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2007-12-03 Hotel Development News

Development

Marriott International to Enter the Maldives with a 100-Villa Renaissance Resort in 2009
The first Marriott International-branded resort in The Republic of Maldives, one of the world's premiere resort destinations, will open in 2009 under a management agreement with ADK Travels Private Ltd. ...more

Marriott International To Add Second Courtyard Property To Its Porfolio In Switzerland
174-room Courtyard by Marriott Property Scheduled for Basel in 2010 ...more

Armani Hotels and Resorts awards long term license to EMAAR
Giorgio Armani S.p.A. is awarding a long term license to EMAAR Hotel & Resorts for the operation of a collection of luxury hotels and resorts. ...more

Harrah's Entertainment and Sumner Gaming and Resorts Announce a $500 Million Destination Casino Proposal for Sumner County, Kansas
Harrah's Entertainment, Inc. (NYSE:HET) and Sumner Gaming and Resorts announced today their proposal for a destination resort to be located in Sumner County, Kansas, which was submitted to the Sumner County Commission today for its consideration. ...more

Quinlan Private to Form Joint-Venture with SCD Group on €450 Million Mega Development at Lake Balaton in Hungary
This landbank comprises 21 separate development sites and the investment programme will primarily focus on developing hotels, leisure parks and other tourism related and residential properties. ...more

Bermuda Premier Launches Effort to Build Island's First Large-Scale Luxury Hotel in Decades
$300 Million Project To Be Bermuda's Most Environmentally Advanced Hotel ...more

Hotel Brokers International Announces 2008 Meeting, January 21-24
49th Annual Gathering to be Held at Flamingo Las Vegas ...more

Crowne Plaza Americas Pipeline Grows 51% in First Nine Months of 2007
Crowne Plaza Hotels & Resorts was instrumental in contributing to IHG's (InterContinental Hotels Group) growth momentum in the Americas region during the first nine months of 2007 as the company expanded its pipeline to nearly 132,000 rooms (over 1,200 hotels). Since the beginning of the year, Crowne Plaza has signed 24 agreements with nearly 7,000 rooms in the region - growing the brand's Americas pipeline by 51 percent and increasing its room count by 10 percent. ...more

Hard Rock International and Lagomar Resort Announce Development of Hard Rock Hotel Panama
Resort Property to Offer a Four-Star, Luxury Environment Combined with Unique Rock Vibe ...more

Noble Investment Group Acquires the Richardson Hotel
Announces Plans to Convert Upscale Asset to the 342-room Hyatt Regency North Dallas ...more

Corinthia Hotels International To Operate The First Wyndham Hotel In Morocco
Malta-based hotel operators Corinthia Hotels International (CHI) and Essential Developments, a development company based in the Isle of Man, announced the signing of a technical assistance agreement and a 15-year hotel management agreement of the new 'Wyndham Port Lixus Resort' - a Euro 58.4 million upscale hotel project to be built by Essential Developments on the northern Atlantic coast of Morocco. The resort location is adjacent to the city of Larache and a convenient 40 minutes south of Tangier International Airport. ...more

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