IHG Hotels & Resorts held its first owner roadshow of the year in Beijing. It marked significant progress by signing 24 hotel projects across its essentials and premium hotel brands, including Holiday Inn Express, Holiday Inn, and EVEN Hotels.
Source: hotelnewsresource.com
Hyatt Centric Buckhead Atlanta secures refi
JLL Capital Markets has arranged financing for the 218-key Hyatt Centric Buckhead Atlanta in Georgia. JLL represented the borrower, a joint venture between Songy Highroads LLC and an affiliate of Hyatt Hotels Corporation, in securing the loan from a global bank. The 18-story hotel opened in 2021 and features diverse food and beverage options including Three Arches restaurant adjacent to the … [Read More...]
Accor to introduce its Handwritten Collection to the U.S.
The 1920-built Hotel Stratford San Francisco has recently emerged from a multi-million-dollar refurbishment that retains the original character of the property. U.S. brand debut San Francisco is to become the first U.S. destination for the 2023-launched Handwritten Collection by Accor as the European-style boutique property, Hotel Stratford San Francisco joins the brand. This property, which is … [Read More...]
BLH, Pendant Capital acquire The Raphael Hotel
Bentley Legacy Holdings (BLH), through its partnership with Pendant Capital, has expanded its portfolio of boutique hotel assets with the acquisition of The Raphael Hotel, Autograph Collection, a historic Kansas City, MO. Bentley Legacy Group, the management arm of BLH, has assumed management of the hotel. The hotel has been a Kansas City fixture since 1928, originally serving as an apartment … [Read More...]
Cross Hotels & Resorts Launches New Lumen Brand in Bangkok
Cross Hotels & Resorts proudly announces the launch of its new destination-centric brand, LUMEN, a hybrid hotel that amplifies the character of its neighbourhood and celebrates the community. The opening of Lumen Bangkok Udomsuk Station marks a paradigm shift in guest enhancement for Cross Hotels & Resorts as the company expands its portfolio with a vision to redefine the hospitality … [Read More...]
IHG Hotels & Resorts expands presence in Nepal
Crowne Plaza Resort Nepalgunj — Photo by IHG IHG®Hotels & Resorts, one of the world's leading hotel companies, is proud to announce the signing of a management agreement with Mansarovar Amusement Park & Resort to develop Crowne Plaza Resort Nepalgunj, Nepal. Scheduled to open in early 2028, the resort will feature over 100 keys and will further strengthen IHG's growing portfolio in the SWA … [Read More...]
Safestay builds Spanish presence
uropean hostel operator Safestay has returned to growth, with two recent signings of new properties in Spain. The additions mean the group now has a critical mass of five sites across the country, and take the brand to 19 locations across the Continent, marking a significant return to growth after the challenges of the pandemic period. On the Costa Blanca, the group has signed to manage the Calpe … [Read More...]
New Extended Stay America Opens in Florida
Extended Stay America®, the leading mid-priced extended stay hotel brand in the United States, announced today the opening of the Extended Stay America Premier Suites® Fort Myers - Airport in Fort Myers, Florida. Turnstone Group developed the property, which Sandpiper Hospitality will manage. The four-story, 124-room newly constructed Extended Stay America Premier Suites Fort Myers - Airport hotel … [Read More...]
Club Med, Royal Court Affairs and Omran Group to Develop Club Med Musandam on the Persian Gulf
The hospitality landscape in Sultanate of Oman is about to be reinforced with the official signature of Club Med Musandam project, the first Club Med Resort in the Gulf States, with an exclusive beach opening to the astounding Persian Gulf. The official signature event held on May 2nd 2024 in Muscat counted the distinguished presence of His Excellency Mr. Salim bin Mohammed Al Mahrouqi, Minister … [Read More...]
HWI eyes Middle East for expansion
H World International is planning an expansion of its brands across the Middle East. Among the brands looking to grow are the midscale Ji flag, as well as the luxury Steigenberger brand. HWI was established by H World in February 2024, with the renaming of the group’s European division, previously known as Deutsche Hospitality. The China-based, US-listed H World bought Deutsche in 2019, giving it … [Read More...]
Transform hotel sustainability into business strategy, with Honeywell Forge
Sustainability should be easier to manage Energy experts advise that “you can’t manage what you don’t measure.” But we’ve added a corollary: “When something is hard to measure, it’s hard to manage.” When the data you need is difficult to understand and tedious to consolidate from siloed systems, it can be hard to even know where to start. Sustainability shouldn’t feel like “energy … [Read More...]