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News in brief: Expedia, IHG, Tribute

Expedia launches Rev+: Expedia unveiled Rev+, a revenue management tool to provide actionable data and insights for its hotel partners. Rev+ will be “gradually” rolled out to hotel partners at no additional cost.

 


IHG signs in Dubai: IHG signed the Holiday Inn Dubai Science Park. The 402-room new-build hotel will operate under a management agreement with an affiliate of the Rolaco Group and is scheduled to open in 2019.

Read more at IHG’s website

 


IHG to renovate resorts: IHG and Orange Lake Resorts announced a five-year project to design, update and renovate more than 3,100 villas at 13 resorts. The properties were acquired in May 2015 as part of ORange Lake Resorts’ purchase of Silverleaf Resorts. By the end of 2016, 428 villas will have “new soft good designs,” an additiona 680 villas will be completed by the end of 2017, and the final renovations are expected to be completed by 2021.

Read more at IHG’s website

 


Tribute adds seven hotels: Starwood Hotels & Resorts’ Tribute Portfolio added seven hotels to its independent collection: La Posada de Santa Fe in Santa Fe, New Mexico; Magnolia Hotel in St. Louis; Magnolia Hotel Houston; Magnolia Hotel Denver; Hôtel Vagabond in Singapore; Sthala Ubud Bali in Indonesia; and a hotel in San Diego, with the name scheduled to be announced at a later date.

Read more at Starwood’s website

 


Hard Rock grows in Asia Pacific: Hard rock International will open on the Dearu Coast in Malaysia in fall 2017. Hard Rock Hotel Desaru Coast will include 365 guestrooms, restaurants, retail, a water park and 45 holes of golf.

Read more at Hard Rock’s website

 


Karisma to manage in Montenegro: Karisma Hotels & Resorts announced an agreement between Karisma Adriatic, Wind Rose Resort and Transat France’s Look Voyages to manage the Wind Rose Resort in Montenegro. The resort marks Karisma’s fifth property in its European portfolio.

Read more at Travel Agent Central

 


Cordish expands Live! brand: The Cordish Companies launched Live! Lofts, part of its Live! brand. The first Live! lofts-branded property will be located at a newly acquired property in Hanover, Maryland. The flagship property is scheduled to open in late 2016 or early 2017, after undergoing an extensive US$3 million renovation project.

Read more at Yahoo Finance

 


Hilton experiments with more restrictive rates: Hilton Worldwide is piloting rates that make canceling rooms more difficult for guests. Semi-Flex and Prepay Restricted have started to appear on select Hilton properties’ websites. Semi-Flex rates are refundable up to seven days before check-in, but charge a cancellation fee anytime after that. Pre-pay Restricted rates are nonrefundable and cannot be changed.

Read more at Business Travel News

 


GLo to open in Sheboygan Falls: Best Western Hotels & Resorts will open a GLo-branded hotel in Sheboygan Falls, Wisconsin. The millennial-targeted hotel will include 65 rooms and is scheduled to open in fall 2017.

Read more at the Sheboygan Press

 


Europe’s top cities, franchise companies, brands: According to Lodging Econometrics’ Europe Hotel Construction Pipeline, the three cities with the largest pipelines are London with 78 projects/14,070 rooms, Istanbul with 35 projects/6,310 rooms and Moscow with 31 projects/7,805 rooms. The leading franchise companies in Europe’s pipeline are Hilton Worldwide with 147 projects/24,312 rooms, IHG with 116 projects/20,593 rooms and Marriott International with 80 projects/14,605 rooms. The leading brand for each of Europe’s top three franchise companies are Hilton’s Hampton Inn & Suites with 59 projects/9,435 rooms, IHG’s Holiday Inn Express with 53 projects/7,597 rooms and Marriott’s Moxy with 34 projects/7,050 rooms.

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