Development: Page 15

  • The lobby of a luxury hotel with two men behind an illuminated check-in desk and big white lighting fixtures overhead.
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    mgstudyo via Getty Images
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    Foreign hotel investment will rise in H2 2023: JLL

    Activity in the luxury space is also expected to continue, driven by interest from first-time hotel buyers.

    By Michele Laufik • Aug. 10, 2023
  • The Dallas skyline
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    Pgiam via Getty Images
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    Dallas, Atlanta lead US hotel construction pipeline

    The cities had the most hotel projects planned or under construction at the end of Q2, according to Lodging Econometrics.

    By • Aug. 3, 2023
  • A hotel under construction
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    Ziga Plahutar via Getty Images
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    Upscale, upper midscale segments dominate growing US hotel construction pipeline

    A Q2 Lodging Econometrics report noted the pipeline grew 7% year over year, with development in higher-end segments and extended stay leading.

    By • July 28, 2023
  • An exterior image of a hotel
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    Retrieved from Canyon Ranch on July 28, 2023
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    Canyon Ranch receives $150M from VICI Properties for Texas expansion

    The resort brand entered into a strategic partnership with the real estate investment trust to support several new wellness-focused developments in Austin, Fort Worth and Houston.

    By • July 28, 2023
  • A computer rendering of an Echo Suites
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    Permission granted by Wyndham / WHG Comm
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    Wyndham adds 60 hotels to Echo Suites pipeline

    The company is ramping up extended stay development amid competition from brands by Marriott, Hilton and Choice.

    By • July 26, 2023
  • A rendering of a hotel and residences project in Miami
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    Courtesy of Mandarin Oriental Hotel Group
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    Mandarin Oriental Hotel Group to manage hospitality development in Miami

    The company will operate a luxury two-tower hotel and residence development planned for the southernmost point of Brickell Key island.

    By • July 20, 2023
  • A hotel looms in the foreground on a bright, sunny day in Naples, Florida. The building is a beige stone with a reddish roofing, and the building is massive. The ocean is in the background.
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    Courtesy of The Ritz-Carlton
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    How Hurricane Ian slowed down Ritz-Carlton Naples’ renovation timeline

    The project in Naples was supposed to wrap in December 2022, but Hurricane Ian damaged the building when it struck in September and added more work.

    By Matthew Thibault • July 18, 2023
  • A rendering of the Miami Riverbridge project shows diners at tables on an outdoor terrace and pedestrians walking on sidewalks along the Miami River.
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    Courtesy of Hyatt Hotels Corporation and Gencom
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    Hyatt, Gencom one step closer to extensive Miami riverfront project

    Miami’s City Commission voted to approve a lease agreement for Miami Riverbridge, which will activate a portion of the city’s riverfront and revamp the Hyatt Regency Miami.

    By • July 17, 2023
  • A rendering shows a planned Hilton Hotel in Arcadia, California.
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    Courtesy of R.D. Olson
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    R.D. Olson starts $65M Hilton hotel in California

    The project includes the adaptive reuse of an existing three-story office building as well as a new six-story tower.

    By Joe Bousquin • July 17, 2023
  • An image of a hotel restaurant interior
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    Courtesy of The Point PR
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    Margaritaville to open first ski resort in Lake Tahoe

    The $70 million redevelopment project will offer year-round outdoor recreational activities at a time when leisure travelers are demanding more experiences.

    By • July 14, 2023
  • An image of a hotel interior
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    Retrieved from Ritz-Carlton on July 11, 2023
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    Ritz-Carlton Naples reopens after extensive redesign, expansion

    The Florida hotel features a new tower, redesigned guest rooms and amenities, and opens as the luxury lifestyle category sees strong performance growth.

    By • July 11, 2023
  • A room at the Mondrian Hotel in New York.
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    Retrieved from The Mondrian Hotel on July 07, 2023
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    Global Holdings acquires Mondrian Hotel in NYC

    The acquisition of the 190-key Manhattan boutique property aims to attract rising numbers of tourists to the city.

