IHG Hotels & Resorts Expand Luxury Portfolio With Signing Of Vignette Collection At The Heart Of Europe Project In Dubai

The new hotel will be IHG's first Vignette Collection on the World Islands with signing of Marbella Resort.

Dubai, United Arab Emirates, 2nd November 2023: IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a franchise agreement for its second Vignette Collection hotel in Dubai in partnership with The Heart of Europe, the flagship project under Kleindienst Group. Scheduled for a grand opening in January 2026, Marbella Resort Hotel, Vignette Collection The World Islands Dubai, will mark a significant milestone for The Heart of Europe, solidifying IHG’s presence within The World Islands – an archipelago of manmade islands located in the Arabian Gulf, off the coast of Dubai.

The Vignette Collection brand allows owners of world-class independent hotels to retain their distinctive identity while benefitting from IHG’s global scale and luxury and lifestyle expertise.

The upcoming Marbella Resort Hotel, Vignette Collection The World Islands Dubai, is located in ‘The Heart of Europe’, a self-sustaining holiday destination spanning across six islands, each blending European architectural charm with top-tier hospitality, embracing luxury and innovation on shores of tranquil beaches.

The Heart of Europe encompasses a variety of opulent properties, including beachfront villas, premium hotels, an innovative underwater living experience, and an array of top-tier amenities such as climate-controlled streets and the coral institute dedicated to preserving and revitalising the marine ecosystem.

Once completed, Marbella Resort Hotel, Vignette Collection The World Islands Dubai will feature 150 rooms overlooking the Arabian Gulf in a prime location along a pristine beach and crystal-clear sea. True to the Vignette Collection brand, the property will seamlessly merge exclusivity with community and locality and feature a unique Andalusian-inspired design with contemporary architecture.

Haitham Mattar, Managing Director – India, Middle East and Africa, IHG Hotels & Resorts, commented: “We are excited to partner with The Heart of Europe to bring the second Vignette Collection resort to Dubai, a testament to IHG’s commitment to delivering exceptional stays and experiences for our guests. Marbella Resort Hotel, Vignette Collection The World Islands Dubai will significantly reimagine luxury and set future regional hospitality benchmarks. We look forward to welcoming travellers worldwide upon the hotel’s opening in 2026.”

With the property currently under construction, Marbella Resort Hotel, Vignette Collection The World Islands Dubai is expected to become a key proof point in IHG's ambition to create unparalleled guest experiences and set new standards for luxury in the region.

Josef Kleindienst, Founder and Chairman of Kleindienst Group and The Heart of Europe, said: “It is an honour to partner with one of the world’s leading hotel groups to bring the Vignette Collection brand to The World Islands Dubai. This collaboration aligns with our vision of creating a unique destination in one of the world’s most iconic cities, and true to our commitment to excellence, Marbella Resort Hotel, Vignette Collection The World Islands Dubai promises to offer guests a remarkable and distinctive stay, drawing inspiration from the rich cultural heritage of Dubai and presenting a perfect blend of luxury, innovation, and the beauty of the UAE.”

IHG currently operates 108 hotels across eight brands in the Middle East, including InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites, Hotel Indigo, voco and Six Senses.

Accor’s Premium, Midscale & Economy Division Set to Break Record in Number of Signings across Asia

15,000+ KEYS ARE POISED FOR SIGNING BY THE END OF 2023

Accor, the largest international hospitality group in Middle East, Africa & Asia Pacific, is gearing towards a record-breaking year in signings in the Premium, Midscale, and Economy Division across Asia, affirming its strong commitment to the region's dynamic hospitality landscape.

As of September, Accor has already inked management agreements for a total of 42 properties, adding over 11,000 keys to its robust portfolio. The outlook for the remainder of 2023 includes plans to sign an additional 20 projects, bringing an impressive 15,000+ total new keys to the region. As part of this significant growth, the Group is actively focusing on elevating its presence in the Premium segment with its Pullman, Swissôtel, Mövenpick, and Grand Mercure brands, with a substantial 17 hotels signed thus far. Simultaneously, Accor remains steadfast in maintaining its leadership in the Midscale and Economy market, primarily represented by Novotel, Mercure, and ibis brands.

 “Our commitment to the region is evident through our comprehensive growth strategies, setting new benchmarks in terms of both the number of properties and keys signed, alongside the introduction of innovative brands that cater to the diverse needs of the ever-evolving Asian hospitality market. As we continue to ride on this momentum, Accor is undeniably at the forefront of shaping the future of hospitality across the Asia region,” said Garth Simmons, Chief Executive Officer, Premium, Midscale and Economy Division for Accor in Asia.

 New signings include:

 Grand Mercure Bangkok Sukhumvit 68 (Thailand)

Nestled along the bustling Sukhumvit Road, Soi 68, just a mere 200 meters from the Udomsuk BTS station, Grand Mercure Bangkok Sukhumvit will tempt travellers to discover all that Bangkok has to offer.

Boasting an array of amenities, including two restaurants, a bar, a rejuvenating spa, a swimming pool, a fully equipped fitness centre, and five versatile meeting and conference rooms, this hotel ensures guests have every comfort at their fingertips. As a part of the renowned Grand Mercure Hotels & Resorts family, it promises to enchant travellers with its charm and an alluring hotel experience that kindles their spirit of adventure and curiosity.

Grand Mercure Amritsar Airport Road (India) 

The eagerly awaited Grand Mercure hotel in the heart of Amritsar is set to redefine the city's hospitality landscape with 100 spacious rooms, including five suites. Two delightful dining options, as well as an expansive banquet hall, a top-notch spa and fitness center, and a swimming pool complete the guest experience.

Situated in the heart of Amritsar, a city celebrated for its rich cultural heritage and the iconic Golden Temple, the Grand Mercure aims to be a symbol of elegance and comfort. Travelers visiting this vibrant and historically significant city can anticipate a world-class accommodation option that seamlessly combines Accor's modernity with the timeless charm of local Amritsar.

