CHICAGO (November 2, 2023) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported third quarter 2023 financial results. Highlights include: Net Income was $68 million in…
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A reincarnation of a resort, Crete's distinguished Blue Palace will reopen as part of the Rosewood portfolio in 2025 following a reimagination of the celebrated property.
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A summary of European hotel transactions provided by HVS
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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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