Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed

INDIAN WELLS, Calif. (June 4, 2024) – Hyatt Hotels Corporation (NYSE: H) and Trinity Investments are proud to announce the planned rebranding of Hyatt Regency Indian Wells Resort & Spa to Grand…

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Premier Inn seeks an additional 30% more rooms in Ireland as it responds to high demand and an undersupply of branded hotel rooms
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Proposals for additional hotel in the town centre received positive response from the public during autumn consultation
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The following article discusses the major challenges that negatively impact the financial returns for new-built, full-service hotel in many markets in Asia Pacific and presumably, the world. In this first part of the article,we discuss the cost of land and impact of seasonality.
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Mavik Capital Management today announced that it has provided an $80 million investment to finance the conversion of 110 Ann Street by Tidal Real Estate Partner and Left Lane Development.
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Recent acquisitions of Graduate Hotels and NoMad brands and appointment of new global lifestyle president affirm Hilton’s focus on lifestyle category expansion
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The newly restored and expanded Four Seasons Resort Mallorca at Formentor is now confirming reservations for arrivals beginning late August 2024.
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SH Hotels & Resorts, the hotel brand management company founded by Barry Sternlicht, today announced plans to take over Seattle’s Pan Pacific Hotel, which will be transformed into 1 Hotel Seattle in 2025.
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Hyatt Hotels Corporation (NYSE: H) highlighted today that its pipeline has grown by nearly 85 percent since 2017, reaching a record 129,000 rooms.
Source: New feed