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Luxury projects hit historic highs while limited-service hotel development booms in the United States

Hotel Business

The hotel development pipeline in the U.S. According to recent data from Lodging Econometrics (LE) , while luxury hotels continue to target high-net-worth travelers with opulent new builds, the most dynamic growth continues to occur in the upper-midscale chain scale. Currently, full-service properties represent 19% of total U.S.

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Exclusive: Radisson development boss Ramzy Fenianos talks SEAP growth strategy

Hotel Management

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.

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Ascott broadens Lyf experience with eight new signings globally

Hotel Management

There is tremendous potential for us to further scale Lyf across more hospitality asset classes, whether as a full-service hotel or resort, especially with the growth pace we have seen over the year. New locations Lyf is currently present in 21 cities globally, with over 5,500 units both operating and in the pipeline.

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Wyndham’s ECHO pipeline reaches 200+ hotels

Hotel Business

Wyndham Hotels & Resorts has revealed the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline. The post Wyndham’s ECHO pipeline reaches 200+ hotels appeared first on hotelbusiness.com.

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Exclusive: TFE signs five New Zealand properties with Heritage Hotels

Hotel Management

TFE Hotels is an owner, manager and developer and we see their impressive presence in multiple markets – which includes more than 50 properties in Australia, a strong pipeline of properties and ties to Singapore and Europe – as complementary to our vision for the future,” said Heritage Hotels’ Managing Director, Jeffrey Tang.

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Key appointments: QT, The Ritz-Carlton Melbourne, W Sydney and more

Hotel Management

As the new General Manager for The Ritz-Carlton, Melbourne, Harman will be responsible for enhancing the hotel’s operational and commercial performance. I am honoured to be leading this talented team on their next chapter, enhancing operational and commercial performance whilst creating memories for each and every guest.

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Exclusive: Hilton’s development strategy drives growth in Asia Pacific

Hotel Management

billion in 2023, with the first quarter of 2024 seeing hotel construction pipeline at an all-time high and record-high levels seen in the luxury, upper upscale, and upscale segments. Currently, we have 58 hotels trading and 47 in the pipeline. Hotel investment volumes in the region this year are projected to reach US$10.4

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