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Europe’s Hotel Construction Pipeline Holds Steady

Europe’s hotel construction pipeline has 1,062 projects with a total of 172,063 rooms—up 13 percent year-over-year (YOY), according to a report from Lodging Econometrics. About half of those projects (527 with 91,195 rooms) are under construction, an increase of 30 percent YOY. Projects scheduled ...

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InterContinental Hotels and Resorts Growing in Europe

InterContinental Hotels and Resorts Growing in Europe

InterContinental Hotels Group has signed two InterContinental Hotels in Europe: the InterContinental Dublin in Ireland and the InterContinental Baku in Azerbaijan. From Jan. 1, 2015, InterContinental Dublin will operate under a franchise agreement with Ballsbridge Hotel Limited, an affiliate of ...

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Accor Purchases 97 Hotels In Europe

Accor Purchases 97 Hotels In Europe

Accor announced that its HotelInvest business has agreed to purchase two real estate portfolios representing 86 and 11 hotels respectively (12,838 rooms) for a total consideration of about 900 million euros. “These transactions send a strong signal of our capability ...

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Kempinski Opens Hotel in Taiyuan, China

Kempinski Opens Hotel in Taiyuan, China

TAIYUAN, CHINA—Kempinski unveiled its nineteenth mainland hotel this week in Taiyuan, China. It represents the first international five-star hotel in the city. Located in the center of the Dragon City, Kempinski Hotel Taiyuan is a hotel that blends European style ...

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