News
Le Royal Monceau - Raffles Paris Reopened its Doors on 18 October 2010
After undergoing important renovation work, Le Royal Monceau - Raffles Paris, which had closed down in June 2008, will be part of the exclusive luxury hotels again on Monday, October 18th. Impelled by Qatari Diar and Alexandre Allard the creative director, designer Philippe Starck completely transformed the place and re-invented its spirit so as to make Le Royal Monceau - Raffles Paris the first hotel in a new generation of Parisian palaces.
Renaissance Hotels Launches RLife LIVE | Entertainment Platform Introduces Guests and Locals to Hidden Gems in Music, Culinary Arts, Design and More
Renaissance Hotels (www.renhotels.com) understands its hotel guests are independent-minded and passionate about life. They are looking for hidden gems and to be “in the know” when it comes to culture and entertainment. To meet the needs of its hotel guests, today, Renaissance Hotels is ushering in a new era in hotel-branded entertainment with the launch of RLife LIVE (www.RLifeLive.com) a large arts platform dedicated to providing its hotel guests and local patrons an up close and personal look into culinary arts, design, entertainment and more. The program launches first with music and will feature an eclectic fleet of emerging artists on the verge of superstardom at various Renaissance Hotels throughout 2010 and into 2011.
Global Hotel Investment Levels up 60 Percent Year-on-Year in Third Quarter 2010
The global hotel investment market experienced a strong first three quarters with transaction volumes reaching US$12.0 billion, a significant 60 percent increase over the same period in 2009, according to Jones Lang La Salle Hotels. Europe, Middle East and North Africa (EMEA) was the most active region for the first three quarters of the year, recording US $5.2 billion of hotel sales (+46% year over year). However, the pace of recovery was strongest in the Americas, where volumes increased 179 percent over the same period in 2009 to total US $4.8 billion. Investment volumes in Asia Pacific, the region least impacted by the global economic downturn, remained strong at US $1.9 billion.
Hyatt And Hersha Development Corporation Announce Agreement For Two Properties In New York
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt subsidiary and Hersha Development Corporation (HDC), a privately owned hotel development company, signed long-term franchise agreements for two newly built hotels in Manhattan, catering to individual travelers and scheduled to open in 2011. The Hyatt-branded full service properties developed and owned by HDC and managed by its affiliate, will include a 175-room innovative and design forward hotel in Greenwich Village, near Union Square, and a striking 116-room contemporary hotel in Midtown Manhattan that will be called Hyatt 48Lex.
Marriott's growth plans include more hotel investments | washingtonpost.com
Marriott International last week outlined plans for substantial growth over the next three years, pledging to selectively use its own capital for loans, minority equity stakes and debt guarantees to aid developments that will fly the hotel giant's corporate flag.
Florencia Tabeni, the GM of the new JW Marriott Marquis Miami, discusses her global career journey and leadership philosophy | miamiherald.com
For the last few weeks, Florencia Tabeni has survived on little sleep as she prepared her new hotel, the JW Marriott Marquis Miami, for its grand opening. Tabeni wanted every detail to scream luxury -- from the full-size basketball court to extra large guestroom closets to the stainless-steel pool. When its doors opened on Oct. 25, the 41-story hotel became the first Marquis in the JW Marriott brand. Its most unique feature is its ``hotel within a hotel.'' The Hotel Beaux Arts Miami rises above the 39th floor and targets an exclusive clientele such as CEOs, high-profile entrepreneurs and celebrities.
Al Maha Desert Resort & Spa Joins Starwood Hotels & Resorts’ Middle East Portfolio
Al Maha Desert Resort & Spa in Dubai will join Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) as the latest addition to its Luxury Collection portfolio, effective today. The resort will be renamed ‘Al Maha, a Luxury Collection Desert Resort & Spa, Dubai’, with Emirates retaining ownership of the resort and Starwood Hotels & Resorts overseeing the management of the property.
W Hotels Worldwide Debuts First W Hotel in Southeast Asia with the Opening of W Retreat Koh Samui, an Island within an Island
W Hotels Worldwide, the hotel category buster and industry innovator, today opens the doors of W Retreat Koh Samui, the first W in Southeast Asia. An all-villa beachfront resort uniquely located at the peak of the north shore of Thailand’s famed Samui Island, W Koh Samui brings an alluring new dimension to Thailand through its location, forward-looking design, and vibrant contemporary lifestyle. The opening of W Koh Samui is also an important milestone as W Hotels continues to grow internationally, on track to more than double its global portfolio by 2012, reaching more than 50 hotels worldwide.
South American Hotel Market Overview | HVS
South America Hotel Market Overview offers a detailed analysis of the region focusing on four key markets – Buenos Aires, Santiago, Lima, Bogotá, setting future trends & opportunities. South America comprises 13 countries and accounts for around 5% of World. GDP. As of 2009 data, Brazil has the largest GDP of the region, with US$ 1,570 billion (54% of South America), followed by Venezuela (12%), Argentina (11%), Colombia (8%), Chile (6%) and Peru (4%). The rest of the countries1 account for the remaining 5%.
HVS EMEA Hospitality Newsletter – Week Ending 29 October 2010
Two New Gardens And One Tree For Russia | Norway 3: Sweden 1 Whitbread’s Leicester Square Premier | A Baby Zetter For London | The Maypole Group Goes Into Administration | More Than One Palace For Herod | Frasers Brings More Hospitality To Dubai | A New Hotel For U In Doha | How to ExCeL at Hotel Investment and Finance | The Shared Ownership Fractional Summit Middle East | NH Hoteles’ Third-Quarter Results | Rezidor Hotel Group Reports Its Third-Quarter Results | Starwood Hotels & Resorts’ Third-Quarter Results |
