Hotel Development News
May, 8 2019
 
 
 
Accor launches plan with WOJO to become largest coworking brand in Europe by 2022
 
Accor Launches Plan with WOJO to Become Largest Coworking Brand in Europe by 2022
 
Accor today announced a plan to implement 1200 coworking spaces in under 3 years for WOJO to become the leading coworking brand in Europe by 2022. Read More
 
Urban Hotel Group
GreenTree Hospitality Group Enters into Strategic Cooperation and Investment Agreement with Urban Hotel Group
 
GreenTree Hospitality Group Ltd. (NYSE: GHG), a leading franchised and managed hotel chain in China, today announced that it has entered into a Strategic Cooperation and Investment Agreement with the Urban Hotel Group, an owner and operator of hotels and cafes in China. Read more
 
Hilton Garden Inn Development Update
Hilton Garden Inn Expands Footprint in Africa
Hilton Garden Inn Tanger City Center
 
Hilton Garden Inn is celebrating strong growth in Africa with four open properties and an additional 14 in the pipeline just three years after opening its first hotel on the continent in 2016. Read more
 
Oyo Acquisition
Oyo: India's Fast-growing Hotel Chain Expands in Europe - BBC
 
India's fast-growing hotel chain Oyo will expand in Europe with the purchase of an Amsterdam-based vacation rental firm. Read more
 
Hotel Development California
Next REVERB By Hard Rock To Be Located In Sonoma Wine Country
 
Located in northern California in the heart of the Sonoma County winemaking region, the 150-room hotel will feature indoor and outdoor areas that allow guests to relax while they experience the local music scene. Read more
 
Hotel Development Australia
Accor Announces New Art Series Hotel for Perth - Opening October 2019
Accor Announces New Art Series Hotel for Perth - Opening October 2019
 
Accor announced it will open its ninth Art Series hotel in Perth’s CBD in October 2019. The $90 million hotel by developer George Atzemis is located at 900 Hay Street, Perth. Read more
 
Hotel Development California
Hacienda De Léal in Monterey Bay Area Joins Ascend Collection
Hacienda de Léal in Monterey Bay Area Joins Ascend Collection
 
panish-Themed Hotel in San Juan Bautista Inspired by Historic California Mission Read more
 
JA Resorts & Hotels Development Update
JA Resorts & Hotels Growth and Expansion Plans
JA Lake View Hotel at JA The Resort Dubai
 
JA Resorts & Hotels, one of Dubai's longest-serving homegrown hospitality brands, has recently announced growth and expansion plans; from a growth trajectory to Tanzania and beyond, a 30+ hotel expansion into China aimed at Millennials, and 10 new Food & Beverage concepts set to open in 2019. Read more
 
Park Hotels Chesapeake Lodging Trust Merger
Park Hotels & Resorts Acquires Chesapeake Lodging Trust for $2.7 Billion
Hyatt Herald Square New York
 
Park Hotels & Resorts Inc. (NYSE: PK) and Chesapeake Lodging Trust (NYSE: CHSP) today announced that they have entered into a definitive merger agreement under which Park will acquire all the outstanding shares of Chesapeake in a cash and stock transaction valued at approximately $2.7 billion (inclusive of transaction costs). Read more
 
Hotel Real Estate Trends
The 2019 LIIC Top Ten - Hotel Real Estate: Mostly Sunny Days Clouded by Labor Issues - By Jim Butler
The 2019 LIIC Top Ten - Hotel Real Estate: Mostly Sunny Days Clouded by Labor Issues
 
Greetings from Los Angeles and the beautiful Hyatt Regency LAX! Today, we kicked off Meet the Money® 2019 – the National Hotel Finance & Investment Conference hosted by JMBM’s Global Hospitality Group® – with the LIIC Top Ten. Presented by my friend, Mike Cahill, CEO and Founder of HREC and one of LIIC’s co-chairmen, the LIIC Top Ten reflects the perspectives of the industry’s most active members in the hospitality market. Read more
 

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In Brief...
 

Lifestyle Hotels
Why Lifestyle Hotels Are Not Just for Millennials

Hotel Transaction Indiana
MCR Acquires Two Hotels in Indianapolis

Hotel Development Italy
Radisson Collection Hotel Santa Sofia Milan to Open in 2022

Hotel Development Nashville
Cambria Hotel Nashville Airport Breaks Ground

Hotel Development Canada
Hotel Equities Expands Canadian Portfolio With the Addition of Six Hotels

Hotel Development Malaysia
Hyatt Announces Plans for Hyatt Centric Kota Kinabalu in Malaysia

 
 
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