 Pullman Amritsar (India) 

Accor is pleased to announce the signing of its second Pullman property in India. Targeting the new generation of business and leisure travellers. Pullman Amritsar will open its doors in 2027, located in a prime location on a sprawling 9,642-sqm site in the heart of Amritsar. The exquisite hotel will offer 200 well-appointed rooms, three exceptional food and beverage outlets and a magnificent 1,200+ sqm banqueting facility. Additionally, guests will have access to a state-of-the-art fitness centre and spa, alongside a relaxing swimming pool.

Mövenpick Living West Hanoi (Vietnam) 

 Mövenpick Living West Hanoi takes over a 196-room property situated in the heart of Hanoi's new Central Business District. This strategic location offers convenient access to numerous office buildings, making it an ideal choice for business travellers seeking a comfortable and accessible stay. Guests will be able to explore the vibrant city of Hanoi with ease, as the hotel is just a stone's throw away from some of the city's most iconic landmarks, including the Vietnam National Convention Center and My Dinh National Stadium.

The hotel will open in Q4 2024, aiming to deliver a premium experience that aligns perfectly with the long-stay trend, offering spacious rooms and a range of amenities designed to make guests feel at home during their extended visits.

 Novotel Genting Highlands (Malaysia)

Scheduled to open in the fourth quarter of 2031, Novotel Genting Highlands will be a new addition to one of Malaysia's key tourist destinations. The 300-room hotel will be located within the King's Park mixed-use development project in the heart of Genting Highlands, which encompasses over 2 km of street shops, an entertainment hub, an event hall, three distinctive hotels, and upscale residences.

 Novotel Genting Highlands will offer a comprehensive array of amenities, including an all-day dining restaurant, an inviting lobby bar, an exclusive executive lounge, a swimming pool, spa, well-equipped fitness centre, ballroom, multiple state-of-the-art meeting rooms, and a kid's club.

New Hotel Alert | Novotel Singapore on Kitchener offers guests an urban oasis in the heart of Little India

Novotel Hotels, Suites & Resorts is pleased to announce the opening of Novotel Singapore on Kitchener, its latest addition to its portfolio in Singapore. With its brand identity deeply rooted in fostering genuine connections and cherishing life's daily moments, the 543-room property on 181 Kitchener Road is owned by Worldwide Hotels Group, Singapore's largest hotel operator by room numbers and long-standing partner of Accor.

Centrally located in the charismatic precinct of Little India, the hotel embodies the essence of Novotel: a blend of local charm with global standards, alongside convenient accessibility, with the Farrer Park MRT Station a mere 5-minute walk away, the dynamic Central Business District a short 10-minute drive, and the world-renowned Changi Airport only 20 minutes away.

For those with an appetite for retail therapy, Novotel Singapore on Kitchener is a dream come true, with the famed Mustafa Centre located adjacent to the hotel, offering an unparalleled 24-hour shopping odyssey, and City Square Mall across the road, teeming with a plethora of shopping and dining options.

Reflecting Novotel's commitment to enhancing life's balance, the hotel, fresh from a comprehensive refurbishment in 2020, showcases a harmonious fusion of intuitive design, modular spaces, and contemporary aesthetics. Whether a business traveller seeking efficient functionality or a family yearning for spacious comfort, the rooms, ranging from 28 sqm to a lavish 78 sqm, cater to every whim. The gastronomic journey is an affair to remember with CALI, the all-day dining restaurant serving up culinary wonders based on the traditions and styles of the Native American and Mexican heritage. The signature dishes include Spicy Jalapeno Tostada, Slow Cooked Beef Cheek, Chicken Tikka Pizza, and Lava Torte. 

Wellness and rejuvenation stand at the core of Novotel Singapore on Kitchener's offerings, with a tranquil swimming pool and a state-of-the-art gym. 

"At the heart of the pulsating Little India, Novotel Singapore on Kitchener is not just a hotel; it's an experience. An oasis where guests can press pause on their bustling lives, savour a moment, a meal, or a conversation, and seamlessly connect to the city's vibrant tapestry," shares Andrew Lee, the General Manager of Novotel Singapore on Kitchener.

Grand Opening of ibis Yogyakarta International Airport Kulon Progo and Novotel Yogyakarta International Airport Kulon Progo

In a highly anticipated rollout, Yogyakarta's newest hospitality gems, located in the Kulon Progo region, ibis Yogyakarta International Airport Kulon Progo and Novotel Yogyakarta International Airport Kulon Progo, have officially opened their doors to guests. The grand opening celebration today signifies the commencement of full operations, ready to cater to both accommodation and event hosting needs.

Conveniently positioned side by side, the two hotels are strategically located just a brief 5-minute drive from Yogyakarta International Airport and the Airport Train Station, ensuring easy access to Yogyakarta's city center and other tourist destinations. In addition, the hotels' location provides an alternative route to one of Indonesian Super Priority Destinations, Borobudur.

Garth Simmons, Chief Executive Officer of Accor’s Premium, Midscale and Economy Division Asia said, “We are excited to celebrate the grand opening of Novotel and ibis, two esteemed Accor brands, in Yogyakarta, Kulon Progo. Our commitment to providing exceptional service and creating memorable stays is now on full display, offering our guests an unmatched experience from the moment they arrive.”

The Minister of Tourism and Creative Economy Republic of Indonesia, represented by the Director of Financing Access, Anggara Hayun Anujuprana, stated, “The presence of hotels this year is highly opportune, coinciding with the revival of the tourism sector. We have new hotels, conveniently located near the airport. Travelers arriving at Yogyakarta's airport can stop by these hotels and then proceed to various tourist destinations.” Anggara Hayun further emphasized that with the presence of Novotel and ibis, creative economy stakeholders in the vicinity of Kulon Progo can become a vital part of the supply chain for both hotels. Additionally, various destinations like tourist villages can flourish and collaborate, fostering the growth of both tourism and the creative economy."

The Vice Governor of the Special Region of Yogyakarta, represented by the Head of the Regional Infrastructure Development and Development Bureau, Yudi Ismono, expressed, “These hotels are not just hotels to stay, but also gateways to explore the natural beauty and cultural grandeur of Kulon Progo. We believe that the hospitality industry not only provides accommodation but also creates opportunities for development and has a positive impact on the surrounding community.”

