TOPHOTELPROJECTS - ·9h
Hyatt Hotels has settled their disagreement with online booking agent Expedia. It was widely reported at the beginning of the summer that the hotel giant had threatened to pull their brands from the booking platform amid a row over the colossal fees that Expedia charges to have guests book rooms in Hyatt hotels through the site. Hyatt said they were going to leave the site and take all of their brands with them if Expedia didn't agree to cut their commission considerably by July 31st. Hyatt's position will no doubt set a precedent for other brands and hotel chains who are also dissatisfied with the losses they incur by clients booking through platforms such as Expedia, who charge between 15 and 20 percent for the service.The number of online travel agents, or OTAs, is growing all the time, and hotels are becoming beholden to them to garner more bookings, as people will often use generic search sites such as Expedia or Booking.com to book hotel stays rather than going straight to the hotel themselves. Many hotel chains are trying to claw back direct bookings by offering discounts and promotions if guests book directly through their sites, and by partnering with proprietary booking engines who have a more tailored approach to matching clients with their desired hotel, although this is often more popular with boutique hotels than bigger, established brands.OTAs have such a big share of the market that hotel brands often lose the battle. InterContinental Group famously left Expedia in 2004, only to go back after the recession when hotel stays were decreasing significantly. Hyatt, however, have been able to reach an agreement with Expedia, a spokesperson for the group saying, "We've had productive discussions with Expedia and have agreed in principle on terms that address our concerns about distribution costs and flexibility. We expect that Hyatt hotels will continue to be distributed on Expedia platforms without disruption." Hyatt will continue to be listed on Expedia.com, Hotels.com, Hotwire, Orbitz and Travelocity, all of which are operated by Expedia.Hyatt Hotels has the following projects under construction:Grand Hyatt San Francisco International Airport351 soundproofed guest rooms (including 21 suites)Direct connectivity to AirTrain Station15,200 square feet of net meeting space (excluding pre-function areas)90-seat three-meal restaurantPark Hyatt MarrakechAl Maaden Development is designed to offer guests and residents luxurious rooms in a dramatic setting with a view of the Atlas Mountains. Amenities include a resort center, Park Hyatt meeting residences, specialty restaurant, luxury spa, private villas, and an artist's medina.Hyatt Burny VladivostokHyatt Burny Vladivostok located on the western coast of Vladivostok at Cape Burny has spacious guestrooms including several elegant suites. Contemporary guestrooms range in size from 40- to 160-square meters.More information on Hyatt Hotels can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 16 August 2017
The hotel industry's arch-nemesis AirBnB is gearing up to take on another slice of the hospitality sector's pie with a new initiative that will see the home sharing website provide upscale accommodation that is designed to target wealthier travelers, Bloomberg recently reported. AirBnB's reported new brand will match discerning clients, who have previously not used the online service because of an attachment to a quality standard and hotel amenities that are not guaranteed by the home sharing site, with quality tested accommodation. The site, which is expected to be launched in pilot form shortly, will offer a select range of apartments and homes that have been inspected by AirBnB staff and will have to follow certain guidelines and meet a checklist of certain standards set by the temporary accommodation giant. If they do not meet the requirements, they will not be listed on the website's premium section or on the AirBnB premium app.The new scheme is part of an effort by AirBnB to corner another part of the hotel market. Initially, AirBnB was popular with budget travelers who wanted a local, no frills experience, but as the business model has grown, higher quality apartments that offer the same local experience are being sought after by more discerning travelers. However, there is still a fair share of business and leisure travelers who would choose a hotel over AirBnB, and would probably not even consider the latter option. This is the demographic which AirBnB is aiming to reel in with the premium proposal: older, wealthier travelers who have previously not bothered using the site. This demographic would provide a whole new source of income for the hospitality start up, and undoubtedly put a dent in the pool of guests that established hotel chains rely on, those who have continued to stay in hotels despite the rise of short term accommodation and home sharing. AirBnB will be encouraging managers of their "Select", or premium, properties to operate a service more akin to that of a hotel, and initially will be aiming to align this standard of service with that of boutique hotels.Let's take a look at 3 boutique hotels currently under construction:Bangkok Boutique Edition HotelThe luxury mixed-use retail project Maha-Nahkon, a 77-storey building that will house the Edition hotel as well as Ritz-Carlton residences and about 10,000-sq.ft. of retail space will be constructed. Ritz-Carlton will operate the Edition Hotel. Both brands are owned by parent company Marriott Hotels.Jumeirah Saraya Bandar Jissah Boutique HotelThe resort will consist of two hotel components, one consisting of 206 rooms and the other of 106 rooms, located in the picturesque cove of Bandar Jissah, near Qantab, nestled between the Hajjar Mountains and the Gulf of Oman.The Angler's Boutique ResortExpected for completion in fall 2016, $million renovation will expand the hotel's existing five-story, 45-room building with a new tower that will have 84 additional guest rooms, a lobby, lobby bar, exterior gathering areas, a 7,000 square-foot rooftop pool deck and 1,400 square feet of meeting space.More information on boutique and big brand hotels can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 15 August 2017
2017 is more than halfway through, and there are a few brands that TOPHOTELPROJECTS have their eye on that we think should be on your radar before the year is out. Check them out below!Six SensesSix Senses is one of our favourites for being cutting edge in terms of wellness and sustainability, and for their local involvement, whether it be supporting local vineyards in Portugal or organising volunteer work in Vietnamese communities.Thompson HotelsRedefining the boutique luxury market, Thompson Hotels just keeps catching out attention. Recently features on the 2017 Conde Nast Traveler Hot List too, this brand's urban locations and idyllic beach properties provide guests with a home away from home, if home was stylish, edgy and tailored to your every need.Rocco Forte HotelsRocco Forte's particular brand of 5-star luxury offers guests the chance to live like royalty once they set foot within the walls of the hotel, something which keeps them in our sights. Each unique property has its own character and personality, whether it be in the centre of London or in the middle of a Russian city.The Leela Palaces, Hotels and ResortsIndia's very own brand of luxury hotels and resorts takes its place among the global hotel leaders, which never fails to pique our interest. With hotels situated in some of India's most incredibly awe-inspiring palaces, guests feel as if they have been transported to another world, one of exotic aristocracy and total relaxation.Aman ResortsWith locations as diverse and coveted as Sri Lanka and Greece, Aman Resorts excels at providing a truly relaxing experience, allowing guests to unwind in the most pristine and beautiful surroundings. With a focus on wellness and personalised guest experiences, Aman prides itself on guests that leave happy and healthy. One&Only ResortsOne&Only Resorts offer guests an entirely luxury experience with their once in a lifetime destinations in the Caribbean, the Americas, Middle East and more. Picture white sands, blue skies, crystal waters, candlelight, and the time of your life.Oetker CollectionA luxurious collection of regency-standard hotels, the Oetker Collection makes every guest feel like they are in a James Bond film, such is the glamour and luxury of their offerings, as well as the set-piece feel of their properties. Billing themselves as the "Masterpiece Collection", our needle is off the scale when it comes to the Oetker hotel. More information on the world's best hotel brands can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 11 August 2017
Travelers have long booked accommodations online, and many luxury hotels offer tech that lets guests use smart phones to operate thermostats, lighting, and televisions. These innovations are great, but the real difference-maker in hospitality tech is one most customers never actually see--hotel operation apps.These apps allow managers to simplify operations, improve efficiency, and modernize procedures. Too many hotels, unfortunately, still use outmoded tech, or, in extreme cases, pens, paper, and telephones.Hoteliers as a group are slow to adopt, and tech and hospitality have long made awkward bedfellows. The simple fact, however, is new hotel operations apps shouldn't be ignored.Here's what they do:-Free up resources and allow staff to deliver exceptional experiences to guests-Make it so staff members are not tethered to reception desks, instead using mobile devices such as tablets to keep in touch anywhere-Easily integrate with an existing PMS (Property Management System), allowing team members to access guest info on the go-Provide an easy-to-navigate dashboard with data and analyticsBut not all these apps are created equal, so it's important savvy hotel operators know the best choice.Facility for Hotels is a cut above other hospitality operation apps. Developed in a startup incubator, Facility saves time and paper, minimizing inventory loss and improving communication between departments, creating an overview of what's happening everywhere on a property.One 200-room hotel using Facility reports the following benefits:-200 man hours saved-15 percent less inventory loss-40% higher productivity-70% fewer phone calls-350 percent increase in reported maintenance issues-3000 less sheets of used paperUltimately, it's in guests' interest for hotels to invest in automation. As hotel operators know, tech will never replace individual service, but it can be a vital component for success.For more information about Facility for Hotels, visit www.facilityforhotels.com.
