Hotel Development

Plaza Hotel’s Owner Entertains Offers

The majority owner of Manhattan’s storied Plaza Hotel is entertaining offers for the property, according to people familiar with the… Read More »Plaza Hotel’s Owner Entertains Offers

Hotel investment volumes in Asia reached USD 7.5 billion at the end of 2013, up 218 percent on 2012 and… Read More »Hotel investment volumes in Asia soared 218% to USD 7.5b

Hilton Worldwide today announced the signing of a new management agreement with PT. Bali Ragawisata for the first Waldorf Astoria… Read More »Waldorf Astoria Hotels & Resorts Announces Entry into Indonesia

Starwood Hotels & Resorts Worldwide, Inc.?announced today at the Sheraton Hotels General Manager Summit in Seattle that Sheraton Hotels ?… Read More »Starwood Has Big Plans for Sheraton in Next Year

M?venpick Hotels & Resorts?has just taken over a five-star landmark hotel in Karachi from Sheraton, marking the first property in… Read More »Organic expansion energises M?venpick Hotels & Resorts

Starwood Capital Group, a leading global private investment firm, announced today that it has acquired, through a controlled affiliate, U.K.… Read More »Starwood Capital Group Acquires De Vere Venues

Europe’s hotel sector is finding its financing options are the best in years as investors seek better returns in a… Read More »New financing choices help revive Europe’s hotel industry

Following the success of its establishments across Europe, Egypt and China, the Steigenberger Hotel Group is pursuing its plans for… Read More »Steigenberger Hotel Group goes Middle East and introduces new InterCityHotel in Dubai

The Hongkong and Shanghai Hotels, Limited (HSH) and Yoma Strategic Holdings Ltd. have announced a definitive shareholders? agreement for the… Read More »The Hongkong and Shanghai Hotels, Limited and YOMA Strategic Holdings Ltd Sign Agreement to Develop the Peninsula Yangon

Marriott Hotels, the flagship brand of Marriott International, and Miyako Hotels & Resorts announces the highly anticipated opening of the?Osaka… Read More »Marriott International opens first Marriott Hotel in Osaka

CIM Group and Denihan Hospitality Group announced today an agreement to bring?The James?hotel brand to the Los Angeles area, where… Read More »CIM Group and Denihan Hospitality Group announce the first west coast location of The James Hotel Brand

Le M?ridien Hotels & Resorts today announced another unprecedented year of growth with 11 new hotels expected to open within… Read More »Le Meridien embarks on second year of unprecedented growth

Hilton Worldwide has signed a management agreement with First Qatar Real Estate Development Company to open the Hilton DohaThe Pearl… Read More »Hilton to open resort on Doha’s Pearl Island

Time was, gamblers didn?t even want credit card companies maintaining a record of their time in Las Vegas. Now, visitors… Read More »Nevada casino chains partnering with hotel chains

InterContinental Hotels Group (IHG?), one of the world?s largest hotel companies has announced the signing of Holiday Inn Express? Moscow… Read More »IHG? signs Holiday Inn Express? Moscow – Sheremetyevo Airport

Since 2010, Marriott International has opened or signed almost 27,000 new rooms and launched five brands in Europe; Autograph Collection,… Read More »Marriott International in Europe announces 27,000 new rooms and launches five brands in four years

AVANI Hotels & Resorts,?the vibrant upscale brand launched by Thailand-based?Minor Hotel Group?in 2011, has added its fifth property ??AVANI Sepang… Read More »AVANI Sepang GoldCoast Resort in Malaysia becomes the brand’s fifth property

Hilton Worldwide has expanded its presence in Beijing with the opening of the Chinese capital’s first Waldorf Astoria. The 176-room… Read More »Waldorf Astoria opens in Beijing, with spa set for April launch

InterContinental Hotels Group (IHG?), one of the world?s largest hotel companies has announced the signing of two more hotels in… Read More »IHG? signs two more hotels under two Multiple Development Agreements in Germany

From the International Hotel Investment Forum (IHIF) in Berlin, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced plans to… Read More »Starwood Hotels & Resorts to expand European portolio by 40% with the opening of more than 60 new hotels by 2020