Marriott International Provides an Update on Development Progress in 2021 and Overview of Key Trends Currently Shaping Hospitality Development

On the eve of the Americas Lodging Investment Summit (ALIS) in Los Angeles, Marriott International, Inc. (NASDAQ: The Ritz-Carlton Maldives, Fari Islands. At the end of 2021, Marriott’s worldwide system consisted of nearly 8,000 properties and roughly 1.48 million rooms in 139 countries and territories. At year-end, the company had the largest global development pipeline, […]

GINGER SIGNS ITS NINTH HOTEL IN DELHI-NCR

Gingerexpands its footprint in the Delhi National Capital Region (Delhi-NCR) with the signing of a new hotel in Greater Noida. Commenting on the signing, Ms. Deepika Rao, Managing Director & Chief Executive Officer, Ginger Hotels, said, “We believe in the business potential of the region, especially with the upcoming Noida International Airport. This hotel, located in the […]

Hotel construction down around the world, except in Asia Pacific region

Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR. December 2021 (% changes in comparison with December 2020) Europe In Construction: 221,789 rooms (-7.6%) Final Planning: 163,805 rooms (-4.9%) Planning: 159,232 rooms (+4.7%) Total Under Contract: 544,826 […]

Saudi Arabia to get region’s first Porsche Design Hotel

Saudi Arabia’s Tourism Development Fund has signed a memorandum of understanding with Deutsche Hospitality, the umbrella brand of the German hotel company Steigenberger Hotels AG, to develop and operate Steigenberger Porsche Design Hotels projects in the Kingdom. The agreement, which was signed in the presence of Ahmed Al-Khatib, minister of tourism and chairman of the […]

Keyestone Group and Hyatt to Collaborate on China’s First Hello Kitty Hotel in Hainan

The hotel will be a part of the Sanya Hello Kitty Resort, to be opened by 2025 CHICAGO (January 13, 2022) – Keyestone Group, a Hong Kong-based conglomerate focused on the development and management of high-quality premier projects in the Greater China region, and Hyatt Hotels Corporation (NYSE:H), a leading global hospitality company, today announced plans for […]

Treehouse Hotels and Resorts continues growth momentum in GOA

Launches Beach Cottages & Relaunches Pet friendly Villas and Serviced Apartments. Treehouse MARS Beach Cottages, Calangute Treehouse Blue Serviced Apartments, Majorda Treehouse Blue Villas, Colva. India, January’22: Treehouse Hotels and Resorts announces the official opening of three new properties in Goa. Treehouse continues its growth momentum, the tally of properties under Treehouse Hotels and Resorts […]

Marriott International Signs Agreement to Bring JW Marriott Brand to São Paulo

Located in the heart of São Paulo´s new Financial District, JW Marriott Hotel São Paulo will make its long-awaited debut in Brazil´’s largest city Marriott International, Inc. today announced that it has signed an agreement to debut JW Marriott Hotel São Paulo in Parque da Cidade, a Class A, LEED-certified mixed-use complex located in one of […]

Marriott International Signs Agreement with OCT Properties to Open W Nanjing

Slated to open in 2025, the urban escape will bring thought-provoking design and innovative programming. Marriott International, Inc. today announced it has signed an agreement with Nanjing OCT Properties to bring the W Hotels Worldwide brand to Nanjing. W Nanjing is set to become an awe-inspiring addition to eastern China with its anticipated opening in 2025, located […]