Hotel Development News
December, 20 2016
 
 
 
Hotel Development New York
TWA Terminal Hotel Celebrates Groundbreaking with a New Rendering - Curbed
 
This morning, former TWA employees, elected officials (including Queens borough president Melinda Katz), developer MCR, and even Governor Andrew Cuomo gathered inside Eero Saarinen’s space age headhouse to celebrate the groundbreaking of the new TWA Hotel. Read more
 
Hotel Opening Thailand
Converted Best Western Hula Hula Ao Nang Resort Opens in Thailand
Converted Best Western Hula Hula Ao Nang Resort Opens in Thailand
 
The Hula Hula Resort & Spa, which is nestled in the heart of Ao Nang, Krabi’s main tourist area, will be rebranded as the Best Western Hula Hula Ao Nang Resort in December 2016. Read more
 
Hoteles City Express Development Update
Hoteles City Express Announces the Opening of 7 Hotels Concluding Its 2016 Development Pipeline
 
With these new properties, the Company will reach 5.3 million room nights installed, 123 hotels in operation and more than 13,700 rooms installed before year end. Read more
 
Hotel Portfolio Transaction
American Hotel Income Properties Acquires Three Embassy Suites Hotels for US$124.0 Million
 
American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries the previously announced strategic portfolio of three Embassy Suites by Hilton branded hotels totaling 782 guestrooms located in proximity to Columbus, Cleveland and Cincinnati, Ohio Read more
 
Hotel Portfolio Sale
Xenia Hotels & Resorts Sells Four Hotels For $119 Million
Hilton St. Louis Downtown
 
Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced that it has sold the 162-room Homewood Suites by Hilton Houston Near the Galleria, the 148-room Hampton Inn & Suites Denver Downtown, the 178-room Hilton Garden Inn Chicago North Shore / Evanston, and the 195-room Hilton St. Louis Downtown for a combined sale price of approximately $119 million. Read more
 
Hotel Development Greece
Choice Hotels Announces Development Agreement for Greece
Choice Hotels Announces Development Agreement for Greece
 
First hotel expected to open in Athens in summer 2017 Read more
 
Hotel Development North Carolina
Local Developers Partner with Concord Hospitality on Front Street Village Hotel
 
Construction on the 100+-room hotel is slated to begin in early 2017, with a spring 2018 opening. A major branded flag will be announced January 2017. Read more
 
Hotel Development Georgia
206 Room Hilton Tbilisi Hotel to Open 2019 in the Capital of Georgia
Rendering of the Hilton Tbilisi Hotel
 
Hilton (NYSE:HLT) today announced plans to introduce its Hilton Hotels & Resorts brand to the capital of Georgia with the signing of a management agreement with Granat LLC. The 206-guest room Hilton Tbilisi is set to open in early 2019. Read more
 
Construction Pipeline Asia Pacific
Asia Pacific Hotel Rooms Under Contract Up 5.7 Percent YOY for November 2016
 
The region reported 254,471 rooms in 1,099 projects In Construction for the month. Based on number of rooms, that is a 0.8% decrease in year-over-year comparisons. Read more
 

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In Brief...
 

Construction Pipeline Caribbean And Mexico
Caribbean And Mexican Hotel Rooms Under Construction For November 2016 Up 9.1 Percent over 2015

Construction Pipeline Central/South America
Central And South America Hotel Rooms Under Contract For November 2016 Down 4.8 Percent From 2015

Construction Pipeline U.S.
U.S. Hotel Construction Pipeline for November 2016 Up 21.2 Percent over 2015

Construction Pipeline Europe
European Hotel Pipeline For November 2016 Up 13.3 Percent over 2015

Construction Pipeline Middle East And Africa
Middle East Hotel Development Pipeline Under Contract Up 10.8 Percent YOY for November 2016

 
 
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