First Hospitality, a national hotel management and development company, assumes management of Delta Hotels Chicago Willowbrook (7800 S. Kingery Highway, Willowbrook, IL). The hotel re-opened in August 2020 after an extensive renovation and rebrand and features 164 newly renovated guest rooms. First Hospitality oversees three other hotels in the area and 17 other Marriott branded properties throughout the country.
Visitors to the Greater Boston area have a new lodging option as Roedel Companies of Wilton, NH announced the opening of Hilton Garden Inn Boston Canton today. Hilton Garden Inn Boston Canton, conveniently located near Interstates 93 and 95 in Canton, allows easy access to Boston, Foxborough, and more, making it the perfect destination for parents of Boston college and university students, tourists exploring the city, and attendees of football games and concerts at Gillette Stadium. Hilton Garden Inn Boston Canton is only the third hotel to open in Greater Boston since 2019 and will be the first hotel in the country to exclusively serve Dunkin' Brands coffee to guests.
Driftwood Hospitality and Hilton Hotels & Resorts announce the rebranding of the former Red Lion Hotel Paper Valley to Hilton Appleton Paper Valley. After a property refresh, the hotel will open its doors under Hilton's flagship brand in late 2021. Located in a premier location in the heart of downtown Appleton, the 388-room hotel is poised to welcome leisure and business travelers with well-appointed accommodations, while boasting 38,000 square feet of flexible, customizable event space making it the ideal location for downtown meetings and celebrations. Connected to the Fox Cities Exhibition Center, the hotel offers unparalleled access to all that downtown has to offer such as performing arts, museums, and shopping.
Noble Investment Group today announced the acquisition of Hampton Inn and Home2Suites by Hilton Tampa Downtown | Channel District and Starbucks Coffee Channel District. Opened in July 2019, these newly built dual-brand hotels and retail Starbucks Coffee store are located in Tampa, Florida’s rapidly growing Downtown Channel District.
In the most recent Lodging Econometrics (LE) Market Trend Report, the Los Angeles market has a total of 135 projects/22,586 rooms in the construction pipeline, the second-largest market pipeline in the U.S. behind New York City, which has 146 rooms/25,232 rooms. In Los Angeles, 34 projects/5,771 rooms are currently under construction, projects scheduled to start construction in the next 12 months are at 42 projects/6,359 rooms, and those in early planning are at 59 projects/10,456 rooms.Los Angeles should continue its fast-paced growth. For the first half of the year, it ranked fifth of all markets for new hotel project announcements into the pipeline, with 8 projects/998 rooms, slightly behind Austin, which announced 9 new projects.Of the ten market tracts in Los Angeles, the three with the largest hotel construction pipelines are the Los Angeles Central Business District (CBD) with 39 projects/9,255 rooms; the Los Angeles East tract with 27 projects/3,687 rooms; and the Hollywood-Beverly Hills tract with 21 projects/3,306 rooms. These three market tracts combined account for 64% of the Los Angeles market’s total construction pipeline.The top three market tracts with the highest count of projects presently under construction are: the Los Angeles CBD with 9 projects/13,997 rooms; the Los Angeles North tract with 8 projects/926 rooms; and the Hollywood-Beverly Hills tract with 5 projects/820 rooms.LE’s forecast for new hotel openings predicts the Los Angeles market will rank sixth in the nation for new hotel openings in 2021 with 19 projects/3,208 rooms, a growth rate of 3.1%. In 2022, Los Angeles will rank third with a growth rate of 3.7% and a forecast for new hotel openings of 26 projects/4,004 rooms.There has been a total of 42 hotels sold or transferred during the last four quarters in Los Angeles. Most of those taking place in the Los Angeles North Market Tract.
Prior to the onset of the COVID-19 pandemic, Raleigh was growing rapidly given its high quality of life and status as the state capital of North Carolina. The city has attracted large national and multinational corporations, such as Duke Energy, Citrix, Red Hat, Amazon, IBM, Accenture, and PNC. Downtown Raleigh experienced tremendous growth in recent years, with approximately $1.3 billion in developments from 2015 to 2020. The area has also historically been known for its major academic and healthcare institutions, including Duke University, the University of North Carolina at Chapel Hill, North Carolina State University, Duke University Health System, UNC REX Healthcare, and WakeMed Health & Hospitals. Tourism was at its peak within Wake County in 2019, with tourism tax collections setting a new record, and both hotel occupancy and average daily rate (ADR) registering growth.
