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CHICAGO—Hyatt Hotels Corporation continued the expansion of luxury and lifestyle hotels with a development pipeline of more than 20 recent and planned openings across the United States, Canada, Mexico, Latin America, and the Caribbean through 2025. This planned growth will expand Hyatt’s brand footprint in several new regional markets.
Amora Hotels and Resorts has acquired Adelaides Hilton Hotel at 233 Victoria Square for an undisclosed sum. We are delighted to welcome the iconic Hilton Adelaide into the Amora Hotels and Resorts portfolio, marking a significant milestone in our expansion strategy, Amora Hotels and Resorts Owner, Earp Siriphatrawan.
LONDON—IHG Hotels & Resorts (IHG) celebrated the milestone of 100 open hotels for its voco brand within seven years. In 2023, voco had 100 open and pipeline hotels, and […] The post IHG’s voco hotels Reaches 100 Open Hotels appeared first on LODGING Magazine.
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.
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.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8 percent increase.
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.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline.
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.
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.
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.
Australia has always been a key market for our Sofitel and MGallery brands, home to several flagship properties such as Sofitel Darling Harbour and MGallery Manly Pacific, winner of the Prix de Versailles, said Bailly.
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.
Bagley brings nearly 20 years of experience in the tourism and hospitality industry, spanning business development, product development, and B2B marketing. At Kelsian Group, he played a key role in tourism product development understanding customer needs and developing market-driven products. Sheikh Khalifa Bin Zayed Al Nahyan.
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.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2024. We awarded 33 percent more hotel contracts domestically which grew our development pipeline […] The post Wyndham Hotels & Resorts Reports Q2 2024 Results appeared first on LODGING Magazine.
Park Hotels & Resorts Inc. Despite a challenging transaction market, I am very pleased with the progress weve made toward achieving our strategic objective of disposing $300 million to $400 million of non-core hotel assets in 2025, said Thomas J. chairman/CEO, Park Hotels & Resorts. Baltimore Jr.,
Radisson Hotel Group has established a strong market position in South East Asia and Pacific particularly in emerging cities and markets. What SEAP markets are a key focus for Radisson Hotel Group and why? We’ve also added local language capabilities and local management offices to better serve our owners in each market.
La Vie hires ex Spicers Retreats GM to drive boutique La Vie Hotels and Resorts has appointed experienced boutique hotel manager, Sam Giles, as General Manager at 202 Elizabeth. The opportunity to join the exceptional team at Rydges Resort Hunter Valley and oversee the region is a dream job.
Delfins Beach Resort Bonaire, Tapestry Collection by Hilton introduced Hiltons first hotel on the island, encouraging local exploration of Bonaires world-class diving and rich heritage. The pipeline continues into Q3 with La Rosetta Hotel Perugia, Tapestry Collection by Hilton.
IHG Hotels and Resorts is set to introduce a second Holiday Inn and Suites to Australasia in the coming years following the signing of a Sunshine Coast hotel with Felix Capital. The new-build hotel, which is set to open in early 2028, will form part of a mixed-use development in Caloundra.
Wyndham Hotels & Resorts reported its second quarter results, including growing its development pipeline by 7% and system size by 4% in the period. Development pipeline grew 1% sequentially and 7% year-over-year to a record 245,000 rooms. Awarded 180 development contracts globally, including 96 contracts in the U.S.,
“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.
Wyndham Hotels & Resorts , for the first quarter ended March 31, reported that global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to the first quarter of 2023. The company’s development pipeline consists of nearly 2,000 hotels and approximately 243,000 rooms, an all-time record for the latter.
Her first role was at the Sheraton Grand Sydney Hyde Park, and she went on to build a career in Sales and Marketing in Melbourne and New Zealand. Rosier began his hotel career in the Middle East where he held key commercial positions including Director of Sales at Sheraton Abu Dhabi Hotel and Resort, and Complex Director of Sales at The St.
Kypriotis brings over 20 years of hotel industry experience, having started her career with Stamford Hotels and Resorts and worked across various managerial positions within hotel operations at Accor. In 2023, she led the successful MICE repositioning across Marriott International Fiji resorts that is currently being implemented.
Luxury hospitality company Four Seasons is gearing up for growth globally with a development pipeline of more than 50 hotels and resorts coming to fruition in 2024 and beyond, including its first property in Melbourne.
