IHG has signed a management agreement with Amritsar Golden Hospitality LLP to develop the new Holiday Inn Amritsar Golden Temple in Punjab. Expected to open in Q2 2027, the newly built hotel will add 215 keys to IHG’s portfolio in the city.
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Coming in spring 2023, will be a new capital-city hub for business and leisure travelers – and notable planned openings in 2024 include Park Hyatt Los Cabos at Cabo del Sol, which will mark the first Park Hyatt hotel in Mexico and Grand Hyatt Cancún Beach Resort, a luxurious destination on the Yucatán Peninsula.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Built in 1980, the Hyatt Regency Tokyo is a 746-room luxury hotel located in Shinjuku, one of Tokyo’s busiest business and retail districts, and adjacent to the Tokyo Metropolitan Government headquarters.
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CHICAGO (March 28, 2023) Hyatt Hotels Corporation (NYSE:H) announced the strategic growth of its brand portfolio in Mexico, a top leisure and business travel destination for global and domestic…
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CHICAGO (March 28, 2023) Hyatt Hotels Corporation (NYSE:H) announced the strategic growth of its brand portfolio in Mexico, a top leisure and business travel destination for global and domestic…
Source: New feed
Officials of the former Banyan Investment Group today announced that the firm is rebranding as Satori Collective, an investment management firm focusing primarily on hotel property investment.
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Meliá Hotels International announced the development of the Meliá Bečići Budva Resort on the coast of Montenegro, located in one of the areas with the highest growth in tourism in the country. The hotel is expected to open in 2025.
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The 151 Key hotel will undergo significant renovations of its guestrooms, public spaces, and flagship restaurant and bar
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The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company M&A.
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