Hotel Development News
December, 20 2019
 
 
 
Europe’s Hotel Construction Pipeline Continues its Expansion Amidst Economic Turbulence
 
Europe’s Hotel Construction Pipeline Continues Its Expansion Amidst Economic Turbulence
 
Analysts at Lodging Econometrics (LE) report that in the third quarter of 2019, Europe’s hotel construction pipeline climbed to record high counts with 1,710 projects and 264,080 rooms, an 18% increase in projects and a 16% increase in rooms year-over-year (YOY). Read More
 
Hotel Transaction Oregon
Hyatt Regency Portland At The Oregon Convention Center Sold for $190 Million
Hyatt Regency Portland At The Oregon Convention Center Sold for $190 million
 
Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced it has acquired the newly developed 600-room Hyatt Regency Portland at the Oregon Convention Center located in Portland, Oregon for a purchase price of $190 million, or approximately $317,000 per key. Read more
 
New Hotel Brand
NP International Launches New Hotel Brand - THēsis Hotels
THēsis Hotel Miami
 
THēsis Hotel Miami, part of the Paseo de la Riviera mixed use development, will feature 245 guest rooms, two chef-driven restaurants, contemporary co-working spaces, and a wide range of community-inspired events and experiences. Read more
 
Hotel Transaction Vancouver
Pacific Gateway Hotel, Vancouver Airport Sold
 
PHI Hotel Group yesterday announced the acquisition of the 7-acre Pacific Gateway Hotel, Vancouver Airport. Read more
 
Mövenpick Hotels Lease Portfolio
Accor to Sale & Manage Back the Mövenpick Hotels Lease Portfolio
 
Accor today announces it has agreed to restructure Mövenpick hotels’ lease portfolio through a sale & management back agreement with HR Group, a German private fund. This will result in a €429m reduction of Accor’s consolidated debt, predominantly related to IFRS 16 lease liabilities. Read more
 
Hotel Development Texas
Wyndham Hotels & Resorts to Debut New Dolce Hotel and Winery in Texas Hill Country
 
Wyndham Hotels & Resorts (NYSE: WH) yesterday announced the signing of a new-construction Dolce Hotels and Resorts by Wyndham hotel in Fredericksburg, Texas. Read more
 
Hotel Development China
Meliá Hotels Signs Two New Hotels in China
Meliá Hotels Signs Two New Hotels in China
 
Meliá Hotels Internationa continues to maintain its robust momentum in the Asia Pacific region and today announced further growth in China with the new Meliá Arxan Hot-Spring Resort in Inner Mongolia and Meliá Qinhan New Town in Xi'an, which are expected to open by 2022, expanding the group's footprint in the country up to 11 properties (5 operating hotels and 6 in the pipeline) Read more
 
Hotel Development Finland
Hyatt Announces Plans for First Property in Finland With Grand Hansa Hotel
Rendering of the Grand Hansa Hotel
 
Grand Hansa Hotel in Helsinki will mark the introduction of The Unbound Collection by Hyatt brand in the Nordics and the second Hyatt property in the region Read more
 
Hotel Development Melbourne
A New-Build Holiday Inn to Open in the Inner-Melbourne Suburb of Richmond In 2023
Rendering of the Holiday Inn Melbourne Richmond
 
The 160-room hotel will be part of a mixed-use development and will feature IHG’s signature Open Lobby, combining the front desk, lobby, all day dining and bar, lounge area and business centre into an open space with fresh, modern design. Read more
 
Cambria Hotels Development Update
Cambria Hotels Plans New York And Texas Expansion
 
Awards Franchise Agreements in Austin, Texas and Niagara Falls, New York Read more
 
Hotel Development Shanghai
IHG to Open InterContinental and Holiday Inn Hotels at Shanghai Pudong International Airport
IHG to Open InterContinental and Holiday Inn hotels at Shanghai Pudong International Airport
 
IHG (InterContinental Hotels Group) announced on Monday that it will bring two hotels to Shanghai Pudong International Airport’s latest Terminal Complex. This means one of the world’s busiest airports will expect its first international branded hotels for the first time. Read more
 

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In Brief...
 

Hotel Development Mexico City
Moxy Mexico City Hotel to Open in 2022

Hotel Development Oregon
Merete Hotel Management Partners with Sycan B Corp. to Open Redmond Airport Hotel

Hotel Development Texas
Arlington City Council Approves $810 Million Transformative Development Project, Anchored By The 888-Room Loews Arlington Hotel And New Arlington Convention Center

Choice Hotels Development Update Asia Pacific
Choice Hotels Announces Six New Properties Across Australia and New Zealand

Hotel Development London
Six Senses London to Open 2023 in the Former Art Deco Whiteleys Department Store

Condor Hospitality Trust Merger
Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust

Hotel Development Washington D.C.
Pebblebrook Hotel Trust Announces the Addition of Hotel Zena Washington DC to the 'Unofficial Z Collection'

Hotel Development Oregon
Life Time Breaks Ground on First Athletic Lifestyle Resort in Oregon with $70M Investment

Hotel Portfolio Transaction
Xenia Hotels & Resorts Sells Marriott Griffin Gate Resort & Spa and Marriott Chicago At Medical District/UIC for $61.5 Million

Hotel Development Florida
Sarasota Modern Hotel to Join Latitudes Collection

 
 
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