TOPHOTELPROJECTS - 10 August 2017
Express by Holiday Inn is InterContinental Hotel Group's fastest growing brand. With over 2,500 operational hotels offering guests a total key count of nearly 250,000, Express by Holiday Inn can rest assured that its business model is one that works. Based on the premise that your hotel stay can be simple yet smart, the brand is aimed at those travelers on the move who need a place to rest, recharge and get going quickly when their stay is over. Located in convenient destinations, whether they be city centre locations or near major transport hubs, Express by Holiday Inn ensure that guests leave feeling refreshed and energised. Down to their reliable service and efficient check in and check out policies, Express takes the hassle out of travel, allowing you to get the most out of your stay without having to commit yourself to a hotel "experience".IHG recently announced the opening of the largest Express by Holiday Inn in the Americas. The property, located in Waikiki, Hawaii, will be the brand's third hotel in Hawaii, and will have 596 rooms spread over 44 floors just two blocks from Waikiki's idyllic beach. Aimed at business and leisure travelers, the hotel will have the latest features in technology and design and have a focus on communal workspaces, so guests can escape the confines of their hotel room but still be productive. Another property recently announced is in Monterrey Valley in Northern Mexico, which will have 25 suites, a 24hr fitness centre and meeting facilities, everything you need to enjoy your stay in Monterrey.Express by Holiday Inn has a further 86 projects in the pipeline, a sure sign that they have no intentions of slowing down and that the budget accommodation market is still as fruitful as ever.The following Hotels by Express by Holiday Inn are currently under construction:Holiday Inn Express Kriens MattenhofA Holiday Inn Express will be builded next to the suburban train stop Kriens Mattenhof in Kriens.Holiday Inn Express Paris - Charles de Gaulle AirportThe hotel will be built on the airport's grounds and as such will be directly connected to the airport's terminals, train station and remote car parks by the CDGVal metro systemHoliday Inn Express Brady District TulsaPlans to build a new Holiday Inn Express hotel in the historical Brady Arts District on Archer, between Elgin and Detroit, in Tulsa. The Brady District is a filled with new business, arts, culture and nightlife.More information on Express by Holiday Inn can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
August 2017 Hotel Openings Report: The Americas Lead World as Busiest Region for Debuts [Infographic]
TOPHOTELPROJECTS - 9 August 2017
Industry experts have theorized that the roots of this industry growth happening today in 2017 can be traced back to the economic recession in 2009, during which property in expensive and prohibitive markets dropped in price, making it easier for developers to secure the sites upon which they are now preparing to open hotels. As the average hotel takes many years to plan, design, and ultimately build, this thinking makes a good deal of sense.Information from the TOPHOTELPROJECTS definitely paints a picture of a booming global hospitality industry, one in which nearly every region--the Americas, Europe, Africa, the Middle East, and Asia Pacific--are demonstrating increased growth numbers over this time last year.Unsurprisingly, the leading region is the Americas, where 65 hotel projects are slated to open their doors in August 2017. This ranking is being led by the United States, where a number of robust pipelines has led to the country ushering in 43 new hotel projects this month, which puts that country alone even with the entire region of Europe, and ahead of the Africa and Middle East regions. The United States five healthiest civic pipelines--New York City, Los Angeles, Houston, Dallas and Nashville--are comprised of a diverse set of assets that make them exceedingly attractive to tourists and business travelers alike, which in turn makes them destinations for hotel operators looking to expand into vibrant markets that represent solid investments.China is the second most prolific country in terms of opening new hotels in August 2017, with its 21 projects ranking it at slightly less the total found in the United States. Perhaps unsurprisingly, this boosts the Asia Pacific region into becoming the second most active region for new hotel openings in August 2017 with a grand total of 54. Germany comes in third overall with 18 projects, helping to places its overall region, Europe, at third on the list.What's perhaps most surprising is that the single brand that has the most new properties opening this month is Hilton Garden Inn, with nine total projects making their debuts.Worldwide, August 2017 will see a total of 211 projects opening with 44,349 rooms, a fitting end to a summer in which June and July also had very active pipelines. Industry insiders say they are hopeful that this level of growth will continue on into September.August will see the following Hotel Openings:Burgenstock Resort Lake LucerneBurgenstock Resort Lake Lucerne includes the following projects:- Park Hotel (Burgenstock Hotel)- Palace Hotel- WaldhotelVillages Nature ParisLes Villages Nature de Val d'Europe (<< Villages Nature >>). The Villages Nature site is located 6 Km south of Disneyland Paris, north of the Brie Forest (in French: Brie Boisee), in Seineet-Marne. This project, which could span up to 500 hectares.Jumeirah Saadiyat IslandThe property will be set in a prime location on the north eastern coast of Sa'adiyat Island. The hotel will comprise several guest rooms, including spa suites, presidential suites and private high-end villas.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 8 August 2017
Chinese insurance company Anbang Insurance Group has been instructed by Chinese authorities to sell off their foreign assets, which include the Waldorf Astoria Hotel in New York City. The insurance company has a spread of assets overseas, after going on a spending spree in the last three years with the purpose of accruing foreign acquisitions in a bid to position themselves abroad, eventually making a name for themselves on Wall Street. However, the company's dealings have been overshadowed recently with the controversy surrounding its Chairman Wu Xiaohui, who has been held for questioning since the middle of the summer, and also by the keen eye that is being kept on them by regulators who are skeptical of their takeover policies. The group has risen to prominence in recent years due to the sale of a number of high-performing investment products, until China started to reel in its insurance companies, citing "improper innovation" as the reason. A recent conference on financial regulation held in China and organised by Chinese president Xi Jinping has offered stern warnings to borrowers in an effort to shore up capital and prevent systemic risk. Anbang, for its part, has said that as yet is has no intention of selling off its foreign assets and that the running of the company is continuing as normal.Anbang has been buying up hotels as part of their purchasing binge since 2014. The Waldorf Astoria acquisition was the one that really put them on the map, but they also are in possession of Strategic Hotels and Resorts, which the acquired in a takeover bid that closed in 2016 for $6.5 billion. If they end up going ahead with the sale of the Waldorf and other assets, China has said that the funds must be brought back to China once the sales are complete.The following hotels are currently in construction in New York:Virgin Hotel New YorkRichard Branson's Virgin Hotels has announced that it will build a hotel in New York City. The company will build the Virgin Hotel on the northwest corner of 30th Street and Broadway in the NoMad neighborhood.Edition Hotel Times SquareThe tower, dubbed 20 Times Square, will rise 517 feet above street level and will contain 269,769 square feet of commercial space, according to the latest building permits.TriBeCa HotelThe property is a rare full block front site in prime TriBeCa, and will have three fine dining food and beverage outlets with banquet space, private dining rooms, the largest screening room facility in lower Manhattan.More information on the Waldorf Astoria can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 7 August 2017
