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2008-06-16 Hotel Development News

Development

Best Western to be the largest hotel chain in the Middle East within three years
Best Western, The World's Largest Hotel Chain(R), has announced that it is currently developing as many as 25 hotels in Gulf Cooperation (GC) countries which will lead it to become the most extensive hotel chain in the Middle East within 2011. ...more

Hilton Hotels Corp. Announces Third Major UK Development Deal
Deal Expected to Result in 30 New Properties Focussed on the Hampton by Hilton Brand ...more

InterContinental Hotel Group (IHG) launches Staybridge Suites brand in Kuwait
InterContinental Hotels Group and Bukhamseen Group Holding Company have signed an agreement to introduce IHG's upscale extended-stay brand to Kuwait. The signing initiates the development of two Staybridge Suites properties in Kuwait city - one in the Salmiya district and one in the Farwaniya airport area. ...more

InterContinental Hotels & Resorts to open Vietnam's tallest hotel in 2011
InterContinental Hanoi Landmark to occupy upper floors of a new 336-metre tower, one of the world's tallest buildings ...more

Raffles Moscow to Open in 2011
Raffles Hotels & Resorts has extended its presence to the Russian capital city of Moscow, in the Kitay-Gorod district. ...more

MK Arranges Sale of Hyatt Hotel Washington Dulles International Airport on Behalf of Ashford Hospitality Trust
The 316 all-suite, recently renovated asset was acquired by Annapolis, Maryland-based Thayer Lodging Group for an undisclosed sum. ...more

Carlson Hotels Adds Seven Properties To Its Canadian Portfolio
The new hotels include three Radisson properties and four Park Inn hotels ...more

Jumeirah Enters South America With Management Of Luxury Polo Resort In Argentina
Jumeirah Group appointed by Culu Culu Lifestyle S.A. to manage the Jumeirah Culu Culu Polo Lifestyle Resort, the world's first specialised multi-field Polo and Equestrian estate incorporating a luxury resort. ...more

Wyndham Resort to Open This Year at Cap Cana, Dominican Republic
Wyndham Hotels and Resorts recently announced that a 497-unit luxury Wyndham resort now being developed at Cap Cana, an oceanfront community on the eastern tip of the Dominican Republic near Punta Cana, is expected to open in October. ...more

Hotel Indigo Coming to the Heart of Downtown Cleveland
IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG] today announced that a Hotel Indigo is coming to downtown Cleveland. Construction is expected to begin this fall on the adaptive reuse of the mid-century landmark Breuer Tower, with an anticipated opening in spring 2010. ...more

155 East Tropicana Announces Termination of Asset Purchase Agreement with Hedwigs Las Vegas Top Tier, LLC
155 East Tropicana, LLC today announced the termination of the Asset Purchase Agreement with Hedwigs Las Vegas Top Tier, LLC, an affiliate of the investment group led by NTH Advisory Group, LLC. ...more

Wyndham Resort to Open This Year at Cap Cana, Dominican Republic
Wyndham Hotels and Resorts announced that a 497-unit luxury Wyndham resort now being developed at Cap Cana, an oceanfront community on the eastern tip of the Dominican Republic near Punta Cana, is scheduled to open during the fourth quarter of this year. ...more

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