    By • July 7, 2023
  • An interior shot of The Crescent Hotel in Fort Worth.
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    Courtesy of The Crescent Hotel
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    Luxury property The Crescent Hotel to open in Fort Worth amid real estate boom

    Construction projects and developments, including hotels, are skyrocketing in America’s fastest-growing city.

    By • June 29, 2023
  • An aerial shot of the Marriott Hilton Head Resort & Spa.
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    Courtesy of Marriott Hilton Head Resort & Spa
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    Marriott Hilton Head Resort & Spa completes $10M renovation

    Second-phase renovations revamped 513 guest rooms and suites at the beachfront resort in South Carolina.

    By • June 29, 2023
  • An aerial shot of the Hilton Dallas/Plano Granite Park.
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    Retrieved from Hilton Dallas/Plano Granite Park on June 27, 2023
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    Driftwood Capital acquires Hilton Dallas/Plano Granite Park Hotel

    The acquisition is the Florida-based firm’s third in the Dallas-Fort Worth market.

    By • June 27, 2023
  • The Denver skyline
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    miroslav_1 via Getty Images
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    Denver hotel to be converted to affordable housing

    The Clarion Hotel would be the largest hotel in the city to be converted into a shelter for individuals experiencing homelessness.

    By • June 26, 2023
  • A rendering for Zeal Hotels' forthcoming net zero carbon hotel.
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    Retrieved from Zeal Hotels on June 23, 2023
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    IHG partners with Zeal Hotels for net-zero carbon hotel

    The U.K.-based 142-room hotel will be entirely powered by solar energy. 

    By • June 23, 2023
  • A rendering of a resort and casino
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    Courtesy of Graton Resort & Casino
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    Bay Area resort and casino undergoes $1B expansion

    The Graton Resort & Casino in Rohnert Park, California, will double its hotel room count. 

    By • June 20, 2023
  • A rendering of a new hotel in Pasadena shows a street scene at night.
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    Courtesy of R.D. Olson
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    R.D. Olson breaks ground on $60M Marriott hotel

    Interior design elements at the Pasadena, California, hotel will include wood surfaces, fireplaces, water features and penthouse suites.

    By Joe Bousquin • June 20, 2023
  • The exterior of the Plaza Athenee in New York City.
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    Retrieved from Plaza Athénée Hotel on June 15, 2023
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    Nobu announces first NYC hotel

    The hospitality group’s newest location will have 145 rooms on the site of the Plaza Athénée Hotel in Manhattan’s Upper East Side.

    By • June 15, 2023
  • A rendering of an InterContinental hotel
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    Retrieved from IHG Hotels & Resorts on June 13, 2023
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    IHG begins $158M development on San Antonio’s River Walk

    The forthcoming InterContinental San Antonio, on the site of a former Wyndham property, will feature new meeting and event space to accommodate strong business travel to the city.

    By • June 13, 2023
  • Construction workers on a jobsite in Miami.
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    Joe Raedle/Getty Images via Getty Images
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    Weak office, hotel sectors continue to drag on construction planning

    Persistent weakness in the hotel and office sectors are contributing to prolonged low levels of commercial construction.

    By Sebastian Obando • June 12, 2023
  • A rendering of a hotel room
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    Retrieved from Marriott International on June 06, 2023
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    Marriott’s midscale extended stay brand designed with developers, owners in mind

    The new Project MidX Studios prototype will provide a more cost-effective development and operating model than other Marriott brands.

    By • June 6, 2023
  • An exterior image of a My Place hotel.
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    Retrieved from Rimrock Companies on June 06, 2023
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    Rimrock partners with My Place, Choice to develop extended stay hotels in the Southeast

    The firm joins a growing number of developers that find extended stay hotels desirable due to increased profit margins and stable occupancy.

    By • June 6, 2023
  • An interior shot of the Remington-managed Leo Kent Hotel in Tucson, Arizona.
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    Retrieved from The Leo Kent Hotel on June 05, 2023
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    Remington Hotels rebrands as Remington Hospitality

    The new name is intended to reflect the company’s growth in segments outside of traditional hotels, such as wellness, experiential travel and food and beverage.

    By • June 5, 2023