Development

The Rezidor Hotel Group (STO:REZT) expands the portfolio in Morocco and announces the Radisson Blu Hotel, Marrakech Carré Eden. The property will feature 204 rooms and welcome the first guests in 2011.

Ramada Worldwide, one of the world’s leading international hotel chains with nearly 900 properties around the globe and a member of the Wyndham Hotel Group family of brands, today announced its continued expansion in the Middle East with the development of two new hotels: the 299-room Ramada® Plaza Kuwait City hotel in Kuwait and the 183-room Ramada Hotel and Suites Amman hotel in Jordan.

Distinguished International(R) Hotels, Residences and Resorts is pleased to welcome Tom Reid, Proprietor and his team at the Glasson Hotel and Golf Club in Athlone, Ireland, as the newest member of its international properties.

Following the acquisition last year from The Crown Estate of the iconic Metropole building on Northumberland Avenue and the adjoining 10 Whitehall Place, Corinthia Hotels has since secured full funding and commenced works for the refurbishment of both buildings into a luxury hotel and private residences.

In Q1 2009, the US Construction Pipeline decelerated rapidly and now stands at 4,918 projects/619,431 rooms. Compared to the Pipeline peak in Q2 2008, this is a drop of 16% by projects and 21% by rooms, a substantial fall-off for a three-quarter period. Current pipeline trends are beginning to reflect the deep recession in the … Read more