Hundreds of new hotels are expected to open in 2024, from smaller boutiques to lavish resorts in cities both small and large across the globe, resulting in substantial revenue for the multi-billion-dollar hotel industry.
Hotel rooms produced $189 billion revenue in 2022, while Marriott International generated more sales revenue than any other hotel group worldwide in 2021, according to Statista. In addition, Marriott had over 1.4 million guestrooms globally. Meanwhile, Wyndham was the leading hotel company in terms of property numbers with nearly 9,000 properties worldwide.
Ada Hotel, Ada, MichiganScheduled to open in Spring, 2024
In the center of the Ada Village, Ada Hotel celebrates the immensely growing township’s history. Named after the 19th century hotel that served as the township’s cultural centerpiece, the new development will echo its significance within the community. Visitors can expect the three-story boutique hotel to feature 36-guest rooms, a fitness center and two distinct on-site restaurants. Ada Hotel’s inception is a part of the township’s significant redevelopment efforts. The flourishing community is home to 17 restaurants, 21 retail shops and a state-of-the-art library.
St. Regis Cap Cana, Dominican RepublicScheduled to open in Spring, 2024
The St. Regis Cap Cana hotel will be located on Cap Cana’s first and only five-star real estate property. The residential resort includes a 200-room hotel as well as 70 luxury homes and blends perfectly into the surrounding golf course, making it the perfect Caribbean escape for any golf lover. The luxury resort is perfectly positioned with 800 feet of private beach front featuring views of both the crystal blue water and the Jack Nicklaus-designed Punta Espada Golf Club. St. Regis Cap Cana is bringing a luxury element to the Dominican Republic, which has become one the Caribbean’s fastest growing and most stable tourist destinations.
Renaissance Honolulu Hotel & Spa, Oahu, Hawaii Scheduled to open in early 2024
Renaissance Honolulu caters to the diverse needs of travelers with wellness facilities, a private club lounge, heated saltwater swimming pool with cabanas, innovative dining and curated interior artwork by Hawaii designer Sig Zane. This 39-story hotel features 299 guest rooms that provide ultimate comfort and exclusivity. With floor-to-ceiling glass windows, island views set the stage for a day of adventure and exploration. The eighth floor Sky Terrace and Renaissance Spa serves as a sanctuary for fitness and wellness featuring an Olympic sized lap pool, traditional Japanese soaking tubs, Himalayan salt saunas, steam rooms, cold plunge baths and a fully equipped glass-enclosed fitness center with yoga studio.
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The sign on the outside of the Berlin restaurant NOname is very discreet—just NO in script. At first glance after entering, the interior looks pretty subtle as well: tables and curved black chairs, filmy white curtains lining the walls. But then on the back wall is an illustration of the restaurant’s motto No Limits, No Boundaries, No Name: a large mural of a model named Fräulein Fuchs in a black swimsuit tied with bondage ropes. Apparently, on certain nights, risqué programs in sync with the city’s racy reputation take place here. But so on every night does the creative, assured cooking in a six or eight course tasting menu that this year earned the four year old restaurant its first Michelin star. Edgy with excellent food, just like Berlin itself.
Ask people to name the places they’ve visited in the Caribbean and Bequia isn’t the first name you’ll hear. That’s an advantage — especially when you want all the beaches, beauty and local charm of an island vacation without feeling like you’re surrounded by more tourists than sand. And for the ultimate escape look no further than the newly opened Grenadine Villas overlooking Friendship Bay Beach, from the island’s top resort Bequia Beach Hotel.
It's harder than ever to open a new luxury hotel. Interest rates and construction costs are high, so even the projects that do move ahead take longer than expected to finish.
With the new year just around the corner, these new hotels should be on the travel radar. For some, bucket list travel may be the best holiday present of all. Others enjoy the anticipation of planning the trip together, especially if you can redeem hard-earned loyalty points to make the trip more affordable. A handful will be lucky enough to win a free vacation trip, but for everyone else, these are some of the newest hotels worth exploring in 2024.
Hilton has some exciting news for 2024. Along with extra points available, 24 new properties will be added to the Hilton lineup in locations worldwide. Some of these new properties will also be the first for the major hotel brand. Here’s a quick preview of the new places to add to your travel list.
Where are travelers planning to go in 2024? I asked some of the sharpest minds in travel to look into their crystal balls and advance bookings to give me a sense of where people are eager to go.
The 1860s were stellar years for the telegraph and the slaughterhouse. In 1865, Morse code became the global standard for international communication. In 1867, Chicago’s meatpacking industry installed the first system to subdivide labor by moving carcasses from one worker to another on a steam-driven pulley, a methodology that would later inspire Henry Ford’s mass-production of the Model-T.
Locals and tourists frequently swarm to the DUMBO area of Brooklyn for some iconic photos of the Manhattan Bridge, as well excellent shopping and cutting edge art. Visitors can now add another reason to stop by. Just steps from the Brooklyn Flea, NINA is a new restaurant that focuses on fresh, seasonal ingredients and seeks to create a warm environment where sharing plates add to the fun.
There is no question about it: 2023 has been a tremendous year for hotel openings, not just in the U.S. but spanning some of our favorite destinations across the globe. Now, it's time for the travel experts at TPG and our global network of contributors to share our annual list of the best new hotels of 2023, with recommendations for where you should spend your hard-earned money, points and free night certificates.