The hotel project in the pipeline certainly bears out this narrative, showing that expansion is underway in the country's hospitality sector, which is generally an indicator that a destination is rising in global popularity. According to information from the TOPHOTELPROJECTS database, there are currently 37 hotels in the Philippines project pipeline with a total of 10,660 rooms, the majority of which (21 projects, to be exact) fall into the five star designation, with 16 others being tagged as four stars.With this in mind, it behooves hotel owners and operators with a stake in the Asia Pacific region, or anywhere else around the globe, really, to stay up to date on what's happening in the Philippines.Starting with broader information, one should note that the capital city of Manila is the most common locale for new hotel projects, with 16 currently in the pipeline for that city. The next runner up is Lapu-Lapu City which has five.Also of note is that this year will be somewhat slower for hotel expansion in the Philippines, with only 6 projects coming to fruition, while things are slated to pick up in both 2018 and 2019, when 11 new projects will debut each year. The information from the TOPHOTELPROJECTS database indicates that there are currently 9 new projects in the works for the year 2020 and beyond.These projects are spread across a number of brands, with only three standing out as having multiple destinations in the pipeline. The leader is Citadines Apart'hotels, which has 4. Citadines is a major player in the Asia Pacific region, one that also is a key stakeholder in nearby countries such as Vietnam, Malaysia and China. In fact, they also have new properties slated to debut by the end of 2018 in Ho Chi Minh City, Kota Kinabalu (Malaysia) and Suzhou (China).The other two brands that are currently prominent within the hotel construction pipeline for the Philippines both have three upcoming projects apiece. The first is Somerset Millennium Makati, which features properties that emphasize extended stays and even residences.The other is Alila Hotels and Resorts, which is more of a boutique luxury hotel that caters to millennials. The word Alila itself means "surprise" in Sanskrit, which is the guiding philosophy behind this hospitality company--surprising guests with the breadth of its accommodations and service. The company's headquarters are located in Singapore, and these three hotels will mark its first entry into the Filipino market. Currently, Alila has hotels in China, India, and elsewhere in both the Asia Pacific and Middle East regions.Let's take a look at the Top 3 hotel projects in number of rooms in Philippines:Mactan Leisure City - 5 Star HotelMactan Leisure City is slated to be the heart of Cebu's entertainment and leisure experiences.The development sits on a 14-hectare tract with a 410-meter beachfront and the site is a mere 12 minutes from Cebu International Airport.The Westin Manila BayshoreThe Westin Manila Bayshore is a quiet sanctuary amid exciting attractions. World-class shopping and dining are steps away in Entertainment City, a multibillion-dollar resort/casino complex on Manila Bay.Savoy Hotel Newport CityThe Savoy Hotel Newport City is set to open in the 25-hectare Newport City in Pasay City. It will be the last hotel to open in the leisure and entertainment township that is home to the famous Resorts World Manila.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 4 August 2017
Wyndham Worldwide is splitting its hotel business into two separate, publicly-traded companies: the first being Wyndham Hotel Group, a pure-play hotel company, and the second being Wyndham Vacation Ownership, a publicly-traded timeshare company that will join with the Wyndham Destination Network, which includes RCI, continuing to rank as the world's largest timeshare exchange company.This move comes in the wake of similar initiatives undertaken in recent years by the other largest players in the hospitality space, including Marriott, Starwood, and Hilton. In the case of Wyndham, the two newly-formed companies will forge long-term licensing agreements, allowing all business to continue somewhat undisturbed on its current trajectory. In 2017, Wyndham has strongly emphasized its interwoven loyalty program, Wyndham Rewards.In fact, at the company's first quarter 2017 earnings call in April, Wyndham CEO Stephen P. Holmes spoke to the importance of a loyalty program across the Wyndham brand."The customer staying in our hotels is a timeshare customer," said Holmes. "It's the average consumer that's out there that buys timeshare. And we think with a stronger loyalty connection to the brand that driving those consumers to learn more about our timeshare product is going to be a natural progression as we build out the interconnection between the two business."After the announcement of this news, company officials emphasized an ongoing commitment to Wyndham Rewards, while also stressing that this transaction is expected to provide a host of other benefits for Wyndham as well."After a comprehensive review process, the Board of Directors has determined that a spin-off of the hotel business and the combination of Wyndham Vacation Ownership with RCI is the best structure to unlock shareholder value and enable strong growth across the businesses," Homles said in a statement. "We will work with the leadership of our European rental organizations, which have outstanding brands in their regional markets, to explore options to fully realize their future growth potential.""Over the past decade, we have attracted incredible teams of dedicated professionals who have built these businesses and brands into industry leaders which are now connected by the industry's top rated loyalty program. With this strong platform in place, our businesses are now able to move forward individually, each positioned for a very strong future, based on a shared history and culture and an ongoing affiliation with Wyndham Rewards."Company officials said that the transaction, which is expected to be tax-free to Wyndham Worldwide and its shareholders, is expected to be completed in the first half of 2018. The leadership structure for the two separate public companies will involve separate boards of directors, with Holmes serving as non-executive chairman of the board of directors for both. Geoff Ballotti, current CEO of Wyndham Hotel Group, will lead the hotel company as president and CEO, while Michael Brown, current CEO of Wyndham Vacation Ownership, will continue to lead the timeshare company as president and CEO there.This news comes in the same week that Wyndham announced that it was acquiring Love Home Swap, a London-based startup that, like Airbnb, allows travelers to book stays in other people's homes while at the same time letting them list their own properties to be booked by others.Wyndham Hotel Group is one of the world's largest and most diverse hotel businesses, with a global portfolio of 18 brands spread throughout 8,100 hotels, giving it approximately 705,700 rooms in more than 80 countries, with a 2016 revenues of $1.3 billion. With more than $2 billion in gross timeshare sales in 2016, Wyndham Vacation Ownership is the world's largest developer and marketer of vacation ownership products, operating a portfolio of more than 220 resorts throughout the United States, Canada, Mexico, the Caribbean, South America and the South Pacific.Wyndham Hotel Group has the following projects currently underway:Bayscape CardiffThe Wyndham Cardiff hotel will consist out of 32-storeys, and with its 127-meter-high structure it will be the tallest hotel in Wales.Wyndham Halcyon Retreat Golf and Spa ResortBarrasford and Bird Worldwide has selected Wyndham Worldwide as franchise partner for its first mixed-use development in Europe.Safiro HotelThe project includes a hotel and a registry tower that are connected by a lower level common area, forming an overall U shaped structure.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 3 August 2017
There has been a significant shift in the hotel industry in recent years, with legacy brands like Starwood (now owned by Marriott), Hyatt and Marriott extending their reaches into the boutique side of the business.These massive, established brands have worked hard to launch mini-chains aimed at fulfilling the niche lifestyle interests of a younger generation of travelers, who wield increasing monetary influence over the hospitality industry and have shown themselves to prefer curation of local touches, tech amenities, and design that lends itself to being captured and shared on social media channels such as Instagram.Indeed, this shift has marked a new era for the hospitality industry, an era that leans heavily on both modern style and comprehensive service. These new boutique entries have a lot for travelers to like, including often being affordable and falling under the existing umbrellas of the brands' guest loyalty programs, which make them that much more appealing for guests. From Marriott's hip Moxy to the innovative Canopy by Hilton, this new generation of boutique brands is increasingly worth booking.Here are three boutique brands by major hotel operators that are worth knowing:Moxy by MarriottMoxy is often described as Marriott's hip little sister, and it's an apt comparison. Moxy's style feels like something out of a neon fever dream, complete with communal spaces and giant video installations that appeal to young people, who generally prefer the informal atmosphere found in hostels over that of a crunchy five-star luxury mega hotel. Moxy also displays a strong focus on tech offerings, removing closets in favor of bigger TVs, and offering super-fast WiFi that lets visitors stream their favorite binge-worthy shows with a few touches of a button.Hyatt CentricThe Hyatt Centric is a chameleon-esque boutique brand that takes on the unique styles of its location and incorporates them into all that the property has to offer, from the furniture to the food. For example, Hyatt Centric Waikiki Beach uses modern Hawaiian design, such as wood and rattan, and it also hots hula dancing and lei-making every day of the week. The Hyatt Centric The Loop Chicago, meanwhile, is housed in a refurbished Art Deco tower with a history in the city that extends back to the roaring 1920s. While Hyatt Centric Santa Barbara is a characteristic Spanish colonial-style building with a terra cotta-tiled roof.Tryp by WyndhamThis brand holds special appeal for digitally savvy travelers who appreciate modern technological perks. For example, the Manhattan outpost of this brand has its own social network, Lobby Friend, which encourages guests to connect virtually before later meeting for tapas at the hotel's trendy tapas bar. You'll even find language geared at millennial's on the brand's website: "When you return from owning the city..." Imagine finding that on a corporate site for Marriott, Hyatt or Wyndham.More information on hotel brands can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry
