Hotel News Resource - Development News Development Hotel Industry News EN Hotel News Resource - Development News The Kimpton Taconic Hotel to Open This Fall in Vermont The 87-room, new construction project, owned as a joint venture between Florida-based developer Heaton Companies, local partner Clark French and Boston financial partner Janet Jiang of First Cambridge Capital, is under construction and is slated for a fall 2015 opening as The Taconic Hotel. Mon, 29 Jun 2015 13:37:53 EST Luxury Collection Hotels & Resorts Breaks Ground On Los Cabos Hotel Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced that the company broke ground on Solaz, a Luxury Collection Resort, Los Cabos over the weekend. The resort, owned by Quinta del Golfo de Cortez, SA de CV, will span 33 acres and include an extensive spa, residences, vacation ownership units and a private beach club. Mon, 29 Jun 2015 13:23:40 EST Grupo Posadas Expands to the United States First development to be an 82-story high-rise in Chicago dual-branded with the Live Aqua and Dream Hotels brands Fri, 26 Jun 2015 10:20:46 EST Homewood Suites by Hilton Durham-Chapel Hill/I-40 Sold Narsi Properties today announced the acquisition of the 96-suite Homewood Suites by Hilton Durham-Chapel Hill/I-40 for an undisclosed sum. Thu, 25 Jun 2015 13:10:56 EST Westport Capital Partners LLC Acquires Goodwin Square Including Goodwin Hotel in Hartford Real estate investment firm Westport Capital Partners LLC announced today that an entity owned by a fund managed by Westport has acquired Goodwin Square in downtown Hartford with co-investors Brian Kohn and Steve Kohn. Goodwin Square includes the 30 story office tower and the Goodwin Hotel. Wed, 24 Jun 2015 11:35:41 EST CPA:18 - Global Funds to Fund Development of INNSIDE by Melia Hotel in Hamburg W. P. Carey Inc. announced that CPA®:18 – Global has entered into an agreement to fund the development of a new hotel in Hamburg, Germany. CPA®:18 – Global will provide approximately $29 million (€25 million) for the construction of the property, which will be leased to the German affiliate of Melia Hotels International, S. A. (Melia) for a period of 25 years upon completion. Wed, 24 Jun 2015 10:48:40 EST 173 Room Holiday Inn Cairns Harbourside to Open Later This Year InterContinental Hotels Group (IHG) has signed a management agreement with Taisei Kanko Australia Pty Limited for the 173-room Holiday Inn Cairns Harbourside. The hotel, currently operating as the Mercure Cairns Harbourside will undergo refurbishment before opening as a Holiday Inn later this year. Tue, 23 Jun 2015 18:47:16 EST Meliá Shanghai Hongqiao Announced for July 2016 Meliá ShanghaI Hongqiao, scheduled to open in July 2016, will consist of 190 rooms and will provide wide meeting rooms, two F&B outlets as well as an executive lounge. Tue, 23 Jun 2015 18:31:49 EST Hilton Worldwide Signs Agreement for First Hotel in Swaziland Hilton Worldwide (NYSE: HLT) today announced the signing of a management agreement with the Swaziland Public Service Pensions Fund to open a Hilton Garden Inn hotel in Mbabane, Swaziland. Tue, 23 Jun 2015 17:53:14 EST Pentahotel Tuen Mun Announced for Hong Kong Pentahotels has been appointed by Hong Kong-based Luks Industrial Company to manage pentahotel Hong Kong, Tuen Mun, opening in 2016. Following on the successful 2013 launch of pentahotel Hong Kong Kowloon, pentahotel Tuen Mun will be the latest addition to the pentahotels portfolio and the fourth in the region, joining Hong Kong, Beijing and Shanghai. Tue, 23 Jun 2015 13:00:19 EST Belmont Hotel in Dallas Sold to Behringer Behringer Lodging Group has acquired the Belmont Hotel in the historic Oak Cliff neighborhood of Dallas. It purchased the asset in a joint venture with Wild Paris Holdings, LLC. Tue, 23 Jun 2015 10:08:03 EST Lucerne's The Hotel Joins Autograph Collection Autograph Collection Hotels is set to welcome a luxurious new boutique property to its collection on 8 July 2015. Located in a beautiful corner building established in 1907, The Hotel, which opened in 2000, is an urban design hotel with exceptional park views set in the heart of Lucerne. Mon, 22 Jun 2015 17:23:36 EST Carmelo Resort and Spa, a Hyatt Hotel Announced for Uruguay Hyatt Hotels Corporation (NYSE:H) today announced a Hyatt affiliate has entered into a franchise agreement with Hotel Corporation Uruguay, S.A. for Carmelo Resort & Spa in Carmelo, Uruguay. Formerly managed by Four Seasons Hotels & Resorts, the resort will be operated as Carmelo Resort and Spa, a Hyatt Hotel. Mon, 22 Jun 2015 12:32:07 EST Luxury Collection to Invest Invests $300 Million on North American Portfolio The Luxury Collection today announced, in coordination with its owner partners, a $300 million effort to expand and improve its hotel portfolio in North America. Mon, 22 Jun 2015 11:57:09 EST Anselmo Buenos Aires Hotel Joins Curio Collection The signing of Anselmo Buenos Aires, Curio Collection by Hilton was announced at the recent 2015 NYU International Hospitality Industry Investment Conference, exactly one year after the launch of the Curio collection. The hotel will be the first Curio hotel in South America when it opens in July of this year. Mon, 22 Jun 2015 10:27:36 EST Malmaison and Hotel Du Vin Hospitality Chains Sold to Frasers Hospitality KSL Capital Partners, LLC (KSL) announces that an affiliate of KSL completed the sale of the Malmaison and Hotel du Vin hospitality chains to an affiliate of Frasers Hospitality UK Holdings Limited. Wed, 17 Jun 2015 16:49:58 EST Gencom Acquires Ownership Interest in Gemstone Hotels & Resorts Officials of Gemstone Hotels & Resorts today announced that a member of the Gencom family of companies has acquired an ownership interest in the company for an undisclosed sum. Wed, 17 Jun 2015 16:27:27 EST Dual-Branded W and Element Hotel in Downtown Philadelphia To Open 2018 Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the commencement of construction for its first-ever W and Element dual-branded hotel development, scheduled to open in the heart of downtown Philadelphia in early 2018. Wed, 17 Jun 2015 15:24:30 EST Huff, Niehaus Announces the Successful Sale of Owensboro, KY Hotel Huff, Niehaus & Associates, Inc., a member of Hotel Brokers International, announces the sale of the Sleep Inn located in Owensboro, Kentucky. Brandt Niehaus, CHB, CCIM and President of Huff, Niehaus represented the seller, Thies Properties LLC, on the transaction. Tue, 16 Jun 2015 15:39:34 EST WoodSpring Suites Announced for 2016 in Hooksett, NH WoodSpring Suites has entered into a franchise agreement with NH Highway Hotel Group to develop the brand’s first location in New England, in Hooksett, NH. The 124 unit hotel will meet the growing extended-stay demand in the market and is expected to open mid-2016. Tue, 16 Jun 2015 14:55:57 EST