Radisson Hotel Group marks its debut on the tropical island of Réunion with the opening of Radisson Hotel Saint Denis. The Group now boasts a portfolio of six hotels across three Indian Ocean islands, including Mauritius and Madagascar, in this popular and captivating region.
CapitaLand divests two Sydney hotels for $109 million
CapitaLand Ascott Trust (CLAS) is divesting two Sydney hotels for $109 million amid continued strong investor activity in the Australian hotel sector.
InterContinental Chiang Mai The Mae Ping opens in the heart of Chiang Mai to foster connections with Lanna Culture, Nature and Self
The opening of InterContinental Chiang Mai The Mae Ping in Chiang Mai’s historic district marks the first milestone in a strategic partnership between IHG Hotels & Resorts and Thailand’s leading integrated lifestyle real-estate group, Asset World Corporation (AWC). Today, as the contemporary escape officially opens its door in one of northern Thailand’s most enchanting destinations, travellers seeking to connect with the region’s traditional cultures can look forward to rewarding stays steeped in true luxury and imbued with a sense of discovery.
CapitaLand Ascott Trust divests two hotels in Australia for AUD109.0 million
CapitaLand Ascott Trust (CLAS) is divesting two mature hotels in Sydney, Australia to an unrelated third party for a total of AUD109.0 million (S$95.6 million). Situated outside of the city centre, the two properties are Courtyard by Marriott Sydney-North Ryde and Novotel Sydney Paramatta.
IHG adds 350-keys to its Punjab portfolio with a dual hotel signing
IHG®Hotels & Resorts, has signed a management agreement with NK Sharma Hospitality Pvt Ltd to develop two new hotels in the Chandigarh tri-city area – Crowne Plaza Chandigarh Zirakpur in the premium segment and Holiday Inn & Suites Chandigarh Zirakpur from the essentials collection. Currently under construction, both hotels are scheduled to open in January 2027.
Coral Cay Mackay sold to private Queensland hotel group
The freehold going concern interest in one of Mackay’s leading accommodation offerings, Coral Cay Mackay, has been sold to a private Queensland-based hotel group.
IHG Hotels & Resorts expand luxury portfolio with signing of Vignette Collection at the heart of Europe project in Dubai
IHG Hotels & Resorts, has announced the signing of a franchise agreement for its second Vignette Collection hotel in Dubai in partnership with The Heart of Europe, the flagship project under Kleindienst Group. Scheduled for a grand opening in January 2026, Marbella Resort Hotel, Vignette Collection The World Islands Dubai, will mark a significant milestone for The Heart of Europe, solidifying IHG’s presence within The World Islands – an archipelago of manmade islands located in the Arabian Gulf, off the coast of Dubai.
Resolute Road Hospitality announces addition of two Oregon Hotels to managed portfolio
Resolute Road Hospitality, a third-party management company founded on the promise to change the way owners think of their management company, announced today the addition of two hotels to its third-party managed portfolio. The properties, both located in Oregon, are owned by Evergreen Hospitality Development Group, a hospitality development and investment firm led by Alkesh Patel. Prior to founding Evergreen Hospitality, Alkesh served as the 2012-2013 Chairman of AAHOA, the world’s leading association of hotel owners, with over 18,000 members owning more than 20,000 hotels.
Sanctuary in the Sky – Renaissance Honolulu Hotel & Spa set to open early 2024
Renaissance Honolulu Hotel & Spa is a captivating new destination where adventure meets authenticity in the heart of Honolulu. With doors set to open in early 2024, Renaissance Honolulu, the brand’s first location on the island of Oahu, will offer an immersive island experience to culturally curious travelers. Situated near the city’s vibrant epicenter and its world-famous beaches, this brand-new 39-story oasis features luxurious rooms and suites with floor-to-ceiling glass windows and contemporary design.
IHG Hotels & Resorts continues Crowne Plaza’s growth momentum with new signing in Mexico City
IHG Hotels & Resorts (IHG), today announced the signing of a new build Crowne Plaza hotel in a coveted location along Mexico City’s famed Avenida de los Insurgentes. Scheduled to break ground in early 2024 ahead of a planned 2026 opening, Crowne Plaza Mexico City Insurgentes will serve as a regional halo property for the brand and – upon its return to the nation’s capital – join a roster of seven* currently open Mexico properties.