The Acting Regent of Kulon Progo, Ni Made Dwipanti Indrayanti, stated, “The location of these hotels is part of our design for the aerotropolis area, which supports the International Airport. We are grateful because the presence of these two hotels means that we have absorbed labor, including from small and medium enterprises (UMKM). Hopefully, this benefits not only the culinary sector but also our crafts. In the future, we hope to collaborate to attract tourists to stay in Kulon Progo, with comprehensive hotel facilities, and to advance the economy, particularly in the Kulon Progo Regency.”

 The Director of PT Lentera Prosper Indo, the owning company of Novotel and ibis Yogyakarta International Airport Kulon Progo, Lawrence Yu, expressed, “Yogyakarta is one of the central destinations for tourism and culture in Indonesia. It is undeniable that the tourism sector is an important means of introducing ourselves to the outside world and helping to provide social and economic benefits. The presence of Novotel and ibis is expected to boost the economy in the Kulon Progo region and its surroundings, promote small and medium enterprises, advance the tourism potential of Kulon Progo, and provide employment opportunities.”

Swissôtel Resort & Spa Çeşme opens its door and welcomes guests to Turkey’s stunning Ilıca Bay

Accor, a world leading hospitality group, is pleased to welcome Swissôtel Resort & Spa Çeşme, located in the heart of Ilıca Bay, Turkey, to its premium brand portfolio. Inspired by the surrounding nature, and the belief that time and travel are true gifts in life, Swissôtel Resort & Spa Çeşme opens its doors on November 1, 2023.

Çeşme's new favorite resort...

Swissôtel Resort & Spa Çeşme, the newest hotel in Ilıca, one of Turkey’s most popular tourist destinations, will provide unique experiences for individuals seeking to rediscover themselves and embark on a relaxing journey. Blending the culture of Çeşme with Swiss hospitality, the resort features 248 comfortable and contemporary rooms, including 18 suites, all equipped with smart technology and thoughtfully designed to offer breathtaking views of the sea and gardens.

Swissôtel Resort & Spa Çeşme stands out for its design inspired by the vitality of Alpine energy and complemented by renowned Swiss service and style. Offering 10 spacious meeting spaces built to meet the needs of any occasion, with decor influenced by the minimalist aesthetic of the Alps, the meeting and event spaces range from 35 sq. to 625 sq. and can accommodate groups of various sizes.

Paul Stevens, Chief Operating Officer, Premium, Midscale & Economy Division, Middle East, Africa & Türkiye at Accor, said: "We are pleased to add Swissôtel Resort & Spa Çeşme to the Accor portfolio while strengthening Swissôtel’s presence in Turkey with this fourth property. The captivating bay in Ilıca sets the stage for a serene escape where guests can recharge and experience Swiss vitality, blended with Turkish hospitality, amidst this beachfront destination.”

"We are redefining relaxation and comfort by offering a truly enriching vacation experience." Bilal Dilek, Deputy Chairman of the Board of Directors of Dilek Holding, said: "Swissôtel Resort & Spa Çeşme is a project that has been designed befitting the unique beauty of Çeşme and completed with our conviction that the opening of the hotel will add a distinctive flair to the destination. Our holding is committed to the mission of investing in a better future by protecting nature with our purposeful approach to sustainability and quality service policy, and we are delighted to invest in such a rewarding project that gives back to our community. With its magnificent views, stylish rooms and food and beverage offerings, Swissôtel Resort & Spa Çeşme ensures guests have a refined experience that is one of a kind. We are delighted to welcome our guests as we anticipate great demand throughout the year.”

Hyatt is on Track to Double its Brand Footprint in Canada by 2026

Hyatt Hotels Corporation (“Hyatt”) (NYSE: H) is positioned to double Hyatt’s brand footprint in Canada by the end of 2026, with more than 20 executed managed and franchised agreements across its distinct brands. As Hyatt continues to build industry-leading net rooms growth globally, this strategic and intentional growth in Canada reflects Hyatt’s focus on listening and developing in destinations that matter most to guests, World of Hyatt members and owners.  

With nearly 20 hotels currently open in Canada, Hyatt expects to have an additional 23 hotels open and operating by the end of 2026, doubling Hyatt’s Canadian brand footprint, and further expanding compelling guest and member experiences for World of Hyatt, one of the industry’s fastest growing loyalty programs. This significant expansion includes newly announced deals for luxury and lifestyle hotels including the second hotel in Canada within The Unbound Collection by Hyatt brand. The hotel will be located in Ontario wine country and will join Spirit Ridge located in the beautiful Okanagan Valley wine country. Other upcoming properties include:

  • Hyatt Centric Winnipeg Downtown (2025) is expected to be the second Hyatt Centric hotel in Canada and will be in the heart of downtown Winnipeg, home to a vibrant arts and music scene, world-class museums, and stunning outdoor attractions. The lifestyle hotel will offer 140 modern guestrooms and suites, approximately 1,200 square feet of meeting space, a signature restaurant and bar and an open concept lobby that will capture the local spirit and inspire guests to get out and explore. The property is owned and will be operated by The Kothari Group.

  • Hyatt Centric Victoria – Old Town (2026), will be the first Hyatt branded hotel in Victoria, British Columbia and will join Hyatt’s growing Boundless Collection portfolio in Canada. Centrally located in Old Town Victoria, home to Canada’s oldest Chinatown and known for its historic brick buildings and walkable streets, the hotel will offer 135 rooms and suites, and dynamic food and beverage options including a restaurant, bar, lounge, and coffee shop. The property is owned by Chard Development Ltd.

“Hyatt is focused on accelerating brand growth and momentum in meaningful ways with several planned openings to meet every stay occasion in sought-after destinations coast-to-coast across Canada,” said Scott Richer, vice president of development and owner relations for Canada, Hyatt. “In 2022, Hyatt established a cross-functional corporate team dedicated to Canada, which enables us to continue growing Hyatt's brand presence across the country with new and existing owners, to bring these — and more — exciting projects to life." 

