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U.S. Hotel Pipeline Shows Modest Recovery

U.S. Hotel Pipeline Shows Modest Recovery

First quarter results show that the total U.S. pipeline has begun a modest recovery off the cyclical bottom established just a year ago in the first quarter of 2012. The improvement is a result of increases in both new project ...

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Whitbread Launches New Hotel Concept in the UK

Whitbread Launches New Hotel Concept in the UK

Whitbread PLC, a UK-based hotel group, announced the launch of its new hotel concept, Hub by Premier Inn. The new concept will target major UK city centers such as London and Edinburgh, with the first property set to open on ...

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Starwood to Launch Three New Hotels in Makkah

Starwood to Launch Three New Hotels in Makkah

MAKKAH, Saudi Arabia—Starwood Hotels and Resorts Worldwide has signed an agreement with Jabal Omar Development Company to open three new hotels in the Holy City of Makkah. As part of the Jabal Omar Development project, Starwood will add 1,496 rooms ...

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Hyatt Place Brand to Develop Nine Hotels in Brazil

Hyatt Place Brand to Develop Nine Hotels in Brazil

CHICAGO—Hyatt Hotels Corporation announced the execution of an agreement to form a joint venture between a Hyatt affiliate and FSA Group S.A. (FSA), a Libra Group company, to develop and own nine Hyatt Place-branded hotels in Brazil. The total investment ...

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Across the Pacific

Across the Pacific

In the fourth quarter of 2012, the Asia Pacific construction pipeline reached a record high with 2,401 projects (557,505 rooms). To put these numbers into perspective, just three countries—China, India, and Indonesia—make up 91 percent of the projects and 89 ...

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