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New Swissôtel to open in Jinan, China in 2020   1 Jul, 2015

Part of a larger mixed-use development featuring residential, retail and office buildings, Swissôtel Jinan will feature 248 guestrooms, five dining outlets and approximately 31,000 square feet of event and banquet space. Swissôtel Hotels & Resorts and Nanjing Jin Gao Real Estate Development Co.,...More>>

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As Red Lion Hotels thrives, foreign capital takes notice   23 Jun, 2015

Red Lion Hotels Corporation is convening in Spokane, Wash., this week amid a string of good news: the opening of its new RL brand in Baltimore next month, a soaring stock price and propitious RevPAR growth. All of which has made this regional hotel group a national player, attractive to many...More>>

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Philadelphia experiencing hotel building boom   22 Jun, 2015

Eight hotel projects now in the planning stage or under construction in and around Center City would bump up the number of rooms by more than 2,000, or almost 20 percent, from current levels - the sharpest increase since the surge that surrounded the Republican National Convention in 2000.More>>

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Asia Pacific pipeline reaches record numbers   19 Jun, 2015

The total Asia Pacific construction pipeline is at 4,284 projects/871,480 rooms at the end of the first quarter. It also is the largest regional pipeline in the world and has the highest number of projects and rooms ever recorded in any region by Lodging Econometrics.More>>

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Joint W-Element project in Philly gets financing   18 Jun, 2015

Armed with $33 million in tax increment financing and now $160 million in loans, construction of the $280 million W and Element hotel is officially under way. The financing includes $100 million senior loan in conjunction with $60 million in mezzanine loans. The development is scheduled to be...More>>

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Central, South America see pipeline uptick   18 Jun, 2015

There are 438 hotels totaling 68,898 rooms under contract in the Central/South America region, according to the May 2015 STR Global Construction Pipeline Report. This represents a 4.6-percent increase in rooms under contract compared with May 2014 and a 21.6-percent year-over-year increase in rooms...More>>

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BWI seeking developer for airport hotel   16 Jun, 2015

Want to build a Baltimore airport hotel? Now is your chance. According to The Baltimore Sun, the Maryland Aviation Administration is seeking a contractor to build and operate a 200- to 250-key hotel at BWI-Thurgood Marshall Airport. The hotel would replace an older hotel about a mile away that...More>>

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Despite hotel glut in Bangkok, Well Hotels sees opportunity   16 Jun, 2015

There may be an oversupply of hotels in Bangkok, but Well Hotels & Resorts still sees opportunity, particularly in the upscale segment, as the Bangkok Post reports. The group, in fact, will launch a new hotel in the Thailand capital city later this year: the Well Hotel Bangkok Sukhumvit. More>>

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Melia set to expand into Myanmar with Yangon hotel   11 Jun, 2015

Meliá Hotels International has entered Myanmar with the signing of Meliá Yangon, furthering the group’s presence in Southeast Asia. The new-build 400-room hotel will be situated in downtown Yangon next to Inya Lake, with close access to Yangon International Airport. The project will be...More>>

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Omni finds sweet spot in sports partnerships   10 Jun, 2015

Omni Hotels & Resorts may not be the official sponsor of Major League Baseball, but it sure has major ties. And it’s about to get even tighter. In late April, Omni, the Dallas-based upper-upscale hotel operator, announced it had partnered with the Atlanta Braves to develop a new hotel in the...More>>

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