TOPHOTELPROJECTS - 2 August 2017
RCI, which is a division of Wyndham Hotel Group, has now acquired Love Home Swap, a London-based startup that, like Airbnb, allows travelers to book stays in other people's homes, at the same time letting them list their own properties to be booked by others.Wyndham has not released the exact terms of the deal, but media reports have tagged the acquisition price as somewhere between $44 million and $53 million. A spokesman for RCI has said the exact total will not be disclosed. RCI has a history with Love Swap Exchange, having invested in the company in 2015.Love Home Swap was first founded in 2011 by Debbie Wosskow, who in the wake of this deal will transition from leading the company into an advisory role for the next six months as her brother Ben Wosskow, a company co-founder and previously the chief commercial officer, will oversee the business's daily operations.Industry experts see a clear connection between this deal and the rise of companies like Airbnb, which is reportedly heading for an IPO, having raised $1 billion and earned a total valuation of $31 billion. Industry experts say that some traditional hotel operators are concerned that Airbnb is being perceived as unstoppable, making moves into other aspects of the hospitality industry such as flight booking, vacation planning, and many other services adjacent to accommodations, moves that make Airbnb more likely to provide a close travel loop that the company controls. It's worth noting that the rumored sum for the Love Home Swap deal is a great deal lower than Airbnb's current valuation.This is not the first deal in which a massive global hotel chain has acquired a travel startup that provides better access to the changing marketplace. Last year, Accor Hotels paid $170 million for OneFineStay, an Airbnb-esque outfit that operates exclusively with high-end properties. Meanwhile, Expedia reportedly fell short in efforts to acquire Luxury Retreats, another company that focuses on high-end properties (Luxury Retreats was ultimately acquired by Airbnb). As the market continues to adjust to the permenant prescence of Airbnb, Expedia and Priceline have both bolstered the inventory of vacation rentals available on their sites.Wyndham Hotel Group's RCI division covers vacation exchange, and it has more than 4,300 affiliated resorts in nearly 110 countries. It has developed the concept for vacation exchange with a global points-based exchange system, racking up more than 3.8 million subscribing members to date as part of the Wyndham Destination Network. Wyndham, for its part, is famous for operating hotel chains such as Travelodge, Ramada, Super 8, and Howard Johnson, along with a good deal of business in self-catered and family accommodations.Love Home Swap was founded in 2011, with Debbie Wosskow aiming at the time to create a more robust true home exchange model. The company has grown to include a network of more than 100,000 homes throughout 140 countries. Wyndham said that Love Home Swap will continue to run as an autonomous brand with separate marketing from that of RCI.In a statement, Wosskow said, "I'd like to thank the team and everyone involved in driving Love Home Swap forward. Dedication and hard work has yielded fantastic results in a short space of time and this is a real global success story for the U.K. sharing economy. We're delighted to join the RCI family and are excited to work closely with them to help shape the future of the travel industry together."Industry experts expect this to be one of a wave of similar deals sparked by the ongoing heat being put on large hotel brands by Airbnb and other startups in the hospitality space.More information on hotel brands can be found on TOPHOTELNEWS, the online news portal dedicated exclusively to the global hospitality industry.
TOPHOTELPROJECTS - 1 August 2017
This is no secret. In the first half of this year alone, about 2,500 new hotel rooms were added to the market in Dubai, bringing the total up to a whopping 80,400. In addition, about 40,600 more rooms are slated to be added within the next two and a half years. Dubai, in other words, has risen to be the most glamorous tourism oasis on the planet (with apologies to Las Vegas), and, with Expo 2020 approaching, the complexity of the city's hospitality market has grown along with it. As such, broke JLL says that developers and owners must look at new ways to monetize the assets that they currently have under construction.One of these methods is proving to be a reconsideration of strategy through rebranding or de-branding of properties that are currently operating, according to JLL's most recent Dubai Estate Market Overview report, which revealed that hospitality-focused REITS (real estate investment trusts) are increasingly likely to come to fruition now in the wake of a recent launch of Five Holdings Reit.It is important to note that vast majority of recent growth in Dubai has taken place in the luxury segment of the market, creating what experts say is a heavy dependence on the upper tiers of the hospitality industry. There are exceptions to the rule--such as the new 270-room Rove Trade Center--but mid-market hotel properties only account for 18 percent of Dubai's hospitality market. These sort of properties are also clustered together geographically, with the majority of them located in the Barsha Heights and Bur Dubai districts.This is unlikely to change as growth continues, with mid-market properties only expected to contribute roughly 8 percent of the new rooms that are currently being added, compared with the 40 percent projected to be added by rooms that fit into the upper end of hotels.This building spree in Dubai is also putting pressure on visitors via room rates, as the city is also seeing results in its efforts to grow tourism, which has kept occupancy rates robust and improving. For example, the May 2017 occupancy rate for hotels in Dubai was 84 percent, showing an uptick from last May's number of 82 percent. Average daily rates dropped by about 3 percent over that same period, landing at $206 a night according to JLL.Some property companies are working to stand out by introducing new hotel management operating models for owners willing to take on their brands. One example of this is a company creating prevalent fee structures that involve operating companies getting a base fee, which means a percent of the hotel's total sales, in addition to an incentive fee based on gross profits.The following projects are currently underway in Dubai:Damac Towers By Paramount Hotels & ResortsDAMAC Towers by Paramount Hotels & Resorts is a hotel and residential complex located in the heart of the stylish Burj area, Dubai. This four-tower development comprising circa 1,200 luxury serviced suites in three towers, will offer sumptuous living with a Hollywood flavour.Taj ArabiaThe magnificent Taj Arabia Palace Hotel, a breathtaking look-a-like of the original and yet four times larger! It is embedded in an exquisitely landscaped estate replete with lush greenery, soothing water fountains and cascading streams.The Langham, Palm Jumeirah, DubaiCatering to couples and large families, the resort will have well-appointed one- and two-bedroom suites that range from 63 to 236 square meters; some of them will feature individual plunge pools.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 31 July 2017
Of course, travelers from all over the globe have now become interested in visiting Brooklyn, providing a major boost to the area's hotel industry. In fact, there are even hotel developers currently working on projects in other cities infused with Brooklyn style.With that in mind, it behooves savvy hotel owners and operators to stay informed about what's currently happening in Brooklyn, especially the hottest projects that are currently in the borough's pipeline.Pod BrooklynPod Brooklyn is a 249-room hotel that is slated to open later this year in Williamsburg, off the corner of Driggs and Metropolitan, just steps away from lively Bedford Avenue, which itself has attracted locations from national retailers such as Apple and Equinox. Homegrown local favorites in this area also include Parm, Fette Sau, St. Anslem, The Commodore and others. Pod Brooklyn's location also places it conveniently close to the Bedford L subway and East River ferry, which enables guests who stay there to explore Manhattan as well as the other parts of Brooklyn.As we reported earlier this year, Pod Hotels has also recently started to expand into the Washington DC area with a location in that city's Chinatown neighborhood, which I slated to share the same emphasis on efficiency and extensive design found at its New York City area brethren. Pod Brooklyn is currently in the construction phaseThe Vos Hotel, Autograph CollectionAnother project worth knowing about is The Vos Hotel, Autograph Collection, which will feature 201 rooms when it makes its debut in the third quarter of 2018. Guests who stay at this property can expect to find a 4,700 square foot banquet area, 150 seat restaurant, 4,500 square foot rooftop bar, a basement lounge, and a 60-foot rock climbing wall. This property is located just 2 blocks from the Barclays Center, home of the NBA team the Brooklyn Nets and a popular location for major concerts. It's also just a quick 1-block walk from Atlantic Terminal, the third largest public transportation hub in all of New York City. This project is currently in the planning phase.TownePlace Suites GowanusThe TownePlace Suites from Marriott is a 113-room hotel comprised of five stories and 52,500 square feet. Located at 561 - 567 President Street near Fourth Avenue, this property is part of Marriott's extended-stay brand, and, perhaps most notable for a hotel located in New York City, it has 28 parking spaces.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 27 July 2017
