GUANGZHOU, China—W Hotels Worldwide today announced the opening of W Guangzhou, the first W Hotel in mainland China. The 44th W Hotel globally, W Guangzhou marks a rapid Asian expansion for the brand, which has plans to more than double its current footprint of nine hotels to nearly 20 over the next five years. “W Hotels has a strong pipeline of global growth, specifically in Asia, and mainland China is a highly-anticipated and strategic market
Cobblestone Hotels Signs Franchise Agreement for a New Build in Broken Bow, Neb.
Category: Uncategorized
NEENAH, Wisconsin—G4C LLC signed a ten year franchise agreement with Cobblestone Hotels with intent to build a Cobblestone Hotel and Suites in the spring of 2013. The hotel will feature 36 guestrooms, including whirlpool suites, with amenities such as microwaves and refrigerators, coffee service, free high speed internet, and flat panel televisions in each room. The property will also feature an on-site beer and wine bar, meeting room, indoor pool and whirlpool, exercise equipment, guest
NORTH CHARLESTON, S.C.—The 84-room Fairfield Inn & Suites by Marriott in North Charleston, S.C. is scheduled to open on Friday, April 12. The hotel will operate as a Marriott franchise, owned by Northside Hotel Associates and managed by Gateway Hospitality of Columbia, S.C. “We are pleased with the continued growth of Fairfield Inn & Suites hotels in the North Charleston area,” said Shruti Buckley, vice president and global brand manager, Fairfield Inn & Suites. “This
Starwood’s Aloft Brand Launches in Tucson, Ariz.
Category: Development, Finance & Development, Openings
STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide announced the debut of Aloft Tucson University. The opening also marks the completion of another Aloft conversion project, helping to accelerate the brand’s global growth. Owned by Starwood Hotels, the former Four Points by Sheraton property underwent a significant renovation to reposition it as an Aloft hotel. Catering to next generation travelers, Aloft Tucson University offers 154 loft-like rooms. “We are thrilled to debut the Aloft brand in Tucson,
Resorts Bounce Back
Category: Market Reports
Conventional wisdom says that high-end resort hotels are more vulnerable to economic recessions because of the discretionary nature of leisure expenditures. This wisdom rang true when we reviewed how upper-tier resorts performed during the recent recession and found how much more they suffered in 2008 and 2009 compared to the average U.S. hotel. Since then, however, we have observed a strong bounce back in resort occupancy levels, which should allow for significant increases in average
