Hotel Development News
November, 20 2018
 
 
 
The Middle Eastís Hotel Construction Pipeline Hits A New Cyclical High
 
The Middle Eastís Hotel Construction Pipeline Hits A New Cyclical High
 
New pipeline project counts are up 8% while room counts show a 15% increase year-over-year (YOY) when the pipeline stood at 572 projects/156,420 rooms. Read More
 
Hotel Development Oregon
Sycan B Corp Breaks Ground on New Element by Westin Hotel in Bend, OR Managed by InnSight Hotel Management Group
 
Sycan B Corp has started construction on the new Element by Westin hotel on Wall Street, north of downtown Bend. The hotel will be managed by InnSight Hotel Management Group. Read more
 
Hotel Transaction Michigan
Greektown Casino-Hotel in Detroit Sold for $300 Million
 
Penn National Gaming, Inc. (PENN: Nasdaq), announced today that it has entered into a definitive agreement to acquire the operations of Greektown Casino-Hotel in Detroit, Michigan for approximately $300 million in cash. Read more
 
Hotel Development Manhattan
The Ritz-Carlton New York, Central Park Completes First Phase of Renovation Program
The Royal Suite, Master Bedroom at The Ritz-Carlton New York, Central Park
 
New York City landmark hotel debuts new guest rooms, suites, Club Lounge, and La Prairie Spa for the fall season Read more
 
Hotel Development Florida
13 Acre Margaritaville Beach Resort, Panama City Beach to Open in Spring 2021
Margaritaville Beach Resort, Panama City Beach to Open in Spring 2021
 
Sprawling more than 13 acres in Panama City Beach, the new Margaritaville Beach Resort will feature a full-service hotel, innovative amenity park, function space, several signature Margaritaville food and beverage concepts, retail, residential properties for sale and more. Read more
 
Hotel Transaction California
170 Room Ritz-Carlton Lake Tahoe Sold for $120 Million
170 Room Ritz-Carlton Lake Tahoe Sold for $120 million
 
Braemar Hotels & Resorts Inc. (NYSE: BHR) yesterday announced it has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California. Read more
 
Hotel Development Oklahoma
Choctaw Casino & Resort - Durant Announces New Expansion Project
Rendering of the future Choctaw Casino & Resort
 
Choctaw Nation of Oklahoma announced today they will expand their resort property in Durant, Okla. This will be the fourth expansion project since the original casino opened in 2006. Read more
 
Hotel Development Oman
Radisson Hotel Group Signs Two Hotels in Oman
 
Radisson Hospitality AB, part of the Radisson Hotel Group, announced two new hotel signings in Oman; Radisson Hotel Apartments, Muscat Hills and Park Inn by Radisson Hotel Apartments, Salalah. Read more
 
Hotel Development New Zealand
DoubleTree by Hilton Napier Hotel to Open 2019 in New Zealand
 
Hilton (NYSE: HLT) today announced the signing of DoubleTree by Hilton Napier Hotel and Suites, adding to DoubleTree by Hilton's portfolio of 54 properties across Asia Pacific. Auckland-based Sarin Investments will manage the hotel under a franchise agreement with USAR Napier Limited. Read more
 
Dual-Branded Hotels
Dual-Branded Hotels - Beware Expectations of Significant Operating Efficiencies - By Robert Mandelbaum and Gary McDade
Dual-Branded Hotels - Beware Expectations of Significant Operating Efficiencies
 
For the past four years the opening of dual-branded properties has been very popular among hotel developers. The perceived benefits of building a property with two or more brands are many, including - Efficiencies in the construction of the facility (ex. one laundry room for two hotels) - Efficiencies in the operation of the hotels (ex. shared staffing) etc. Read more
 

Ads by Nevistas

 
In Brief...
 

Hotel Construction Pipeline Europe
European Hotel Construction Pipeline Continues to Boom

Construction Pipeline U.S.
U.S. Hotel Construction Pipeline for October 2018 Up 6.2 Percent YOY

Hotel Development Manhattan
Distrikt Hotel New York City Joins Tapestry Collection by Hilton

Hotel Development Kuwait
Hyatt Regency Al Kout Mall to Open 2020 in Kuwait

Hotel Development Atlantic City
Harrah's Resort Atlantic City Announces Plans for Its $56 Million Coastal Tower

Hotel Development Japan
Hyatt Announces Plans for Hyatt House Niseko, Japan

 
 
Our Websites
Subscribe to our list | Unsubscribe from this list | Forward to a friend
 
© Nevistas & Hotel Development News All rights reserved