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AccorHotels Invests in Banyan Tree Holdings

AccorHotels Invests in Banyan Tree Holdings

AccorHotels has entered into a heads of agreement with Banyan Tree Holdings. Under a long-term partnership, both parties intend to collaborate to develop and manage Banyan Tree-branded hotels around the world. Banyan Tree will also have access to AccorHotels’ global ...

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Global Hotel Industry Grew in Value in 2015

Global Hotel Industry Grew in Value in 2015

The global hotels and motels industry grew to a value of just over $719.1 billion in 2015, with Europe emerging as the largest regional market, and accounting for more than 34 percent of global market value, according to research firm ...

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Fairfield Inn Cuero, Texas Opens

Fairfield Inn Cuero, Texas Opens

CUERO, Texas—The 81-room Fairfield Inn & Suites by Marriott in Cuero, Texas, has opened with its smart, inventive public space and guest room design, and its bright and inviting décor. Located at 2121 North Esplanade Street, the Fairfield Inn & ...

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Pod Brooklyn to Open Spring 2017

Pod Brooklyn to Open Spring 2017

BROOKLYN, N.Y.—Pod Brooklyn, the latest addition to the Williamsburg neighborhood and next generation of properties from BD Hotels and CB Developers, is slated to open in spring 2017. Following the successful models in Manhattan (Pod 51 and Pod 39), Pod ...

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Dream Hotel Group Announces Expansion Into Vietnam

Dream Hotel Group Announces Expansion Into Vietnam

NEW YORK, N.Y.—Hotel brand and management company Dream Hotel Group signed its first hotel in Vietnam with locally owned Beegreen Group to develop Dream Oceanami Villas & Spa in Long Hai, Ba Ria-Vung Tau Province, the country’s top tourist destination. ...

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Hotel Equities Opens DoubleTree Arlington DFW South

Hotel Equities Opens DoubleTree Arlington DFW South

ATLANTA—Atlanta-based Hotel Equities (HE) recently held a grand opening and ribbon cutting celebration in Arlington, Texas for the DoubleTree by Hilton Arlington DFW South. Hotel Equities manages the 237-room, five-story property that recently completed a $10 million renovation in the ...

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