3 U.S.-Based Hotel Brands Expand to Africa, Vietnam, and Bali
IHG Signs Master Deal To Expand in Sub-Saharan Africa
InterContinental Hotels Group (IHG) has signed a master development agreement with Valor Hospitality Partners Africa to roll out multiple franchised hotels over the next 10 years. The agreement will see IHG expand its presence in Sub-Saharan Africa, including South Africa, Botswana, Mozambique, Mauritius, Ethiopia, Zambia, and Kenya. Valor Hospitality Partners Africa is a subsidiary of Valor Hospitality Partners Global, which manages and asset manages projects across the U.S., the U.K., the Middle East, South Africa, and Southeast Asia. IHG currently operates hotels with Valor Hospitality Partners in the U.S. and U.K. “This signing is in line with our growth ambition in the region and will add approximately 1,000 rooms to our portfolio in the African continent, primarily in the midscale segment and select hotels in upscale and luxury segments,” said Pascal Gauvin, IHG’s managing director for India, the Middle East, and Africa. IHG currently has 26 operating hotels across 8 countries in Africa, among its total of more than 5,600 hotels in more than 100 countries, with more than 1,900 hotels in its development pipeline.
Hyatt Place To Open Its First Hotel in Vietnam
Hyatt Hotels announced that a Hyatt affiliate has entered into a management agreement with an affiliate of Ben Thanh Holdings to develop a Hyatt Place hotel in Ho Chi Minh City in Vietnam. The new 200-key Hyatt Place Saigon Phu Nhuan will be the first Hyatt Place hotel in Vietnam. The hotel will be located in the Phu Nhuan district, considered the geographical center of Ho Chi Minh City. The new hotel will feature 200 guest rooms, a cafe, grab-and-go food market, bar, lobby lounge, outdoor pool, fitness center, and two meeting rooms. Ben Thanh Holdings is a diversified company with experience in Vietnam, owning more than 30 subsidiaries and affiliates operating in various industries. There are more than 325 Hyatt Place locations in Armenia, Australia, Brazil, Canada, Chile, China, Costa Rica, Germany, Honduras, India, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, the Netherlands, United Arab Emirates, U.K., and the U.S.
W Hotels To Open in Bali, Its 2nd Hotel in Indonesia
W Hotels Worldwide, part of Marriott International, announced the signing of W Bali-Ubud, the brand’s newest W Escape. Developed in partnership with Indonesia’s Ruang Teknik Group, this expansion into Ubud marks the second W Hotel in Indonesia, following the opening of W Bali-Seminyak in 2010. The hotel will offer 100 guestrooms, including 10 villas with private swimming pools and an “EWOW” suite (the brand’s take on the traditional presidential suite). W Hotels has more than 50 hotels around the globe, including the recently opened W Dubai-The Palm (February 2019), as well as the soon-to-open W Aspen, W Ibiza, and W Abu Dhabi-Yas Island.
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