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Paramount Pictures to build hotel chain with Hollywood and California themes
Movie firm Paramount has announced plans to launch a chain of hotels. The firm, one of the most active studios in Hollywood and the name behind movies ranging from Breakfast at Tiffany’s to Mission Impossible, plans to create up to 50 hotels and...
Germany remains Europe’s strongest investment market for new hotel projects
380 hotels in the pipeline – 54,000 new hotel rooms – intensified market pressure More than 54,000 new upcoming hotel rooms will put further pressure on the performance on 16,000 already existing hotels in Germany: over the next three to four years...
Oman’s 2012-13 hospitality gains 2,000 hotel rooms
Duqm, Oman’s new city on the Arabian Sea, meanwhile, will see the opening of three hotels with a total of 391 rooms Oman’s resort and hotel portfolio will continue to expand with more than 2,000 additional rooms scheduled for opening in 2012-2013,...
Rezidor announces the Radisson Blu Resort, Tsinandali (Georgia)
The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, announces the Radisson Blu Resort, Tsinandali in Georgia. The property featuring 100 rooms is scheduled to welcome the first...
10 hot hotel openings to keep an eye on
REPORT FROM THE U.S.—New hotel construction in the United States has been muted since the economic recession took hold in 2008. But the number of projects in the pipeline is starting to pick up, and there are some outstanding assets either under construction...
Mövenpick Hotels and Resorts perfectly positioned for China success
A Chinese name and logo, a new Shanghai executive team, a website in Mandarin, three new hotels under development and a record number of Chinese consumers embracing Swiss products are paving the way for success in China for Mövenpick Hotels and Resorts. In...
Caribbean hoteliers face issues, opportunity
MIAMI—Thanks to the long-lasting effects of the recession, there are many opportunities for investors looking to pick up distressed hotel assets in the Caribbean region. Speakers on the “Hotel Leaders Speak Out” panel during Monday’s opening general...
Real Madrid enters the luxury resort business
Spain’s Real Madrid soccer team is going into the resort business in the United Arab Emirates. Jointly with the government of Ras Al Khaimah (RAK) , the Spanish champions will develop Al Marjan Island as a “sportainment” destination. The...
Dubai is to build its first underwater hotels at a cost of up to US$120 milliion
The hotel will consist of a discus-shaped building 10 metres below the surface of the sea with 21 bedrooms adjacent to an underwater dive centre and a bar. The bedrooms will have a special lighting system and miniature underwater vehicles that will be...
