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2008-05-19 Hotel Development News

Development

Caribbean: Confidence High After Record Breaking CHTIC Highlights $100 Billion In Investments
Confidence High as Investment Community Looks at Caribbean for Future Development ...more

Accor says no plans to split up group, warns against 'creeping takeover' UPDATE
Accor chairman Serge Weinberg told shareholders the group has no plans to break up its activities and 'has the means' to develop both its hotel and services businesses in the medium term. ...more

Rezidor Announces the Radisson Hotel Cairo, Heliopolis
The new built property featuring 427 rooms and suites is scheduled to open in December 2008. ...more

30 Microtel Inn & Suites Hotels to Open by Year End 2008 Sporting Brand's New Prototype Design
Of the close to 40 new hotel openings planned for 2008, at least 30 new Microtel Inn & Suites hotels will open by the end of the year showcasing the Microtel brand's award-winning new prototype design, according to US Franchise Systems, Inc. (USFS), parent company of the franchisor of the Microtel brand. ...more

Molinaro Koger Arranges Sale of SunSpree Resort Orlando, Florida
Molinaro Koger (MK) announced today that Ali Baheri of the firm's metro-DC headquarters office facilitated the marketing and sale of the SunSpree Resort by Holiday Inn, Orlando, Florida, on behalf of Miami-based LNR Property Corporation. ...more

Nikki Beach Resort & Spa Set to Open in the Bay Islands, Honduras Caribbean Coast in 2010
Scheduled to open in fall 2010, Nikki Beach Resort & Spa Roatan, located in Honduras' stunning Bay Islands, will deliver over-the-top luxury and the brand's signature Nikki style with more than 100 luxury suites, penthouses and ocean view villas, a lavish spa, a mega-yacht marina and an 11-acre interactive nature park and reserve. ...more

Hyatt Hotels & Resorts to Operate Grand Hyatt Hyderabad
2011 Opening of Grand Hyatt Hyderabad builds Hyatt's presence in India ...more

Solare Hotels & Resorts Begins Construction on Four New Roadside-Type Chisun Inns
Solare Debuts Opening Two Chisun Inns Simultaneously in Spring 2009 in Oita Prefecture ...more

The Westin Brisbane Empire Square Hotel and Residences to open in 2012
Westin Hotels & Resorts Expands into Queensland, Australia ...more

Hotel Indigo Coming to College Park, Ga.
The 142-room property is expected to open in the summer of 2009. ...more

IHG signs agreement to develop InterContinental Dead Sea
InterContinental Hotels & Resorts has signed an agreement with Sun Days International for Tourism Investment to develop a US$70 million luxury resort, on the shores of the Jordanian Dead Sea. ...more

Holiday Inn Express to launch in Bangkok
Thailand and Southeast Asia's first Holiday Inn Express hotel to open in early 2011 - Thailand identified as next growth market for the brand ...more

MK Closes Portfolio Sale of Two Northeast Fairfield Inns To Accor North America
Molinaro Koger (MK) announced today they facilitated the marketing and sale of two former Fairfield Inns on behalf of an undisclosed seller. The two assets included the 130-room Fairfield Inn Buffalo-Williamsville, New York, and the 129-room Fairfield Inn Cleveland-Willoughby, Ohio. ...more

Global Asset Solution Announces The Opening Of Singapore Office
The first Global Asset Solution office in Bali, Indonesia will mainly concentrate on the national Hotel market as well as assisting hotel owners with brand new projects on the fast developing island of Bali. ...more

JW Marriott Hotel Los Angeles at LA LIVE to Open in Spring 2010
The JW Marriott Hotel Los Angeles at LA LIVE has reached another milestone with the completion of ten floors and is already changing the shape of the skyline. ...more

The Blueprint for Hotel Watersports
Beachfront hotels are tuning into the fact that a quality watersports facility as part of their leisure and recreation brings both increased revenue and additional marketing power. ...more

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