W® Hotels Worldwide, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today debuted in Colombia with the unveiling of W Bogota. The new hotel electrifies Bogota's hospitality scene by mixing the W brand's 24/7 attitude, distinct interpretation of modern luxury, and unprecedented insider access to what's new and next in design, fashion and music in South America's new capital of cool.
G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S. and Canada, announced today it is expanding its portfolio to include two new brands in Latin America: Hotel 6 and Estudio 6. As part of the company's plan to bring the brands to market, G6 Hospitality announced the signing of an area development agreement with Latina Promohoteles, a subsidiary of commercial property developer Promodesa Comercial, which is based in Mexico. Latina Promohoteles plans to open up to 55 new-construction Hotel 6/Estudio 6 properties by the end of 2020 in major cities across Mexico.
InterContinental Hotels Group (IHG)(LSE:IHG)(NYSE:IHG)(ADRs), one of the world's leading hotel companies, announces the opening of the Holiday Inn Express® hotel in Yopal, Colombia. Located approximately 200 miles from Bogota in the northeastern region of Colombia, the new-build, 89-room hotel is situated in downtown Yopal, the capital city of the Department of Casanare. Well-situated to meet the needs of travelers to the area, the Holiday Inn Express Yopal is located near four major international oil refineries and processing plants: Halliburton, Perenco, Equion and Ecopetrol.
Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) ("Fibra Inn" or "the Company"), a Mexican real estate investment trust specializing in the hotel industry serving the business traveler, announced its growth plans for the coming years, in which it expects to add 15 hotels to its portfolio during 2015, and an additional 15 hotels during 2016. As a result, Fibra Inn expects to have approximately 45 hotels in its portfolio during 2015 and 60 hotels during 2016.
Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) ("Fibra Inn" or "the Company"), a Mexican real estate investment trust specializing in the hotel industry serving the business traveler, announced that it signed a closed purchase-sale agreement to acquire Mexico Plaza Guadalajara Andares Hotel, located in the state of Jalisco.
Marriott International announced plans today to open a 130 room Fairfield by Marriott in El Salvador. Located adjacent to the upscale La Gran Via shopping mall and in close proximity to large corporations such as Xerox, Citibank, the World Bank, Bayers and Siemens, the hotel will serve as an excellent lodging option for the frequent business travelers. The property will be developed by Dueñas Hermanos Ltda. (d.b.a. Urbanica Desarrollos Inmobiliarios), Caribe Hospitality and Terranum Hotels, the same the companies that own the existing Courtyard by Marriott San Salvador. The hotel will be managed by Marriott International under a long term agreement.
InterContinental Hotels Group (IHG), one of the world's leading hotel companies, announces the signing of a new-build, 199-room Crowne Plaza® hotel in Medellin, Colombia. The Crowne Plaza Hotels & Resorts brand is one of the fastest growing hotel brands in the world, with nearly 400 hotels open across more than 60 countries. The hotel will be located in Medellin's upscale "El Poblado" neighborhood, occupying one of two towers in the Palmanova luxury, mixed-use development and connected to the Palma Real Multiplaza. This will be IHG's third property in Medellin, joining the InterContinental® Medellin and the Holiday Inn Express® Medellin. There are nine hotels open and seven hotels in the development pipeline in Colombia across IHG's InterContinental® Hotels & Resorts, Crowne Hotels & Resorts, Holiday Inn®, and Holiday Inn Express® brands.
The 162-room Courtyard by Marriott Recife has officially opened its doors in the beautiful city of Recife in the northeastern state of Pernambuco, Brazil. The hotel is only a short walk to the beach and has convenient access to the city's best restaurants, shopping and cultural attractions.
The 2014 World Cup proved a much-needed boost of good publicity for Brazil. The country is currently facing a recession and inflation stands at 6.5 percent. But over the summer, more than 1 million foreign tourists flocked to the South American country to watch their teams compete. Early indicators showed that each of the 12 host cities benefitted from the influx of tourists, and it looks like the party continues for the country's hotel sector–despite broader economic challenges in Brazil.
