With thoughtfully designed spaces and guest experiences focused on connection, Crowne Plaza remains a top choice for hybrid travellers
MCLEAN, Va. (February 12, 2025) – Tapestry Collection by Hilton ended 2024 with a remarkable milestone, celebrating its 150th hotel opening and paving the way for even greater global expansion. This was achieved through five bold first-in-country and territory debuts in Australia, Bonaire, Paraguay, Thailand and the United Arab Emirates. These standout additions mark an exciting…
PORTSMOUTH, NH – November 13, 2024 The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE). At the close of Q3, the total APEC hotel construction pipeline reached new record highs of 2,072…
Hyatt Hotels Corporation (NYSE: H) today announced the planned acquisition of the brands and most of the affiliates of pioneering lifestyle company Standard International, parent company of The Standard and Bunkhouse Hotels brands. This move enhances Hyatt’s position as the leader in the industry’s premier lifestyle space, building on both its organic growth and a series of acquisitions that quintupled the number of lifestyle rooms in Hyatt’s global portfolio between 2017 and 2023. The transaction is anticipated to close later this year, subject to customary closing conditions.
May 9, 2024 – PORTSMOUTH, NH As seen in the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms. This new all-time high represents a 7% year-over-year (YOY) increase in projects and a…
November 13, 2023 – PORTSMOUTH, NH In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, continued to show steady year-over-year (YOY) growth to end the third quarter of 2023 at 1,929 projects/398,199 rooms, up 3% by projects YOY. Projects currently under construction in the…
May 17, 2023 – PORTSMOUTH, NH As seen in Lodging Econometrics’ (LE’s) most recent Asia Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline. The region currently has 943 projects under construction, with 213,900 rooms, and 300 projects…
The emerging IHG Hotels & Resorts’ brand reaches milestone in just five years of its first-ever hotel opening Launched in 2018, voco hotels has quickly become the fastest-growing brand within IHG Hotels & Resorts’ Premium collection with properties in 18 countries and new-to-market hotels opening in Japan, Kenya, Spain and India. With 46 open hotels…
Aiden doubles portfolio of boutique hotels as the brand launches in Scandinavia and India Phoenix, Arizona (January 23, 2023) – BWH Hotel Group® is expanding its upscale, chic boutique brand, Aiden, as the brand is set to grow by over 200% in the years ahead with the portfolio doubling in 2023 alone. Highlights of the brand…
BETHESDA, Md., Jan. 23, 2023 /PRNewswire/ — At the Americas Lodging Investment Summit (ALIS) in Los Angeles, Marriott International, Inc. (Nasdaq: MAR) announced that the company’s deal signings accelerated again in 2022. The company signed an average of two deals a day, for a total of 726 management and franchise agreements, an increase of 21 percent over 2021…
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