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Wellness-focused Stella Hotel in Texas to enter development   1 Jul, 2015

Located in the Brazos Valley's Texas A&M Biocorridor, The Stella Hotel is at the center of the 200-acre, mixed-use ATLAS community. The 177-room hotel will have a fitness center, 10,000 square feet of ballroom and conference space, resort-style pool area with bar, outdoor event lawn and a...More>>

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CG Hotels & Resorts expands portfolio in India   1 Jul, 2015

CG plans to expand its hospitality portfolio to about 5,000 rooms in India in the next five years. The group, which recently acquired a majority stake in Indian hotel company Concept Hospitality, operates 1,592 rooms across 27 properties under its Fern branded hotels in the country. More>>

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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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Ireland development picks up with investments in Belfast   30 Jun, 2015

After acquiring a nine-hotel portfolio for $560 million at the end of 2014, Delata Hotel Group, Ireland's largest hotel operator, said the trend of cheap hotel deals could be coming to an end in the country. Increased development throughout Ireland, particularly in Belfast, could be a sign of...More>>

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Starwood to open first Luxury Collection hotel in Los Cabos, Mexico   30 Jun, 2015

The resort, owned by Quinta del Golfo de Cortez, will span 33 acres and include a spa, residences, vacation ownership units and a private beach club. Slated to open in June 2017, Solaz will be Starwood's first Luxury Collection hotel in Los Cabos and the brand's seventh hotel in Mexico, following...More>>

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Rating agency forecasts weak India growth through Q1 2016   30 Jun, 2015

According to a report by the rating agency, pan India occupancies are expected to improve by 2-4 percent during 2015-16, leading to RevPAR growth of 3-5 percent, even as supply growth curbs average room rates expansion. Room inventory in the country is expected to grow by 12 percent during 2015-16,...More>>

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Hilton in Australia's Gold Coast sold for $50M   30 Jun, 2015

The deal adds to a Gold Coast property market where more than $650 million in development sites and hotels has been acquired in the past 12 months. The Hilton, which has 169 rooms, was offered for sale in March along with the associated management rights of the hotel's adjacent tower containing 250...More>>

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Hyatt, Wyndham invest in home-sharing rivals to Airbnb   29 Jun, 2015

Onefinestay, a 5-year-old business out of London that focuses on renting out private luxury homes, has raised $40 million — a Series D round of funding that the company plans to use to keep growing its business. Unlike Airbnb, Onefinestay picks only the "finest properties," which it cleans and...More>>

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Starwood properties cut water, energy and emissions    29 Jun, 2015

Starwood Hotels & Resorts Worldwide has reduced energy use by 12.08 percent, carbon emissions by 16.07 percent and water use by 17.26 percent across all owned, managed and franchised properties from 2008 through 2014. The reductions stem from Starwood's 30/20 by 20 environmental goals, launched in...More>>

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DirecTV and UIEvolution partner   29 Jun, 2015

UIEvolution has partnered with DirecTV to integrate the company's technology platform, UIE ExperienceManager, with DirecTV's Residential Experience (DRE) and COM2000 products in the launch of guest welcome screen PRO.More>>




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