Laura Lee Brown and Steve Wilson were long known to many as contemporary art collectors and hard-working conservationists, deeply committed to bringing art to the public through innovative programs that were a part of daily life.The couple was also interested in helping to revitalize the downtown of Louisville, Kentucky, which in the past two decades has undergone a rebirth and become one of the true tourism gems of the American South. The combination of these interests led to the duo founding 21c Museum Hotels in 2006, creating a brand that has grown today to include 7 locations throughout 6 different states. The brand even has a location in Nashville, which has risen in prominence among international tourists thanks to its food, history, and country music. Future plans call for a location to open in Miami.The concept behind 21c Museum Hotels is a simple one to grasp: consume global culture while connecting with local communities, all within a multi-venue contemporary art museum, boutique hotel and chef-driven restaurant.While all 21c Museum Hotels possess unique backgrounds and stories, the most interesting to examine is the Louisville location that gave the brand its start. The founders built it with the help of architect Deborah Berke, converting five 19th century warehouses into a 90-room boutique hotel, complete with what would become the brand's signatures: an on-site contemporary art museum, award-winning restaurant (in this case it was called Proof on Main), and a cultural civic center, all in the heart of Downtown Louisville.The immense success of the popular and beloved Louisville property brought the chain its opportunities for continued growth. Today, the founders have forged a brand known for unique site-specific art installations, architecture, and design. Each restaurant within the brand is unique, dictated and driven by the world-class chefs chosen to oversee them. The idea is in keeping with the founders' background as the creators of public art programs: 21c Museum Hotels provide a chance to discover new artwork around every corner, artwork aimed at fueling creativity and igniting the minds of those who view it.Visitors will find this artwork everywhere, including in the restaurant and bar, the in-room video art channel, elevator lobbies, hallways, and even inside public restrooms. This hybrid hotel concept has garnered attention and praise from such notable outlets as Conde Nast Traveler and The New York Times, which described it as "one of the pioneering examples of bridging the worlds of art and hospitality."21c Museum Hotels has the following projects currently in the pipeline:21c Museum Hotel Kansas CityA partnership involving 21c Museum Hotels LLC of Louisville, Ky., closed on the purchase of Downtown's historic Hotel Savoy, 219 W. Ninth St., which will be transformed into a boutique hotel.21c Museum Hotel IndianapolisThe project will include the rehabilitation of Old City Hall and the construction of a new addition on the adjacent parcel into a 21c Museum Hotel and unique tenant space.21c Museum Hotel Miami HelmThe accompanying 135-room boutique hotel, which will also display art, will include a rooftop pool terrace, bar and lounge, a chef-driven food-and-beverage concept, and meetings and event space.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
New Hotel Construction in Italy Continues Country's Long Reputation as a Top International Destination [Infographic]
TOPHOTELPROJECTS - 26 July 2017
There are few countries in the world that rank as a more popular destination for tourists than Italy.The list of draws is wide and varied: world-class cuisine, historical sites that speak to the roots of modern western civilization, religious pilgrimage destinations, some of the planet's greatest art, and, it bears mentioning twice, the world-class cuisine. Whether in search of a week in a historic city like Rome, or a relaxing and stunning drive through unmatched landscapes in hilly country, Italy has much to offer, and that's without even mentioning the beautiful islands that dot its coasts.With the popularity of Italy as a hospitality oasis, it behooves all savvy industry stakeholders to stay up to date on projects that are developing within the country. To that end, we've taken a look at the TOPHOTELPROJECTS construction database in order to showcase some of the biggest projects that are currently in the pipeline in Italy.La Pironda - Golf & Country ResortWith 575 rooms, La Pironda ranks as the largest scale construction project in all of Italy. Currently, this one is in the planning process, but once it is completed it will be Piemont's most exclusive residential, golf and country club community. It is strategically located just a quick 15 minute drive from Asti, or a 30 minute drive from nearby Torino.The site of this tourism resort covers 230 hectares of farmland with Barbera-vineyards and truffle cultivations, attractive and beautifully situated in two natural valleys that extend between lovely villages, castles and the other cultural monuments to be found in the triangle of Milano-Torino-Geneva. This entire locale is only 50 kilometers and an 80-minute drive from the shores of the Mediterranean Sea. Bascially, this is project that stands to capture many of the reasons that Italy is at the top of the global list for tourism destinations.Rio Dei Vetrai HotelThe 5 star deluxe property is located on the island of Murano in Venice and will open after extensive renovation and reconstruction. The building used to house a historic glass factory on the island of Murano in the Venetian lagoon. Uniquely located on the waterfront, this veritable gem of a building offers dazzling vistas across the lagoon to Venice and is directly connected to Rio dei Vetrai Canal. Apart from its outstanding location, the hotel will feature a sun terrace, bar with a terrace, cafe, spa area and fitness center, a ball room as well as meeting and convention facilities.La LamaNicknamed The Cloud, due to the nebulous shape inside the building, La Lama's innovative structure is made of fiberglass and silicone hung on a steel frame. Scheduled to be completed and opened by the second quarter of 2018, La Lama will boast 439 luxurious rooms. This property was also designed by Rome-born architect Massimiliano Fuksas.The finished La Lama project will contain an auditorium for 1,800 people, conference and congress halls with seating for 6,000, restaurants, a five-star hotel, and an underground car park. The entire complex is being designed and built with the latest energy-saving materials, using renewable sources for heating and air conditioning.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 25 July 2017
As a supplier, you know how important it is to get your brand and your product noticed, but in such a highly competitive market, it can sometimes be difficult to know where to start. TOPHOTELNEWS recently gave suppliers some top tips on how to spread the word about your business, and one of the best ways is to get your company registered with an online database of suppliers. Well, TOPHOTELSUPPLIER is one of the fastest growing online directory for international suppliers, and offers the first complete listing of all hotel suppliers in one place. Whereas previously, suppliers had to go to the hotels themselves, this type of online platform lets your customers find you, and not the other way around, taking the hassle out of the chore that is increasing your company's visibility.Since May 2017, TOPHOTELSUPPLIER has over 3,000 suppliers listed on its database. The platform focuses on direct benefit for the supplier through the specialised filters and categories listed on the site, which streamline the search facilities, bringing your ideal client to you in far fewer steps. TOPHOTELPROJECTS has already proved successful in acquiring and organising large quantities of data across many aspects of the hotel industry, and now it is time to make all that data work for you, the supplier. It is our intention to improve the communication channels between client and supplier by having a fully integrated site that works across all types of media, a clean look and feel with an optimised user interface, but most importantly for us, we want to make TOPHOTELSUPPLIER accessible to everyone working in supply within the hospitality industry. This is why it is free for suppliers to register, enabling them to try out our system and see the results for themselves. There are also more advanced packages, the Premium package for International Suppliers, or the Premium package for Regional Suppliers, both of which give you access to more information and allow you to expand your profile on the site. Contact us today for more information on email@example.com.More information on how to list your company can be found on TOPHOTELSUPPLIER, the first complete directory of leading hotel suppliers worldwide.
