IHG Hotels & Resorts has signed a management agreement to develop a 100-room Holiday Inn Express near Bagdogra International Airport, scheduled to open in 2028.
Source: New feed
Author: hotelprojectdata
Hilton to Expand with 4,000 New Rooms in South East Asia
Hilton has announced plans to expand its luxury and lifestyle portfolio in South East Asia, adding nearly 4,000 new rooms through the signing of 17 new properties across six countries.
Source: New feed
Ascott Signs Agreement for New Serviced Residence in Lagos, Nigeria
The Ascott Limited has signed a franchise agreement for Somerset Admiralty Way Lagos, a new serviced residence in Lekki, Lagos, Nigeria, set to open in October 2028.
Source: New feed
Minor Hotels to Open Tivoli Palazzo Risorgimento Lecce Hotel in Italy by 2026
Minor Hotels plans to open the Tivoli Palazzo Risorgimento Lecce in Italy’s Puglia region by April 2026 following renovations.
Source: New feed
Commercial Real Estate's AI Journey: High Adoption, Low Achievement
Artificial intelligence (AI) is rapidly being adopted in the commercial real estate sector, with 88% of investors and landlords piloting AI projects. However, only 5% of these companies have achieved all their AI goals, highlighting a significant gap between adoption and successful implementation.
Source: New feed
Concord Hospitality Acquires Courtyard by Marriott Wayne Fairfield in New Jersey
JLL’s Hotels & Hospitality Group has completed the sale and financing of the Courtyard by Marriott Wayne Fairfield, a 122-room hotel located 20 miles from New York City.
Source: New feed
Hotel Industry Shifts Focus: Renovation Over New Builds Amid Economic Challenges
HotelÊindustry leaders are shifting focus to renovating and repositioning existing properties to enhance value and drive revenue. This strategic pivot is driven by high financing costs, labor shortages, and a muted outlook for supply growth, prompting hoteliers to explore creative solutions, such as adaptive reuse and mixed-use developments.
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Sofitel Jabal Omar Makkah Hotel to Open in 2026 with 1,141 Rooms
Accor has announced the signing of Sofitel Jabal Omar Makkah, a new hotel set to open in 2026 in Makkah, Saudi Arabia, featuring 1,141 rooms and suites.
Source: New feed
HVS Europe Hotel Transactions Bulletin Week Ending 24 October 2025
A summary of European hotel transactions provided by HVS
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Insights from HVS Asia Pacific Hospitality – Week's Highlights Ending 24 October 2025
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed