Hotel Development News
January, 26 2017
New Marriott Headquarters
Marriott, Near to Reaping $62 Million in Subsidies, Chooses Bethesda Site for HQ - Washington Post
Marriott International is still pressing to secure up to $62 million in state and county incentives for a new headquarters, and now the firm knows where it would like to spend it. Read more
New Hilton Brand
Hilton Launches 2nd Collection Brand
Hilton Launches 2nd Collection Brand
Seven hotels have signed letters of intent with the collection in the following cities: Syracuse, N.Y.; Chicago, Ill.; Nashville, Tenn.; Warren, N.J.; Hampton, Va., and two in Indianapolis, Ind. Read more
Marriott Development Update
Marriott International Signs 880 New Hotel Deals Representing 136,000 Rooms In 2016
Marriott Hotel Singapore South Beach Hotel
Marriott International (NASDAQ: MAR) announced that 2016 represented the strongest year of rooms growth in its history. Marriott opened a record 55,000 rooms in 2016, excluding the 381,000 rooms gained with the Starwood acquisition. Read more
Hotel Development Malaysia
367 Room Crowne Plaza Kota Kinabalu Waterfront Hotel to Open 2021 in Malaysia
Crowne Plaza Kota Kinabalu Waterfront Hotel to Open 2021
The opening of Crowne Plaza Kota Kinabalu Waterfront in 2021 will mark the entry of the brand into East Malaysia. The hotel will be part of a mixed-use development at a prime waterfront location in downtown Kota Kinabalu, sitting amindst high-end residences and a number of dining establishments which offer stunning views of the city's waterfront. Read more
Hotel Development California
Kimpton to Open Three Hotels in California
Kimpton to Open Three Hotels in California
Kimpton Hotels & Restaurants today announced two new hotels opening in Los Angeles in spring 2017, doubling the brand's presence in the city. Kimpton's Southern California expansion will continue later in 2017 with the launch of a new property in Palm Springs. Read more
Hotel Portfolio Transaction
American Hotel Income Properties Acquires Three Embassy Suites by Hilton Hotels for US$124 Million
Embassy Suites by Hilton Cincinnati Rivercenter Hotel
American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced today the completion of its previously announced strategic acquisition of three Embassy Suites by Hilton hotels located in proximity to Columbus, Cleveland and Cincinnati, Ohio for an aggregate purchase price of approximately US$124 million. Read more
G6 Hospitality Expands
Hotel 6 and Estudio 6 Brands to Open Ten Properties in Central America with InterAmerican Development Group Inc.
G6 Hospitalit today announced that it is extending its footprint to Central America. The hospitality group signed a new area development agreement with InterAmerican Development Group, Inc. (IADG), to bring its newly designed brands, Hotel 6 and Estudio 6, to Belize, Costa Rica, Panama and more. Read more
Hotel Development New Orleans
Virgin Hotels New Orleans Announced for 2019
Virgin Hotels New Orleans Announced for 2019
Virgin Hotels, the hotel brand by Virgin Group founder Sir Richard Branson, has announced plans to open and operate a new hotel in the Warehouse District of New Orleans. Read more
Hotel Development Los Angeles
Fairmont Century Plaza Los Angeles to Open In 2018
Fairmont Century Plaza Los Angeles to Open In 2018
Fairmont Hotels & Resorts and Next Century Associates yesterday announced the signing of definitive agreements for the revitalization and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles. Read more

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In Brief...

Hotel Investors Gauge
Hotel Lenders Express Cautious Outlook for Lending Environment In 2017

Hotel Development U.K.
Hilton Woking Hotel Coming to the U.K. in 2021

Trump Hotels Expansion
Trump Hotels is Planning a Massive US Expansion - Business Insider

Hotel Development California
132 Room Cambria Hotels & Suites to Open 2019 in Sonoma County

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