Hotel Development News

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2007-11-27 Hotel Development News

Development

Hotel Franchise Development Cost Guide
The purpose of this U.S. Hotel Franchise Development Cost Guide, prepared by HVS, is to provide a summary of the total development cost ranges, exclusive of land, that are applicable to various hotel franchise brands as described in their respective Uniform Franchise Offering Circular (UFOC) documents. ...more

Relais & Chateaux Announces New Members for 2008
34 Privately-Owned Hotels & Restaurants Join the Global Association ...more

Best Western Adds Another Borneo Property
Best Western Kinabalu Daya Hotel will soon open its doors in the Sabah capital Kinabalu as the chain continues expanding its brand in Malaysia ...more

WexTrust Capital forms Axela Hospitality
Axela Hospitality Acquires Phoenix Crowne Plaza Hotel ...more

Sino Express Travel Acquires Southern Silver Resort & Beach
Announces New Business Direction in the Development of Tourist Destinations in China ...more

Ashford Hospitality Announces $75 Million of Asset Sales
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has completed the previously disclosed sale of the Residence Inn Kansas City in Kansas City, Missouri, for $7.0 million and now has a firm contract in place to sell the JW Marriott New Orleans in New Orleans, Louisiana, for $67.5 million in cash and assumed debt. ...more

Park Hyatt Koh Samui to Open in 2009
Hyatt to Manage Hotel and Private Residence Villas at Exclusive Thai Resort ...more

Raptis Group Unveils Hilton Surfers Paradise Hotel and Residences
Raptis Group has unveiled plans for a new deluxe hotel to be created in central Surfers Paradise - the Hilton Surfers Paradise Hotel and Residences. The development will house approximately 170 luxury hotel rooms and 340 premier apartments. ...more

Hilton Hotels and Raptis Group Unveil Hilton Surfers Paradise Hotel & Residences
Raptis Group today unveiled plans for a new deluxe hotel to be created in central Surfers Paradise - the Hilton Surfers Paradise Hotel and Residences. The development will house approximately 170 luxury hotel rooms and 340 premier apartments. ...more

Portfolio Hotels & Resorts to Manage Radisson Los Angeles Airport
Chicago-based Portfolio Hotels & Resorts announced today the addition of the Radisson LAX to its management portfolio. The 580-room full service hotel is situated adjacent to Los Angeles Airport, at the intersection of West Century and Sepulveda Boulevards. ...more

Michael Mina To Open His First Restaurant In The Grand Canyon State At Fairmont Scottsdale In February 2008
Celebrated Chef to Launch BOURBON STEAK, His Only Arizona Restaurant at the Prestigious Resort ...more

Langham Hotels International Expands Into Shanghai With Its First Art-Deco Boutique Hotel
Langham Hotels International (LHI) announces the signing of a new management contract with Shanghai Hengshan (Group) Corp. for the launch of its first boutique hotel - The Langham, Yangtze Boutique, Shanghai. ...more

Intercontinental Hotels & Resorts to Open World-Class Luxury Resort in Mauritius
Hotel brand's first resort in African region forms part of aggressive growth plan ...more

Wyndham Brand Introduces The Wyndham Grand Collection
Wyndham Hotel Group introduced The Wyndham Grand Collection, an ensemble of elegant, one-of-a-kind hotels within the Wyndham Hotels and Resorts brand aimed at guests looking for unique experiences in distinctive destinations around the world. ...more

Interstate Hotels & Resorts Named by Inland American Lodging Corporation to Manage Nine U.S. Hotels
Interstate Hotels & Resorts (NYSE:IHR) today announced that the company has signed management agreements with affiliates of Inland American Lodging Corporation for nine hotels recently acquired by Inland American Real Estate Trust, Inc. Interstate assumed management of the hotels today. ...more

Hilton Garden Inn Continues Expansion and Signs Agreement to Open First Hotel in Perm, Russia
Through a franchise agreement with Hotels of Ural Ltd., the agreement will involve the conversion of the existing Plaza Olympia hotel to the new Hilton Garden Inn Perm which is scheduled to open in late 2008. ...more

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