Hyatt unveils major expansion of its luxury portfolio

Here are some excerpts from Daily Lodging Report last week. If you’re not a subscriber, you should be. Get updates on hotel deals, development, inventory and career changes. Register here, now.

Sunday, December 11

A extended stay hotel brand will rise as part of a new downtown development Raleigh, North Carolina. The Seaboard Station mixed-use development will include a Hyatt House hotel. The 149-room hotel will be part of the second phase of development led by Hoffman & Associates. The Hyatt House will include a rooftop bar and restaurant, a courtyard pool with an adjacent bar and restaurant, a gym and flexible meeting spaces. The second phase of the Seaboard station development is currently underway and will include the hotel, retail space and two apartment buildings totaling 279 residences.

Selina Hospitality PLC opened his newest location in Israel. Selina Fishman is the brand’s third hotel in Tel Aviv and the 13e in the whole country. Located just 1 minute walk from Frishman Beach, the hotel has 178 beds, a restaurant and bar and a Cowork cafe.

Remark : Selina has significantly expanded its portfolio this year, including opening properties in the United States, Greece, Australia in addition to Israel.

Monday, December 12

Accor also announced a new strategy partnership with Overseas Chinese Town Hotel Group, expanding their relationship and adding a new journey to develop hotel projects in China. Accor and OCT Hotel Group are exploring opportunities with several of Accor’s 40 brands, starting with Fairmont Hotels & Resorts. Fairmont Shenzhen Interlaken is expected to open by the end of 2024. The previous relationship with OCT Hotel Group resulted in Pullman Lijiang Hotel and Pullman Zhouzhuang Hotel. Fairmont Shenzhen Interlaken will be the first project under the new partnership, located in the Overseas Chinese Town East resort town of Yantian District.

The The return of the Le Méridien brand to Australia is in a few months. Le Meridien Melbourne was originally scheduled to open in 2020 but is now locked for a March opening date. The 235-room and suite hotel replaces the historic Palace Theater, located at the Parliament end of Bourke Street. The hotel includes a cafe and bar on the ground floor, a restaurant, various meeting spaces and a terrace with swimming pool on the roof.

Hyatt announced its pipeline of 13 planned openings in its luxury portfolio over the next three years across Europe, the Middle East and Africa. The 13 hotels set to open include brands such as Park Hyatt, Andaz, Grand Hyatt, Thompson Hotels, Miraval Resorts and spas and The Unbound Collection by Hyatt, increasing Hyatt’s luxury brand footprint by more than 30% in EMEA by 2026. New Hyatt hotels include four Park Hyatt-branded hotels, including the return of Park Hyatt in London; the introduction of the first Hyatt branded hotel in Helsinki with the launch of The Unbound Collection by Hyatt brand in Finland; the introduction of the Andaz brand in Lisbon; and the inauguration of the first Miraval luxury wellness resort outside the United States, located on the island of Shura in Saudi Arabia.

Remark : Hyatt executives expressed optimism earlier this year that luxury travel would continue to make progress in its recovery despite broader financial market turmoil.

Tuesday, December 13

Aimbridge Inn announced the expansion of its portfolio with the added three extended stay properties recently acquired by Three Wall Capital, LLC. The properties are as follows: 94-room Home2 Suites by Hilton Olive Branch, Olive Branch, Mississippi; 82-room Candlewood Suites Appleton, Appleton, Wisconsin; and 120 rooms Candlewood Suites Norfolk Airport, Norfolk, Virginia.

JLL Hospitality and Hospitality Group arranged a $110 million refinancing for two adjacent beachfront hotels totaling 481 keys to Pensacola Beach, Florida. JLL represented the borrower, Innisfree Hotels, to secure the five-year fixed rate loan with flexible repayment options through a regional bank. The first hotel is the 275-key Hilton Pensacola Beach with 15,000 square feet of meeting space, two outdoor pools, an indoor heated pool, a hot tub, beach access, a fitness center, a art gallery and four food outlets. The second hotel is the Holiday Inn Resort Pensacola Beach which offers 206 rooms and suites, a lazy river pool, fitness center, table tennis, indoor pool, outdoor pool and hot tub, two points catering and 6,500 square feet of meeting space.

