Hotel development tips

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

The Postcard Hotel is a brand with momentum behind it. It was named Asia’s leading boutique hotel brand at the World Travel Awards in 2022. Even though the India-based brand only launched in 2018, it already has nine properties open, with another 23 under development.

Mondrian Singapore Duxton, a 302-room luxury hotel, has seen its opening delayed by a couple of months. The Straits Times has a fun profile by Louisa Lim of all the frenzy behind-the-scenes in how the joint venture by hotel group Accor and lifestyle brand builder Ennismore aims to get the five-star hotel just right.

Tyler Morse, Chairman and CEO of MCR Hotels, revealed that his company had acquired about 70 hotels and two software companies during the pandemic when he spoke at the Skift Future of Lodging Forum.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

When Phil Hospod started his hospitality firm, Dovetail + Co, back in 2018, he was coming off some pretty big wins as part of the Sydell Group, helping launch the Freehand New York and The Line DC. Still, he knew he wanted to go out on his own.

Wyndham‘s executives believe that investor concerns that the U.S. banking crisis will hurt its hotel development are groundless.

Hyatt Hotels unveiled on Tuesday a new brand, Hyatt Studios, as its entry into upper-midscale extended stay lodging in North America. It expects the first openings in 2024.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Hilton Worldwide executives teased on Wednesday that they expect to announce a new apartment hotel brand within the next couple of months. The move will come as the operator continues to expand its portfolio beyond premium and luxury hotel brands, such as Waldorf Astoria and Conrad.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Marriott International acknowledged that bank lending challenges in the U.S. might impact the pace of its hotel development in North America. But so far, the banking crisis hasn’t affected its hotel pipeline. The company forecasted that it would sidestep any major problem.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

At first glance, Faraway Nantucket, a 62-room boutique hotel created by the real estate investment and development firm Blue Flag Partners, may seem like just another shingle-clad property on the Massachusetts island. But take a step inside, and the interiors seem anything but traditional or ordinary.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Real estate development firm Quadrum Global said this week that it planned to bring The Williamsburg Hotel under its Arlo Hotels brand by September — having in April bought that boutique hotel in Brooklyn, New York, for $96 million.

Anthony Capuano took the helm of Marriott International in early 2021 in what was in some ways a battlefield promotion, following the tragic death of the company’s president and CEO Arne Sorensen. After navigating the tumultuous post-pandemic era, Capuano finally has time to pause and fine-tune strategy at the world’s largest hotelier.

Here are some excerpts from Daily Lodging Report from the past week. Jump to Tuesday, below, for the headline story. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Hotel bookings will continue to boom despite inflation. A lack of hotel construction is giving pricing power to existing hotels. At the same time, rising demand from corporate group events and international travelers from China and India are tailwinds supporting the sector.