Global real estate intelligence provider Lodging Econometrics’ (LE) global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, states the total pipeline stands at 12,714 projects/2,139,002 rooms, up seven percent by projects year-over-year (YOY).
In 2017, project-based business travel spending reached USD45.4 billion, comprising 15 percent of all US business travel spending, according to a Global Business Travel Association (GBTA) study, in partnership with InterContinental Hotels Group.
InterContinental Hotels Group (IHG) announced a partnership with SDB Developers to bring a second Holiday Inn hotel to Kolkata, India.
In their recent Hotel Construction Pipeline Trend Report for Europe, analysts at global real estate intelligence provider Lodging Econometrics (LE) listed AccorHotels, with 209 Projects/26,936 Rooms, as the top global hotel company.
InterContinental Hotels Group (IHG) announced the signing of 10 new deals under seven of its brands in Western China.
InterContinental Hotels Group (IHG) unveiled plans to expand its luxury and upscale portfolio in the UK.
Noble Investment Group, a US-based real estate investment business, and InterContinental Hotels Group (IHG), opened the dual-branded EVEN Hotel and Staybridge Suites hotel, both in downtown Seattle, the US.
Maria Lamarche has been promoted to general manager of Mövenpick Hotel Apartments Downtown Dubai.
InterContinental Hotels Group (IHG) announced the signing of two new hotels in Giza, Egypt; Holiday Inn Giza Sun Capital and Staybridge Suites Giza Sun Capital, in partnership with Arabia Hotels, a subsidiary of Arabia Holding.