TOPHOTELPROJECTS - 21 July 2017
The very idea of spending a holiday in cities like London, Berlin, Rome, Paris, Barcelona and Prague, among many others, has long been synonymous with luxury. There is a rich history in Europe and a diverse plethora of sites and landscapes and foodie meccas and museums and beaches...the list goes on and on.In fact, one might credit European hoteliers as inventing many of the luxury touches and trends that are now common place in Dubai, Las Vegas, Tokyo and many other cities outside of the continent. With all of this in mind, there is an industry-wide tendency to not think of Europe when the conversation turns to growing markets. According to information from TOPHOTELPROJECTS database, however, this tendency is foolhardy.There are few surprises in terms of what cities are undergoing the greatest amount of hotel growth, with cities in Germany proving to be particularly strong in this regard.The following is our selection of the most interesting hotel projects currently underway in Europe:Pan Pacific Heron PlazaThe Land may be developed into a 43-storey tower with an estimated total gross floor area of 52,255 square metres comprising: residential units for sale, an hotel, and a retail component.Hilton Catania Capo MuliniThe hotel Perla Jonica village of Acireale, Sicily, will be named the Hilton Hotel Capo Mulini. The hotel will have an event space spread over 2,500 m2: a plenary hall by 1,700 m2 divided into three separate rooms, a space of 550 m2 for outdoor events, two meeting rooms and a business center open 24 hours.Andermatt Swiss AlpsAndermatt is a year-round destination in the heart of the Swiss Alps. Andermatt Swiss Alps resort is currently being developed in Andermatt. The complete resort will include six 4- and 5-star hotels, 490 apartments in 42 buildings, about 25 chalets, convention facilities as well as an indoor pool.More information on hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 20 July 2017
The European and Asia Pacific markets also account for a sizeable portion of the new openings, claiming 292 and 407 projects respectively. The Asia Pacific market continues to attract holidaymakers and tourists to its idyllic shores and as such also continues to draw hotel developers and investors. And despite some horror of the recent slew of terrorist attacks happening across Europe, travelers are not deterred from visiting this cultured continent, as the continued investment in this region attests to too. Perhaps not surprisingly, China and Germany lead the way in these respective markets, with China boasting a total of 166 new hotels and Germany 112 before the year is out.The lion's share of these openings will fall into the 4-star category, with 732 projects being aimed at the upper scale of the market. 143 projects will be 3-star while luxury is still in demand, as evidenced by the 477 5-star projects that are underway. The Middle East and Africa also feature on the list, with 68 projects to open in Africa while 160 will open in the Middle East.Hilton seems to be heading towards conquering 2017, as three of its brands, the Hilton Garden Inn, Doubletree by Hilton and Hampton by Hilton taking the top spots with 37, 32 and 31 projects to open this year respectively.Let's take a look at the most interesting projects opening this year:Jaz by Steigenberger StuttgartSteigenberger is expanding in Stuttgart. The Frankfurt-based company will be represented in the exclusive hotel and residential project Cloud No. 7 of the new Europaviertel district, with a design-driven first-class hotel.Burgenstock Resort Lake LucerneBurgenstock Resort Lake Lucerne includes the following projects:- Park Hotel (Burgenstock Hotel)- Palace Hotel- WaldhotelVillages Nature ParisLes Villages Nature de Val d'Europe (<< Villages Nature >>). The Villages Nature site is located 6 Km south of Disneyland Paris, north of the Brie Forest (in French: Brie Boisee), in Seineet-Marne.More information on the hotel openings can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 19 July 2017
This success in India is being powered by a pair of factors. The first being massive success in the online travel market, which is expected to account for between 40 and 50 percent of the total hospitality transactions in India by 2020. The second factor is the explosive growth in hotel construction that the country is currently undergoing.There is a valuable lesson to be learned for hotel operators by examining the intersection of these two factors. By 2020, one in three hotel rooms in India is expected to be booked online. Meanwhile, India is currently undergoing a massive increase in the use of smartphones and digital payments, which is driving significant changes to commerce in the country. Simply put, the lesson to be learned from all this is that to be successful in India, hotels must emphasize the role of mobile and online booking options, without, of course, neglecting the personalization that Indian travelers are looking for.The Google India and BCG report also gleaned some valuable facts about the real people who make up this increase in Indian travel. That report found that for most consumers in India, a vacation is a thoroughly thought out and long planned event, which they begin to prepare for many weeks in advance. The average hospitality consumer in the Indian market spends about 49 minutes over the course of 46 days preparing, visiting as many as 17 different online touchpoints before they ultimately complete the booking process. Each individual online session, however, lasts about 3 minutes. Experts say this yet another indicator of how important it is for hotels to have a web presence that is friendly to mobile visitors.Let's take a look at the most interesting hotel projects in India:Four Seasons Hotel NoidaFour Seasons has entered North India with tie-up with realty firm, The 3C Company, for their mixed-use project 'Delhi One' at Noida. Besides a hotel in Noida, Four Seasons will also offer branded residences in this project which will be sold by invitation.Le Meridien Delhi NCR, NoidaNear corporate offices, shops, and entertainment, Le Meridien Delhi NCR, Noida is set in a forward-thinking city just outside India's capital.Conrad BangaloreThe Conrad Bangalore will be located in the emerging suburb of Indiranagar, a developing Asian IT hub for numerous international firms.More information on hotel construction can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 18 July 2017
Trade ShowsAny hotelier worth their salt will attend industry trade shows to keep up to date with the latest developments in their field. To stay competitive, hotels and hoteliers must know what's new and what's hot, and trade fairs are one of the best ways to see a wide range of options all under one roof. Suppliers should follow organisations who run trade shows and get in touch to reserve a stall at the fair, read industry news outlets to find out about upcoming events and join trade associations to connect with other professionals in the field.Direct SalesContacting hotels directly to offer your services is another way of getting your name out there in the industry. While cold calling may not be to everyone's taste, it is one of the cornerstones of sales and many hotel brands will be eager to learn about new products and services. It would wise to define your target and aim for hotel chains that you think your product or service would suit, and this also cuts down on wasted resources. Decide to contact a certain brand or category of hotel, then find out who is in charge of the particular area you wish to pitch your product to and contact them directly.List your company on an online directoryThis is one of the best ways of selling your product to a client. Online databases and directories benefit from search options and filters so that a client can find exactly what product and service they are looking for. TOPHOTELSUPPLIER for example, is one of the world's leading supplier databases and many top hotels will use this platform to find a wide range of services and products, from architecture and interior design to media services and consumer goods. It is free to register and will give your company the exposure it needs to be at the front of the supplier chain.DistributorsAligning your company with a reputable distributor can take a lot of the work out of selling to hotels. Distributors are experienced in marketing and sales and will already have a vast network of hotels they supply to. If your company is local, tt would be a good idea to define the area you wish your product to be sold in and work with a distributor who knows the region well. Alternatively international hotel distribution companies will have a wider reach and will perhaps work with more big name brands.