Commonwealth Hotels is excited to announce the acquisition of the Fairfield Inn & Suites Chicago Southeast Hammond in Indiana. The Fairfield by Marriott hotel offers guests varying amenities in a comfortable location just 30 miles southeast of Chicago.
Sandpiper Lodging Trust (“SLT”) is pleased to announce the acquisition of two Savannah Suites Extended Stay hotels. One hotel is located just outside of Denver in Arvada, CO, while the other hotel is in Pleasanton, TX, located near San Antonio. SLT will convert the 116-room Arvada, CO hotel into a Suburban Extended Stay hotel, part of the Choice Hotel Group, and the 64-room Pleasanton, TX hotel into an independent extended stay hotel. Terms of the transaction and brand conversion were not disclosed.
IHG Hotels & Resorts announced today plans for the first dual-branded voco Hotel in the US in downtown Chicago. A Chicago landmark for over four decades, the property has long been recognized as a Holiday Inn. The hotel is currently undergoing a complete renovation that will include transforming a portion of the existing building into a voco Hotel.
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the Jekyll Island Club Resort for $94.0 million. The 200-room resort is listed in the National Register of Historic Places and is located in the heart of Jekyll Island, one of the renowned Golden Isles off the coast of Georgia. The Company retained Noble House Hotels & Resorts (“Noble House”) to manage the resort.
Four Seasons Hotels and Resorts has announced the appointment of Konrad Gstrein as General Manager of Four Seasons Hotel San Francisco. Gstrein takes the helm at the Five-Star address at a unique moment, overseeing the Hotel's reopening and welcoming guests to experience modern and spacious interiors within a 42-storey tower that was the first skyscraper of the 21st century completed in the city.
It’s the summer of the leisure traveler and while hotel occupancy remains below 2019 levels, average daily rate has surpassed its pre-pandemic levels in recent weeks as hoteliers take full advantage of pent-up demand.
U.S. weekly hotel occupancy reached its highest level since October 2019, according to STR‘s latest data through 17 July.
Destination Residences Hawaiʻi, part of Hyatt Hotels, welcomes hospitality veteran Dean Anderson to its executive committee as area director of commercial strategy. The company curates a fine collection of premium private residences available for rent amidst the luxury hotels and resort communities of Maui, Kauaʻi and the Island of Hawaiʻi. Anderson will lead marketing, revenue management, reservations, sales, and homeowner acquisition strategies in his new role.
Hilton has announced the opening of its newest hotel, the dual-branded Tru by Hilton and Home2 Suites by Hilton Wichita Falls. Located on Sikes Lake, near Midwestern State University, the property is a unique new addition to Wichita Falls lodging offerings and expands Hilton's growing footprint of multi-brand properties.
Crestline Hotels & Resorts, LLC (“Crestline”) announced today that it has been selected to manage the newly built 110-guest suite Residence Inn by Marriott Steamboat Springs in Colorado. The new hotel is located less than one mile from the Steamboat ski area and is on the free local bus route to the slopes. It is also convenient to the downtown area with its large array of dining and quaint boutiques. The four-story hotel offers spacious studio, one and two-bedroom suites with ample storage space for sporting gear. It can also accommodate group gatherings in a 621 square foot meeting room.
LNW Hospitality and the Georgia Agricultural Exposition Authority (“GAEA”) announced a new hotel coming to the Georgia National Fairgrounds & Agricenter (“GNFA”), located in Perry, GA.
Daxton Hotel announces today the appointment of Certified Sommelier Liz Martinez as Director of Beverage and Service. Martinez will bring new food & beverage programming to the striking new build on the city's iconic Old Woodward Ave, and will also elevate the hotel's dining experience with a brand-new wine list for its flagship restaurant, Madam.
As the 2021 Hospitality Industry Technology Exposition and Conference (HITEC®) nears, the event is ramping up its program and getting ready to welcome back the industry after a year off from taking place in-person. Now producers Hospitality Financial and Technology Professionals (HFTP®) is planning for increased capacity as it was just given word from the convention center that there will be no attendance limitations. In consideration of the ongoing pandemic, health safety guidelines and protocols will remain in place for the protection of all attendees. HITEC North America is September 27-30, 2021 at the Kay Bailey Hutchison Convention Center in Dallas, Texas USA.
Evolution Hospitality, the lifestyle operating division of Aimbridge Hospitality, welcomed luxury boutique property Antrim 1844 to its growing portfolio beginning July 1st.