Portfolio Growth Includes Several New Leisure & Tertiary Markets for Hyatt

Hyatt’s commitment to growing its brands in Canada will offer guests a portfolio of hotels designed to provide memorable and engaging guest experiences. By the end of 2026, Hyatt expects to have an established brand presence in several sought-after leisure markets that currently do not have a Hyatt hotel including:

  • Hyatt House Port Elgin (2026) will be located in close proximity to some of the most idyllic sandy beaches on Lake Huron.

  • Hyatt Place Whitehorse (2025) will provide the ideal home base for adventurers looking to explore the vast and breathtaking Yukon wilderness.

New Airport Locations Planned Coast-to-Coast

Hyatt is expanding its brand footprint at some of Canada’s busiest airports with elevated experiences including free breakfast for guests and 24/7 conveniences that are attractive to both leisure and business travelers:

  • Hyatt Place Montreal - Trudeau International Airport (2025)

  • Hyatt Place Toronto International Airport (2025)

  • Hyatt House Toronto International Airport (2026)

  • Hyatt Place Mississauga – Airport Corporate Centre (2024)

  • Hyatt House Mississauga – Airport Corporate Centre (2024)

  • Hyatt Place Vancouver International Airport (2026)

  • Hyatt House Vancouver International Airport (2026)

Recently Opened Hyatt Hotels in Canada

Hyatt's impressive Canadian pipeline will join several hotels that opened in Canada over the past years, across Hyatt’s diverse brand portfolio including:

Burgrill and Goila Butter Chicken Join Forces to Create an Unforgettable Culinary Fusion

New Delhi, 2023– Two culinary giants are coming together to redefine the dining experience with a groundbreaking collaboration that will tantalize your taste buds. Burgrill, known for its mouthwatering burgers, is teaming up with Celebrity Chef Saransh Goila, the visionary behind Goila Butter Chicken, to introduce two extraordinary creations that bring the iconic flavors of butter chicken and butter paneer to the world of burgers.

This collaboration is set to revolutionize the way you think about burgers. Chef Saransh Goila's iconic Makhani Gravy and Burgrill's burger expertise come together to create a fusion that will leave you craving for more. These offerings are priced at Rs. 299, providing an affordable way to savor the extraordinary.

Introducing the Goila Butter Chicken Burger (Rs. 299) and Goila Butter Paneer Burger (Rs. 299) – a marriage of Indian culinary traditions with the timeless delight of a classic burger.

Goila Butter Chicken Burger: Picture this: a crispy, spiced patty infused with a top-secret tandoori marinade that's both creamy and smoky, topped with chatpata masala onions, all perfectly nestled between the freshest buns in town. But the real magic happens when you dip this masterpiece into the luscious Goila’s Butter Chicken Gravy – it's a flavor explosion like no other.

Goila Butter Paneer Burger: For those who prefer paneer, the Goila Butter Paneer Burger offers a crispy, spiced paneer patty with the same secret tandoori marinade, zesty masala onions, and fresh buns. The true wonder unfolds when you dip it into the Lip Smacking Goila Butter Gravy, where rich, creamy, and flavorful goodness takes over your senses.

"We are excited to join forces with Chef Saransh Goila to bring something truly unique to our customers," said Ankur Madan, Co-Founder, Burgrill India. "The Goila Butter Chicken and Butter Paneer Burgers are a testament to the fusion of flavors and culinary innovation. We can't wait for our customers to experience the magic of these creations."

Chef Saransh Goila expressed his excitement about the collaboration with Burgrill, saying, "Joining forces with Burgrill to create the Goila Butter Chicken and Butter Paneer Burgers has been an incredible journey. It's a perfect blend of flavors and innovation that brings a piece of India to the world of burgers. We can't wait for everyone to experience this unique fusion of culinary delights."

The Goila Butter Chicken and Goila Butter Paneer Burgers are available at all Burgrill locations starting October 25th. Don't miss the opportunity to indulge in this one-of-a-kind dining experience that marries the best of Indian cuisine with the beloved burger.


Accor | Third-quarter 2023 revenue of €1,286 million up 13% like-for-like

REVPAR UP 15% COMPARED WITH Q3 2022

UPGRADED REVPAR GROWTH GUIDANCE FOR 2023

EBITDA EXPECTED TO IMPROVE AT BETWEEN €955 MILLION AND €985 MILLION

Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said:

“The Group’s strong performance during the quarter illustrates once again the strength of business momentum in all of our markets, notably in Asia, and for the brands in our two segments: Premium, Midscale and Economy, on the one hand, and Luxury and Lifestyle on the other. For Accor, this is the 6th consecutive quarter of growth since the return to post-pandemic business levels. These positive trends and our strict financial and operational discipline enable us, once again, to raise our RevPAR and EBITDA guidance for the year."

Hotel demand remained very strong throughout Q3 with RevPAR up 15% compared with prior year despite a very high comparable basis (RevPAR in Q3 2022 was up 14% compared with Q3 2019).

The underlying dynamics observed in previous quarters remained constant, with average price still high and a marked improvement in the occupancy rate which slightly lags the level of 2019.

All regions and segments contributed through solid operating performances, even if the first signs of normalization of activity growth are materializing after several quarters of intense recovery.

In third-quarter 2023, Accor opened 73 hotels, for around 9,200 rooms, and has thus achieved net unit growth of 3% over the last 12 months. At end-September 2023, the Group had a hotel portfolio of 812,425 rooms (5,537 hotels) and a pipeline of around 219,000 rooms (1,273 hotels).

For 2023, the Group is confirming its forecast of net unit growth in the network between 2% and 3%.

Hyatt Reports Third Quarter 2023 Results

New Record Total Fee Revenue of $250 Million Pipeline Expands to New High of 123,000 Rooms

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported third quarter 2023 financial results. Highlights include:

  • Net Income was $68 million in the third quarter of 2023 compared to $28 million in the third quarter of 2022. Adjusted net income was $75 million in the third quarter of 2023 compared to $72 million in the third quarter of 2022.

