Category: Projects

A by Adina launches in Europe

Premium serviced apartment brand A by Adina has signed its first property in Europe, and will open in 2025 in the Austrian capital, Vienna as a first step to growing across the continent.

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SeaSpace reinvents the seaside hotel

New coastal accommodation brand SeaSpace will launch in autumn 2024, offering a hybrid that mixes light touch hotel services with studio and apartment living, complete with fully fitted guest kitchens.

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Staybridge Suites builds European presence

The international extended stay brand Staybridge Suites is an established part of the IHG Hotels & Resorts portfolio, and it is now expanding into Europe, with a number of launch openings in new country markets.

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Okura builds presence in Thailand

Already present on the international stage, Japan’s Hotel Okura is keen to further expand its portfolio of hotels outside Japan, and a new partnership in Thailand aims to take advantage of booming tourism.

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Paris draws the crowds

Investors continue to appreciate the value of hotels in Paris, where the French capital has delivered consistently strong operational performance, recovering fully after the pandemic.

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Hotel Lotte plans asset light expansion route

Following a boom year for profits in its hotel and resorts division, South Korea’s Hotel Lotte has committed to increase its rate of expansion for the business both in its home market, and in adjacent markets such as Vietnam.

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Millennium Hotels and Resorts doubles down on MEA

May 2024 saw Millennium Hotels and Resorts open its first hotel in Jeddah, Saudi Arabia. The 252 room Millennium Jeddah is the latest addition to the company’s presence across the kingdom, joining eight other hotels across the cities of Hail, Jazan, Madinah, Makkah and Tabuk.

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Barcelo plans openings and upgrades after positive 2023

Spanish hotel group Barcelo has lined up a string of openings through 2024 and 2025, as it accelerates its growth following a strong performance in 2023. As well as new hotel launches, the group plans upgrades and refurbishments at several of its existing properties, altogether representing an investment of more than USD400m.

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Minor targets growth in India

A relative newcomer to the Indian hotel market, Minor Hotels from Thailand is making up for lost time with plans to substantially expand its presence there via its Anantara, Avani and NH Collection brands

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HWI eyes Middle East for expansion

With a strong portfolio of brands, H World International is looking to grow its global presence, expanding Chinese brand Ji into the Middle East while also building its European brands such as Steigenberger

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Brands build momentum in Australia

A strong performance during 2023 at Australian hotels has encouraged developers to take a closer look at the sector, and the big brands are signing up to new hotel projects, as they move from planning to construction

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stayAPT lays out growth plan

While a newcomer to the extended stay space, stayAPT Suites is building a strong pipeline and now has a new development partner to expand its portfolio across the USA

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Garner expands across EMEAA

A new multi-hotel signing in Germany has catapulted forward the growth of IHG latest conversion brand, Garner, giving it an immediate strong presence in the German market.

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TUI accelerates Africa expansion

German tour group TUI is expanding its portfolio of directly managed hotels and resorts across Africa, in order to meet a growing demand for medium haul leisure destinations.

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IHG links with Novum to boost German presence

IHG Hotels & Resorts has signed a long term agreement that is set to double its hotel presence in Germany. A partnership with German operator Novum Hospitality will see Novum’s current portfolio and pipeline properties, totalling up to 119 hotels, convert to IHG brands over the next few years.

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Room Mate adds collection brand

After a year of consolidation in 2023, European group Room Mate is now poised to grow fast, as it seeks out smaller hotels in gateway cities of Europe to add to its portfolio.

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Radisson picks up the pace

With some of the fastest growing brands across EMEA and South East Asia, Radisson is building an ever stronger pipeline of hotels, supported by partners such as PPHE

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Consumers seek new destinations

Travellers are subtly changing they way they search online for new adventures, and Hilton has shared new data from its own booking websites to understand where the new demand lies

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