Marriott’s Growth in China Helps Buck New Industry Trend
Marriott International is faring better than its industry rivals in the increasingly important Chinese market, thanks to its Alibaba partnership and expanding market portfolio in the country.
Marriott International is faring better than its industry rivals in the increasingly important Chinese market, thanks to its Alibaba partnership and expanding market portfolio in the country.
So it's finally confirmed. Airbnb is investing up to $200 million in India's budget hotel chain Oyo, a deal that India Oyo observers say has big upsides for both companies.
With the anticipation of high demand in 2020, particularly during the Tokyo Olympics and Paralympics scheduled for July and August, Japan's capital has been seeing a boom in new hotels, Shukan Jitsuwa (Dec 6) reports.
A world leader in the hospitality business, India-based ITC Hotels is one of the country's largest hotel chains with more than 100 properties in over 70 destinations in the country. As India is currently experiencing economic growth of 7.6%,one of the fastest growing economies in the world, ITC is expanding, particularly its luxury division.
The proportion of "lifestyle" and boutique hotels in Australia has ballooned from below 3 per cent to 10 per cent of the national accommodation pipeline in the past six years, new research shows. The emerging hotel category refers to accommodation properties that have a unique design and that offer their guests experiences that connect them with the local area. While 3 per cent of rooms in the national pipeline were classed as boutique hotels in 2012, Colliers International's Karen Wales told Commercial Real Estate that the real figure was likely to be "miniscule" as a large proportion of that 3 per cent included lodges in regional areas.
The prospect of 40 million foreign tourists coming to Thailand next year is too big a draw to ignore for boutique U.S. hotel company Standard International.
A luxury Maldives resort is about to take the sleeping under-the-sea phenomenon to a whole new level.Conrad Maldives Rangali Island is building a $15 million two-story hotel villa, part of which will sit 16.4 feet below the surface of the Indian Ocean.The property, believed to be the world's first undersea residence, is under construction in the South Asian island country and is due to be completed in November.
Karl Lagerfeld announced on Monday that he plans to launch his own branded hotel chain, with the first to open in the Chinese gambling hub of Macau in 2018.
Karl Lagerfeld announces plans for Macau hotel Read more His first hotel is being built with a local partner in the luxury Lisboa Palace Complex in Macau but the Lagerfeld group is “in the process of studying other opportunities to open other properties around the world,” it said in a statement.
BANGKOK, Thailand - Centara Hotels & Resorts is excited to announce that their third property in Krabi will be opening in Q4 2016, Centra by Centara Phu Pano Resort Krabi. Krabi is one of the most beautiful destinations in Thailand. With close proximity to some of Thailand’s most recognizable landmarks, such as Phi Phi Island and James Bond Island, Krabi has it all from adventure to beachfront relaxation.
The latest development from Federal Group – Tourism (Saffire Freycinet, The Henry Jones Art Hotel) is set to open doors in mid-2017 in the heart of the historic Hobart waterfront, MACq 01 will be a luxury hotel combining premium accommodation with an element of unforgettable storytelling. Capturing the essence behind the stories of Tasmania is what the interiors of MACq 01 Hotel are all about. From the 114 Rooms to the reception, restaurant and cocktail bars, there is an underlying emphasis on warmth and a genuine quality. The design is an eclectic mix of elements from the luxurious to the rustic to the unexpected, that play off one another and come together to really capture a feeling.
When the world reads about Make in India, what does it imagine? Maybe motorbikes whizzing off the production line or hi-tech fighter jets defending our nation. Perhaps pharmaceuticals or IT or maybe the extraordinary Indian textile industry? How about restaurants or the hospitality sector? Hmm... Maybe not. But why not? Perhaps it’s some kind of involuntary association between the word "Make" and images of machinery or factories. As investors and managers in the Indian hospitality industry, we would argue strongly that our sector is a natural candidate for the world’s best companies and brands to Make in India.
