Vietnam’s first large-scale onsen destination resort at Quang Hanh’s Yoko Park – and three hotels in Ba Na Hills – will open in 2026
Source: New feed
Month: January 2022
Six Senses The Palm Dubai Hotel Announced for 2024
Six Senses will mark its entry into the UAE market with a 60-room hotel and 162 branded residences along a private stretch of beach on Palm Jumeirah's West Crescent. Six Senses The Palm, Dubai is set to open in late 2024.
Source: New feed
Embassy Suites by Hilton Tucson Paloma Village Sold for for $25.5 Million
Summit Hotel Properties, Inc. (NYSE: INN) announced that it completed the acquisition of the 120-guestroom Embassy Suites by Hilton Tucson / Paloma Village for $25.5 million through its joint venture with GIC on December 21, 2021.
Source: New feed
Swiss-Belhotel Airport, Yogyakarta Annoounced for Indonesia
Swiss-Belhotel International Indonesia recently sealed a management agreement of Swiss-Belhotel Airport, Yogyakarta with PT Adhiraka Graha Sejahtera. The official signing was held in Jakarta on December 16, 2021. Scheduled to be opened in 2022, the 4-star hotel project is planned to have 167 rooms.
Source: New feed
Accor Signs Deal with Dur Hospitality to Open Rixos Obhur Jeddah
With a location at the heart of Jeddah’s Obhur Bay on the Red Sea, Rixos Obhur Jeddah will feature a private beach and 247 residential units, including 174 rooms and 73 villas with a Club Prive lounge, a main fine-dining restaurant, a Lounge bar, and two specialty beach restaurants.
Source: New feed
First Vignette Collection Hotel in Asia to Open March 2022 in Bangkok
IHG Hotels & Resorts and Siam Sindhorn Co., Limited announced the first Vignette Collection hotel to open in Asia within the city of Bangkok. Sindhorn Midtown will join IHG's brand in March 2022.
Source: New feed
Koibito Poke Signs 300 Store Sales Agreement
Koibito Pok announced today that it has signed a franchise sales agreement with True Capital Partners LLC, which has committed to sell a minimum of 300 locations in eight states over the next five years.
Source: New feed
The Availability and Costs of Labor, Materials Make Hotel Construction Difficult – CoStar
While financing will be marginally better for hotel construction in 2022 than in 2021 and 2020, building new hotels is still not an easy proposition. Chief among the concerns for hotel developers are the costs and lack of availability for both contractors and building materials.
Source: New feed
Turnstone Ventures Acquires Historic 50-key The Shire Woodstock in Woodstock, VT
Originally built in 1963, The Shire Woodstock pays homage to the town’s namesake, with the property offering a year-round retreat on the banks of the Ottauquechee River with waterfront views from each oversized guestroom.
Source: New feed
Popeyes to to Launch in South Korea
Master Franchise and Development Agreement with a subsidiary of South Korean Silla Group to open hundreds of restaurants in the coming years
Source: New feed