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Archive of industry news from the global hotel industry

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April 2016

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Fujita Kanko to open hotel in Taipei in 2019 22 April 2016 Japanese hotelier Fujita Kanko plans to open a new hotel in Taipei in 2019....

St. Regis Hotels & Resorts to debut in Belgrade in 2019 21 April 2016 Starwood Hotels & Resorts Worldwide has announced the signing of The St. Regis Belgrade and The Residences at The St. Regis Belgrade, a development project expected to open in 2019....

Ashford Trust signs agreement to sell five hotel portforlio for $142m 18 April 2016 Ashford Hospitality Trust has signed a definitive agreement to sell a five-hotel, 1,396-room portfolio of select-service hotels for $142m in cash to Noble Investment Group....

Conrad Doha to open in early 2019 15 April 2016 Conrad Hotels & Resorts, Hilton Worldwide's luxury hotel portfolio for the new smart luxury traveller, has signed a management agreement with Assets Real Estate Development Company for the...

Starwood Hotels & Resorts Worldwide reaches management agreement with Rajawali Property 11 April 2016 Starwood Hotels & Resorts Worldwide has reached a management agreement with Rajawali Property Group to open The St. Regis Jakarta and The Residences at The St. Regis Jakarta....

Hyatt opens Hyatt Regency in Chandigarh, India 05 April 2016 Hyatt Hotels Corporation has opened Hyatt Regency in Chandigarh, a city in northern part of India....

InterContinental Hotels Group to debut Holiday Inn Express hotel in Australia 04 April 2016 InterContinental Hotels Group (IHG) in a tie-up with investment group, Pro-invest has announced the opening of Australia’s first Holiday Inn Express hotel, Holiday Inn Express Sydney Macquarie...

Hilton Worldwide opens Hilton Alexandria King's Ranch in Egypt 01 April 2016 Hilton Hotels & Resorts has opened Hilton Alexandria King's Ranch, marking the 18th Hilton Worldwide hotel in...

March 2016

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Arqaam Capital partners with Four Seasons to manage luxury resort in Croatia 30 March 2016 Investment bank Arqaam Capital has entered into a partnership with luxury hospitality company Four Seasons Hotels and Resorts to manage and operate Arqaam's luxury mixed-use resort in Hvar,...

Starwood accepts Marriott's latest $13.6bn acquisition offer 23 March 2016 Starwood Hotels & Resorts Worldwide has accepted a $13.6bn acquisition offer from Marriott International, rejecting China's Anbang Insurance Group's $13.2bn...

DoubleTree by Hilton expands hotel portfolio in Turkey 21 March 2016 DoubleTree by Hilton has extended its portfolio by opening its tenth hotel in...

Ritz-Carlton Reserve to debut in Bermuda in 2018 18 March 2016 The Ritz-Carlton Hotel Company is planning to to open its first Reserve resort in Bermuda by...

Hilton to open hotel in Muscat, Oman 16 March 2016 Hilton Worldwide has entered into a management agreement with Muscat National Development and Investment Company (ASAAS) to open a hotel, called Hilton Garden Inn Muscat - Al Khuwair, in...

China's Anbang to acquire Strategic Hotels & Resorts for $6.5bn 14 March 2016 Chinese company Anbang Insurance Group has agreed to purchase Strategic Hotels & Resorts for approximately $6.5bn....

Anantara to open two resorts in Oman by mid-2016 11 March 2016 Anantara Hotels, Resorts and Spas plans to open two luxury resorts, the Anantara Al Jabal Al Akhdar Resort and the Al Baleed Resort - Salalah, in Oman later this...

Melia Hotels International to operate hotel in Iran 09 March 2016 Meliá Hotels International has entered the Iranian hospitality industry with the five-star, branded Gran Meliá Ghoo...

Oberoi Group to operate luxury resort in Maldives 07 March 2016 Hotel company Oberoi Group and its India-based joint venture (JV) partner Subramanya Construction & Development Company (SCDCL) have entered into a deal with the Maldives Government to build...

Hinduja Group to convert Old War Office in London to five-star hotel 04 March 2016 Global conglomerate Hinduja Group has acquired the Old War Office building in central London, UK, and plans to redevelop it into a five-star hotel and residential...

Radisson opens Radisson Hotel Cheyenne in Wyoming, US 02 March 2016 Radisson has opened a hotel, named Radisson Hotel Cheyenne, in Wyoming,...

February 2016

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Atlanta’s iconic Candler building to transform into Curio hotel in 2017 29 February 2016 Hilton Worldwide has signed a franchise license agreement that would bring Candler Hotel Atlanta to Curio - A Collection by Hilton, an upscale and luxury hotel brand....

IHG to open InterContinental Sofia in Bulgaria next year 26 February 2016 InterContinental Hotels Group (IHG) has announced the InterContinental Sofia hotel, the first property for the brand in...