As per the Report of the “Working Group on Tourism” for the 12th Five year Plan(2012-17) set up by the Planning Commission, for a projected annual growth of 12% in Foreign Tourist Arrivals, the requirement of additional hotel rooms under classified category in 2016 over 2010 is estimated to be 1,90,108. Construction of hotel is primarily a private sector activity. The Ministry of Tourism, Government of India only classifies operational hotels under its voluntary scheme of classification/approval of hotels.
China's insurance regulator is set to reject two plans by Anbang Insurance Group, including one that could have seen it take over America's Starwood Hotels and Resorts Worldwide Inc., owner of the Sheraton and Westin brands. A person close to the China Insurance Regulatory Commission said the regulator had "clearly a disapproving attitude" toward both plans because completing the deals would break rules banning insurers from investing more than 15 percent of their assets abroad.
Hard Rock International is expanding in China with new hotels and restaurants to tap the fast-growing leisure and entertainment demand in the world’s second-largest economy. The Florida-based chain is opening three hotels in China’s coastal cities, including a 200-room oceanfront resort in northeastern Dalian city due to be completed in 2018. The others are in Shenzhen and Haikou in the south. Three restaurants will also be opened in some of China’s richest cities this year, the closely held company said in a statement Tuesday.
AccorHotels and Avista Resort and Spa Patong Company Limited have signed an agreement for AccorHotels to manage three properties in Phuket. Two resorts will be rebranded as Novotel Phuket Kata Avista Resort and Spa and Avista Hidewaway Phuket Patong, MGallery on April 1, while another newly-built Avista Grande Phuket Karon, MGallery will open in 2018.
Located in the gambling mecca of Macau, in southern China, The 13 is one of the most expensive hotels ever built. The 'all-villa' hotel has 200 suites measuring between 2,000 and 30,000 square feet, with 24-hour butler service. Each villa features a marble Roman bath set under a vaulted Baroque ceiling supported by and a crystal chandelier
Zone by the Park Chennai (Tamil Nadu, south eastern India) is now open, with 36 rooms and four suites. The hotel is the third Zone by The Park property and the first to open in Chennai. Priya Paul, Chairperson of The Parks Hotels said, “Though different from The Park, we wanted to create a brand that would channel its inimitable spirit. A new brand with a new vision for the global citizen.” The hotel’s design is overseen by London-based designers Project Orange, working with Priya Paul, Chairperson of The Parks Hotels. The hotel seeks to establish a connection between the traveller and the local culture by creating a contemporary collage of the country and its’ traditions.
Chanel designer and casino operator say 270-room hotel in Chinese gambling enclave will open in 2017. Karl Lagerfeld and a Macau casino operator have announced plans for the Chanel designer to create his first hotel. The 270-room Karl Lagerfeld hotel will open in 2017 in a 20-story tower in the gambling enclave in southern China, according to Lagerfeld and Sociedade de Jogos de Macau (SJM).
Carnation Hospitality will invest Rs 250 crore over the next five years to expand its bouquet of food and beverage brands, said a top company executive. The company recently acquired rights to operate certain F&B outlets at metro stations in Delhi. "This space is interesting as it generates huge footfalls for the brands," said Sanjay Chhabra, managing director of Carnation Hospitality, which is the wholly-owned subsidiary of consumer packaging company Rollatainers. Chhabra added that the company has also won bids to operate F&B outlets at railway stations such as Haridwar, Panipat and Mumbai Central among others.
Renowned Chinese artist Zeng Fanzhi, Kempinski Hotels, and a host of culture and design experts are helping a state-owned tourism company give the “Chinese Dream" an ultra-luxury image with NUO, a new Chinese hotelier with big global ambitions. With branding undertaken by German luxury hotelier Kempinski and French consultancy Landor in consultation with Chinese historians and design experts, the Beijing location can be thought of as a modern interpretation of a Ming dynasty scholar's studio—albeit a much more opulent version. “We have moon gate-shaped doors, the furniture is Ming design; the style, the pattern is from Ming design as well," says NUO Beijing General Manager Adrian Rudin.