Official news agency of Iran Hotel Industry
Search result...
Makkah set to get the world’s biggest Crowne Plaza Hotel

Makkah set to get the world’s biggest Crowne Plaza Hotel

InterContinental Hotel Group and Bougary Holding sign 1,200-room Crowne Plaza, scheduled to open in Makkah, Saudi Arabia in 2019. InterContinental Hotel Group and Bougary Holding have signed the world’s largest Crowne Plaza, which totals 1,200 rooms, which an opening scheduled for 2019 in Makkah, Saudi Arabia. Located in close proximity to the Holy Mosque, the hotel will join the existing InterContinental and Holiday Inn in the city, totalling three properties there. Crowne Plaza Makkah Beban will also offer two restaurants and a coffee shop, a business center, and three meeting rooms (3,323 sqm in total) that can be used as an event space. A WELCOME VENTURE Involved stakeholders were excited about the new agreement. IHG Managing Director India, Middle East & Africa  Pascal Gauvin said in a statement: “Saudi Arabia offers great opportunities both in terms of domestic and inbound tourism and is central to our expansion strategy in the Middle East.” He added: “This is a milestone signing for us in the Middle East and is testament to our commitment to the market.” Bougary Holding Co. CEO Loay Bougary said: “We are proud to partner with a strong global player such as IHG on this milestone development. IHG is a trusted brand with in-depth knowledge of the Kingdom and Crowne Plaza Makkah Beban will bring a full range of amenities to pilgrims and other travellers looking for a high-quality hospitality experience.” PRECEDENT FOR LARGE-SCALE DEVELOPMENT This is not the first hotel in the area to have billed itself as the world’s largest. In fact, this new property follows other operators that also have “world’s largest” properties in Makkah – with Marriott opening the world’s largest Sheraton at 1,136 rooms and Radisson Hospitality signing the world’s largest Radisson Blu and Park Inn by Radisson.

Create: Feb 27, 2019     Edit: Mar 2, 2019     International News
Hotel News - Statement by Board of Directors of the Hoteliers Association in response to some comments on the assignment of the Fourth Factor of National Hotels Evaluation.

Hotel News - Statement by Board of Directors of the Hoteliers Association in response to some comments on the assignment of the Fourth Factor of National Hotels Evaluation.

“We are surprised that some people consider the statements of the most responsible members of the Hoteliers Association to be irresponsible and unprofessional on hotel industry issues. The Iran Hoteliers Association has always been a good partner with Cultural Heritage, Handicrafts and Tourism Organization of Iran align with the growth and improvement of the hospitality industry in the country. Contrary to the statements made by these people, the Fourth Factor will not be left to hoteliers themselves, but Iran Hoteliers Association will be responsible. Iran Hoteliers Association is now carefully and rigorously focused on all aspects of the hospitality industry in the country, and has sufficient control over its sub-functions, and has proved its competence and qualification during this period. The decision to hand over the affairs is handled by the Cultural Heritage, Handicrafts and Tourism Organization of Iran, and the head of the organization has identified the best option for Iran Hoteliers Association. The Board of Governors of the Iran Hoteliers Association, selected by all the industry's activists across the country, will strive to do his duty and what is best for all hoteliers in this country." Kamiar Eskandrian - Member of the Board of Directors and Secretary of the Iran Hoteliers Association in Iran

Create: Feb 26, 2019     Edit: Mar 5, 2019     Regional News
Red Planet Japan steps up Asian expansion with $59.5 million acquisition

Red Planet Japan steps up Asian expansion with $59.5 million acquisition

Hotel News - Red Planet Japan announces the $59.5 million acquisition of the Thailand-based hotel arm of its parent company Red Planet Hotels Limited on the back of a series of expansion announcements in the Asia Pacific region. Red Planet Japan has announced that it is acquiring the Thailand-based hotel arm of its parent company Red Planet Hotels Limited. Industry experts say the acquisition is likely to be completed by the end of the first quarter of the financial year 2019. Red Planet Japan will acquire a half dozen hotel-owning companies in Thailand, all of them from its parent company. This will make for a total acquisition consideration of 6.5 billion Japanese yen or $59.5 million. The acquisition includes five operating hotels, located in Surawong (Bangkok), Patong (Phuket), Asoke (Bangkok), Pattaya, and Hat Yai. It also includes a sixth property that is currently under development in Sukhumvit Soi 8 (Bangkok). The operating hotels being acquired in Thailand have a recorded sales that totals 692 million Japanese yen ($6 million) in 2017 and 787 million Japanese yen ($7.1 million) in 2018. As a result of this acquisition, Red Planet Japan’s portfolio will increase to a total of 15 hotels in Japan, Thailand, and the Philippines, including five hotels under development. EXPANSION OF JAPANESE TOURISM Japan, like many markets with easy access to Southeast Asia, has undergone a tourism boom in recent years. Factors such as the expansion of low-cost carrier routes, the loosening of visa requirements, and a growing affinity for Japanese culture, has fueled a substantial increase in the number of tourists travelling from Southeast Asia to Japan in recent years, especially from Thailand.

Create: Feb 25, 2019     Edit: Feb 26, 2019     International News
Best Western completes acquisition of WorldHotels

Best Western completes acquisition of WorldHotels

Hotel News - Best Western Hotels & Resorts announced today it has acquired global hotel brand WorldHotels representing a collection of approximately 300 unique and special hotels and resorts in premier destinations around the world. “There is tremendous synergy between Best Western and WorldHotels. By joining forces in this new partnership, we will create competitive advantages for both companies,” said David Kong, President and CEO of Best Western Hotels & Resorts. “I have the utmost respect for WorldHotels and believe in its vast potential.” The acquisition of WorldHotels was completed last week. The WorldHotels brand will play a critical role in enhancing Best Western’s portfolio of offerings to include the upper-upscale and luxury segments. WorldHotels will maintain its distinctive personality and individuality while benefiting from Best Western’s robust and scalable e-commerce platform, strong partnerships, sales and marketing support and powerful revenue engines. WorldHotels _Collection“Best Western is one of the largest, most respected and trusted hotel brands,” said Geoff Andrew, CEO, WorldHotels. “As we join forces, the combined power of our brands sets the stage for a bright future for both Best Western and WorldHotels. Through its established senior leadership team and regional presence in each market, Best Western brings a new level of expertise that will undoubtedly help grow both Best Western and WorldHotels in key markets.” Best Western has been on a journey of transformation over the past several years. In the last year alone, Best Western was named one of the world’s Most Innovative Companies by Fast Company, expanded its portfolio to 13 dynamic brands reaching new guests in new segments, and won a record number of industry awards and accolades. The acquisition is a testament to Best Western’s commitment to growth, modernization and continued progression, bolstering the company’s position as a trusted leader in the global hospitality industry. “In the coming months, our focus will be to unlock WorldHotels’ potential by improving revenue delivery to its hotels while protecting its independent identity. We truly believe our platform will build the WorldHotels brand and attract many more independence–minded, quality hotels to join.  We are very pleased that Geoff Andrew will continue as CEO of WorldHotels for the foreseeable future.” concluded Kong.

Create: Feb 19, 2019     Edit: Feb 19, 2019     International News


Please wait...