Kimpton Opens New Hotel in Midtown Manhattan
The Kimpton Ashbel New York-Park Avenue is now open at 70 Park Avenue in Midtown Manhattan. Plus, more hotel deal and development news.
Kimpton
Accor to Double China Hotel Count to 1,600 Within 6 Years
Accor opened its 800th hotel in China and plans to add 800 more in five to six years, focusing on midscale and premium brands. Plus, more hotel deal and development news.
Barclays Raises U.S. RevPAR Outlook
Barclays believes in the American exceptionalism thesis, expecting U.S. RevPAR momentum to override international weakness this year. Plus, hotel deal and development news.
India to Add 70,000 Hotel Rooms by 2030
India is booming. Plus, IHG is expanding Kimpton in APAC. And more hotel deal and development news.
Marriott to Add Lefay as First Dedicated Luxury Wellness Brand
Marriott plans a joint venture with Lefay's founders to bring the luxury wellness brand into its portfolio and expand it globally. Plus, challenges and opportunities at Service Properties Trust and other hotel deal and development news.
Kimpton Era Midtown New York Officially Opens
Kimpton Era Midtown New York has opened with 529 guestrooms. Plus, more hotel deal and development news.
New York City Will Get a New Kimpton Hotel
The Kimpton Era Midtown opens on soon in Manhattan in a 33-story tower with 529 guestrooms. Plus, more hotel development news.
World Cup Could Drive RevPar Growth
Marriott International kicked off the hotel company earnings season with a bang, igniting the entire group.
Dallas Leads U.S. Hotel Construction Pipeline
Dallas leads U.S. hotel construction with 193 projects, while Ghoman Hotels plans a $185M JW Marriott conversion in downtown Louisville.
Warburg Pincus to Acquire APG's Fleur Hotels Stake
Warburg Pincus will buy APG's 41% stake in Fleur Hotels and invest $106M for growth as Lemon Tree restructures into two platforms. Plus, more hotel deal and development news.