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10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
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HOTELS Editors

44 posts
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  • 2 min

Briefs: Hilton signs all-inclusive resort in Mexico; Sofitel’s fourth location in Egypt

  • HOTELS Editors
  • 31 October 2024
🏖 Hilton will open The Sens Cancun Adults Only All-Inclusive Resort, Tapestry by Hilton, in Cancun's hotel zone in 2026 after a complete renovation. It's one of over 10 new Hilton deals in Mexico this year, adding to its 15 all-inclusive Mexican properties. Sofitel's fourth Egyptian hotel, Sofitel Cairo Downtown Nile, will open in January 2025 with 615 rooms and over 2,000 square meters of event space. The U.S. hotel industry saw a year-over-year occupancy increase of 4.5% to 69%, ADR rise of 4.6% to $168.69, and RevPAR growth of 9.3% to $116.32. Tampa occupancy surged by 28.1% due to Hurricane Milton, while New Orleans led in ADR and RevPAR growth, largely due to Taylor Swift’s Eras Tour. Noble Investment Group acquired Courtyard by Marriott Indianapolis | Fishers and Hyatt House & Hyatt Place Indianapolis | Fishers in the burgeoning Fishers District.
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Briefs: InterContinental, 21c Museum Hotels head to Indianapolis; Daxton Hotel joins Curio Collection

  • HOTELS Editors
  • 30 October 2024
🏚 InterContinental Hotels & Resorts to open in Indianapolis this winter, housed in the 1926-built historic Illinois Building after a $110 million restoration, adding a floor to become an 11-story luxury hotel with 170 rooms. Keystone Group developed the site, adding a penthouse suite, two dining concepts, a fitness center, and 5,000 square feet of event space. InterContinental's portfolio spans over 220 hotels with 73,350 rooms in 70 countries. 21c Museum Hotel Indianapolis to open in 2028, managed by Ennismore in partnership with TWG, featuring 156 rooms with original art, three dining venues, and 16,000 square feet of gallery space. Daxton Hotel Birmingham joined Curio Collection by Hilton, opened in 2021, owned by Mark Mitchell, with 151 rooms and over 400 original art pieces. The Boardwalk Hotel on Lake Anna by Kasa opened, offering 34 rooms and sustainability-focused infrastructure upgrades.
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Briefs: Langham Hospitality expands in China; Motto by Hilton opens in Bentonville

  • HOTELS Editors
  • 29 October 2024
📌 Langham Hospitality Group (LHG) expanded in China with the second Cordis hotel in Shanghai, part of the Shanghai SeaWorld complex by China Merchants Group. The hotel boasts 274 rooms, a 20-meter pool, and over 1,700 square meters of event space. 🏡 Motto by Hilton launched Motto by Hilton Bentonville Downtown in Arkansas featuring 175 rooms with flexible beds and communal spaces. 🏡 The Inn at Rancho Santa Fe in California unveiled its Residences & Villas Collection offering units with full kitchens and private yards. 🏢 Indian Hotels Co. (IHCL) opened an 83-room hotel in Thimphu, Bhutan, expanding its portfolio to 345 hotels globally.
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Briefs: Marriott’s new all-inclusive resort in Mexico; a&o hostel in Belgium

  • HOTELS Editors
  • 28 October 2024
🏖 Marriott International opens its 500th CALA property, The Almare, a Luxury Collection Resort, Isla Mujeres, marking its first luxury all-inclusive in Mexico. The resort is the 62nd luxury hotel in CALA for Marriott and features 109 suites with ocean views and private balconies. a&o Hostels is set to open a&o Antwerpen Centraal in Belgium on November 1, after a €4 million renovation, adding to its 41 hotels across 11 countries. LHC Group, with Elliott Investment Management backing, acquires Roomers Munich Hotel, which will be operated by the Dean Group. Vantage Capital exits PickAlbatros Hotels, after investing $18.4 million in December 2020, which expanded the hotel's portfolio from 10,000 to 14,000 keys.
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