Hospitality Industry News
Fairmont?Hotels & Resorts and Abu Dhabi-based private real estate investment company Eagle Hills announce the development of a luxury hotel in Morocco, the?Fairmont?La Marina Rabat-Sal?. The 200-room hotel, set to open in 2019, will be located in La Marina Morocco, a coastal mixed-use
Hospitality Industry News
Choice Hotels is?to develop a?Cambria?hotel & suites in the Loop area of downtown Chicago.?The 198-room, 21-storey?property will be located above the?Ford Center?for the?Performing Arts Oriental Theatre?at?32 W. Randolph St., and is expected to open in?September 2017.
Hospitality Industry News
Demand for Christmas trips to Paris has slumped following last month?s Islamist militant attacks in the French capital, according to data from travel information firm ForwardKeys. Overall, net bookings ? calculated by taking new bookings and deducting cancellations ? recovered in the week starting November 23, compared to the week immediately
Hospitality Industry News
InterContinental signs management agreements to develop two new Holiday Inn Express?hotels in Malaysia: Holiday Inn Express Kuala Lumpur City Centre and Holiday Inn Express & Suites Kuala Lumpur Ampang. Set to open in 2016, the 383-room Holiday Inn Express Kuala Lumpur City Centre will be built on the
Hospitality Industry News
Business travel in Europe is holding up despite last month?s attacks in Paris, with only a small percentage of travel buyers halting trips, according to a survey by the Global Business Travel Association (GBTA). Airlines and travel technology firms say flight bookings dropped in the immediate aftermath of the
Hospitality Industry News
St. Regis Hotels & Resorts debuts the St. Regis brand in?Dubai?with the opening of?the 234-key St. Regis Dubai. The brand will enter?Jordan?with The St. Regis Amman in 2016, and will open in 2018 its first polo resort,?The St. Regis Dubai Al Habtoor Polo
Hospitality Industry News
Dusit International announces a third property in the Philippines, with a dusitD2 Residence scheduled to open in Cebu in 2019. dusitD2 is described as Dusit International?s ?next generation? hotel brand, with cutting-edge design, high-tech connectivity and ?efficient convenience in settings that are contemporary, colourful and chic?.
Hospitality Industry News
Starwood introduces its Tribute Portfolio brand in Indonesia with the signing of?The Hermitage, a Tribute Portfolio Hotel, Jakarta. Owned by PT. Menteng Heritage Realty, The Hermitage Jakarta is slated to fly the Tribute Portfolio flag before the end of 2015, bringing the brand’s ?Stay Independent? vision to the
Hospitality Industry News
Technology-focused hospitality brand Yotel is set to embark on significant international growth plans from next year which will see 12 new Yotel-branded hotels open by 2018. The group, which first started operations in 2007, has four sites already in operation – one city centre New York hotel, complete with
Hospitality Industry News
Marriott Hotels expands its portfolio in China with the unveiling of the 268-room?Changzhou Marriott Hotel?in Jiangsu Province. Under a long-term management agreement with its owner Changzhou Radio & Television Real Estate, Changzhou, Marriott Hotel occupies the top floors of Changzhou Modern Media Center, a landmark as
Hospitality Industry News
InterContinental Hotels Group signs the Crowne Plaza Novi Sad in Serbia?s second largest city. The newly built hotel will operate under a franchise agreement with Plaza AGNS DOO Novi Sad. The 144-room hotel, scheduled to open in 2016, aligns with IHG?s strategy to grow the brand in
Hospitality Industry News
Nordic hotel chain Scandic Hotels has set the price for its initial public offering at 67 crowns per share giving it a market capitalization of 6.9 billion crowns (US$793 million) ahead of its debut yesterday, the company said in a statement. The price was set in the lower