Hotel Development News

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2008-04-03 Hotel Development News

Development

CHM Selected as Hotel Asset Manager of the Renaissance M Street Hotel - Washington, D.C.
European Investment Firm Recognizes Value of a Hotel Asset Manager ...more

IHG enjoys robust growth in India with 14 new-look Holiday Inn hotels under development
Brand expansion to 11 cities ...more

St. Louis to Get Third Hotel Indigo
The property is a conversion of the Daniele Hotel in downtown Clayton, originally built in 1964, and is scheduled to open in early 2009. ...more

DLF-Hilton Announce Seven New Hotel Developments in India
DLF-Hilton Reveals New Projects Under the Hilton, Hilton Garden Innand Homewood Suites by Hilton Brands, Part of the Overall Plans to Develop and Operate 75 Hotels in India in the Next Five to Seven Years ...more

Four Points by Sheraton Plans to Open Six New Hotels in Asia Pacific This Year
Five new hotels in China and its first in Malaysia and Vietnam ...more

John Q. Hammons Announces New, European-style Hotel near Branson, Mo., Two Miles from Branson Regional Airport in Popular Branson Creek
At a press conference held today in John Q. Hammons Hotels & Resorts' headquarters city of Springfield, Mo., hotel legend Mr. John Q. Hammons announced his plans to develop a new, European-style hotel at the burgeoning 7,500-acre Branson Creek, Branson, Mo. area's premier master planned community. ...more

Courtyard by Marriott Gets Extreme Lobby Makeover
New Interactive Website - gocourtyard.com - Showcases New Guest-driven Courtyard Hotel Lobby Redesign ...more

Sleek Design, High-Tech Conveniences and Value: Red Roof Inns Unveils New Face of Economy Lodging
Minimalist. Simple. Modern. Authentic: Next Generation Redesign a WOW for Consumers and Investors ...more

Tropicana Entertainment Enters into Definitive Agreement to Sell Casino Aztar
Eldorado Resorts to pay up to $245 million for the Evansville, Indiana casino hotel complex ...more

Molinaro Koger Advises Procaccianti in Sale of Marriott Hotel Richmond
Molinaro Koger (MK) announced today that they have structured the sale of the Richmond Marriott Hotel to Apple REIT Seven, Inc., a Richmond-based investment company, on behalf of The Procaccianti Group. The 18-story, 401-room downtown convention center hotel has retained the Marriott flag and will be managed by White Lodging following the sale. ...more

Anantara Hotels & Resorts Announces Development Joint Venture with Kempinski Hotels & Resorts
Anantara Hotels & Resorts announced the formation of a joint venture with Kempinski Hotels & Resorts for strategic development opportunities in Europe and Asia. ...more

Noble Investment Group Acquires the Kansas City Marriott - Country Club Plaza Hotel
Acquisition Consistent with Noble's Value-Added Investment Strategy ...more

Sheraton Hotels Launches Global Effort to Revitalize Iconic Brand
Starwood Hotels Largest Brand to Upgrade 100 U.S. Hotels, Renovate 50,000 Guestrooms and Re-Design More Than 100 New Lobbies ...more

Shangri-La 's Far Eastern Plaza Hotel, Tainan To Open Third Quarter 2008
Asia Pacific's leading luxury hotel group, Shangri-La Hotels and Resorts, has signed a contract with Far Eastern Group to manage Shangri-La's Far Eastern Plaza Hotel, Tainan, opening the third quarter of 2008. ...more

Rome Cavalieri to Join the Waldorf=Astoria Collection
After Four Decades as Italy's Leading Hotel, Rome Cavalieri Becomes the First Hotel in Europe and the Sixth Globally to Join the Luxury Brand of Hilton Hotels Corporation ...more

Potential Merger Would Create New European Hospitality Giant
Whitbread pushes Premier Inn Travelodge merger ...more

Accor Strengthens Its Presence In Vietnam
Launch of three Pullman and two Mercure hotels - Two new Novotel hotels - Opening of Accor Vietnam representative office in Ho Chi Minh City ...more

Boutique-style hotels embrace the suburbs
Visiting the suburbs no longer has to mean staying in a cookie-cutter hotel. ...more

Host Hotels & Resorts and GIC Real Estate Pte Ltd Announce the Formation of an Asian Joint Venture
Host Hotels & Resorts, Inc. (NYSE:HST) and RECO Hotels JV Private Limited, an affiliate of GIC Real Estate Pte Ltd, have entered into a joint venture, structured as a Singapore corporation. GIC Real Estate is the real estate investment company of the Government of Singapore Investment Corporation Pte Ltd. ...more

Optimum Hotel Brokerage Sells Best Western Berkshire Inn In Danbury, Connecticut
Optimum Hotel Brokerage announced today that the firm has closed on the sale of the Best Western Berkshire Inn in the Town of Bethel (Danbury), Connecticut. The property includes a 69-room hotel and two commercial office buildings, and occupies a prominent and highly visible location on Interstate 84. ...more

AHDP Break Ground on Holiday Inn Express Savannah
American Hotel Development Partners, LLC announced today that they have broken ground on their Holiday Inn Express Inn & Suites project located in Savannah, Georgia. ...more

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