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2008-06-30 Hotel Development News

Development

Plans underway for a new Mövenpick Resort in Tanzania
A new Mövenpick Resort is to be built near Arusha, Tanzania, by 2011. A management agreement has just been signed with the owning company, Taninvest Group of Companies. The Swiss international hotel chain has been present in Tanzania since 2005, with the award-winning Mövenpick Royal Palm Hotel Dar es Salaam now one of the leading hotels in the country. ...more

Fairmont Announces New Resort Development in Oman
Fairmont Hotels & Resorts continues to expand globally, announcing that it will soon manage Fairmont The Wave, Muscat, a luxury resort development located in Oman. ...more

New York State Legislature Approves Development of $1 Billion New Concord Resort Destination
Empire Resorts, Inc. (NASDAQ: NYNY) and Concord Associates announced that the New York State Legislature has approved Governor David Paterson's program bill granting an enhanced revenue structure to cover expenditures, which will make possible a $1 billion dollar world-class gaming resort destination at the site of the historic Concord Hotel in Sullivan County, N.Y. ...more

Starwood Vacation Ownership Announces Plans for Third Maui Resort
Hawai'i's first full-service resort aiming for LEED certification to open in Fall 2011 ...more

The Waldorf=Astoria Collection Expands to Canada with the Waldorf=Astoria Hotel & Residences Montreal
The $200 million investment, which will include 250-hotel rooms and 76 Waldorf=Astoria Residences, will be the brand's first property in Canada. Planning is now underway for a summer 2011 completion and opening. ...more

Carlson Hotels Worldwide Adds 11 Properties to Its Global Portfolio in April and May
Company Opens 450th Country Inns & Suites By Carlson Location in Savannah Historic District ...more

Starwood Capital Group and Marine Drive Properties Announce 1 Hotel Vancouver Island at Wyndansea
First Eco-Luxury Global Hotel Brand, a Perfect Fit for Wyndansea Oceanfront Golf Resort, home to the Jack Nicklaus Golf Club of Canada ...more

IHG signs two further hotels in thriving Istanbul
Turkey's first Holiday Inn Express brings IHG total to 11 ...more

Ohio's Eighth Crowne Plaza to Open in Toledo
Major conversion located in Toledo's Central Business District, along the Maumee River ...more

Choice Hotels Launches Upscale Ascend Collection Program
Collection Offers Unique, Historic and Boutique Hotels with Strong Local Brand Equity Opportunity to Leverage Choice's Powerful Distribution Network ...more

Rezidor announces its 50th hotel in the Middle East & Africa - the Radisson Dubai Trade Centre District, UAE
The Rezidor Hotel Group reaches a further milestone in its history: As one of the fastest growing hotel companies worldwide the group announces the Radisson Dubai Trade Centre District - the 450-room property (scheduled to open end of 2011) is the 50th Rezidor property in operation or under development in the MEAO-region (Middle East, Africa & Others). ...more

Molinaro Koger Structures Sale of Residence Inn by Marriott Tewksbury, Massachusetts
Molinaro Koger (MK) announced today that the firm's metro-DC headquarters office facilitated the marketing and sale of the Residence Inn Boston Tewksbury/Andover, Massachusetts, on behalf of Lion ES Hotels II, LLC. ...more

Travelodge adds 7 UK Hotels to portfolio worth £69.9 million
Travelodge, the UK's fastest growing budget hotel company, today announces the acquisition of two hotels from Swallow Hotels, and the exchange on a further five hotels for a combined investment total of £69.9 million. ...more

Crowne Plaza doubles its global estate since 2000
New Qatar signing adds to Europe, Middle East & Africa (EMEA) total of 99 hotels - 15 new EMEA hotels signed in past year as strong growth continues ...more

The Trump Organization and Nakheel Sell Most Expensive Penthouse in Dubai
Nakheel and the Trump Organization, two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trump International Hotel & Tower on Palm Jumeirah. ...more

Rezidor Announces the Park Inn Graz
The Rezidor Hotel Group (STO:REZT) announces the Park Inn Graz - the 194-room property is scheduled to welcome the first guests in Q3 2010. ...more

Wyndham Vacation Ownership Begins Construction of the Great Smokies Lodge
Resort to Become Company's Newest Smoky Mountains Retreat ...more

Staybridge Suites Debuts Outside The Americas
Liverpool home to the UK's first Staybridge Suites - Launch of Staybridge Suites Cairo CityStars this weekend - Expansion to Russia as first two Staybridge Suites hotels signed ...more

American Hotel Development Partners Break Ground on Holiday Inn Express Savannah
American Hotel Development Partners, LLC announced today that they celebrated groundbreaking on their Holiday Inn Express Inn & Suites project located in Savannah, Georgia. Executives from American Hotel Development Partners (AHDP) were joined by local dignitaries for the June 19th ground breaking ceremony and reception. ...more

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