  • Diluted EPS was $0.63 in the third quarter of 2023 compared to $0.25 in the third quarter of 2022. Adjusted Diluted EPS was $0.70 in the third quarter of 2023 compared to $0.64 in the third quarter of 2022.

  • Adjusted EBITDA was $247 million in the third quarter of 2023 compared to $252 million in the third quarter of 2022.

    • Adjusted EBITDA does not include Net Deferrals and Net Financed Contracts of $35 million1 in the third quarter of 2023, and Net Deferrals and Net Financed Contracts of $43 million1 in the third quarter of 2022.

  • Comparable system-wide RevPAR increased 8.9% in the third quarter of 2023 compared to 2022.

  • Comparable owned and leased hotels RevPAR increased 6.3% in the third quarter of 2023 compared to 2022. Comparable owned and leased hotels operating margins were 23.5% in the third quarter of 2023.

  • Comparable All-inclusive Net Package RevPAR increased 8.6% in the third quarter of 2023 compared to 2022.

  • Net Rooms Growth was approximately 6.2% in the third quarter of 2023.

  • Pipeline of executed management or franchise contracts was approximately 123,000 rooms.

  • Share Repurchases were approximately 1.25 million Class A shares for $144 million in the third quarter of 2023.

Marriott International Reports Third Quarter 2023 Results

Third quarter 2023 comparable systemwide constant dollar RevPAR increased 8.8 percent worldwide, 4.3 percent in the U.S. & Canada, and 21.8 percent in international markets, compared to the 2022 third quarter;

  • Third quarter reported diluted EPS totaled $2.51, compared to reported diluted EPS of $1.94 in the year-ago quarter. Third quarter adjusted diluted EPS totaled $2.11, compared to third quarter 2022 adjusted diluted EPS of $1.69;

  • Third quarter reported net income totaled $752 million, compared to reported net income of $630 million in the year-ago quarter. Third quarter adjusted net income totaled $634 million, compared to third quarter 2022 adjusted net income of $551 million;

  • Adjusted EBITDA totaled $1,142 million in the 2023 third quarter, compared to third quarter 2022 adjusted EBITDA of $985 million;

  • The company added approximately 17,200 rooms globally during the third quarter, including roughly 13,000 rooms in international markets and more than 4,900 conversion rooms;

  • At the end of the quarter, Marriott’s worldwide development pipeline totaled more than 3,200 properties and nearly 557,000 rooms, including roughly 40,300 of pipeline rooms approved, but not yet subject to signed contracts. Approximately 238,000 rooms in the pipeline were under construction as of the end of the third quarter;

  • Marriott repurchased 4.8 million shares of common stock for $950 million during the third quarter. Year to date through October 31, the company has returned $3.7 billion to shareholders through dividends and share repurchases.

NOVOTEL JAIPUR CONVENTION CENTRE OPENS ITS DOORS TO WELCOME GUESTS IN THE PINK CITY

Presenting a ‘Space for Spectacular’, the 226 Keys hotel, along with an ultra-grand convention venue, is all set to redefine the bleisure sector in the country

Accor, a global hospitality leader, is pleased to announce the launch of its 24th Novotel property in India, with the opening of Novotel Jaipur Convention Centre (NJCC), which is set to redefine Indian hospitality and become the preferred destination for both global business and leisure travelers alike.

The hotel's proximity to the Jaipur Exhibition & Convention Centre (JECC), is renowned as South Asia's premier purpose-built, state-of-the-art venue for exhibitions, conventions, and entertainment. A significant expansion in Accor's capacity for hosting MICE (Meetings, Incentives, Conferences, and Exhibitions) events. This strategic alignment enhances Accor's ability to cater to the needs of business and conference travelers, offering them a comprehensive solution that combines high-quality accommodations with world-class event facilities.

Novotel Jaipur Convention Centre broads 226 modern, well-appointed rooms, catering to the diverse needs of every guest. The rooms offer essential amenities and a tranquil hospitality experience with the best-in-class service for its guests. Conveniently located near Jaipur International Airport, the hotel provides quick access to key tourist sites and commercial hubs. The hotel and exhibition centre spreads over an area of 42 acres with South Asia's leading pillar-less exhibitions-convention-entertainment facilities. It has 13 breakout meeting rooms, a VIP Lounge, 2 Green Rooms and a Grand Ball Room with modern technology with 740 retractable auditorium-style seats, making it ideal for conferences, exhibitions, gatherings, and weddings. With its enchanting 70,000 sq. ft. lawn, Novotel Jaipur Convention Centre offers an exquisite venue for celebrations and special events, adding a touch of elegance to any occasion.

 “We are thrilled to announce the grand opening of the Novotel Jaipur Convention Centre in the vibrant city of Jaipur. This latest addition to our portfolio in India strengthens our commitment to delivering cutting-edge amenities and services. The Jaipur Exhibition Convention Centre represents a valuable expansion that is poised to fuel the growth of the Accor in India, further solidifying our position as a leading provider of large-scale exhibition and convention venues in the country.” said Mr. Puneet Dhawan, South Asia’s Vice-President Operations, Accor in India.

“The opening of this beautiful property is a harmonious combination of contemporary design and world-class event facilities, marking a new and exciting journey for Novotel in the Pink City.  With a strategic location, we will be truly a one-stop destination for world-class exhibitions, conferences, and events. The property provides heartfelt service, comfortable yet stylish accommodations and shared spaces in a relaxing and friendly atmosphere.” said Manuj Ralhan, General Manager of Novotel Jaipur Convention Centre & Jaipur Exhibition Convention Centre. “We are thrilled to welcome guests to experience the unparalleled hospitality at Novotel Jaipur Convention Centre.”

