Ahn Luh Inks Management Deal for Hotels in Shanghai and Shaoxing
Category: Acquisitions, Finance & Development, Real Estate
SHANGHAI—Ahn Luh expanded its presence in China today with the signing of hotel management contracts with the Qinsen Group. The agreements cover two upscale hotels: Ahn Luh Lanting, scheduled to open in fall 2014, and Ahn Luh Zhujiajiao, opening in spring 2015. “Ahn Luh Lanting in Shaoxing will feature historic Hui-style homes that date back as far as the 1600s while the Zhujiajiao project aims to reflect the rich cultural traditions of this ancient water
MADINAH, Saudi Arabia—InterContinental Hotels Group (IHG) has opened Crowne Plaza Madinah this week. The opening marks the first Crowne Plaza hotel in the Madinah, Saudi Arabia. The hotel includes 506 rooms and suites, including 259 twin standard rooms and 49 king standard rooms. The property also features a multi-functional business center, five meeting rooms and free internet access throughout the hotel. Crowne Plaza Madinah also presents a variety of dining options. Al Rawdha, the hotel’s
MERRILLVILLE, Ind.—White Lodging Services announced it will construct a Hyatt Place and Hyatt House dual-branded property in downtown Denver and that it will operate the property under a franchise agreement. “We are thrilled to be part of this exciting new development that is located just steps away from the Colorado Convention Center and Denver’s famed 16th street entertainment district,” said Deno Yiankes, president and CEO of White Lodging’s investments and developments division. “This project is
As part of Earth Week, we are saluting the hotels all around the world that are making changes to implement sustainable practices and tools to protect the earth and help their properties run more efficiently. But few can say that they are nearly fully powered by solar energy. However, the Turtle Island Resort in Fiji has that distinction. The luxury retreat began the installation of 968 solar panels last year, and the panels now provide
The Dollars and Sense of Going Green
Category: Design Trends and Tips, Operations, Smart Strategy, Sustainability
Rishi Shah is dedicated to being as eco-friendly as possible. As the asset manager of the Wyndham Philadelphia in Mount Laurel, N.J., he’s figured out ways to make his interest in sustainability improve the property’s bottom line. This year, the 243-room hotel will save an estimated $65,000 thanks to a new solar carport that has 265 parking spots and covers 70 percent of the lot. The electricity the carport produces will help reduce an estimated