TOPHOTELPROJECTS - 17 July 2017
According to information from the TOPHOTELPROJECTS database, this is going to be the most robust month on record for the industry in terms of openings in some time. The bulk of these projects are located in three countries: the United States, China, and Germany. The three most common brands that make up the ranks of the new properties are Marriott Hotels and Resorts, Hampton, and Four Points by Sheraton, although the information does warrant a more nuanced breakdown.Let's take a look at the black and white numbers involved with July 2017, which provide a great deal of insight into the projects coming this month.First of all, the most projects are going to be opening in the United States, where a total of 48 projects will be debuting, while 16 other hotels open doors to the public in the rest of the Western Hemisphere, which includes Canada and all of Latin America. Meanwhile, the next most prolific region for hotel openings is Asia Pacific, where 59 total projects will come to completion, with China leading the way there by playing host to 29.For third place, Europe narrowly edges out the Middle East, with 48 new projects to the latter regions 47. The new hotel leader in Europe for the month is Germany, which expects to see a total of 17 new hotels opening their doors on its soil. Finally, it's also worth noting that 20 projects will be debuting in Africa.Of these new hotels, the brand representation is more or less scattered. As was mentioned above, Marriott Hotels and Resorts is the leader, but its direct brand is only responsible for 11 of the projects, while Hampton claims 9 and Four Points by Sheraton 7.In terms of the luxury involved here, the majority of the new hotel projects debuting in July 2017 will be four stars, with 125 total falling into that category, while 95 fall into the five star division and 18 fall into the three star classification.Let's have a sneak peek at some of our favourite hotel openings in July:Motel One ZurichConversion of existing buildings into a hotel in Zurich, Switzerland.Hampton by Hilton AachenHotel with 5 storeys on the area of the old Tivoli at Krefelder Strasse.Ibis Wien HauptbahnhofConstruction site QBC-5 with two Accor hotels.More information on hotel openings can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 13 July 2017
The hard brand Yotel is at the front line of luxury affordable accommodation. Heavily associated with airline travel and inspired by the compact accommodation of Japanese hotel cabins, Yotel's cabins are designed around their guests to provide them with the maximum comfort and luxury at a fraction of the cost of more typical hotels. Conceived of by founder Simon Woodroffe after he was upgraded to first class and realised the possibilities of creating small-scale luxury accommodation, Yotel opened its first hotels in London at Gatwick and Heathrow airports in 2007, with its next property welcoming guests in Amsterdam's Schiphol Airport in 2008.The concept behind Yotel is to offer busy travelers economic places to sleep while at the same engendering a sense of community by providing guests with co-working spaces, communal areas for social events and, of course, all the modern conveniences you would expect from a high quality hotel.Yotel's first city property opened in New York in 2011 and boasted 713 rooms close to Times Square. This was a big leap for the company in terms of moving out of purely airport accommodation and into urban zones where travelers could avail of the quality cabins in dense, cosmopolitan locations. In 2014, plans were announced for a new city centre property in Singapore, with plans for London and Boston following in 2016. The chain currently operates 6 hotels London, Paris, Amsterdam, New York and Boston, with Singapore and San Francisco hotel openings in the pipeline. The new YotelAir brand was launched in 2017 which will take over the operations of Yotel's airport hotels, with its first new property set to be an adaptive reuse project in San Francisco.Let's take a look at some projects currently underway by Yotel:Yotel AmsterdamThe cabin hotel will be located in the Amsterdam Noord area of the city, and will feature "significant outdoor space, an outdoor terrace next to the water, boat docking spaces and a unique sustainable water system".Yotel DubaiThe hotel is part of a major new development located on Sheikh Zayed Road, directly adjacent to the upcoming Dubai Water Canal Project and at the gateway of Business Bay, the city's fastest growing business district.Yotel MiamiThe mixed-use development project will also include multiple retail and food and beverage outlets along with high-end residential units, all just steps from Biscayne Bay.More information on Yotel can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 12 July 2017
The reason for this focus is a simple one, according to industry experts, in that these markets offer positive tourism trade fundamentals, as well as long-term demand and supply that is likely to stay balanced. With this in mind, it is also important to note that their continues to be investors in search of opportunistic moves in the region's many key emerging tourism markets, such as Vietnam.Let's take a closer look at the relevant numbers: Asia Pacific hotel investment volumes in 2017's first half were a shade more than $2.9 billion, and there has so far been a shortage of investment grade hotels on the market compared to this time in recent years. Experts have reported just 28 hotel deals being made throughout six countries that total more than 5,000 rooms for guests, with the average price per key of all these transactions recorded at $486,600.It is, of course, relevant to note that Airbnb and other alternative accommodation operators have disrupted hotel performance as of late in the region's larger cities, although a legislative bill passed by the National Diet of Japan in June has changed this for that county, outlawing any illegal operators starting in 2018 for Japan.This move comes amid what could be a significant downturn for the island nation, with no Japanese transactions qualifying for the Top 10 single-asset transactions list with limited big ticket deals recently on the market. However, it may not be time to panic just yet, as portfolio transactions in the country have remained eagerly contested, meaning that Japan's long-term hospitality outlook is positive, especially with the Summer Olympics set to take place there in the year 2020."Hong Kong and Australia have been the standout markets in the region in terms of inbound investment, amounting to just under US$1.5 billion altogether, driven by robust tourism growth and solid trading performance driving investment activity in Australia," says Frank Sorgiovanni, Head of Research, Asia Pacific at JLL Hotels & Hospitality Group.Australia has become a firm favorite among Asian-based hotel investors with several buying chances arriving in the market as of late, especially in the Sydney and Melbourne markets. In fact, the majority of Australian deals actually took place in Melbourne, with the exception of InterContinental Sydney Double Bay, which sold for $104 million, making it the highest recorded value for a hotel in Sydney's suburban areas. This property was acquired by a consortium of investors based out of China. The outlook for Sydney in the months to come is also a positive one, with the recent addition of the International Convention Center providing a great boost to the city's hotel trading performance and MICE industry, along with new supply in the pipeline that will likely blossom as the city's occupancy limits are tested, approaching a marketwide cap.Let's take a look at some projects currently underway in Australia and Hong KongHarbour Grand Kowloon Extension5 additional levels of office and 10 additional levels of hotel accommodations on top of the two existing office and hotel towers which are still in operation during construction.New World Centre Hotel 2Plans call for two new hotels on the site of the demolished New World Centre on the harbourside at Salisbury Road in Tsim Sha Tsui. The 63-storey Rosewood Hong Kong and a neighbouring 334-room hotel.Sofitel Sydney Darling HabourLend Lease is funding, developing and building the new Sofitel Sydney Darling Harbour and on completion it will be sold to Dr Schwartz.The Westin BrisbaneIdeally situated for business and leisure travellers, The Westin Brisbane will feature guest rooms with sweeping views of the river and city skyline.More information on hotel construction can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 11 July 2017
