Marriott International today unveiled plans to double its luxury presence in Asia Pacific by adding more than 100 luxury hotels to its current footprint of 113 luxury properties. Announced at the International Luxury Travel Market (ILTM) conference in Shanghai, this represents over half of the company’s global growth in this category.
Source: New feed
Company Also Announces First Upscale Scion Hotel
Source: New feed
Captain D’s has enlisted ADP to aid franchisees in the development of new locations by facilitating the acquisition of land and overseeing construction.
Source: New feed
Post-Starwood acquisition, Marriott is poised to grow its collection brands by nearly 50% over the next three years
Source: New feed
Cambria now has 30 hotels open across the United States, and more than 70 in the pipeline. Four hotels have opened in 2017 and 10 more will open by the end of the year. In addition, 18 ground breakings and multiple executed franchise agreements are expected.
Source: New feed
Extended Stay America hotels (ESA) announced today the brand’s next five-year growth strategy, anchored by its first ever franchising program and a return to new hotel builds, the first in a decade.
Source: New feed
Construction is underway, and the resort is expected to reopen in summer 2018.
Source: New feed
ummit Hotel Properties, Inc. (NYSE: INN) and Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced that the companies have executed a definitive agreement for an affiliate of Summit to acquire an 812-guestroom, five-hotel portfolio from Xenia for a total purchase price of $163 million, or approximately $201,000 per key.
Source: New feed
Expansion includes an adult-only all-suite tower that will feature an additional 159 suites, a lush new saltwater pool, two new restaurant concepts with global cuisine, a luxurious hotel spa, salon, and fitness center
Source: New feed
US Foods announced on Friday that it has agreed to acquire F. Christiana, a broadline distributor of food and food-related products concentrating on the important center-of-the-plate categories as well as dairy and dry goods.
Source: New feed