Development

Radisson Hotel Group has outlines plans to add 30 hotels and over 5,000 rooms to its portfolio across Europe, the Middle East and Africa in 2021.
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The Covid-19 pandemic has had an extraordinary impact on the global hospitality industry — yet Hilton saw continued growth and development across all categories and brands in 2020…
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February 2021 – today, nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears…
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Moving into 2021, hospitality company Banyan Tree Group is set to continue with its global expansion. The company has signed 20 hotel management agreements in 2020, adding to its pipeline of 35 properties opening over the next 3 years…
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Bangkok-based hotel owner, operator and investor Minor Hotels has signed a memorandum of understanding with Funyard Hotels and Resorts to its expand its portfolio of hotels in mainland China.
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Accor is kicking off the year with an encouraging development outlook and a full schedule of new hotel openings around the world…
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The European hotel transactions picture was dire in 2020 as hotel firms saved cash and two of the largest deals took place before COVID-19 erupted, but deals volume could grow in 2021 as more distress hits the market…
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Marriott International, Inc. (Nasdaq: MAR) continues to expand its portfolio, expecting to open 100 properties in Asia Pacific in 2021, bringing more brands and experiences to new destinations for guests across the region…
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Marriott International has announced what it is referring to as “the largest hotel-branded residential project announced to date worldwide”, located in the Vietnamese hub of Ho Chi Minh City.
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The hotel investment narrative since March is one of dried-up bank lending, and the only deals getting done are ones that were underway since well before the pandemic began.
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Radisson Hotel Group has added the first property under its premium Radisson Collection brand in Africa.
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Hyatt has opened its largest property to date in the Asia-Pacific region, with the unveiling of the 1,600-room Grand Hyatt Jeju.
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The global hotel industry continues to expand its footprint, even in the worst year on record for travel demand.
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Wyndham Hotels & Resorts has continued to cement its presence across Europe, Middle East, Eurasia and Africa (EMEA) with new openings and a series of strategic measures to support its hotel partners to respond to changes in demand and transition…
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Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,000 properties across 90 countries, is ramping up its plans for expansion in Australia with the announcement of Wyndham Grand® Adelaide, a major new…
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Hilton has announced plans to open three new hotels in Portugal, thereby doubling its portfolio in the country…
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Radisson Hotel Group plans to more than double its serviced apartments portfolio over the next five years across Europe, the Middle East and Africa.
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IHG and Radisson Hotel Group have added properties abroad in Poland, Hungary, the U.K. and Russia. They are:
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As part of its simplification and asset-light strategy, and with the ambition of accelerating its momentum in the fast-growing lifestyle hospitality sector, Accor has signed binding agreements on a new sbe Group’s ownership structure…
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According to the latest China Construction Pipeline Trend Report, analysts at Lodging Econometrics (LE) report that China's total hotel construction pipeline remains robust at 3,409 projects/634,119 rooms, up 1% by projects and rooms year-over-year…
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Kempinski Hotels has announced that it will open a luxury hotel in Switzerland’s ski resort village of Engelberg in spring 2021.
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By James Houran, Managing Director at AETHOS Consulting Group, Co-authored by Saree Mansbach
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Hilton has opened its first hotel in the Faroe Islands, the archipelago of 18 isles located between Iceland and Norway. The Hilton Garden Inn Faroe Islands is the first internationally branded hotel on the islands…
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Although the coronavirus pandemic brought the tourism industry to a grinding halt, certain areas of the hotel development sector have continued to progress despite the disruption brought on by the virus…
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