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The Asia Pacific Hotel Pipeline Excluding China Is Growing

The Asia Pacific Hotel Pipeline Excluding China Is Growing

The most recent Asia Pacific construction pipeline report from Lodging Econometrics shows that the total pipeline excluding China has grown by 10 percent year-over-year (YOY), reaching 1,688 projects/342,670 rooms. The number of projects under construction in the pipeline is up ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Kimpton Hotels & Restaurants announced Allison Reid as chief development officer for the Americas. With 30 years in the hospitality industry, Reid will manage real estate development and contracts for her region. Before joining Kimpton, Reid oversaw development for Starwood ...

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Accor Scoops Up Rental Service Onefinestay

Approaching the increasingly complex sharing economy in a new way, AccorHotels has agreed to purchase Onefinestay, a home-sharing service, for $168 million. The company expects to invest another $72 million to extend the reaches of the service internationally. The purchase can ...

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Accor Signs 50 Hotels in Angola

Accor Signs 50 Hotels in Angola

AccorHotels has signed an exclusive partnership with Angolan company AAA Activos LDA to open 50 hotels with more than 6,200 rooms in Angola between 2015 and 2017. The hotels, which will span from economy to luxury, will be opened in ...

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Accor Adopts New Name, Transforms Distribution Platform

Accor Adopts New Name, Transforms Distribution Platform

Accor is now called AccorHotels and has adopted a new signature, as it ramps up its digital drive by transforming its AccorHotels.com distribution platform into a marketplace open to a selection of independent hotels. Sébastien Bazin, AccorHotels chairman and CEO, ...

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