Latest News

Hotel Equities Signs a Definitive Agreement with Hilton on a Hampton Inn and Suites in the Perimeter Center Sterling Pointe Development Project with JV Partner HDP

Atlanta-based Hotel Equities (www.hotelequities.com) signed a definitive agreement with Hilton Hotels to develop an upscale Hampton Inn & Suites in the Sterling Pointe development with its joint venture partner, Hotel Development Partners (HDP). The project will include four outparcels targeted for high-end restaurants and retail. Hotel Equities will manage the hotel and assist with the development. Opening is projected for early 2015.
Friday, December 20 - 2013

Hilton Worldwide Brings Hilton Garden Inn Brand to Brazil

Hilton Worldwide today announced plans to open the first Hilton Garden Inn in Brazil. The company signed a management license agreement with HDauff Empreendimentos Imobiliarios Ltda to operate the new Hilton Garden Inn hotel in São Jose do Rio Preto, São Paulo. The hotel will be built in Georgina Business Park, a business epicenter with an innovating concept that unites high technology and nature preservation, located in a strategic point in the south of the city, considered the most valued and distinguished region of São José do Rio Preto.
Friday, December 20 - 2013

Best Western’s Development Pipeline Growing Quickly in Latin America

Best Western International has announced plans for rapid expansion in Mexico, Central and South America with 29 hotels in the 2014 to 2015 pipeline. Though growth is strong throughout the region, South America is the hottest area for hotel development thanks to improving economies and Brazil hosting both the 2014 World Cup and 2016 Games in Rio de Janeiro.
Thursday, December 19 - 2013

IHG expands its Holiday Inn Express® brand in Germany

InterContinental Hotels Group (IHG®), one of the world’s largest hotel companies, today announces the expansion of its Holiday Inn Express® brand in Germany with the signing of two more hotels: Holiday Inn Express Hamburg - City Hauptbahnhof and Holiday Inn Express Freiburg - City. These franchised hotels are part of a multiple development agreement (MDA) with IHG’s long standing lessee partner Foremost Hospitality HIEX GmbH.
Wednesday, December 18 - 2013

The Ritz-Carlton opens in a new market ready for a globally-branded luxury hotel, with the opening of first hotel in Israel

The Ritz-Carlton Hotel Company, L.L.C. unveiled its first hotel in Israel today, with the much anticipated official opening of The Ritz-Carlton, Herzliya. Spectacularly located overlooking the Mediterranean, the property is a first-of-its-kind industry leader for Israel's luxury hotel market and the country's first true 21st century "Urban Resort".
Wednesday, December 18 - 2013

Loews Regency Hotel Set To Open In January 2014

Loews Hotels & Resorts today announced that Loews Regency Hotel in New York is now accepting reservations for stays beginning on January 16, 2014. The highly-anticipated reopening of the flagship property follows a comprehensive $100 million renovation, and the landmark hotel once again combines the best of design with thoughtful service, including a new restaurant and a state-of-the-art salon and spa. The redesign of the 379-room hotel represents the dynamic vision of Jonathan Tisch, Chairman of Loews Hotels & Resorts, and will feature luxury guestrooms, 58 suites and four new private meeting spaces. Guests will be able to enjoy unprecedented amenities and experiences in the heart of Midtown Manhattan, all from an unparalleled Park Avenue address.
Wednesday, December 18 - 2013

Ascott Crosses Milestone Of 10,000 Apartment Units In China

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited, has crossed its milestone of having 10,000 apartment units in its key market of China, cementing its leadership position as the largest international serviced residence owner-operator in the country with 56 properties across 20 cities. This brings Ascott closer to its target of achieving 12,000 apartment units in China by 2015.
Tuesday, December 17 - 2013

Marriott Hotels to Open First Hotel in Bolivia

Marriott International's (NASDAQ: MAR) flagship brand, Marriott Hotels, announced plans to open the174-room Marriott Hotel in Santa Cruz de la Sierra in 2016, making it the first hotel in Bolivia for the company. The hotel will be developed by Empresa Hotelera Icon S.A. and operated by Marriott International.
Tuesday, December 17 - 2013

Tokyo Marriott Hotel Opens

Marriott International announces the opening of the Tokyo Marriott Hotel on a hilltop address known locally as Gotenyama. This represents the global hospitality company's 12th hotel in Japan, and the third under its flagship Marriott Hotels brand, which comprises 500 properties in nearly 60 countries. Just minutes from the capital's bullet-train serviced Shinagawa Station, the 249-room hotel enables direct easy access to the Tokaido bullet train as well as Haneda Airport and the Yamanote Line circling central Tokyo.
Tuesday, December 17 - 2013

Hyatt Announces Plans for Hyatt Regency Sentul City

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with PT Eka Ilalang Suryadinamika for a Hyatt Regency hotel in Sentul City, Indonesia. Hyatt Regency Sentul City will be the sixth Hyatt-branded hotel in Indonesia.
Tuesday, December 17 - 2013