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2008-03-03 Hotel Development News

Development

First Mövenpick Hotels & Resorts Project in Syria
Mövenpick Hotels & Resorts has taken yet another important step in its Middle East expansion strategy. A management agreement for a modern 5-star hotel in the heart of the Syrian capital, Damascus has just been signed with the owning company Toumeh International Group. The new Mövenpick Hotel Damascus, which will form part of a large shopping mall, is already under construction and scheduled for completion in 2010. ...more

Kolter Commercial Launches Hilton Hotel and Office Complex - Palm Beach Gardens, Florida
Kolter Commercial Launches Hotel and Office Building Complex in the Gardens ...more

IHG Signs Agreement for New InterContinental Maracaibo in Venezuela
Hotel will be the Fourth InterContinental Branded Property in the Country ...more

IHG's Extended-Stay Brands Grow Strong Pipelines in 2007
Staybridge Suites and Candlewood Suites produce over 24% of the Americas' room signings ...more

New Holiday Inn Express Coming to Downtown Boston
Renovated historic property to open this summer ...more

Staybridge Suites Continues Growth With Two New Extended-Stay Properties in Canada
Staybridge Suites Guelph and Staybridge Suites Oakville-Burlington are welcomed into thriving communities ...more

Wyndham Hotels and Resorts to Enter New Caribbean Market: St. Croix
Wyndham Hotels and Resorts today announced it will enter a new Caribbean market with the development of the luxury 400-room Wyndham(R) St. Croix Golf Resort and Casino, which will become the keystone of a $250 million complex that includes a new 43,000-square foot conference center on St. Croix, U.S. Virgin Islands. ...more

MHI Hospitality Corporation to Acquire Hampton, Virginia Hotel for $7.75 Million
MHI Hospitality Corporation (AMEX:MDH) announced today that the Company has entered into a definitive agreement to purchase the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or approximately $45,000 per room. ...more

Carlson Hotels Worldwide Adds Six Properties to Its Global Portfolio Since January 1
Announces New Deal Signings for Major Global Markets ...more

Encore Suites, the New Luxury Resort at Wynn Las Vegas, to Be Unveiled December 2008
Encore Suites will premiere in December 2008. The Encore Suites resort complements Wynn's repertoire of accommodations, culinary offerings and exciting leisure activities to include five new signature restaurants, 11 retail outlets, seven cozy bars and lounges, an ultra-chic nightclub and a luxurious spa and salon. ...more

St. Regis Makes the Next Stop on Its Global Expedition with the Debut of the St. Regis Bahrain
St. Regis Continues Dynamic Growth Path as it Announces Plans to Expand in the Middle East ...more

Choice Hotels Continues Successful Recruiting of Minority and Non-Traditional Franchisees
Worldwide lodging franchisor Choice Hotels International (NYSE:CHH) announced that its emerging markets team added 40 new franchisees in 2007 - approximately a 15 percent increase over 2006. ...more

Wyndham Vacation Ownership Acquires Property in New Braunfels, Texas
Company Purchases Multiple Vacation Ownership Units in Activity-Rich Area Between Austin and San Antonio ...more

Kenya: Rezidor to Open a New Radisson in Nairobi
The Rezidor Hotel Group (STO:REZT) arrives in East Africa's largest city, Nairobi/Kenya: The company will manage the new Radisson Hotel Nairobi featuring 244 rooms located in Upper Hill, the upscale new financial and business district of Nairobi. The hotel is scheduled to open in early 2010. ...more

Hawaii's Outrigger Enterprises Appointed Exclusive Manager for New Luxury Resort at Phuket, Thailand
Outrigger Enterprises Group has been selected to manage the 400 room luxury full service hotel being built in the exciting new West Sands mixed use resort under construction on Mai Khao Beach on the northwestern shore of Phuket, Thailand. The West Sands Resort will also feature 98 luxury villas and 336 condominiums, along with stand-alone restaurants and a world class water park. ...more

Hilton Hotels Corporation Continues Expansion in Italy with Agreement to Open Hilton Garden Inn Bologna/San Lazzaro
Hilton Hotels Corporation today announced that it has signed a franchise agreement with DIMATOUR to open the new Hilton Garden Inn(R) Bologna/San Lazzaro in Italy. ...more

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