Development: Page 5
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The Mirage to close in preparation for Hard Rock’s Vegas rebrand
The resort will shut its doors for nearly three years as Hard Rock works to “change the Las Vegas skyline.”
By Noelle Mateer • May 16, 2024 -
Rio Hotel & Casino names Patrick Miller CEO amid $340M transformation
The former MGM Resorts exec will head the Las Vegas property as it prepares to join the Destination by Hyatt brand this fall.
By Jenna Walters • May 15, 2024 -
Fontainebleau Miami Beach to open convention center
Coastal Convention Center will cater to the growing number of meetings and events travelers visiting the metro area.
By Noelle Mateer • May 15, 2024 -
Choice Hotels opens Everhome Suites, debuting brand standard prototype
The third hotel to open under the midscale extended stay brand meets developer and investor demand for the product type in markets with major medical, manufacturing and logistics facilities.
By Jenna Walters • May 14, 2024 -
Aimbridge taps longtime Marriott exec as chief global growth officer
Eric Jacobs will succeed Allison Reid as the hospitality management company continues leadership shakeups.
By Noelle Mateer • May 14, 2024 -
Hotel industry trends that drove RevPAR declines, pipeline growth in Q1
Marriott, Wyndham, IHG and others saw revenues down year over year in the first quarter of 2024, but development pipelines expanded, with conversions and extended stay leading growth.
By Jenna Walters • May 14, 2024 -
Placemakr makes ‘major’ expansion in Texas
The flexible-use hospitality and multifamily operator is launching four new properties in the Lone Star State.
By Noelle Mateer • May 13, 2024 -
The top extended stay brands and markets to watch in 2024
Hospitality pros share where they predict extended stay development and investment activity will take place this year, as well as which hotel brands are leading the segment.
By Jenna Walters • May 9, 2024 -
Conversions, extended stay drove Choice Hotels pipeline growth in Q1
The hotel company’s record domestic rooms pipeline grew 11% sequentially in the first quarter of 2024, including a 59% increase for conversion rooms.
By Jenna Walters • May 8, 2024 -
Latest Tempo by Hilton hotel opens in Louisville
Tempo by Hilton Louisville Downtown NuLu is the third property to open under Hilton’s expanding lifestyle brand.
By Noelle Mateer • May 3, 2024 -
The Venetian Resort in Las Vegas to undergo $1.5B renovation
The project, which the Venetian claims is “the largest and most expensive hotel renovation in history,” will touch every aspect of the resort, from its logo to its suites.
By Jenna Walters • May 3, 2024 -
IHG opens first dual-branded Avid Hotels and Candlewood Suites property
The company has 40 additional dual-branded locations in its Americas pipeline to follow the North Platte, Nebraska, opening.
By Noelle Mateer • May 1, 2024 -
Long-vacant Las Vegas lot poised for multibillion-dollar resort project
Developer LVXP is planning an entertainment and lifestyle venue, anchored by an “ultra-luxury” hotel and sports arena, at a site where a similar project failed just months ago.
By Jenna Walters • April 30, 2024 -
Cordish Companies, Bruce Smith Enterprise to develop $1.4B Virginia casino resort
A 200-room Live! Casino & Hotel will anchor the Petersburg, Virginia, mixed-use development pending voter approval.
By Noelle Mateer • April 29, 2024 -
Extended stay ‘dominates’ record US hotel construction pipeline
In the first quarter of 2024, the total hotel project pipeline increased 9% year over year, with extended stay and conversion properties contributing to the growth, according to Lodging Econometrics.
By Jenna Walters • April 26, 2024 -
Failed Choice Hotels deal drives developer interest for Wyndham in Q1
Wyndham grew its development pipeline to record highs in the quarter, bolstered by an easing of developer uncertainty surrounding Choice Hotels’ takeover bid.
By Jenna Walters • April 25, 2024 -
Record pipeline, group travel drive Hilton growth in Q1
The company made several moves to further bolster its pipeline in the quarter, particularly through acquisitions and partnerships in the growing lifestyle segment.
By Noelle Mateer • April 24, 2024 -
Luxury lifestyle brand Edition to open first Midwest hotel in Detroit
Downtown Detroit’s first five-star hotel will occupy 45 floors of a high-rise near General Motors’ future global headquarters.
By Noelle Mateer • April 19, 2024 -
Nobu brings hotel, restaurant to Caesars New Orleans redevelopment
The hospitality players are once again joining forces — this time to revamp the former Harrah’s hotel and casino in a multimillion-dollar project.
By Jenna Walters • April 18, 2024 -
Dual-branded Marriott hotel underway in North Phoenix
The property will feature an AC Hotel by Marriott and Element by Westin under one roof as developers cater to growing business travel to the area.
By Noelle Mateer • April 17, 2024 -
Under Canvas expands to California as glamping market heats up
The upscale outdoor hospitality company will open an 80-acre camp near Yosemite National Park in 2025.
By Noelle Mateer • April 12, 2024 -
Hilton brings lifestyle, conversion brands to Canada
Hilton’s multi-brand expansion in the country will see the newly launched Spark by Hilton chain go abroad for the first time, as conversions and lifestyle hotels drive the company’s portfolio growth.
By Noelle Mateer • April 9, 2024 -
Hotel brands look to conversions, partnerships to increase net unit growth: JLL
Growth in hotel conversions — which has been spurred by elevated interest rates and higher construction costs — is expected to continue into 2025.
By Noelle Mateer • April 2, 2024 -
Hilton Tapestry Collection adds lifestyle property The Knoll Hotel Napa Valley
Hilton’s collection brands — part of its growing lifestyle portfolio — are a major source of conversions for the company.
By Noelle Mateer • March 28, 2024 -
IHG debuts room prototypes for Staybridge, Candlewood and Atwell Suites
New room options for the company’s three suites brands were designed to offer developers more flexibility in the “rapidly growing suites space.”
By Noelle Mateer • March 27, 2024