Hotel Development News
October, 11 2018
Hyatt Acquires Two Roads Hospitality and Associated Hotel Brands
Hyatt Acquires Two Roads Hospitality and Associated Hotel Brands for $600 Million
All of Two Roads' hotel brands - Alila Hotels & Resorts, Destination Hotels, Joie de Vivre Hotels, Thompson Hotels and tommie - will join Hyatt’s portfolio. Read More
Hotel Development Paris
Maison Astor Paris Joins Curio Collection
Maison Astor Paris Joins Curio Collection
Maison Astor Paris is just steps from haute-couture shops and a short metro ride from the Eiffel tower. It sits on a quiet street between the Opera Garnier and the Champs-Elysées, making the hotel a peaceful hideaway amidst Paris’s bustling city centre. Read more
Hotel Development Australia
Holiday Inn & Suites Melbourne Ringwood to Open 2020 in Australia
Holiday Inn & Suites Melbourne Ringwood to Open 2020 in Australia
Opening in 2020, the 164-room hotel will offer all day dining and bar, conference and meeting facilities, a gym and a swimming pool, along with on-site parking. It sits as part of a mixed-use development that will feature 82 residential units. Read more
Hotel Development China
Minor Hotels Announces Two New Resorts in China
M Collection Hangzhou
Partnering with Zhuhai Da Heng Qin Company Limited, Hengqin Zhuhai will be the first M Collection branded hotel in China. Scheduled to open in 2020 M Collection Hengqin Zhuhai is located at the heart of Pearl River Delta along a mountain top reservoir with peaceful surroundings, and mountain views in the southern corner of Zhuhai. Read more
Hotel Transaction Tennessee
The Chattanoogan Hotel in Tennessee Sold
The Chattanoogan Hotel in Tennessee Sold
Ascent Hospitality based in Buford, GA announced today that it has acquired The Chattanoogan Hotel, a 198-room property. Ascent will completely modernize and renovate the hotel's upscale guest rooms, meeting rooms, public spaces, as well as the pool and lobby areas, and brand as a Curio Collection by Hilton property. Read more
AccorHotels Acquisition
AccorHotels Completes Sbe Entertainment Group Acquisition
AccorHotels Completes sbe Entertainment Group Acquisition
AccorHotels completes its acquisition of a 50% stake in sbe Entertainment Group Founder & CEO Sam Nazarian will control the remaining 50% Read more
Hotel Development New York State
The Inn at Gran View Ogdensburg Joins the Ascend Hotel Collection
A renowned community landmark located in Ogdensburg, N.Y., this 46-room family-owned-and-operated hotel sits in a lush country setting just minutes from the beautiful 1000 Islands and a short drive from both Ottawa and Montreal, Canada. Read more
Hotel Development Germany
IHG Announces 15 Avid Hotels for Germany
IHG Announces 15 avid Hotels for Germany
IHG (InterContinental Hotels Group) has announced a Multiple Development Agreement (MDA) with existing partner GS Star GmbH (GS Star) to bring 15 avid hotels to the German market. This marks a milestone launching avid hotels, IHG's newest brand, in Europe for the first time. Read more
Hotel Development U.K.
What Will The UK’s Future Hotel Supply Look Like In 2018-2021 - Savoy Stewart
In 2017, there was a 37% increase in new build hotels in the UK, which led to 2.4% growth in total UK hotel supply. Read more

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In Brief...

Hotel Development Spain
Hard Rock Hotel Madrid Announced for 2019

Hotel Transaction Florida
The Wright by the Sea Hotel in Delray Beach Sold for $25 Million

LL Spark Global Venture Fund
JLL Spark Invests in Honest Buildings

Hotel Development Germany
NOVUM Hospitality Signs 170th Hotel

Marriott Development Update UAE
Marriott To Expand Its Portfolio In The UAE To More Than 80 Hotels By 2023

Hotel Transaction New Mexico
La Posada De Santa Fe Hotel Sold for $50 Million

Hotel Development Houston
HMC to Manage Newly Branded Red Lion® Houston Intercontinental Airport Hotel

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