Novotel Jaipur Convention Centre invites guests to savour a diverse and delightful dining experience, offering three distinct dining venues, each promising a unique and memorable encounter with the cuisine. Food Exchange, the multi-cuisine restaurant, has two exclusive open kitchens, harmoniously blending global and local flavours in a stylish setting that encourages social interactions. For a more intimate atmosphere, Ravanta provides intimate dining by the pool amidst a musical ambiance. Meanwhile, the Gourmet Bar provides a casual and friendly space for enjoying trendy drinks, balanced meals, and coffee, perfect for unwinding at the bar.

Jaipur Exhibition & Convention Centre (JECC) has 2 large pillar-less exhibition halls, with an area of 1,06,347 sq. ft. each and a 43-feet high ceiling connected through a common entrance plaza with an extensive Pre-Function area, large open spaces, and a food court, further offering 22 acres of open space to host outdoor entertainment events. The exhibition centre has a parking space, that can accommodate up to 2,000 coaches or 5,000 cars, providing an ideal space for an array of events, including exhibitions, conferences, corporate meetings, entertainment events, seminars, banquets, and social gatherings.

“We are pleased to partner with Accor to manage and operate NJCC and JECC. Their expertise and global reach will act as a catalyst to put Jaipur on the International map and provide impetus to the hospitality sector in the state” said Mr. Harimohan Dangayach, Chairman, Dangayach Group. 

“NJCC and JECC have the leading exhibition and convention space equipped with state-of-the-art infrastructure in South Asia to conduct large events. We hope the partnership with Accor will help us leverage the full potential of this infrastructure” added Mr. Pramod Kumar Agarwal, Chairman, Derewala Group.

Novotel Jaipur Convention Centre is part of ALL - Accor Live Limitless, a daily Lifestyle companion. ALL delivers meaningful experiences and rewards to its members while enabling them to work live, and play, far beyond their stay, at home and around the world. In addition to rewarding experiences, members of ALL - Accor Live Limitless can earn Rewards Points on every stay or dining experience at participating properties. These points can be redeemed for free nights at participating hotels, transferred to partners worldwide, or converted into unforgettable moments through Limitless Experiences such as concerts, sports matches and special dinner events.

IHG adds 350-keys to its Punjab portfolio with a dual hotel signing

The signing will see the debut of Crowne Plaza in Punjab and the expansion of Holiday Inn brand in Zirakpur Both hotels will add 100,000 sq. ft of meeting space to capture MICE opportunities

IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with NK Sharma Hospitality Pvt Ltd to develop two new hotels in the Chandigarh tri-city area - Crowne Plaza Chandigarh Zirakpur in the premium segment and Holiday Inn & Suites Chandigarh Zirakpur from the essentials collection. Currently under construction, both hotels are scheduled to open in January 2027.

Complementing Holiday Inn Chandigarh Panchkula and Holiday Inn Chandigarh Zirakpur, the dual signing will strengthen IHG’s offerings in Punjab and add over 350 keys to the company’s portfolio in the state. Forming a cluster in Zirakpur, the new hotels will be strategically located adjacent to National Highway 22, one of the busiest highways in India, attracting travellers from nearby cities and towns.

Once opened, both Crowne Plaza Chandigarh Zirakpur and Holiday Inn & Suites Chandigarh Zirakpur will be positioned amongst the large banqueting facilities, with approximately 100,000 sq ft of meeting space, poised to meet the high demand for weddings, conferences, and events from Zirakpur, Chandigarh, Mohali, Panchkula and Dera Bassi. Situated in close proximity to Himachal Pradesh, Haryana, and Uttarakhand, the hotels will tap into guests seeking ideal stopovers for travelers on leisure trips

Commenting on the signings, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts said, “We are thrilled to expand our mainstream offering with another Holiday Inn hotel in Punjab in the vibrant locale of Zirakpur, and to introduce Crowne Plaza Chandigarh Zirakpur, alongside our longstanding partners NK Sharma Hospitality Pvt Ltd. The hotels’ strategic location along the NH22 and their easy accessibility to popular leisure destinations like Shimla and Kasauli will undoubtedly prove to be a significant draw for travelers across segments, both leisure and business.

He added, “IHG has been increasingly focusing on emerging markets in India, and the addition of two new hotels to the burgeoning tri-city area of Chandigarh, Panchkula, and Zirakpur will enable us to cater to the growing demand of quality accommodation in this dynamic region.”

NK Sharma, Managing Director at NK Sharma Hospitality Pvt Ltd. added, “We are delighted to further strengthen our partnership with IHG Hotels & Resorts through the expansion of Holiday Inn & Suites and to debut Crowne Plaza in Punjab. Building upon the success of Holiday Inn Chandigarh Panchkula, we have confidence that our partnership will prove to be fruitful, dedicated to providing top-quality hospitality to our guests. We look forward to harnessing the benefits of IHG’s global systems and robust loyalty program to maximize our mutual success.”

Crowne Plaza Chandigarh Zirakpur

Crowne Plaza Chandigarh Zirakpur will feature 150 keys and four F&B outlets including an all-day dining, specialty restaurant, a lobby lounge and bar. Alongside premium rooms, the hotel will also include meeting spaces across 9 venues including a ballroom for special events. Other facilities to relax and unwind include a Club Lounge, Pool, Fitness Centre, Spa and Retail.

With easy access to the National Highway, Crowne Plaza Chandigarh Zirakpur will be a popular choice for guests looking for premium accommodation during business or leisure travels. 

Holiday Inn & Suites Chandigarh Zirakpur

The upcoming 200-keys hotel will feature three F&B outlets including an all-day dining, bar, and a lobby lounge. To cater to MICE demands, the hotel will be equipped with 3 meeting rooms including a ballroom. The property will also feature a pool and a fitness centre. Holiday Inn & Suites Chandigarh Zirakpur will attract business and leisure travellers looking for comfortable and convenient accommodation.

Zest: Where Culinary Brilliance Comes With Personalized Excellence

Banglore, 2023 - The bespoke catering arm of Zest excels in turning dreams into celebrations and making celebrations unforgettable. As we approach the festive season, Zest emerges as the perfect caterer for crafting memorable moments that resonate with the joy and spirit of the occasion.

