NAIROBI, Africa—Since the opening of its first hotel in Congo in 1975, Accor has developed its network in Africa to with 114 hotels—over 17,000 rooms—in 18 countries. The Group is present on all segments, from luxury to budget, with its Sofitel, Pullman, MGallery, Novotel, Mercure, ibis, ibis budget, and Formula 1 brands. In the first semester of 2012 alone, Accor opened more than 1,000 rooms (9 hotels) on the continent. Openings included an ibis in
Research Triangle Park’s (RTP) The Generation Companies, LLC (Generation), a real estate developer, owner, receiver, asset manager, and operator of extended-stay and select-service hotels, recently topped out their Augusta, Georgia Home2 Suites by Hilton. The top-out ceremony, celebrating the completion of all external construction of the hotel. The celebration opened with a welcome by William Smith, managing director, real estate and construction, The Generation Companies, and included remarks by Generation president H. Mark Daley III
InterContinental Hotel Group’s (IHG) has announced the signing of the first Hotel Indigo for Barcelona and the second in Birmingham, UK. IHG’s chief development officer in Europe, Robert Shepherd, said 2012 has been a strong year for Hotel Indigo signings in the region. “Since introducing the brand to Europe in 2009, we’ve opened nine hotels – seven in the United Kingdom and two in Germany. As well as signing the Hotel Indigo Barcelona-Plaza Catalunya and
Warwick International Hotels Acquires the Paradise Island Harbour Resort
Category: Acquisitions, Finance & Development, Real Estate
NASSAU, Bahamas and PARIS—Warwick International Hotels (WIH) has acquired a four-star hotel located on Paradise Island in the Bahamas. The transaction is expected to be completed in the near future. The Paradise Island Harbour Resort, a beach-front hotel, will undergo a full renovation and repositioning program The Paradise Island Harbour resort consists of 246 rooms and is equipped with two restaurants, a lobby cafe/bar, a large outdoor swimming pool, and pool bar. It also features
Steigenberger Hotels AG has announced Puneet Chhatwal as its CEO. Chhatwal joined Carlson Hotels Worldwide in 1998, where he was responsible for the development of the group’s brands in Europe, the Middle East, and Africa. Since 2002, he has been responsible for corporate business development at the Rezidor Hotel Group in Brussels. As chief development officer (CDO) he became a member of the Executive Committee in 2007. During his tenure at Rezidor, the group grew