PENTHOUSE in the City will be on display soon across the globe, as the brand currently has a great desire to bring its offerings to hotels and lounges in some of the world's most stunning cityscapes and gorgeous getaway havens, including Paris, Tokyo, Hawaii, London, Amsterdam, Berlin, Barcelona, Bucharest, Copenhagen, Shanghai, Hong Kong, Singapore, Mumbai, and Marrakech. Basically, the idea here is simple but effective: bring everything that travelers love about New York City to some of the most vaunted destinations in the world. Luxury hotels can now become New York in their own cities, all thanks to Penthouse, which is touting its new concept as "a taste of the Big Apple dipped in honey."This is a true luxury lifestyle hotel concept, one evocative of the ultra-modern, chic Brooklyn design style. What PENTHOUSE seeks to do is bring the styles one finds in New York City to hotels in destinations such as Buenos Aires, Marrakech, Copenhagen, and Moscow, thus becoming a global standard for this type of property. Think exposed brick walls, minimal yet luxurious design, high ceilings, tall windows, and small touches that pay homage to retro ideas while still remaining intensely modern--this is the aim of PENTHOUSE IN THE CITY.Penthouse, which is a brand licensing company with more than 50 years of history in the hospitality space, is currently looking for investors and property owners in order to move forward with the concept. The company offers franchise opportunities and is looking for JV partners. Ideal candidates for such partnerships understand the value in working with an international luxury and lifestyle brand that conveys unparalleled lavishness and sophistication based on the vitality of New York City.The company is in search of investors, buyers and hotels for sale. In general, an ideal property is one that falls in the upper upscale hotel designation, often with four stars. In most cases it will have about 200 hotel rooms, meeting space, two restaurants (3-meal and signature), lobby bar, pool and bar, coffee bar, gift shop, spa with fitness center, and parking.Penthouse offers partners a professional business plan done by California-based OGS Capital, which specializes in the luxury hotel space. OGS Capital and their team of researchers, consultants, and designers take the guesswork out of crafting something that is both impactful and persuasive, providing original documents with well-defined business goals at their centers.This all adds up to a luxury hotel concept that is currently providing excellent opportunities for investors, but will soon likely have major positive ramifications for travelers who love both New York and seeing the world.For more information please contact Dr. Fred Rosengart, Business developer of Luxury Life Style Brands. Penthouse Global Media Inc. / Rosengart & Associates (Roxo Ltd.). Mobile; +972 52 280 9500. Email; firstname.lastname@example.org
TOPHOTELPROJECTS - 10 July 2017
While Carnival--which features some of the largest and decadent city-wide parade events in the world--may steal headlines when it comes to the tourism industry in Brazil, it's far from the only enticement for would-be visitors. The beaches of Rio de Janeiro are gorgeous, and filled with gorgeous people, while eco tourists and adventures are sure to flock to the countries extensive tropical rain forests.It's a cliche in the hospitality industry to say that a place offers something for everyone, but this may be true of Brazil, which presents a tapestry of people, places and events as rich as any locale on the planet. The Brazilian economy has also become a major player over the past two decades, rising in an array of areas, from agriculture to real estate, meaning that hotel owners and operators have seen a boost from business travelers to the country as well.With all this in mind, it's important to keep informed about what's currently happening in South America's largest country, and, of course, one of the best ways to do so is by being aware of the largest hotel pipeline projects that are currently underway.Fairmont Copacabanais one of the most famous neighborhoods in all of Brazil. It is located in the South Zone of Rio de Janeiro, and it possess an amazing 4 kilometer (2.5 miles) stretch of beautiful beaches that are among the most famous on the planet.It hardly comes as a surprise that Fairmont is currently undertaking a $164 million construction project there that is expected to debut in the third quarter of 2018. Located in one of the city's prime destinations, this hotel will bring even more visibility to a world-famous area, helping to satisfy the many tourists who visit from all over the world. It will also feature an 800-seat convention hall, a new pool area with private lounges that overlook Copacabana Beach, and a luxury spa with a private VIP suite.Hard Rock Hotel BrasiliaThe Hard Rock Hotel has some of the most recognizable branding on the planet, thanks to its vast host of souvenirs and t-shirts that sport its nearly ubiquitous logo. For many cities, having a Hard Rock Hotel or cafe is a sign that they have reached a certain level of prominence.The Hard Rock Hotel is currently expanding in Brazil, with a 400-room property that is in the pre-planning stage for the coastal city of Guarapari. This hotel is designed to complement the Inframerica airport expansion, providing its more than 19.5 million annual passengers with an upscale retreat in close proximity to the thriving destination. This Hard Rock Hotel will also feature a sprawling pool and deck, more than 17,000 square feet of space for event hosting, the brand's signature restaurant and a rooftop entertainment lounge, as well as a spa and fitness center.More information on hotel construction can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.
TOPHOTELPROJECTS - 7 July 2017
Since the beginning of 2017, foreign investment has been increasing in St. Petersburg, one of Russia's most beautiful and storied cities, Russian President Vladimir Putin said during his recent address at the 21st St. Petersburg International Economic Forum."In the first quarter, the inflow of direct foreign investment into the Russian economy amounted to seven billion dollars. Notably, this is the best indicator for the relevant period in the past three years," Putin said.This is notable not just for hotel owners and operators in Russia, but for stakeholders across the globe as well. Both Moscow and St. Petersburg, at their best, can prove to be a robust market for tourism and hospitality. With that in mind, it's important to take note of some of the major upcoming hotel construction projects currently underway in St. Petersburg.Let's take a look:Holiday Inn St. Petersburg - ProletarskayaThe Holiday Inn St. Petersburg - Proletarskaya will be part of Expoforum International, the latest and most modern convention center in St. Petersburg, when it is completed in the second quarter of 2018. Currently, this project is in the under construction phase.One of the property's top assests is its location near the Proletarskaya underground station, which enables guests to easily reach Nevsky Prospekt in the city center, just fifteen quick minutes away. The 414-room hotel is also likely to welcome many guests who are attending events at the convention center, as well as business guests with affairs to attend to in the nearby business parks.Of the Holiday Inn St. Petersburg - Proletarskaya's 414 rooms, 18 will be suites. The property will also feature extensive meeting facilities, including a conference center and a sizeable congress hall with a 1,000-seat capacity. The hotel will, of course, also feature its brands signature Open Lobby, with a 24-hour restaurant and bar. Industry experts will of course remember that it was this Open Lobby that transformed traditional lobby spaces by combing the front desk, lobby, restaurant, bar, lounge area and business center into a single cohesive space with a refreshing design and contemporary feel. The influence of this is still felt today throughout the industry.Hilton St. Petersburg ExpoforumOkay, so technically this hotel is a recent opening, rather than a current member of the St. Petersburg construction pipeline. However, it's so young that it bears inclusion in our list. This 235-room hotel is a new 2017 addition to St. Petersburg.Hilton Worldwide has announced the signing of a management agreement with Expoforum JSC for a dual-branded project that features a Hilton and a Hampton by Hilton Hotel, both of which are now located at the Expoforum, Russia's newest international convention and exhibition center. In addition to 235 rooms, this property features 21 suites, as well as a specialty restaurant, all-day dining, lobby bar, and event space totaling 1,600-sqare meters, plus a business center and health club with an indoor pool.aloft St. PetersburgThere is likely no hotel brand on the planet that is as prevalent and hip as aloft, which is making major gains on a seemingly daily basis.The brand's St. Petersburg location, which will be in the northern part of the city overlooking the Neva River, is currently in the planning process, with a projected opening sometime during the first quarter of 2018. Once finished, this property will offer atmospheric public spaces for guests to mix and mingle, read the paper, work on laptops, play pool, or share a drink with friends at the lounge or bar. In addition, all loft-like guest rooms will boast high ceilings, oversized windows and an ultra-comfortable platform bed, plus large walk-in showers.More information on hotel construction in St. Petersburg can be found on TOPHOTELPROJECTS, the specialized service provider in the exchange of cutting-edge information of hotel construction in the international hospitality industry.