Extended Stay America to add 15 hotels: Extended Stay America has signed a development agreement with a partnership consisting of Concord Hospitality, based in Raleigh, North Carolina, and Whitman Peterson, based in Westlake Village, California, to develop 15 new Extended Stay America Premier Suites hotels in the western United States . The properties will be located in Denver, Colorado; Phoenix, Ariz.; Las Vegas, Nevada; and Salt Lake City, Utah. Concord Hospitality will handle the development, branding and operation of the properties; while Whitman Peterson will provide equity, identify markets and assist with development. Extended Stay America currently has 28 Extended Stay America Premier Suites across the United States
HVMG adds in Atlanta: Hospitality Ventures Management Group (HVMG) of Atlanta, Georgia announced it will operate the recently opened 195-key REVERB by Hard Rock Downtown Atlanta. The hotel is owned by Bolton Atlanta, a subsidiary of Atlanta-based real estate development company Dezhu US. The 11-story pet-friendly hotel features a 3,800-square-foot lobby, grab-and-go outlet and rooftop bar. The HVMG portfolio currently operates 56 hotels and a convention center in 16 states with a total of more than 9,000 rooms.
Ascott reports: CapitaLand Investment’s (CLI) wholly-owned accommodation division, The Ascott Limited (Ascott), on Monday shared its business outlook and strategy for managing accommodation investments, indicating that RevPAR at the end of the third quarter was close to pre-pandemic levels in the year In 2019, serviced residences were expected to continue growing revenue. Ascott’s leadership said the group is beginning increasingly unfunded growth, with over 80% of its properties currently signed under management and franchise agreements, up from 39% in 2011. In the first half of this year, Ascott signed more than 7,500 new ones Rooms and opened over 4,500 rooms. With the acquisition of Oakwood, it achieved 15% net room growth in 2022. Ascott is on track to meet its goal of 160,000 units worldwide by 2023.
Mövenpick grows in Indonesia: Accor has expanded its presence in Indonesia with the signing of its second Mövenpick hotel in Jakarta. An existing 23-storey hotel will be converted for the Mövenpick Hotel. Scheduled to open in Q3 2023, Mövenpick Jakarta Pecenongan will offer 253 rooms and suites, an executive lounge, five restaurants and bars, an outdoor pool and a fitness center. The hotel will also feature two ballrooms, a reception area, several meeting rooms and a wedding chapel on the sixth floor. The hotel joins the Mövenpick Resort in Bali and the recently signed Mövenpick Hotel at Jakarta Airport. Accor has 130 hotels and a pipeline of 53 projects across Indonesia.
AHLA, Partner of the Sustainable Hospitality Alliance: The American Hotel & Lodging Association (AHLA) and the Sustainable Hospitality Alliance have formed a new strategic partnership to advance progressive ESG efforts in the hotel and hospitality industry. As part of the partnership, AHLA, the AHLA Foundation and the Alliance will work together to support each other’s solutions and programs. The partnership announcement follows a two-day summit hosted by the alliance. Alliance members represent 35% of the global hospitality industry by room and includes 21 leading hospitality companies and partners, most of which are also AHLA members.
Capital One Travel announces new offers: Capital One Travel has announced Premier Collection, a global selection of luxury properties. Accommodation in this collection includes hotels from leading brands and companies such as Small Luxury Hotels, The Leading Hotels of the World, Six Senses, 1 Hotels, Proper Hotels, etc. Scheduled to launch later this year, the Premier Collection is available to Venture X owners -Cards available offering premium benefits and increased revenue with every stay. Capital One Travel has also launched Capital One Landing, a new culinary alternative to the traditional airport lounge in partnership with the José Andrés Group. Capital One Landings will debut at Ronald Reagan Washington National Airport and Terminal B at New York’s LaGuardia Airport. The company will also open Capital One Lounges at Denver International Airport and Dulles International Airport in early 2023.
Spain checks Booking.com: Spain’s competition authority has launched an investigation into alleged anti-competitive behavior by Booking.com after the Spanish Association of Hotel Managers and the Madrid Regional Hotel Association sued the online travel agency giant. The Comisión Nacional de Los Mercados y La Competencia (CNMC) said it will investigate some of Booking.com’s practices and whether they constituted an abuse of a dominant position in the provision of intermediary services to hotels and whether they imposed unfair trading conditions and the imposition of business policies that may have excluding effects on other online travel agencies. The Spanish competition regulator has up to 18 months to conduct its investigation and make a final decision.