Monthly Archives: August 2013

According to the July 2013 STR Global Construction Pipeline Report, the Europe hotel development pipeline comprises 813 hotels totalling 133,797 rooms.

The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the markets in the region, Istanbul, Turkey,.

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Ascott has secured contracts to manage three more properties in China, including its first serviced residence in Hefei.

The 250-unit Somerset Swan Lake Hefei is slated to open in 2017 while the 150-unit Ascott Nanbin Chongqing and 167-unit Somerset Software Park Xiamen are both scheduled to open in 2015.

Somerset Swan Lake Hefei


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ONYX is expanding its new OZO brand outside Thailand. After OZO Hong Kong, the company will open its first property in Malaysia, in the heart of Georgetown. Thailand-based ONYX Hospitality Group has announced a new project under its OZO brand in Penang, Malaysia.  OZO is a new hotel brand created around a core concept, offering less.
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