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Ladun Investment Company signed a partnership agreement with award-winning hospitality group, Cheval Collection featuring numerous contracts for the construction and operation of Cheval Ladun Living - a tower featuring luxury hotel apartments situated on King Fahd Road (near King Abdullah Financial Center) in Riyadh.
Construction is underway on DCF Property Group’s $180 million First Light development in Melbourne’s Domain Precinct, which will be home to branded residences and the first Nu By Yoo hotel in Australia. The post Construction underway on 97-key Nu By Yoo hotel in Melbourne appeared first on Hotel Management.
(NASDAQ: SOND; "Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has partnered with Kalimian Equities to manage and operate the newly constructed property at 139 Orchard as The Merchant.
SPARTANBURG, South Carolina—Dennis Mitchell has been promoted to vice president of development and construction for OTO Development. OTO Development, part of The Johnson Group, is a private hospitality company that develops, owns, and operates upscale select-service hotels throughout the continental United States.
MCLEAN, Virginia, and KOKOMO, Indiana—Hilton announced the groundbreaking of the first Project H3 by Hilton hotel in Kokomo, Indiana, signifying the start of construction on its new studio apartment-style extended-stay hotel brand.
The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed.
Australia’s hotel industry has welcomed 20,000 new rooms and more than 200 hotels since the end of 2020, signalling a revival in construction in the wake of the pandemic. Hotel operators across the country – but particularly in our gateway cities – are seeing occupancies re-building to pre-pandemic levels. “We
The panel—which took place before a standing-room-only audience—was entitled “Owners, Investors, and Operators: Opportunities, Challenges, and Trends.” Asked about current construction trends, Mitch Patel, founder/CEO, Vision Hospitality Group, asserted that his company is “bullish” on development going forward. “We
RESET, a new and innovative hotel brand, has initiated the construction of its inaugural property sprawled across 180 acres of secluded desert terrain adjacent to Joshua Tree National Park. Serving as the flagship establishment for this visionary brand co-founded by Ben Uyeda, it has enlisted Sightline Hospitality as the operating partner.
Accor, a world leading hospitality group, announces the signing of a cooperation agreement with the representative office of construction and investment company JSC "Dallmark LTD" to open a new Swissôtel on Rudaki Avenue in Dushanbe.
Construction of the development is expected to begin by the end of 2023, with the hotel projected to operate in late 2028. The hotel is slated to debut at the site of a 51-story mixed-use development. Perched atop the hotel is Marina View Residences, where a suite of high end apartments is set to redefine luxury living.
Construction of the long-awaited, AU$250 million Avani Hotel in Mooloolaba, Queensland is set to start in September in a major boost for tourism to the Sunshine Coast. KPAT Managing Director, Kenneth Wagner, said they were thrilled to be starting construction on the hotel in the coming weeks. “We This new 4.5-star
Construction has already started and the property is scheduled to welcome its first guests in 2025.Conveniently Conveniently located for guests to explore Vienna, the new Bob W property provides excellent public transport links to the rest of the city, including the many historic and cultural attractions and business districts.
When Marriott acquired Starwood in 2016, Marriott operated just six hotels in the Australia Pacific region. Right now, Marriott can state without challenge that we operate the newest, best, and highest performing hotels in our region. Importantly though, it’s not the number of hotels that is defining our growth, but the quality.
With supply having increased enough to accommodate future demand growth and dramatic rises in construction costs, many other mooted projects will be challenged to stack up. Owners and operators will need to adopt a defensive approach to asset management, maintaining a laser focus on their operating structures.
This event aims to be built as one-stop sourcing platform for the construction and operation of hotels and commercial space. As China’s leading trade show, it has been devoted to hospitality and commercial space for more than 30 years.
The Inn at Bellefield is a $55 million project developed by T-Rex Capital Group, LLC, in partnership with Shaner Hotel Group, LP, an award-winning international hotel owner and operator. It is the first of two hotels the completed development will offer.
Sleep Inn, a leading new construction midscale brand from Choice Hotels International, Inc. NYSE: CHH) known for its stylish, nature-inspired design and cost-effective operating model, is getting a new look following the debut of the brand’s next-generation prototype, expected to be completed and rolled out by the end of 2023.
This event aims to be built as one-stop souring platform for the construction and operation of hotels and commercial space. As China’s leading trade show, it has been devoted to hospitality and commercial space for more than 30 years.
A partnership with prominent Canberra developer Tony Pan of TP Dynamics, will see the construction of a new-build hotel in the nation’s capital, slated to open in the first quarter of 2027. TP Dynamics has secured building approval and construction is already underway following a groundbreaking ceremony on Thursday March 28.
Booking.com’s Chief Legal & Public Affairs Officer, Maria Rocha Barros, discusses the company’s approach to complying with the Digital Markets Act (DMA) after engaging in constructive dialogue with the European Commission and other stakeholders.
The Star Brisbane Chief Operating Officer, Kelvin Dodt, described it as a ‘defining moment’ for the transformational Brisbane project. The post ‘Defining moment’: Brisbane Sky Deck completes construction of The Star Grand appeared first on Hotel Management.
