Hotel Development News
November, 14 2018
 
 
 
New York City Is The Leading Market in The U.S. Construction Pipeline
 
New York City Is The Leading Market in The U.S. Construction Pipeline
 
In the third quarter of 2018, analysts at Lodging Econometrics (LE) report that the top five markets with the largest total hotel construction pipelines are: New York City with 170 projects/29,630 rooms; Dallas with 157 projects/18,954 rooms; Houston with 150 projects/16,473 rooms; Los Angeles with 141 projects/24,129 rooms; and Nashville with 115 projects/15,179 rooms. Read More
 
Hotel Development Toronto
Radisson Hotel Group to Open Its First Radisson Blu in Canada
Radisson Hotel Group to Open its First Radisson Blu in Canada
 
The owners of Radisson Admiral Hotel Toronto-Harbourfront have announced their intent to convert the hotel into a Radisson Blu, making this the company's first upper upscale hotel introduction in Canada. Read more
 
Hotel Development Florida
The St. Joe Company Announces Plans for a New Hotel at Northwest Florida Beaches International Airport (ECP)
 
The Company plans the development of a 110-125 room hotel with a full service restaurant and bar, as well as meeting space. This new hotel will be located adjacent to the airport which is located within St. Joe’s 110,500 acres known as the Bay-Walton Sector Plan. Read more
 
Hotel Development Sweden
Scandic to Open New Hotel in Kiruna to Replace Existing Hotel when City Moves to New Location
 
Scandic has signed an agreement to establish a new hotel in Kiruna’s new city center. The hotel property will be owned by Swedish mining company LKAB and built by Skanska. The new hotel will be Kiruna’s largest, with 230 rooms, a restaurant and Kiruna’s first sky bar. The project is expected to be finished at the end of 2021. Read more
 
Hotel Development Norway
Scandic to Take over Hotel in Molde, Norway
 
On January 1, 2019, Scandic will take over the operations of Hotel Alexandra in central Molde, Norway. The property is currently owned by Pandox and the hotel will be Scandic’s second hotel in the city. Read more
 
Hotel Development Switzerland
Six Senses Crans-Montana to Open 2021 in Switzerland
Six Senses Crans-Montana to Open 2021 in Switzerland
 
Six Senses Crans-Montana marks the first resort and residential project in Switzerland for Six Senses Hotels Resorts Spas, in the Alpine destination of Crans-Montana. Slated to open in 2021, the resort and residences will both be managed by the Six Senses hotel group. Read more
 
Hotel Development British Columbia
Prestige Radium Hot Springs Resort in British Columbia Joins BW Premier Collection
Prestige Radium Hot Springs Resort in British Columbia Joins BW Premier Collection
 
Best Western Hotels & Resorts announced the newest addition to its luxurious collection of BW Premier Collection by Best Western hotels, with the opening of the newly renovated Prestige Radium Hot Springs Resort in Radium Hot Springs, British Columbia. Read more
 
Hotel Development India
The Indian Hotels Company Signs a New Hotel in Bhubaneswar, Odisha
 
The Indian Hotels Company (IHCL) today announced its second hotel in Odisha with the signing of a new Vivanta hotel in Bhubaneswar through a management contract with Lifeline Multi-Ventures. The signing is in line with the company's strategic expansion plans for driving aggressive growth. Read more
 
New Hard Rock Hotel Brand
Hard Rock Launches New Hotel Brand
Hard Rock Launches New Hotel Brand
 
Hard Rock International announced Reverb by Hard Rock - the brand's entrance into the select service hotel category. Read more
 
Construction Pipeline U.S.
U.S. Construction Pipeline Continues on a Modest Growth Trajectory
U.S. Construction Pipeline Continues on a Modest Growth Trajectory
 
Analysts at Lodging Econometrics (LE) report that in the third quarter of 2018 the total U.S. construction pipeline stands at 5,376 projects/650,576 rooms, up 7% from 2017’s 5,011 projects/608,837 rooms. Read more
 

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In Brief...
 

Construction Pipeline U.S.
Franchise Companies and Brands Dominating the U.S. Construction Pipeline

Hotel Development Orlando
300 Acre Margaritaville Resort Orlando Opening January 2019

Hotel Development Portugal
YOTEL Announces Hotel in Porto

Hotel Development Washington D.C.
Conrad Washington, DC Hotel to Open February 2019 at CityCenterDC

Hotel Portfolio Transaction
MCR and BLT Close $647.5 Million Portfolio Financing For 53 Hotels

Radisson Hospitality
Jin Jiang International and Sino-Cee Fund Acquire 50+ Percent of Shares in Radisson Hospitality

Hotel Development U.S. Georgia
Cambria Hotel Announced for Alpharetta, Georgia

 
 
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