At Zest, a food-forward experiential segment of Embassy Leisure, we strive to do exactly the

same. Curated by seasoned professionals from across different fields, The acute sense of understanding and the exceptional ability to turn whims into a liveable moment is what lends Zest its distinct character as a bespoke culinary experiential arm that is slowly but surely reshaping the landscape of event planning and Food and beverage Experiences.

Made of a posy of veteran hoteliers, top-of-the-line chefs, meticulous planners, and brilliant

strategizes, Zest’s hallmark is its meticulously planned setups, inventive menus made with

ethically sourced produce, and an outstanding ability to put together an experiential

theater, irrespective of the region. Among the few to offer the formal white-glove service,

Zest prides itself in being the single umbrella to host the perfect event for any occasion,

tailormade to one’s thoughts and core beliefs. One of the many reasons that in its few years

of existence, Zest has become synonymous with “events extraordinaire.”

Talking about the journey of Zest and its spirit, Culinary Director Chef Vikas Seth says, “As

the curator of some of the finest experiential brands in the city, we are known for our

defining core values: first, the unbreakable spirit of getting the finest of experience, and

two, the sheer want to create memorable moments. And those are the two pillars on which

Zest, one of our culinary futuristic brands, is built on. Here we strive to get the finest there is

to life: be it the beauty, the food, or the ambience that can make one not only live but feel

the “spirit of life”. The best part, is we do so in the most subtle fashion – much like the zest

of a fruit that transforms a dessert into an unforgettable indulgence.”

Presently, Zest has been catering to an established network of connections and

recommendations through prior event successes. But with our venture’s development

phase graduating to its next step, Zest aims to target a diverse portfolio of audiences,

catering to destination weddings, bespoke events, HNI clientele, and large corporate

Gatherings.

Thus, beginning the new age of eco-concietous bespoke catering and event planning.

Grand Opening of ‘The Garden’ by Fairfield by Marriott Mumbai: A Dream Venue for Memorable Celebrations.

Fairfield by Marriott Mumbai International Airport has unveiled their stunning wedding lawn 'The Gardens' an exquisite venue for celebrating the most cherished moments of your life.

The grand launch event was attended by a diverse group of people, including wedding planners, event planners and prominent figures from the tv and film industry.

Rafiq Balwa, Executive Director and Vice President of Balwa Group graced the event.

Ajoy Balkrishna, Vice President, Balwa Group, spoke on the launch, “We are excited to bring this perfectly manicured and 15000 + square feet lawns which has its own full-fledged kitchen and other utilities.

The launch was graced by well-known actor Anjali Anand. Talking about the Gardens, Anjali said, "It's a perfect venue for weddings and many other events and I am happy to be gracing the launch today."

The attendees at the event appeared to have a wonderful time savoring a thoughtfully designed menu that delighted their palates. They were kept entertained by live music, adding to the overall enjoyment of the gathering. Event was hosted by celebrity host Pritee Kathpal. It seems like it was a memorable and enjoyable occasion for all who were present.

The Gardens which is located adjoining the hotel which is strategically positioned close to the Mumbai International Airport and with Shaadi by Marriott pedigree becomes an ideal place to host weddings and events of 500 - 1000 pax and beyond. 

Whether you're planning a romantic, intimate ceremony or a grand, lavish affair, The Gardens' versatile space can be customized to reflect your personal style, from traditional to contemporary, ensuring your dream wedding comes true.

Experience the Unmatched Flavors of Bangalore's Exclusive Gifting Collection with The Ritz-Carlton, Bangalore


Indulge in the Timeless Harmony of Traditional Ingredients and Opulence with the ‘Luxe Diwali Ensemble' - A Collection Crafted with Meticulous Care and Precision

As the eagerly anticipated festivities approach, The Ritz-Carlton, Bangalore takes immense pleasure in presenting its exclusive gifting collection - " Luxe Diwali Ensemble ". This collection represents a true masterpiece, a testament to the hotel's unwavering commitment to curating an exceptional assortment, including the Conscious Gifting Collection and Luxury Hamper Collection. These collections are a testament to those seeking to bestow unique and unforgettable gifts during this joyous season. To elevate this experience further, we proudly feature the exclusive Manish Malhotra collection, adding an extra layer of opulence and sophistication to your Diwali and holiday gifting endeavors.

The Conscious Collection extends an invitation to explore sustainable and wellness options, thoughtfully divided into four distinct categories. Each category is meticulously crafted to enhance one's well-being, blending tradition and responsibility, ushering in a greener, more conscious celebration.



Le Méridien Phuket Mai Khao Beach Resort Opens Its Doors

Le Méridien Phuket Mai Khao Beach Resort Introduces European Style & Sophistication to Phuket’s Serene Sunset Coast


Nestled on the soft sands of Mai Khao Beach on the island's northwest shore, this chic resort invites couples, families and groups to explore the wonders of Southern Thailand

Le Méridien Hotels & Resorts, part of Marriott Bonvoy’s global portfolio of 31 extraordinary hotel brands, proudly announces the opening of Le Méridien Phuket Mai Khao Beach Resort, which introduces a new era of culturally-infused hospitality to Phuket’s stunning sunset coast. Nestled in the golden sands of Mai Khao Beach and surrounded by the natural beauty of Sirinat National Park, the resort provides a serene tropical hideaway for guests to unwind in style.

“We are delighted to start welcoming guests to Le Méridien Phuket Mai Khao Beach Resort, as we continue to introduce our industry-leading brands to Thailand’s most desirable destinations. With its stunning seafront location and outstanding facilities for couples, families and out-of-town events, this sophisticated resort is set to become a popular choice for domestic and international travellers who want to discover a different side of this popular island,” said Jakob Helgen, Area Vice President – Thailand, Vietnam, Cambodia & Myanmar, Marriott International.

Following a refurbishment and a rebranding inspired by the era of glamorous travel, Le Méridien Phuket Mai Khao Beach Resort features 244 bright and inviting rooms and suites. Room types range from 41 to 110 square metres in size and are designed in a contemporary local style, with a balcony or terrace in every room and views of the gardens, pool or sea. A selection of family rooms with bunk beds are available, and the newly-reimagined resort has also introduced brand-new pool access rooms, private cabana rooms, two-bedroom suites and private pool suites.

