“As these new services mature and inbound visitation continues to recover, the uplift in demand is expected to increase occupancy and RevPAR levels across key markets as Australia’s hotel development pipeline enters a sustained period of limited supply, driven by escalating construction costs and productivity constraints.”
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.
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.
of companies achieved a score indicating maturity in data management practices in the space.". Those implementing a B2B sales and marketing intelligence solution reported that they have realized 35% more leads in their pipeline and 45% higher-quality leads leading to higher revenue and growth. Forrester found “only 1.2%
With major events, premium hotel openings, and infrastructure projects in the pipeline, the outlook for the Australian Hotel sector remains positive. On the supply front, a total of 1,800 rooms were added to the market with delays and pipeline shifts pushing some planned hotel openings to 2025.
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.
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.
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. The post Exclusive: quick, cost-saving strategies drive momentum for Choice appeared first on Hotel Management.
This eBook highlights best practices for developing a pipelinemanagement process that helps sales leaders and their team C.L.O.S.E you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.
This is Hospitality America’s second managed hotel in Arkansas, its sixteenth Hilton hotel, and one of 14 properties developed by Windsor Aughtry, with four more in the pipeline. The newly constructed 168-room property is located in the Pinnacle Hills neighborhood.
This accelerated pipeline reflects the dedication and hard work of our exceptional teams worldwide, strengthening our networks consistency, redefining our brand identity, and elevating our brand promise. 2024 has been a milestone year for our brands, marking unprecedented development momentum, said Bailly.
We are exceptionally excited to bring our iconic InterContinental brand to the Barossa and would like to thank the Strategic Alliance team for partnering with us to invest in the future of South Australian tourism, said IHG Hotels and Resorts Managing Director, Australasia and Pacific, Matt Tripolone.
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.
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From coaching and messaging to prospecting and pipeline accountability, artificial intelligence is giving managers and SDRs the new tools they need to work smarter, sell better, and close more. The most forward-thinking sales organizations are using AI to enhance human performance rather than eliminate it.
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. Additionally, it will become part of Holiday Inns global footprint, which includes 1,249 open hotels and 266 pipeline properties worldwide.
Thats where niche CRMs (Customer Relationship Management Systems) are stepping in and changing the game. It helps teams track inquiries, automate lead communication, manage bookings, and stay organized, without relying on five different platforms. The fit is the feature.
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.
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. Im also eager to explore opportunities to bring the prestigious Emblems brand to the Pacific.
Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. We are thrilled to welcome Dean to the team, said BWH Hotels Australasia Managing Director, Rod Munro.
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. Hilton said Adelaide continues to be an important market for the business.
With a development pipeline of nearly half a million rooms, we are confident that we are well positioned to deliver net unit growth between 6% and 7% in 2025.” Management and franchise fee revenues increased 4.8% Management and franchise fee revenues increased 9.1% 31, 2024, representing growth of 8% from Dec.
Since its global launch in the Gold Coast in 2018, Voco has quickly become the fastest-growing brand within IHG Hotels and Resorts’ Premium collection, with a presence in 18 countries, and five now in the pipeline for Australia, including Voco Gosford, which is set to open in 2025.
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.
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”.
The brand’s pipeline in China has expanded 25% year-over-year through the end of the first quarter. The post Wyndham economy brand gains pace in China appeared first on Hotel Management. Wyndham’s direct franchise business growth has generated strong returns, doubling FeePAR since 2018. “As
Building on his experience in hotel development and acquisitions, Fish will support in efforts to secure third-party management agreements and maintain a pipeline of new business.
She later brought her expertise to Hiltons supply management, leading strategic initiatives that enhanced brand engagement, responsible sourcing, and marketing efforts. Over 40 per cent of the pipeline is in international destinations, and upcoming debuts are planned for Trkiye; Northern Ireland, United Kingdom; and Umbria, Italy.
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.
Hiltons continued growth in Mexico builds on its momentum in the Caribbean and Latin America region, where the company has more than 270 open hotels and a robust pipeline of 135 hotels. The post Conrad set to debut in Los Cabos, Mexico in 2027 with all-new beachfront project appeared first on Hotel Management.
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
The AC Hotels brand portfolio currently includes 235 open properties globally with over 170 in the pipeline. The post Gold Coast hotel to open under Marriott’s AC lifestyle brand in 2026 appeared first on Hotel Management.
The broader IHG portfolio now includes 69 hotels in Australasia, with another 26 properties in its development pipeline. The post IHG signs 87-key Darwin hotel with JH Group appeared first on Hotel Management.
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.
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
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.
Waldorf Astoria Helsinki joins the brand’s global portfolio of 67 hotels trading and pipeline, including the recently opened Waldorf Astoria Osaka and Waldorf Astoria Costa Rica Punta Cacique followed by the upcoming opening of Waldorf Astoria Rabat Salé.
The latest signings add over 560 rooms to Hiltons South East Asia portfolio, joining a pipeline of 28 mid-market openings in the coming years. The post AHICE South East Asia: three Hilton Garden Inn hotels signed in Indonesia, Vietnam and Malaysia appeared first on Hotel Management.
IHGs six Luxury & Lifestyle brands represent 20 percent of its overall global pipeline, nearly double what it was just five years ago, and span more than 900 open and pipeline hotels, with over 260 of those in the Americas. ATLANTAIHG Hotels & Resorts (IHG) built momentum across its Luxury & Lifestyle portfolio.
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
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.
“Florida has long been a cornerstone for leisure travel and surpassing 500 hotels across the state marks a pivotal moment in Hilton’s journey here,” said John Koshivos, VP/managing director, development, Southeast U.S.,
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. Receive daily leadership insights and stay ahead of the competition.
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