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Exclusive: TFE signs five New Zealand properties with Heritage Hotels

Hotel Management

“The reintroduction of the much-loved Rendezvous brand into New Zealand – through the Rendezvous Heritage Christchurch and Rendezvous Heritage Queenstown – provides Asia Pacific scale to the portfolio and will see TFE venture into Otago for the first time.” million in the July 2024 year, an increase of 604,000 from the July 2023 year.

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Crowne Plaza continues New Modern design refresh across Americas

Hotel Business

IHG forecasts that 70% of Crowne Plazas Americas estate will showcase updated designs by the end of 2025. Crowne Plaza Louisville Airport Expo Center recently finalized a full-scale renovation under the direction of owner Al J. The property owned and managed by National Hospitality Services. Schneider Company.

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Exclusive: Choice Hotels looks to corporate development and conversion strategies to drive growth

Hotel Management

Growth rates are subdued across the region driven by weaker than forecast inbound tourism and persistent levels of inflation and interest rates. As market consolidation continues to rise, owners and operators appreciate the benefits of scale and are increasingly looking to grow their portfolios.

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Hotel development surge: Thousands of new projects poised to break ground

Hotel Business

As we look ahead, LE’s report offers a detailed forecast of the anticipated supply growth. Hotel projects within the upscale and upper-midscale chain scales are leading the way. These two chain scales combined account for a substantial majority of projects. hotel landscape.