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 NewsCreate: Feb 27, 2019 Edit: Mar 5, 2019 TV
3H Group shells out $10.25 million for the Brickell development site, where a Residence Inn by Marriott was being planned 3H Group has paid $10.25 million for property located in Miami’s Brickell, which the company plans to use as a new hotel development site. 3H Group, a US-based organization with its headquarters in Tennessee, paid approximately $200 per square foot for the site, which is located in Brickell at 1741 Southwest Second Avenue in Miami. BIG PLANS The site totals four properties and covers roughly 30,000 square feet, marking a significant investment for the company. The seller of the site was the Doral-based Hotelex Properties, which initially planned to build a 206-room Residence Inn by Marriott, property records show. The company paid $6.05 million for the assemblage in 2014. The Brickell site is in front of the Homewood Suites by Hilton Miami and near the Habitat Residence Condo Hotel.
Create: Feb 26, 2019 Edit: Mar 5, 2019 International News“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 NewsHotel 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 NewsCreate: Feb 22, 2019 Edit: Feb 23, 2019 TV
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Regional project in Honduras, Integrated Central American Quality and Sustainability System, offers audits and advice to tourism companies requiring quality management. Companies passing the audit get a Quality Certification, signifying value and esteem in tourism market. These quality criteria encompass a range of requirements related to sustainability in order to enable tourism to act as a tool for sustainable development. SICCS benefits tourism companies with a long-term vision of sustainability as a criterion for action, promotes the voluntary commitment to sustainable devleopment criteria aqnd helps to maintain these standards through rigorous audits. The implementation of the project has increased the awareness of entrepreneurs of economic, environmental and social sustainability practices. Furthermore, it has improved their competitiveness. .
Create: Feb 19, 2019 Edit: Feb 20, 2019 International NewsHotel 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 NewsHotel News - The property is the first boutique hotel in Bahrain to be awarded a five star rating. The luxurious, 46-suite hotel located at 150 Government Avenue, Manama is an exciting newcomer to the bustling Bab al-Bahrain Souk area and a unique addition to Bahrain’s hotel scene. As usual, being a Campbell Gray Hotel, the design is original and exciting with many pieces having been specially designed and commissioned for the hotel. It also benefits from a striking art collection and a beautiful library, which has been curated especially for The Merchant House.
Create: Feb 19, 2019 Edit: Feb 19, 2019 International News