IHG Sees Room to Take Kimpton Worldwide as Lifestyle Hotel Brand

Selina, a hotel and experiences brand focused on youth travelers, said on Wednesday that its financial metrics were trending in the right direction as it reported earnings results.

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Standard International, the hotel company behind The Standard Hotels and The Peri Hotel — and a majority owner of Bunkhouse House Group — is taking on a lot these days to meet CEO Amber Asher‘s aggressive expansion plans.

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Kerzner International has unveiled its new brand Siro, a set of fitness-themed lifestyle hotels. The developer said on Wednesday that it has slated to open its first property in a tower in One Za’abeel, a luxury community in Dubai, U.A.E., in the last months of 2023.

Several big-name hotel companies have entered 2023 with tech partnerships to modernize operations and services. 

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Flynn Properties and Värde Partners said on November 21 they had created a joint venture that had acquired an 80 percent interest in 89 select service and extended stay hotels.

Owners of U.S. hotels have long turned to third-party management companies, such as Sage Hospitality Group, to run their properties. Sage stands out because, since 2017, it has grown from having 17 independent, soft branded, luxury, or lifestyle properties in largely suburban areas to having 47 lifestyle hotels in major urban areas (out of 60 hotels total).

Hotel company Sonesta said on Tuesday it would launch a new brand, Sonesta Essential, and offer a just-added brand, The James, to developers.

Hotel companies have been launching new brands again. Hilton Worldwide said on Wednesday it had created its first hotel brand in the economy segment, Spark by Hilton. Accor, the owner of the world’s most hotel brands, said last week it had reorganized itself around its brands. Marriott International, Wyndham Worldwide, Hyatt, Kerzner, and Best Western have created or bought hotel brands in the past several months.

When international travelers visit Portugal, some may look for a big chain you’d find in, say Phoenix. But AlmaLusa, a boutique hotel brand founded in 2016, is banking on travelers looking for something more authentic.