HOTELSMag.com - 10 Minutes News for Hoteliers - Page 14

2 min

IHG’ voco hotels expanding across southern Europe

🏨 IHG Hotels & Resorts is expanding voco hotels in Southern Europe with nine new signings and openings in France, Italy, Portugal, Spain, and Turkey, adding over 1,000 rooms. Notable openings include voco Parma & Congressi with 166 rooms in Italy, voco The 7 – Lisbon with 71 rooms in Portugal, and voco Nantes with 127 rooms in France by 2028. Recent launches are voco Antalya – Konyaaltı in Turkey with 118 rooms and voco Bilbao – City in Spain with 91 rooms.

5 min

Crowded House: The forces demanding hotel brand differentiation

🏨 In a crowded hotel industry, over 450 brands account for 17.5 million rooms globally. Global and regional groups represent 55% of the market across 750,000 properties. Major consolidations, like Marriott's acquisition of Starwood, highlight brand growth beyond consumer demand. The industry shifted from asset-heavy to franchise models, emphasizing differentiation through experience, sustainability, and digital distribution. Dominated by the big five—Marriott, Hilton, IHG, Accor, and Hyatt—success hinges on unique experiences and owner value.

2 min

Sheraton opens its first hotel in Malaysia

🏨 Sheraton Hotels & Resorts opened Sheraton Johor Bahru, their first in the city, featuring 345 rooms. Located near the Singapore–Johor Bahru Causeway, it's 45 minutes from Senai Airport. The hotel offers family accommodations, four dining venues, and eight event spaces, including a grand ballroom for up to 1,400 guests. Wellness facilities include an outdoor pool and Sheraton Fitness Center. Guests can enjoy the largest kids’ pool in Johor Bahru and direct access to SKS City Mall.

1 min

Peachtree Group adds six hotels to management portfolio

🏨 Peachtree Group has expanded its management portfolio by acquiring six hotels for its third-party management platform. These include properties in Indiana, New Mexico, Kansas, and Texas. With this addition, Peachtree now manages 115 hotels across 29 brands, totaling 14,212 rooms in 27 states, including D.C. The new additions bring their third-party management portfolio to 42 hotels. Vickie Callahan emphasizes optimizing revenue, cost control, and guest satisfaction.

3 min

Faraway Hotels expands to Sag Harbor and Jackson Hole

🏨 Faraway Hotels will expand with two new properties in Sag Harbor, N.Y., and Jackson Hole, Wyo., opening in summer 2026. Managed by Collared Martin Hospitality, these hotels will convert existing properties. Faraway Sag Harbor will be the new identity for the 67-room Baron’s Cove, with a restaurant called Zagara. Faraway Jackson Hole will transform the Snake River Lodge & Spa, featuring a lobby lounge and cocktail club. The expansion continues Faraway Hotels’ unique narrative-driven hospitality approach.

2 min

In Dubai, addition of first EDITION residences by 2029

🏖 The Dubai Beach EDITION, a collaboration by Shamal Holding and Marriott International, is set for completion in 2029 at Dubai Harbour. It will feature 165 residences and a hotel with 185 rooms and suites, all with waterfront views. This marks the first EDITION residences in the Middle East. Located in a coastal district, the development includes residential, hospitality, retail, and dining facilities, enhancing Dubai’s luxury offerings.

2 min

PHD Hotels acquires Aloft Birmingham Soho Square

🏨 PHD Hotels acquired the 111-key Aloft Birmingham Soho Square, brokered by Hunter Hotel Advisors. The hotel is located four miles from downtown Birmingham within the vibrant Soho Square district, featuring local boutiques and restaurants. Nearby are the Birmingham Zoo, Botanical Gardens, and universities. The hotel offers a meeting space, indoor pool, 24-hour fitness center, Re:fuel snack bar, and W XYZ Bar. Christopher Chavis of PHD Hotels emphasized the strategic value of the acquisition in this dynamic market.

2 min

White Lodging takes management of Shepherd Hotel near Clemson University campus

🏨 White Lodging, a well-respected hospitality company, now operates The Shepherd Hotel in Clemson, S.C., near Clemson University. Open for three years, the hotel employs individuals with intellectual disabilities, with about 30% of its staff participating in ClemsonLIFE. The hotel has gained national attention and plans expansion. It features two food-and-beverage concepts, a rotating art collection, and a rooftop with views of Death Valley Stadium and the Blue Ridge Mountains.

4 min

Why key money can be a strategic solution for delayed hotel property improvement plans

💸 Rising interest rates and supply chain issues have led to delays in Property Improvement Plans (PIPs) for hotel owners. Key money, about 5% of the total deal cost, is increasingly used to manage these delays, especially in full-service and luxury segments. This financial incentive helps fund renovations and address costs. Switching brands using key money involves negotiating new agreements, exiting old ones, and meeting new PIP requirements, with considerations for exit costs and brand alignment.

2 min

Aman heralds Singapore project

🏠 Aman Singapore, set to open in Singapore's tallest skyscraper, The Skywaters, combines a hotel, residences, and a private members club. Developed by Perennial Holdings, with design by Skidmore, Owings & Merrill, it offers spacious suites, Aman Residences, and a full-floor Aman Spa. This iconic project in the Central Business District aims to deliver urban luxury. Aman currently operates 36 resorts globally, with a pipeline including Miami Beach, Beverly Hills, Riyadh, Dubai, and the Maldives.

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