HOTELSMag.com - 10 Minutes News for Hoteliers - Page 12

2 min

Guatemala tourism spending set to rise by 2035: WTTC

🌎 Guatemala's travel sector is projected to see international visitor spending rise from $1.5B in 2019 to $2.6B by 2035, a 72% increase. Visitor spending will grow at a 4.1% CAGR (2025-2035), outpacing overall economic growth. In 2024, the sector will account for $6.1B, up 11% from 2019, and employ over 541,000 people, rising to 703,700 by 2035. Women hold 46.1% of tourism jobs. Taxes generated $1.2B in 2023, or 10% of government revenue.

2 min

IHG signs first Iceland property under Candlewood Suites brand

📍 IHG Hotels & Resorts, in collaboration with ALVA Capital, is launching its first Candlewood Suites in Reykjavik, Iceland, marking IHG's debut in the country. Over the next 3-5 years, up to 500 rooms will be developed across Iceland, including Holiday Inn Express and Garner hotels. The Reykjavik hotel, located in Hlíðar, will offer 53 units with kitchens, gyms, and a 24-hour market. IHG operates over 410 hotels globally, with 192 more planned. ALVA Capital, founded in 2012, focuses on real estate.

1 min

Hotel Equities adds first Hyatt Regency to portfolio

🏨 Hotel Equities will manage the 182-room Hyatt Regency Atlanta Perimeter at Villa Christina located in Atlanta, Georgia. This marks the first Hyatt Regency in their portfolio. Situated in the Perimeter Center district, this hotel offers a rooftop pool, three dining options, and event spaces. It is close to major corporate offices like Cox and Mercedes-Benz. Currently, Hotel Equities operates 13 hotels in Georgia, strengthening its presence in the state.

1 min

Drury Hotels breaks ground on Plaza Hotel in Mobile, Ala.

🏨 Drury Hotels is constructing the Drury Plaza Hotel Mobile in Mobile, Alabama, on the site of a former Drury Inn & Suites. This will be Alabama's fifth Drury hotel. The hotel will feature 186 rooms, over 1,900 sq. ft. of meeting space, free hot breakfast, complimentary evening snacks, free Wi-Fi, and amenities like a 24-hour business center, outdoor pool, and spa. Flexible meeting space accommodates up to 270 attendees.

2 min

Starwood Hotels adds Stéphanie Segaux as VP of development EMEA

📌 Stéphanie Segaux has been appointed as vice president of development for Starwood Hotels in the EMEA region, based in Amsterdam. Reporting to Chief Development Officer Abhay Bakaya, she will focus on new opportunities following openings in London and Copenhagen. Segaux, previously with Rosewood Hotel Group, will target projects in Paris, Crete, Rome, Florence, Dubai, and Riyadh. Starwood Hotels operates nearly 20 hotels globally and has over 20 projects in development.

2 min

COMO Hotels to operate hotel and residences in Melbourne

🏨 In early 2028, COMO Hotels and Resorts will debut on Melbourne's St Kilda Road, marking their second Australian property. The project includes 102 hotel rooms and 54 residences, along with a COMO Shambhala wellness center. Designed by Kerry Hill Architects, the development will feature a restaurant, café, and bar. COMO operates 18 properties globally and enters Australia's east coast for the first time. The development is a collaboration with Orchard Piper and The Carter Group.

2 min

Sonesta launches extended-stay extension for Americas Best Value Inn brand

🏨 Sonesta International Hotels Corporation launches Americas Best Value Studios by Sonesta, an extended stay brand, in 2025. Each studio features a kitchenette, bi-weekly housekeeping, and mandatory laundry. Designed for secondary and tertiary markets, it offers value-driven accommodations with pet-friendly options. Franchisees can manage properties with limited staffing. Guests benefit from Sonesta Travel Pass loyalty points. This expansion addresses the rising demand for long-term stays at affordable prices.

2 min

IHG partners with myroom24 to expand long-term stay offerings across Europe

📅 myroom24 partners with IHG Hotels & Resorts, launching first in Germany to meet Europe's growing demand for long-term stays. The platform supports bookings from 28 to 185 nights across IHG's portfolio, offering midscale and upscale options. Corporate clients, especially in consulting, gain access to discounted rates. IHG’s extended-stay brands like Staybridge Suites and Candlewood Suites feature kitchens and communal spaces, enhancing guest experience and owner revenue in Europe's rapidly growing extended-stay segment.

1 min

Davidson Hospitality names EVP & managing director for luxury & international division

📈 Davidson Hospitality Group has appointed Steve Contos as Executive Vice President, Managing Director – Luxury & International to enhance its luxury and international markets. Previously, Contos oversaw 78 hotels and resorts at Marriott International. He served as executive vice president of operations for Davidson Hotels and Resorts and had roles in Florida and Louisiana. Contos brings experience from managing the Orlando Grande Lakes Resort complex, which includes a 1,000-room JW Marriott and 564-room Ritz Carlton.

1 min

Valor Hospitality to open first Le Méridien hotel in Cincinnati

🏨 Valor Hospitality Partners is expanding into Ohio with The Summit Hotel in Cincinnati, joining Marriott International as Le Méridien, marking the brand's city debut. The hotel, featuring 239 rooms, 32,600 square feet of event space, and 19 meeting rooms, is located in Madison Square, near downtown Cincinnati. Valor's CDO, Dwayne Marshall, highlights the area’s residential and commercial growth. AT Hospitality’s VP Gaurav Sindhi emphasizes the partnership's commitment to exceptional guest experiences.

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