Hotel Development News
May, 21 2019
 
 
 
How to Add Value to Your Hotel Asset
 
HVS Report - How to Add Value to Your Hotel Asset - By Carrie Russell
 
Although it may seem that a hotel’s value is fixed and determined solely by external forces, in actuality there are hundreds of opportunities to make adjustments that result in value enhancements. Read More
 
Hotel Development Sydney
Voco Sydney Central Hotel Announced for 2020
voco Sydney Central Hotel Announced for 2020
 
Part of Linzhu Australia’s 430 Pitt Street mixed-use development, the property features a seventeen-storey tower with a sloping roof featuring unique 'green waterfalls'. Read more
 
Hotel Transaction Pennsylvania
Chatham Lodging Trust Sells Western Pennsylvania Hotels
 
Chatham Lodging Trust (NYSE: CLDT) today announced that it has sold the 105-room Courtyard by Marriott Altoona, Pa., as well as the 86-suite SpringHill Suites by Marriott Washington, Pa. for approximately $10 million. Read more
 
Hotel Development U.S. Georgia
The Alida Hotel in Savannah, Georgia Joins Tribute Portfolio
The Alida Hotel in Savannah, Georgia Joins Tribute Portfolio
 
Designed by Gunn Meyerhoff Shay Architects, the boutique hotel was named after Alida Harper Fowlkes, a celebrated local entrepreneur who worked tirelessly to preserve the cities heritage. Read more
 
Hotel Development Florida
JW Marriott Marco Island Beach Resort Completes Three Year, $320 Million Renovation Project
JW Marriott Marco Island Beach Resort Completes Three Year, $320 Million Renovation Project
 
The completion of the all-new Lanai Tower was the final stage in a magnificent three-year, multi-phase reimagining that touched every aspect of the resort, from an enhanced grand entrance, complete renovations of existing rooms and suites, expansion of pool decks and the addition of five new restaurants - Ario, Maia and Kane Tiki Bar & Grill. Read more
 
HVS Latin America
HVS Continues to Expand Its Presence in Latin America
 
HVS CEO Stephen Rushmore Jr. and HVS Americas President Rod Clough announced that the firm’s Mexico City practice has assumed responsibility for expanding the HVS presence across Latin America under the leadership of Richard Katzman. Read more
 
Hotel Portfolio Transaction
PAI Partners Enters into Exclusive Negotiations to Sell B&B Hotels to Goldman Sachs
 
The transaction will be subject to employee consultations and approval of regulatory authorities. It is expected to close in the second half of 2019. Read more
 
Hotel Development San Antonio
112 Room Hotel Coming to the San Antonio Riverwalk
112 Room Hotel Coming to the San Antonio Riverwalk
 
Harris Bay announces the ARTISTA HOTEL, a lifestyle and art-centric boutique hotel along the world-famous San Antonio Riverwalk. The hotel site was purchased in late April 2019 and will be transformed into a new 112-room boutique hotel. Read more
 
Hotel Development Portugal
Hyatt Regency Brand to Enter the Portuguese Market with Hyatt Regency Lisbon
Hyatt Regency Lisbon
 
Expected to open in late 2020, the hotel will feature 200 hotel rooms and apartments and will be located between Rua Guerra Junqueiro and Avenida da Índia, a stunning waterfront location facing Tejo River. Read more
 
Hotel Development Atlanta
The Whitley, A Luxury Collection Hotel, To Unveil Multi-Million-Dollar Transformation in June 2019
The Whitley, A Luxury Collection Hotel, To Unveil Multi-Million-Dollar Transformation in June 2019
 
The Whitley’s renovation includes a redesign of all 507 rooms (including 56 spacious suites) and a remodeled reception and lobby area that reflects a traditional Southern front porch. Read more
 

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In Brief...
 

Construction Pipeline Central/South America
Central/South America Hotel Construction Down 5.3% for April 2019

Hotel Construction Pipeline Caribbean/Mexico
Caribbean/Mexico Hotel Construction Up 30.7% for April 2019

Hotel Development Pipeline Asia Pacific
Asia Pacific Hotel Development Pipeline Under Construction Up 23.3% Percent YOY for April

Hotel Construction Pipeline Europe
European Hotel Construction Pipeline Up 48.6% in April

AVANI Hotels Hotels Development Update
Avani Hotels to Open Seven New Avani Properties in 2019, Including in Three New Countries

 
 
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