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Yotel to debut in Australia

Yotel to debut in Australia

Yotel has announced plans for its first property in Australia, located within walking distance of Melbourne’s central business district. The 244-room Yotel Melbourne is scheduled to open in 2022, on City Road in the city’s Southbank district. Facilities will include the group’s signature Komyuniti public space for co-working, informal meetings and relaxing, as well as an outdoor terrace, gym, and viewing deck with restaurant and bar. Commenting on the news Hubert Viriot, CEO of Yotel said: “Over the past two years, we have been actively searching for the right locations and partners to roll out our brands in Australia, a key market for our global expansion and a key feeder market for our hotels in the US, Singapore and the UK. “With solid market fundamentals and global appeal, Melbourne is the perfect gateway to launch our first property in the country. Moreover, we are delighted to enter the market with (owner and developer) Cornerstone Partners Group, an international leader in hospitality and real estate investments.” “Australia is a very sophisticated hotel market with strong stakeholders; however, we believe the affordable luxury segment has been underserved and that’s what Yotel intends to solve. “Yotel Melbourne will serve as a launching pad for our brand across the country, following a similar strategy as what we did in the USA, where we first opened a property in New York in 2011 and now have ten hotels under management with extensive operational synergies and strong distribution channels. “We are already exploring development opportunities in Sydney, Brisbane and Perth and we are confident we will soon have a robust hotel pipeline in place, targeting both our international customer base as well as the domestic market.” The Yotel brand launched in 2007 at Gatwick airport, and there are currently 30 properties either operating or under development, with plans to increase this to 60 by 2023. The group’s first Yotelpad is set to open in Switzerland next year, and Yotelair properties recently opened at Istanbul and Singapore Changi’s airports.

Create: Jul 21, 2019     Edit: Aug 2, 2019     International News
Central, Eastern Europe to get 242 new hotels in coming years

Central, Eastern Europe to get 242 new hotels in coming years

Hotel News - The coming years will be eventful in Central and Eastern Europe, with a host of new hotel projects in the pipeline, according to the TOPHOTELCONSTRUCTION database. The region, which includes countries such as Lithuania, Romania, Armenia, Bosnia and Herzegovina, Belarus, Azerbaijan, Ukraine, Albania and Macedonia, will see substantial investment over the course of the next few years, which will result in a total of 242 new hotel projects across the region, Schmidt said. This will bring an additional key count of 49,583 guest rooms to the region, with the projects being split between luxury (98) and first-class (144) categories. The lion’s share of the projects (88) are set to open this year, while 58 will welcome guests in 2020, 32 in 2021, five in 2022, and 59 from 2023 onwards. Currently, a hefty percentage of the projects (44%) are in the planning stage, with 38% under construction and 10% in the pre-opening stages. Hilton, Radisson and Holiday Inn are the biggest brands to feature in CEE, with Radisson Blu and Red, as well as Holiday Inn and Holiday Inn Express set to be some of the biggest hitters in the region. Austria, Poland and Croatia will see some of the highest volumes of hotel openings. There are 68 projects planned for Austria, with 22 openings in 2019 mostly situated in the capital Vienna. Poland will welcome 53 projects to give a total key count of 9,719, with 21 opening this year. Croatia will benefit from 25 hotel projects, bringing 9,842 additional rooms to the country, with six projects welcoming guests in 2019. Germany and Russia will also see significant investment in the coming years, with 373 new projects in the German pipeline and 77 in the works in Russia.

Create: Jan 29, 2019     Edit: Jan 30, 2019     International News
Rosewood plans to open Shanghai property in 2024

Rosewood plans to open Shanghai property in 2024

 This latest international jewel in the collection’s crown will signify a key milestone for the group: the opening firmly solidifies Rosewood’s foothold and trademark ultra-luxury hospitality in China, joining Rosewood Beijing, the recently opened Rosewood Sanya, Rosewood Hong Kong opening in Winter this year, and Rosewood Chengdu which will open in 2023 .   Owned by Hopson Commercial Property Management Company, Rosewood Shanghai will feature dramatic views from the top floors of a new skyscraper in the centrally located Suhe Creek area. In one of the most exciting and dynamic neighborhoods of Shanghai, the hotel’s central location will provide stunning views of Shanghai’s Huangpu River and iconic skyline, and easy access to the famous Bund promenade, Nanjing Road commercial area, People’s Square, Jing’an Temple and the Shanghai Exhibition Center .   Rosewood Shanghai will play a key role in the revitalization of an area that is home to beautifully preserved and restored historic buildings dating from the city’s Art Deco design period combined with strikingly contemporary architecture – mirroring the evolution of Shanghai itself, a blend of exotic history and cutting-edge modernity. Home to the city’s dynamic local art scene with galleries and studios, the area has also witnessed the arrival of exciting new retail and dining concepts. The hotel will be a centerpiece of the Hopson One Suhewan development that will include grade-A offices, residences, upscale shopping center, educational institutions and galleries, located in the Jing’an commercial, retail and entertainment district .   Kohn Pedersen Fox architects have been appointed designers of the 220-room hotel which will also include 83 luxury Rosewood Residences; all accommodations will showcase spectacular views of Shanghai’s skyline. The Manor Club, Rosewood’s hallmark luxury executive lounge, will be featured at Rosewood Shanghai, offering a wide range of exclusive privileges to guests .

Create: Oct 29, 2018     Edit: Oct 29, 2018     International News


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