As of September, Accor has already inked management agreements for a total of 42 properties, adding over 11,000 keys to its portfolio. The outlook for the remainder of 2023 includes plans to sign an additional 20 projects, bringing a 15,000+ total new keys to the region.
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IHG Hotels & Resorts (IHG) today announced the signing of a new build Crowne Plaza hotel in a location along Mexico City’s famed Avenida de los Insurgentes. The hotel is scheduled to break ground in early 2024 ahead of a planned 2026 opening.
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With nearly 20 hotels currently open in Canada, Hyatt expects to have an additional 23 hotels open and operating by the end of 2026, doubling Hyatt’s Canadian brand footprint.
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CHICAGO/LONDON (November 1, 2023) – Bound by a shared passion for new, memorable stay experiences, Hyatt and Mr & Mrs Smith, the London-based luxury hotel booking platform acquired by Hyatt earlier this year, are giving World of Hyatt members…
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CHICAGO (November 1, 2023) – Hyatt Hotels Corporation (“Hyatt”) (NYSE: H) is positioned to double Hyatt’s brand footprint in Canada by the end of 2026, with more than 20 executed managed…
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Yesterday, the 389-room Waldorf Astoria Las Vegas announced the phase one completion of a multi-million dollar property-wide transformation which includes a floor-to-ceiling redesign of all guest rooms and suites; upgrades to all 15,000+ square feet of meeting and event space; and a new arrival experience with the complete redesign and relocation of the 23rd-floor lobby and front desk to the ground floor.
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In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up 5% by projects and 8% by rooms year-over-year (YOY). In the third quarter, Canada had 22 new project announcements with 2,816 rooms.
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Located at 50 Park Plaza in Boston's central Back Bay neighborhood, the 1,060-key property will see the property transition to Hilton Boston Park Plaza as part of a post-acquisition rebranding initiative.
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Sweet Paris Crêperie & Café has secured its second location in Minnesota at Mall of America, the largest shopping and entertainment complex in the United States and one of the most visited tourist attractions on the globe.
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MMGY Global, a leading integrated marketing firm specializing in travel, tourism and hospitality, announced today that investment funds managed by private equity firm EagleTree Capital have acquired the company from previous partner Peninsula Capital Partners LLC and other shareholders, including current and former employees and the original founders of the business.
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