Hotel Development News
January, 24 2019
JW Marriott Miami Turnberry Resort & Spa
Marriott Signed 125,000 Rooms and Opened More Than 80,000 Rooms In 2018
Marriott International (NASDAQ: MAR) today announced record organic rooms signings in 2018, ending the year with a record global pipeline. In 2018, the company signed management and franchise agreements for 816 properties, comprised of 125,000 rooms, while opening nearly 500 properties comprised of more than 80,000 rooms around the world across its portfolio of 30 brands. Read More
Hotel Development Colorado
Construction Underway at Hilton Dual-Brand Hotel Project in Downtown Denver
Colorado Convention Center
The dual-brand property broke ground in November 2017 and will feature both a Tru by Hilton and a Home2 Suites by Hilton. Read more
Hotel Development Morocco
The Barceló Hotel Group Expands to Marrakesh With the Purchase of a 5-Star Resort for €35 Million
Barceló Palmeraie
The hotel group has also bought two pieces of land: one next to the resort for 120 additional rooms and the other only three kilometres from the city centre, where the Barceló Hotel Group plans to build a new 5-star hotel with 160 rooms. Read more
Hotel Development Myanmar
Dusit International Signs to Manage First Asai-Branded Hotel in Yangon, Myanmar
ASAI Yankin
ASAI Yankin slated to open in 2020 Read more
Hotel Development Mexico
Sbe Announces 10 Hotel & Residential Projects in Mexico
Mondrian Polanco Hotel & Residences to Debut in 2021 Followed by Mondrian Del Valle in 2022 Read more
AccorHotels Acquisition
AccorHotels Announces the Preliminary ResultsOf the Tender Offer for Orbis S.A. Shares
Following the settlement of the Offer and subject to the final confirmation of the number of shares submitted by the investors in the Offer, AccorHotels will own, directly and indirectly, 85.8% of Orbis’ share capital. Read more
Hotel Development France
Louvre Hotels Group to Open 12 Kyriad Direct Hotels
Louvre Hotels Group to Open 12 Kyriad Direct Hotels
Louvre Hotels Group announced the upcoming opening of more than 12 hotels, in 12 cities and 800 Kyriad Direct rooms in France, by early 2019. Read more
Hotel Development Thailand
IHG Signs First Voco Hotel in South East Asia
IHG (InterContinental Hotels Group) has signed a management agreement with B&G Estate Co., Ltd. for a new-build voco in Bangkok, Thailand - the first to be announced in South East Asia. Read more
Hotel Development West Virginia
Historic Hill Top House Hotel in West Virginia Founded in 1888 to Be Developed Into Luxury Destination Retreat
Hill Top House Hotel
SWaN Hill Top, LLC (SWaN) and Interstate Hotels & Resorts have partnered to resurrect the historic Hill Top House Hotel, founded in 1888, into a luxury resort destination in Harpers Ferry, West Virginia, focused on incubating 'big ideas.' Read more

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In Brief...

Possessory Interest
HVS Report - Possessory Interests in Hotel Real Estate - By Erich Baum

Choice Hotels Development Update
Choice Hotels Announces Western US Multi-Unit Agreement for 15 Hotels

Hotel Transaction Mississippi
Quality Inn & Suites Hotel in Jackson, Mississippi for Just Under $2.4 Million

Hotel Development Catskills
Benchmark Adds The Kartrite Resort & Indoor Waterpark to Its Portfolio

Hotel Development Dubai
Mandarin Oriental Jumeira Dubai to Open In Q1 2019

Hotel Transaction Manhattan
Embassy Suites New York Midtown Manhattan Sold for $195 Million

Hotel Development Florida
Disney's Riviera Resort Now Accepting Guest Reservations

Hotel Development Los Angeles
Pendry West Hollywood Hotel on Sunset Strip in West Hollywood Announced for 2020

U.S. Hotel Transaction Trends
HVS Report - Many Hotel Sellers Won Big in 2018 - By Rodney G. Clough

Hotel Development Japan
Four Seasons Resort and Private Residences Okinawa Announced

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