In Sternlichts time as Chairman & CEO leading Starwood Hotels & Resorts, it became the largest hotel company in the world measured by EBITDA and built legendary brands that outperformed globally and still enjoy wide success today. Image credit: SH Hotels & Resorts Sternlicht also created W Hotels, grew St.
Hyatt Hotels Corporation has revealed that its pipeline has grown by nearly 85% since 2017, reaching a record 129,000 rooms. The company said it has doubled its luxury rooms, tripled its resort rooms and quintupled its lifestyle rooms since 2017.
Six Senses, part of IHG Hotels & Resorts Luxury & Lifestyle portfolio, has signed a hotel management agreement with VIC Properties that will be brought to life in accordance with strict aesthetic and sustainability guidelines. The four three garden villas and presidential villa bring the total number of hotel accommodations to 70.
The hotel will also expand IHG’s luxury and lifestyle portfolio in the market, adding to its existing 27* open hotels, including its existing four InterContinental properties – InterContinental London – The O2, InterContinental London Park Lane, InterContinental Edinburgh The George and InterContinental Dublin.
IHG’s luxury and lifestyle portfolio InterContinental Hotels and Resorts has unveiled a global brand evolution that aims to reimagine the luxury travel experience. InterContinental Fiji Golf Resort and Spa “At its core, this brand evolution revolves around our exceptional team members globally.
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. She will commence the position on March 1, 2024.
IHG Hotels and Resorts is set to bring its premium accommodation brand Crowne Plaza to the Victorian city of Geelong, through a partnership with Plenary Group. Over the next 12 months, it will also open six new hotels in Greater Melbourne under the Crowne Plaza, Voco, Hotel Indigo and Holiday Inn brands.
Hilton also strengthened its development pipeline, signing more than 1,430 hotels representing 154,000 rooms in 2024. The companys pipeline now stands at roughly 3,600 hotels totalling more than 498,500 rooms, a year-over-year increase of 8% in pipeline rooms. Hilton has more than 8,400 properties trading worldwide.
As we continue to grow IHG’s footprint across the UK and Ireland—with 363 hotels currently open and 33 more in the pipeline—we look forward to welcoming guests to both properties. We’re excited to bring both to London—a market where we believe they will thrive.
Marriott International has announced the signing of agreements to open three new luxury resorts in Vietnam. Vietnam is a growing market for luxury travel, with rising demand from both international and domestic sectors. Sun Group also owns the JW Marriott Phu Quoc Emerald Bay Resort & Spa.
The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. New locations Lyf is currently present in 21 cities globally, with over 5,500 units both operating and in the pipeline.
Nuell will be responsible for driving the financial performance of Marriott’s 46 operating hotels, and a further 20 pipeline properties across the region. “I In 2011, he was awarded Marriott International’s Global General Manager of the Year Award while serving as the General Manager of the Renaissance Phuket Resort and Spa. “I
IHG Hotels & Resorts (IHG) has reached the milestone of 100 open hotels for its voco brand since it launched in 2018. The brand has more than 95 hotels in the pipeline. “We With a pipeline of 95 hotels, we are on track to achieve our initial goal of 200 voco hotels around the world within 10 years of launch.
In an exclusive interview with HM, Lee Richards, the newly appointed CEO of Seibu Prince Hotels and Resorts International Division, discusses the companys ambitious global growth strategy. After the first Gulf War, I decided to move to the luxury end of the market. I’m looking at resorts. Maldives is on the radar.
The appointment coincides with a focus on luxury expansion for Marriott, particularly in the Asia Pacific, a region that accounts for a third of Marriott International’s luxury hotels and over half of Marriott’s global pipeline. How is the luxury hotel market evolving in Australia? What are guests demanding?
Dollywood’s HeartSong Lodge & Resort has opened as the second resort created by Dollywood Parks & Resorts and renowned singer/songwriter Dolly Parton, further expanding the family destination located in Pigeon Forge, TN. The post Dollywood’s HeartSong Lodge & Resort debuts appeared first on hotelbusiness.com.
Four Seasons continues to execute its strategic growth across key global markets, expanding its portfolio of hotels, resorts and residences. Four Seasons growth also continues across Egypt at two new properties in Luxor and Madinaty, New Cairo Capital; in Muscat, Oman; and in Tanzania with a new resort in Zanzibar.
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