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The Ritz-Carlton to Expand Global Portfolio

The Ritz-Carlton to Expand Global Portfolio

CHEVY CHASE, Md.—The Ritz-Carlton Hotel Company will open 15 new hotels by 2016, growing its global footprint to 100 hotels and resorts. New openings ranging from a city property in Cairo to a beachfront resort in Bali. “This prolific period ...

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Carlson Rezidor Underlines Leading Position in Africa

Carlson Rezidor Underlines Leading Position in Africa

Carlson Rezidor holds the largest hotel pipeline in Africa with 30 hotels and 6,300 rooms under development, according to a W Hospitality Group survey. Carlson Rezidor Hotel Group develops and operates Radisson Blu in the upper upscale segment and Park ...

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Starwood to Expand Latin American Portfolio

Starwood to Expand Latin American Portfolio

PANAMA CITY—From the World Economic Forum Latin America in Panama, Starwood Hotels and Resorts Worldwide announced that it has opened Aloft Guadalajara, expanding its footprint to nearly 80 hotels in Latin America, and plans to open 17 more, increasing its ...

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U.S. Construction Pipeline Finally Gains Some Traction

U.S. Construction Pipeline Finally Gains Some Traction

After being locked in a bottoming formation for nine quarters, the U.S. construction pipeline increased in 2013 to 3,020 projects with 382,958 rooms. This represents a year-over-year (YOY) increase of 10 percent by projects and 12 percent by rooms and ...

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Sheraton to Open 35 New Hotels in the Next 12 Months

Sheraton to Open 35 New Hotels in the Next 12 Months

SEATTLE—Starwood Hotels and Resorts Worldwide Inc. has announced from the Sheraton Hotels General Manager Summit in Seattle that its largest brand is poised for record-breaking growth over the next 12 months with 35 new hotels expected to open. Nearly half ...

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