While franchisors typically hold the upper hand in franchise agreement negotiations, franchisees have significant room to negotiate terms that better suit their interests.
Source: New feed
MHR Capital Group has begun construction on a new AC Hotels by Marriott in Kennewick, Washington, in partnership with A1 Hospitality Group and Fowler Construction.
Source: New feed
Hilton has announced the development of Elephant Tree Resort and Villas Tobago, a new resort under the Tapestry Collection that will open in 2028.
Source: New feed
Walker & Dunlop has facilitated an $86 million refinancing for the Caesars Republic Scottsdale, a hotel in Scottsdale, Arizona.
Source: New feed
IHG Hotels & Resorts is set to open a new InterContinental hotel in Guayaquil, Ecuador, in 2027, marking the brand’s first entry into the country.
Source: New feed
IHG Hotels & Resorts and GI Capital Management have commenced construction of the Regent Kyoto, scheduled to open in 2028.
Source: New feed
Hyatt Hotels Corporation has announced a franchise agreement with PT Lombok Torok Developments to open a new hotel in Lombok, Indonesia. This marks the debut of the Destination by Hyatt brand in Southeast Asia.
Source: New feed
Shangri-La Group has announced the launch of its new ultra-luxury hotel brand, Shangri-La Signatures, marked by the opening of The Silk Lakehouse in Hangzhou.
Source: New feed
Choice Hotels International has expanded its Everhome Suites brand with six new openings and three groundbreakings across Texas, Oregon, and Ohio.
Source: New feed
Shanghai’s historic Peace Hotel is set to be rebranded as the Raffles Peace Hotel Shanghai, with renovations completing in 2027.
Source: New feed