The Blue Swan Daily brings you the first of this week’s round up of some of the latest accommodation news from across the globe.
- Hyatt House hits 100 hotel locations with opening of San Jose airport property
- NH Hotel Group boosts its European portfolio with addition of Boscolo portfolio of eight high-end hotels
- Meliá Hotels International takes the blockchain approach to sustainability as it partners with Spanish start-up in carbon-credit management
- voco doubles-up in Saudi Arabia and third property will follow shortly
- Middle East and North Africa’s recent hotel profits were short-lived as November performance sees return to year’s trend
- News briefs – bitesize updates of latest industry news and developments
Hyatt House hits 100 hotel locations with opening of San Jose airport property
Hyatt Hotels is celebrating a significant brand milestone with the opening earlier this month of the 100th Hyatt House hotel: Hyatt House San Jose Airport. The newly built airport hotel provides guests the service and convenience of hotel living with the casual comforts of home and is jointly owned by Liberty Group and Hyatt Hotels. It is located adjacent to the Norman Y Mineta San Jose International airport and is accessible from all major freeways in Silicon Valley including 880, 101, and 87. The property has 165 guestrooms, including 113 apartment-style kitchen suites with fully equipped kitchens, living room, bedroom and bathroom.
NH Hotel Group boosts its European portfolio with addition of Boscolo portfolio of eight high-end hotels
NH Hotel Group will operate a unique portfolio of eight high-end hotels with a total of 1,115 rooms in prime locations in Europe – in Italy, France, Czech Republic and Hungary after agreeing terms to lease the properties from Covivio, a leading European real estate investor. The hotels, formerly the prestigious Boscolo portfolio, consists of six iconic properties, including Palazzo Naiadi in Rome, Italy; The Carlo IV in Prague, Czech Republic; Hotel Plaza in Nice, France; The NY Palace and The NY Residence in Budapest, Hungary; and Grand Hotel Dei Dogi in Venice, Italy; and two premium hotels in Italy, namely Bellini Hotel in Venice and Palazzo Gaddi in Florence. The hotels will be rebranded under Anantara and NH Collection and other group brands following an extensive repositioning work programme which will be pursued by Covivio in all the properties in the coming months. The closing of the transaction is expected to be fully complete by the end of the first half of 2020 at which the handover will take place, except for the hotels in Florence and Nice, which are currently under a full refurbishment expected to be completed by June 2020 and January 2021 respectively.
Meliá Hotels International takes the blockchain approach to sustainability as it partners with Spanish start-up in carbon-credit management
Meliá Hotels International has partnered with Climatetrade, a Spanish start-up in carbon-credit management, to allow customers to get directly involved in combating climate change and support its own Sustainability Master Plan of reducing emissions by 50% by 2035. From 1Q 2020, MeliáRewards loyalty members will be able to redeem points in exchange for internationally certified carbon credits and use them to support a choice of sustainable projects which help develop, protect and conserve natural ecosystems. Climatetrade uses blockchain to allow companies to offset greenhouse gas emissions online avoiding intermediaries in offsetting schemes. The arrangement is thought to be the first by a hotel group to offer loyalty programme members the chance to become directly involved by acquiring carbon credits to assign to certified projects.
voco doubles-up in Saudi Arabia and third property will follow shortly
InterContinental Hotels Group (IHG) has lauched its second voco hotel: voco Al Khobar in the Kingdom of Saudi Arabia (KSA) in partnership with KSA-based developer Wasata Al Wosta Real Estate. The 130-room property is located on Dhahran road within a short distance of the city’s landmarks, including Al Rashid Mall and Eastern Province business hub, Al Khobar Corniche, Halfmoon Beach and less than ten minutes from Saudi Aramco. IHG opened voco Riyadh in Nov-2019 and has the enormous voco Makkah – a 4,321 room hotel spread across nine high-rise towers – due to open in early 2020.
Middle East and North Africa’s recent hotel profits were short-lived as November performance sees return to year’s trend
Two consecutive months of profit growth gave way to a contraction in Nov-2019 for hotels in the Middle East & North Africa as GOPPAR declined -1.7% year-over-year, according to data from HotStats. The region had short run of GOPPAR gains prior to November’s decline, but the drop is more in line with MENA’s overall 2019 performance. Looking for positives, the drop is the smallest year-on-year decrease in 2019 and far smaller than the -4.2% rate for the first 11 months. The data shows room revenue was down -2.6% compared to the same month last year, dragged down by a -5.1% drop in room rate. Occupancy for the month was up 1.9 percentage points to 76.2%. The drop in RevPAR, along with a -1.5% decrease in F&B RevPAR, equated into an overall decrease in total revenue of -2.7% year-on-year.
- Curaçao Hospitality & Tourism Association announced that preliminary Nov-2019 figures show that Curaçao had a hotel occupancy of 74.4.%, a -3.1 percentage point year-on-year decline. The average daily rate declined -3.5%, from ANG137.47 (USD76.82) to ANG132.64 (USD74.12). Revenue per available room declined by -7.3% to ANG98.69 (USD55.14).
- Hyatt Hotels has confirmed the opening of Thompson Washington DC, the Thompson Hotels brand’s first property in the nation’s capital. Located in the emerging Navy Yard neighbourhood, the new hotel features 225 guestrooms and suites.
- Hyatt Hotels confirms that an affiliate has entered into a management agreement to develop a new 450-room Hyatt Regency branded hotel in Kuala Lumpur. Set to be completed in 2024, the new hotel will mark the return of the Hyatt Regency brand to Kuala Lumpur. The poperty will be situated just north of the Malaysia International Trade and Exhibition Centre (MITEC).
- Icelandair announced the 75% sale of Icelandair Hotels to Berjaya Land Berhad is in its final stages. Berjaya paid USD15 million, is scheduled to pay USD29 million following the refinancing of Icelandair Hotels and USD40 million on 28-Feb-2020 as the remaining balance of the purchase consideration. Due to a two month extension until 28-Feb-2020, Berjaya has agreed to pay interest of 6% per annum until the final payment is rendered.
- InterContinental Hotels Group (IHG) has signed a management agreement to open Hotel Indigo Moscow – Tverskaya by the end of 2020, marking the debut of the upscale brand in the Russian capital. No two Hotel Indigo properties are the same with each hotel drawing inspiration from the local neighbourhood and culture. This example, located in a historical building along Tverskaya Street, will have 100 guest rooms, a gym and lobby bar.
- PHI Hotel Group has confirmed its acquisition of the seven-acre Pacific Gateway Hotel. The 382 room property is located on Sea Island, just minutes from Vancouver International airport.
- UK hotel company Premier Inn has installed lifesaving defibrillators in all its 800 hotels, including those that operate under its hub brand. The move has been hailed as having the potential to save countless lives – and indeed has already done so within just days of installation after a guest at a pub next to Premier Inn Westminster hub on London’s Tothill Street suffered a sudden cardiac arrest.
- Shanghai International Airport Co Ltd signed a cooperation agreement with InterContinental Hotels, Shenzhen Excellent Group, Shanghai Yukong Hotel Management Co and Shanghai Masteck Environment to jointly construct a terminal complex at Shanghai Pudong International Airport. The complex will integrate overnight accommodation for passengers, commercial facilities for the terminals, catering services and comprehensive office functions.