Inauguration of the 100 rooms Margaritaville Hotel planned at the center of Flagler Beach is scheduled for April and the hotel is expected to open its first guests in the fall of 2024. Owned by Elite Hospitality. Margaritaville considers the Flagler Beach Hotel its flagship in its boutique category.

Remark : Margaritaville, long considered one of the pioneers of lifestyle hotels, has more than 30 properties in its portfolio.

Wednesday, December 14

hilton announced a franchise agreement with Munich Hotel Partners to open Conrad Hamburg, which will become the first hotel in Germany to operate under Hilton’s luxury Conrad Hotels & Resorts brand. Located in central Hamburg, the property will undergo a complete renovation before opening under the Conrad brand in 2024. The 238-room hotel will include 25 suites and 32 residential suites, nine meeting rooms , a lounge bar and restaurant, wellness facilities including a luxury spa, gym and private swimming pool.

IHG Hotels and Resorts announced the opening of its new Hotel Indigo in New York’s Financial District. The 180-room hotel has an on-site bar and restaurant, fitness center, and conference room. Hotel Indigo NYC Financial District is owned by Trinity NYC Hotel LLC and managed by Providence Hospitality.

Treehouses at SH Hotels & Resorts makes its US debut in an unexpected location: Sunnyvale, California, right in the middle of Silicon Valley. The hotel will open towards the end of 2023. The hotel will have 254 rooms, including 21 suites, and will repurpose existing buildings, as well as construct a new six-story building. Amenities include a fitness center, cafe, beer garden, outdoor games, pool with cabanas, hot tub, and pizza oven.

Remark : IHG sees growing its global portfolio as a key part of its strategy for its IHG One Rewards loyalty program.

Thursday, December 15

Accor announced its list of highly anticipated properties that will open in 2023. Asia-Pacific and Middle East openings include Fairmont Ramia Serviced luxury residences, Riyadh, SO/ Uptown Dubai, TRIBE Bangkok Sukhumvit 39, Mondrian Singapore and Mercure Hotel Cairns in early 2023. By mid-2023, the openings in these regions include Novotel New Delhi City Centre, ibis Styles Bangkok Twin Towers, Pullman Singapore Hill Street, Rixos Qetaifan Island, Doha and the Raffles at Galaxy Macau. Sofitel Shanghai North Bund, MontAzure Lakeside Phuket – MGallery, Movenpick by Accor, Qingdao, Mercure Tokyo Haneda as well as Grand Mercure Living Chengdu and Grand Mercure Chengdu are scheduled to open in late 2023.

Marriott International announced that he hopes to achieve 50 hotels in Thailand by mid-2023, including the addition of eight hotels planned for next year. With these openings, Marriott plans to launch two new brands – Autograph Collection Hotels and Moxy Hotels. The first Autograph Collection property will be Madi Paidi Bangkok, Autograph Collection, expected mid-2023. They will expand their extended stay portfolio with the opening of three properties under the Marriott Executive Apartments brand – Marriott Executive Apartments Bangkok, Sukhumvit 101; Marriott Executive Apartments Bangkok, Sukhumvit 50; and Marriott Executive Apartments Bangkok Townhall Sukhumvit. Two Courtyard by Marriott hotels located at Suvarnabhumi Airport and in the Sukhumvit area of ​​Bangkok are scheduled to open in 2023 and the first Moxy will be the Moxy Bangkok Ratchaprasong.

Remark : Marriott executives said earlier that Marriott Bonvoy – the hotel chain’s loyalty program – was driving growth in the Asia-Pacific region.

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