Weekly Hotel Industry Asia Pacific News Roundup from HVS
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LXR expands its development pipeline with three new APAC and Middle East openings.
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The property was purchased by 125 West Lamar LLC, a wholly owned subsidiary of Edgewater Valley Forge Fund III LP, an affiliate of Edgewater Group LLC.
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Langham Hospitality Group continues its expansion with a new management agreement for The Langham in Diriyah, located 15 minutes from downtown Riyadh in Saudi Arabia with the Diriyah Gate Development Authority (DGDA).
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Most active markets for office conversions include Boston, San Francisco Peninsula, Los Angeles, Washington DC
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Secrets Impression Moxché Playa del Carmen opens as first hotel of the brand
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With 15 hotels currently open worldwide, EDITION Hotels expects five new properties to launch in 2023, with four in new destinations including Rome, Mexico’s Riviera Maya at Kanai, Singapore, and Jeddah, along with a second Tokyo location in Ginza. EDITION Hotels’ ongoing expansion is slated to continue into 2024 and beyond, with hotel signings this year in several primary destinations, including Lake Como and the Red Sea.
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Calgary Municipal Land Corporation (CMLC) and the Calgary Stampede announced a joint partnership for the development of a new convention centre hotel that will complement the expansion of Calgary's BMO Centre.
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Accor yesterday announced that Hotel Ändra Seattle has joined the Group’s global portfolio as the newest addition to the MGallery Hotel Collection. Located in Seattle’s Central Business District, the hotel rises 10 stories high and offers 123 guestrooms and suites.
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Signs Development Agreements to Expand Across Greater Cleveland
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