Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group, recently signed an agreement with Chongqing Guest House Co. Ltd. to manage a hotel in Chongqing that is scheduled to open in late 2011. The 469-room Shangri-La hotel will occupy the first 28 floors of a new 58-storey landmark building, a multi-purpose complex incorporating office space and innovative retail outlets.
Warnick + Company today announced it has been appointed asset manager of the 293-room luxury Montelucia Resort in Paradise Valley, Ariz., by the property’s lender, a bank consortia led by Eurohypo AG, one of the world’s preeminent commercial banks. Operated by InterContinental Hotels Group, the luxury resort includes a 31,000-square foot spa, four restaurants, 27,000 square feet of meeting space, and 34 for-sale residential villas serviced by the resort. It opened in the fall of 2008 at a cost of approximately $330 million.
Cambodian-based company, the Grand Lion Group, has entered into a management agreement and related agreements with Marriott International to operate the 218-room Courtyard by Marriott Siem Reap. The agreement is the first of its kind for the Grand Lion Group whose primary business is real estate and agriculture.
Serene Pavilions, a new venture in luxury hospitality located in Wadduwa on Sri Lanka’s west coast, has joined the prestigious Small Luxury Hotels of the World brand.
Cusco’s first luxury boutique hotel, Inkaterra La Casona, has been officially named a member of the Relais & Châteaux collection.
Carlson Hotels, one of the world’s leading hotel companies, and The Mayapada Group announce their partnership to bring luxury brand Regent to Indonesia. They broke ground on the new property today.
Choice Hotels Adds Ten Additional Outrigger-Affiliated Hotels across Hawaii to its Upscale Ascend Collection Membership Program
Absolute Hotel Services has formed a joint venture company in India with KBJ Group and National Capital Management Pvt. Ltd. (NCMPL). The new company, called Absolute KBJ Hotel Services India has been established to support Absolute Hotel Services company expansions in hospitality management and consultancy services across India, Bangladesh, Sri Lanka, Nepal and Maldives, and will start operating from 1 February 2010 from its office in Mumbai.
During its bi-annual CEO Committee meeting in Bangkok, Global Hotel Alliance (GHA) announced the addition of Mirvac Hotels & Resorts as its newest member brand, thereby extending the alliance’s reach to Australia and New Zealand.
The Mandarin Oriental, Sanya, has partnered Hainan Rendez-Vous, a luxury lifestyle show taking place over the Easter weekend from 2 – 4 April, 2010. Combining private jets, yachts and mega yachts, luxury real estate and lifestyle products, the event showcases some of the finest brands the world has to offer. Guests staying at Mandarin Oriental, Sanya over this period can enjoy exclusive, complimentary access to the event.
A subsidiary of Harrah’s Entertainment, Inc. will assume management of the hotel at the Planet Hollywood Resort & Casino on the Las Vegas Strip on January 16, 2010, at midnight. The Planet Hollywood hotel is adjacent to Harrah’s Entertainment’s Paris Las Vegas Hotel & Casino on the Las Vegas Strip.
Fairwood Capital, LLC, a real estate investment firm focusing on hospitality assets, today announced the acquisition of the 144-room Hampton Inn & Suites Memphis Beale Street for an undisclosed amount from Peabody Place Hotel Company. Peabody Hotel Group, the current operators of the property, will continue to manage the hotel for Fairwood. It is the second hotel acquired by Fairwood in the past two months.