Hilton Garden Inn Tbilisi Riverside will be situated on the banks of the Kura River, close to two of the city's universities, political ministries and a number of large corporate offices. The hotel will include 161 guestrooms, some of which will overlook the river, a bar and restaurant, as well as a fitness centre and two meeting rooms.
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Kastrati Hotels & Tower shpk for the first Hyatt-branded hotel in Albania. The 151-room Hyatt Regency Tirana is expected to open in late 2019
Leonardo Hotels are planning to open a fourth hotel in Frankfurt am Main. The Leonardo Hotel in Europaallee 94 is being built next to a 66-meter-high office tower and is due to open in 2021.
European hoteliers had cause for celebration in October, as hotels recorded a 6.1-percent year-on-year increase in profit per room. Performance was boosted by a number of major festivals hosted in key cities, according to the latest data tracking full-service hotels from HotStats.