Kerzner International has entered into an agreement with BK Partners, a private equity fund focused on tourism and land development, to develop and operate two new One&Only resorts on the Pacific Coast of Mexico.
InterContinental Hotels Group (IHG), one of the world's leading hotel companies, today announces the opening of IHG's first hotel in Celaya, Mexico. The 120-room Holiday Inn Express® & Suites Celaya hotel, located in the state of Guanajuato, was developed following a US$10 million investment by ownership. The hotel is conveniently located on Eje Nor-Oriente S/N, a few minutes from the Uniamerican International School and recreational areas such as Parque Lineal. Also located nearby are industrial parks such as Parque Amistad Industrial Bajío and the Honda Motors production plant.
InterContinental Hotels Group (IHG)[LON:IHG, NYSE:IHG (ADRs)], one of the world's leading hotel companies, announced the opening of the Holiday Inn Express® Marília hotel in São Paulo State, Brazil. The new-build, 102-room hotel is among the first internationally-branded properties in the city of Marilia. The hotel is centrally situated near Marilia's industrial district, airport, and less than a mile away from the city's main shopping center.
In May 2015, three new addresses will open in Recife, which has been dubbed the "Brazilian Venice". Recife is a colorful city with many canals, superb religious buildings and a beach stretching for several kilometers. In a few months' time it will be home to the Mercure Recife Mar Hotels Conventions, the Grand Mercure Recife Atlante Plaza and the Grand Mercure Summerville Resort, which will replace three hotels from the Pontes Hotels & Resorts network. For Accor, bolstering its already substantial presence in Recife is no coincidence. Indeed, this city boasts the highest average daily rate and the best occupancy rate in the North-East region of Brazil, with more than 85% of travelers on business trips.
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 today that it has made changes to strengthen its management team to address the Fibra's future growth.
Minor Hotel Group (MHG), owner and operator of hotels and resorts in 19 countries across Asia Pacific, the Middle East, Africa and the Indian Ocean, today announces that it has made a strategic acquisition of six hotels and over 1,600 keys in Brazil and Portugal, and the Tivoli Hotels & Resorts brand for Brazil. The milestone EUR 168 million investment ($190,821,933 USD) represents MHG's entry into the hospitality sector in two new continents and establishes Portugal and Brazil as MHG's two strategically-chosen countries for future expansion into Europe and South America.
Hard Rock International - owner of one of the world's most iconic and recognized brands - announces Hard Rock Hotel Riviera Cancun. The upcoming all-inclusive resort will be situated along the stunning shores of the Caribbean Sea, just a 15-minute drive from the Cancun International Airport. Set to open in late 2017, the oceanfront property will be the third Yucatan Peninsula property in the Hard Rock International portfolio and will feature 1,800 lavishly appointed oceanfront guestrooms.
Hyatt Hotels & Resorts and Playa Hotels & Resorts B.V. ("Playa"), a leading owner, operator and developer of all inclusive resorts in prime beachfront locations, announces the opening of Hyatt Ziva Puerto Vallarta in Mexico. The new all inclusive resort for guests of all ages is at the site of the former Dreams Puerto Vallarta. It is the culmination of an approximate $20 million expansion, renovation and repositioning that is intended to reinvent this resort destination in a way that brings effortless indulgence to the all inclusive vacation experience.
Hyatt Hotels Corporation (NYSE: H) and FSA Group S.A. announced today that joint venture entities formed by Hyatt affiliates and FSA Group have entered into agreements to purchase two sites in Brazil to develop Hyatt Place Sorocaba and Hyatt Place Macaé. Upon the closing of the site acquisitions, the joint venture entities will enter into agreements with FSA Group to manage the design, planning and construction of the hotels and with Hyatt affiliates to provide management services in connection with the operation of the hotels upon opening, which is expected in the first quarter of 2017.
Wyndham Hotel Group, the world's largest hotel company with approximately 7,590 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the signing of a franchise agreement with local partner Costa del Sol to open 1,000 rooms across seven Wyndham Hotels and Resorts® branded properties that will open within the next year in key destinations across Peru. The agreement includes the conversion of six properties, located in Tumbes, Chiclayo, Lima Airport, Trujillo, Cajamarca and Piura, to the Wyndham Hotels and Resorts brand as well as the construction of a new 144-room property in Lima. "Peru's economy and tourism industry has been growing steadily in recent years, creating more demand for hotels and offering an ideal setting for our brands to expand," said Paulo Pena, president and managing director of Latin America and the Caribbean for Wyndham Hotel Group. "This deal with Costa del Sol represents our commitment to continue to grow our portfolio in key markets throughout Latin America to benefit our solid base of loyal guests who recognize the value of our global hotel brands." Next year, Costa del Sol will be celebrating its 20th anniversary doing business in the country. Upon completion of this agreement, it will own and operate eight properties under Wyndham Hotel Group brands in Peru: one Ramada® hotel currently operating in the city of Cusco and the seven Wyndham Hotels and Resorts properties that are part of the newly signed deal. "We believe in Peru's potential as a cultural, gastronomic, adventure and beach tourism destination in Latin America and are ready to increase our presence in the country through the Wyndham Hotels and Resorts brand to provide our guests with quality service and an internationally recognized hotel experience," said Mario Moustafa, chairman of Hoteles Costa del Sol, S.A. The Wyndham Hotels and Resorts brand offers upscale amenities and full-service accommodations in vacation and business destinations across the world. In Latin America and the Caribbean, there are currently 32 Wyndham Hotel and Resorts®- branded properties across 12 countries which represent a total of 6,164 rooms. The company currently has a strong presence of 135 hotels in the region under its Wyndham Hotels and Resorts®, Ramada, Days Inn®, Super 8®, Wingate by Wyndham®, Microtel Inn & Suites by Wyndham®, TRYP by Wyndham® and Howard Johnson® brands. Costa del Sol is a Peruvian hotel chain with properties across the country's most important travel destinations such as Cusco, the gateway to Machu Picchu. The company opened its first head office in the frontier city of Tumbes in northern Peru in the year 1995. In subsequent years, it continued to grow with hotels in Piura, Chiclayo, and Cajamarca. In 2010, the company acquired a Cusco relic: the mansion of the Marquis de Picoaga, an architectural jewel from Peru's colonial period.
Auberge Resorts Collection, internationally acclaimed owner and operator of boutique luxury hotels, resorts, residences and private clubs, today announced it will manage VieVage Los Cabos, an intimate new beachfront resort currently in development on a treasured stretch of beachfront on the southern tip of Mexico's Baja Peninsula. This will be the second property under Auberge's new VieVage Hotels and Resorts lifestyle hospitality brand, which was introduced in June 2014.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) continues its growth momentum in Latin America and strengthens its presence in Colombia with the openings of Four Points Bogota and Four Points Barranquilla. Both hotels are operated by GHL Hotels under franchise agreements.
U.S. economy lodging leader, Red Roof Inn®, meeting high demand for its brand, is expanding, expected to open its first international destination in Brazil. Partnering with respected Brazil-based Nobile Hoteis, Red Roof Franchising, LLC will be working with Nobile to develop 35-40 properties – new builds and conversions - across the country over the next twenty five years. The first property, a conversion of an existing hotel, will open in Brasilia in 2015.
Hoteles City Express, has announced the opening dates of City Express Plus Monterrey Nuevo Sur, City Express Matamoros, City Express Salamanca and City Express Junior Villahermosa, reaching a total of 96 hotels in operation.
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.