The partnership will transform several high-profile IHG hotels and return the Regent Hotels & Resorts brand to Australia after a 28-year absence.
Source: New feed
Hyatt Hotel Corporation has announced the introduction of the Hyatt House brand to the National Capital Region of India as part of a mixed-use development, the Flagship. The 127-key, extended stay hotel is strategically located in Noida and is expected to cater to the increasing demand for premium accommodations from corporate travelers.
Source: New feed
According to the group’s financial results, the group has achieved 538 net hotel openings, bringing the total number of operational hotels worldwide to 11,685. The total number of rooms worldwide has reached 1,142,158, a 20% increase from the previous year.
Source: New feed
Trinity Investments has announced the sale of the JW Marriott Phoenix Desert Ridge Resort & Spa, which it bought in 2019 and then renovated, to Ryman Hospitality Properties, Inc. for $865 million.
Source: New feed
Tru by Hilton unveils an updated prototype design and expands its global footprint with over 300 operational hotels.
Source: New feed
A summary of European hotel transactions provided by HVS
Source: New feed
Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Huff, Niehaus & Associates, Inc.Êproudly announces a significant and landmark achievement in its business journey of surpassing $1 billion in hospitality real estate sales.Ê
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Hilton is set to increase its presence in Paris with the upcoming opening of Hotel Dali Val d’Europe, Tapestry Collection by Hilton, following a franchise agreement with Turenne H(TM)tellerie, the hospitality division of Turenne Group.
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Hilton has partnered with Al Musbah Group to open its first Spark by Hilton hotel in Saudi Arabia, marking the hospitality company’s entry into the Middle East and Africa’s premium economy category.
Source: New feed