CHICAGO (August 16, 2023) Hyatt Hotels Corporation (NYSE: H) today announced significant updates to Hyatt Studios, the latest select service brand in the Hyatt portfolio, including executed…
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Marriott International, Inc. recently announced that it has signed an agreement with New Development Group to introduce the EDITION Hotels brand to Dali, a well-known travel destination in Southwestern China for its picturesque natural scenery, diverse ethnic culture, and vibrant nightlife.
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Accor has signed an agreement with Kaya Group to introduce the first Mövenpick property to the eastern Turkish province Diyarbakır.
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Concord Summit Capital, LLC (Concord Summit) and Vista Development Ltd. sourced the final round of construction financing for the $165 million Andaz Hotel and Residences, a five-star condominium hotel development on Grace Bay Beach in Turks & Caicos,.
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Wyndham Alltra announced it’s now taking reservations for its newest resort, the 404-room Wyndham Alltra Samaná. Managed by Playa Hotels & Resorts the resort is slated to open December 1 and marks Wyndham Alltra’s entry into the Dominican Republic.
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As Saudi Arabia continues to fulfill its vision of becoming a world leader for international travel and tourism, Hilton (NYSE: HLT) has announced plans to open over 50 new hotels across 10 of its brands, making the country the company’s largest pipeline market in Europe, the Middle East and Africa (EMEA).
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Thanks to the agreement signed with the owner, Balance 99 Zrt., the group will franchise the unique historical four-star Hotel Magyar Király in the heart of Székesfehérvár, in the renewed historic area of the city.
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Hilton has signed two new properties to open in 2026 under its Hilton Hotels & Resorts and Canopy by Hilton brands: Hilton The Point Residences and Canopy by Hilton The Point
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The hotel is set to be developed in partnership with Al Akaria Real Estate Co. and is expected to open its doors in 2028.
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