Persistent interest rate hikes have a knock-on effect on the construction of new hotels as cost of debt for hotel developers and would-be buyers has increased significantly. Alongside this trend is also the emergence of white label management operators that we continue to engage with.
As Director of Rooms for the Langham Gold Coast, I am part of the hotel’s executive committee and oversee the entire Rooms Division operation. Ashley Spencer, who stands out to me, was the Vice President of Operations for Australasia during my time at Hilton. You’re also a 2023 Young Tourism Leader.
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 2007, he joined Toga Group as Chief Financial Officer of diversified property, development, construction and investment.
DCOH, formerly the Halikos Group, is a family-run business and one of the region’s largest privately-owned construction, real estate and hospitality providers. Trilogy will focus on driving efficiencies across hotel operations with teams working together under the same owner.
Over the last 12 months, new hotel construction projects, announced renovations and brand conversions continued to grow, with renovation and conversion activity hitting record highs quarter-over-quarter (QOQ). Over the last year, new hotel construction projects, renovations and brand conversion announcements have increased significantly.
The future Rydges Wailoaloa will be developed by owners Hari Punja and Sons Limited on the beach front at Wailoaloa Beach, with Chairman, Hari Punja, saying it is a welcome boost economic boost for Fiji’s construction and tourism industries amid an accommodation shortage in the country.
Hotel, which will operate under the Collection by TFE Hotels brand. The neighbourhood hotel, which is already under construction, will be part of The Queensbridge Building, which will feature 367 residential apartments, lush gardens and private rooftop terraces when completed. “Not
With hotel operations accounting for about 1% of global carbon emissions and embedded carbon in hotel construction adding another estimated 2%, the shift towards sustainability becomes an essential path for the hospitality sector.
2023 was a pivotal year for RHG where we expanded our relationship with key partners and operators. In the Philippines, we expanded our decade-long partnership with SM Hotels and Conventions Corp through a Master Development Agreement to reach 20 hotels by 2028 from six hotels in operation today.
Brent Hill, Tourism Fiji Leading figures from major hotel operators will take to the stage including Accor Chief Operating Officer PME – Pacific, Adrian Williams, and Outrigger Hospitality Group, President and CEO, Jeff Wagoner, alongside key owners such as Crowne Plaza Fiji Nadi Bay Resort and Spa Owner, Jay Singh. “The
Construction of the restaurant will begin in November with an opening date slated for spring 2024. Hilton Burlington Lake Champlain is operated by Aimbridge Hospitality. Together, the hospitality partners will introduce the seafood-focused spot, Original Skiff Fish + Oyster.
Located in Queensland’s north coast city of Townsville, the 190-room Hilton Garden Inn Townsville, which is slated for completion by early 2026, will operate under a management agreement with HHNQ Pty Ltd. The hotel will be modular constructed, which is a great way to reduce construction time and lower building costs.
Following this wave of additions, higher debt cost and construction costs are anticipated to suppress the development pipeline, with activity being largely limited to key strategic sites usually having mixed use appeal. Melbourne is the primary recipient of new room supply (35% of total).
Almost a year on from the opening of its first Australian property in Melbourne’s trendy inner-city suburb of Collingwood, and with another under construction in Bondi Junction, the brand is exploring further opportunities for growth – in dynamic metropolitan neighbourhoods.
The Crystalbrook Sam project will create over 100 new jobs during the construction period, and an estimated 120 new jobs once the hotel is operational.” Today is an important milestone as we commence construction on our first hotel development for the Samaras Group,” said Group Chief Executive Officer, Chris Samaras. “We
The 241-room hotel, which is currently the only hotel in Australia to hold the certification, is using offsets to achieve carbon neutrality and working towards wider operational reductions. Like all hotels in our network, Team Quincy is committed to internal benchmarking and the continuous evaluation of business operations, Sedgwick said.
The conference presented a deep dive into the world of hotel design and construction, from humble lead-free tap fittings to the ground-up construction of state-of-the-art environmentally efficient buildings. Recent spiralling construction costs and the management of consultants also provoked reactions from our panel.
The hotel will form part of the Geelong Convention and Exhibition Centre precinct development project, which will see the construction of a 1,000-seat convention centre and exhibition spaces, retail and hospitality offerings, as well as a large public plaza.
Mely Liu Furkhan will lead the pre-opening and conversion processes for all new hotel openings, with a focus on spearheading operational efforts. She offers extensive knowledge of design processes, construction and hotel standards. He brings leadership experience across luxury brands such as The Fullerton and InterContinental.
IHG and AIMS have signed an agreement to brand and operate a property that is strategically located just steps from Al Haram Al Sharif. With construction already underway, the hotel is moving ahead of initial timelines, reinforcing IHGs commitment to expanding its luxury portfolio in the region.
Dhruv Management owns and operates two Red Roof hotels in Alabama and Florida, with four more currently in various stages of development through its construction partner, Dhruv Development.
Today Swiss-Belhotel International has close to 135 hotels and operations across 20 countries and over 12,000 staff. Edward’s background is in construction, having worked as a civil engineer for about 10 years, first in New Zealand and later in Papua New Guinea and Hong Kong.
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