Hyatt Hotels Corporation (NYSE: H) and Grupo Eco today announced the opening of Hyatt Place Ciudad del Carmen in Campeche, Mexico. Hyatt Place Ciudad del Carmen is the third Hyatt Place hotel to open in Mexico, and marks the continuation of Hyatt's growth strategy in the country.
Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) ("Fibra Inn" or "the Company"), a Mexican real estate investment trust specializing in the hotel industry serving the business traveler, announced that it signed a letter of intent with Operadora de Hoteles City Express, S.A. de C.V. ("Hoteles City Express") to develop 10 hotels in various locations throughout Mexico during the next two years, under any of the following brands: City Express, City Express Plus, City Express Junior or City Express Suites.
Azul Hotels by Karisma, a premier collection of Gourmet Inclusive® properties located throughout the Riviera Maya, Mexico and Negril, Jamaica, today announced a $40 million expansion of the award-winning Azul Fives Hotel by Karisma in Playa del Carmen. The expansion of Azul Fives Hotel, scheduled for completion in January 2015, will include an Essence Section featuring 64 luxuriously appointed suites and The Fives Plaza with three gourmet restaurants, two bars, a coffee shop, and a gym.
Hyatt Hotels Corporation (NYSE: H) and Immobiliare Real Estate Development Group today announced the opening of Hyatt Place Panama City/Downtown in Panama City, Panama. The hotel's opening marks the first Hyatt-branded hotel to enter the Panamanian market and the continued expansion of the Hyatt Place brand throughout Latin America.
Hilton Worldwide today announced the signing of a management agreement with Fideicomiso Santa Marta Hotel to operate a new build Hilton Hotels & Resorts property in the Caribbean port city of Santa Marta, Colombia. Scheduled to open in 2017, this new Hilton Santa Marta hotel represents the company's 14th hotel project in Colombia including its portfolio of seven existing operating hotels and seven currently under development. This latest agreement furthers Hilton Worldwide's commitment to growth throughout the country.
Grace Hotels today announced the official opening of its hotel in Panama City, Grace Panama. Occupying the ground floor and six upper floors of the new, yet already iconic, 'Twist Tower' in the Obarrio District, Grace Panama is a contemporary urban boutique hotel which promises a stylish new addition to the city's hotel landscape.
Queretaro, Mexico – October 22, 2014 – Marriott International (NASDAQ:MAR) announced today the opening of the 156-roomCourtyard by Marriott Queretaro, the 10th hotel for the brand in Mexico. The new hotel features the brand's signature Refreshing Business lobby environment, where guests can enjoy an open and flexible space with media pods, Wi-Fi and a variety of seating zones. The redefined lobby space is ideal for everything from pop-up meetings to social gatherings.
During 2 days, more than 350 delegates from 20 countries have gathered at the South American Hotel & Tourism Investment Conference (SAHIC). Recognized as the leading venue for the hospitality industry in the region, SAHIC is known throughout the hotel investment world as the place where deals get done. This is the must-attend event for anyone with interest in hospitality in the region and where companies choose to break their latest announcements.
Hilton Worldwide announced the opening of the newly-built Hilton Garden Inn Barranquilla, a 123-room Hilton Garden Inn property in Colombia's Caribbean port city. Hilton Garden Inn Barranquilla is the brand's first hotel in Colombia and the company's seventh, reinforcing Hilton Worldwide's plans to continue growing in Colombia, and Latin America.
QUITO, Ecuador – Wyndham Hotel Group, the world's largest hotel company with approximately 7,540 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the signing of a franchise agreement for the Wyndham Quito Airport Gran Condor, the first Wyndham Hotels and Resorts® property in Ecuador's capital city.
Sonesta is expanding its global portfolio in Colombia with the opening of Sonesta Hotel Pereira, an edgy and sophisticated new build property that will offer 165 rooms, including 16 multi-room villas, under the management of GHL Hotels. This is the fifth Sonesta owned and GHL managed property in the Republic of Colombia.