The resort features an outdoor lagoon pool, a children’s fun pool, a kids’ club and plenty of outdoor activities. Travellers will also have direct access to Mai Khao Beach, which set the stage for beachfront yoga and water sports such as paddle-boarding and kayaking. After a fun-filled day, the beach serves as the perfect spot to sit back and admire the evocative Andaman sunsets.

Throughout their stay, guests can grab light bites, cool drinks and locally-inspired snacks at The Nook, the resort’s casual café, while Ocean Kitchen is the signature Mediterranean restaurant where guests can savour an appetizing selection of freshly-prepared European and Middle Eastern cuisine, including prime grilled meats, fresh seafood, wood-fired pizzas and healthy dishes, accompanied with craft and draft beers, fine wines, creative cocktails, tropical juices and more.

Le Méridien Phuket Mai Khao Beach Resort also offers a range of event spaces including a 214.5-sqm ballroom, which can be transformed into three smaller meeting spaces, with two additional intimate spaces, all of which are equipped with cutting-edge facilities. 

“I am delighted to welcome the world to Le Méridien Phuket Mai Khao Beach Resort. Blissfully secluded yet easily accessible, this is a destination that will immerse guests in a world of natural beauty and cultural charm. From our sensitive design philosophy, which highlights Phuket’s heart and soul, to our curated experiences, we hope to surround visitors with the authentic spirit of Phuket. By incorporating eco-friendly solutions, including rooftop solar panels to power the property, we are also helping to create a sustainable future for this idyllic island,” said the resort’s General Manager, Ms. Jirarat Ninpadub. 

Nestled on a secluded stretch of Phuket's northwest coast, overlooking the azure Andaman Sea, Mai Khao Beach is an exceptional destination for guests who want to step off the beaten track and explore the natural beauty of Phuket. Sirinat National Park is just moments away and Phuket International Airport can be reached in only 15 minutes. 

To celebrate its launch, Le Méridien Phuket Mai Khao Beach Resort has revealed its Dine + Unwind package, an exclusive offer that showcases Phuket’s culinary and cultural wonders. Priced from just THB 6,350 (EUR 166, USD 175, AUD 276) per room per night, this package includes two welcome drinks, daily breakfast for two, set lunch or dinner for two, one complimentary resort activity, and an Art Programme comprising two tickets to the Peranakan Museum. Guests will also enjoy a 10% discount at all F&B outlets. 

And that’s not all! For families, children aged 4 and under eat for free, and kids aged 4-12 years old enjoy a 50% discount. An extra bed for a child (4-12 years) is available for just THB 950 per night, and all young guests will be inspired by Le Méridien Family Programme, including a special welcome amenity. Entry to the Peranakan Museum is free-of-charge for children.


About Le Méridien Phuket Mai Khao Beach Resort

Nestled directly on the soft sands of Phuket’s Mai Khao Beach, overlooking the Andaman Sea and surrounded by Sirinat National Park, Le Méridien Phuket Mai Khao Beach Resort is a haven of tranquility. The resort features 244 rooms & suites, including pool access rooms, private cabana rooms, and private pool suites. Ideal for couples and families alike, the resort's facilities include a lagoon pool, children’s pool, kids’ club and plenty of activities, such as yoga, water sports, cooking classes and local area excursions. Dining options include The Nook, a casual café, and Ocean Kitchen, the signature Mediterranean restaurant. Phuket International Airport is just 15 minutes’ drive away.


About Narai Hospitality Group

With over 50 years of expertise in the hospitality industry, Narai Hospitality Group has established itself as a leading developer and operator of outstanding properties. The group's portfolio includes the renowned 'Narai Hotel,' a longstanding establishment, as well as the trendy 'Lub d' brand with properties across Thailand and Southeast Asia. Additionally, Narai Hospitality Group has introduced the new casual-luxury brand Marasca. The group also boasts hotel investments in Japan, Australia, New Zealand, and the United Kingdom, along with management platforms in Europe.

Notably, the iconic Narai Hotel is currently undergoing a major renovation, set to transform it into an exciting landmark situated in the heart of Bangkok's Silom Road.




Cenizaro Hotels & Resorts Unveils The Residence Douz

Opening its doors in October 2023, The Residence Douz is Cenizaro Hotels & Resorts’ first desert resort and the brand’s second opening in Tunisia. Serving as a gateway to the Sahara, surrounded by glistening golden sands and swaying palms, the serene retreat comprises of 50 elegant villas, two gourmet restaurants and a sprawling Spa by Clarins, all set within 14 hectares of rolling dunes.

Located in southern Tunisia, the luxury resort provides an otherworldly escape for travellers seeking an oasis of comfort and seclusion. Set within an intimate palm oasis, the encampment seamlessly combines modern luxuries with timeless elegance, inviting guests to dream peacefully under a sky full of stars and detach from the outside world. Referencing local design and aesthetics, villas and communal areas incorporate artwork from emerging Tunisian painters and sculptors, hand-woven carpets and private terraces. Take a dip in the expansive pool before whiling away the afternoon on plush sun loungers, with refreshing beverages and sumptuous snacks served poolside to quench appetites.

With a number of UNESCO World Heritage Sites to explore, guests are encouraged to venture outside the resort by jeep, camel or quadbike and fully immerse themselves in the destination. Guest ambassadors are on hand to arrange a variety of excursions, from day trips to the village of Matmata, famed for its troglodyte houses which once played the home of Luke Skywalker in Star Wars, to a luxury camping experience in Tembaine. Travel across dunes in 4x4s and pass through Jebil Park to spot protected Saharan species from gazelles to reptile, before arriving at camp for sunset to gather around the fire and dine under the stars. Another must-visit site is Tamerza, an abandoned village that overlooks a mesmerising mountainscape, complete with towering waterfall and canyon which guests can wander through during a full-day excursion. This includes a tour of a former Berber fortress, Ksar

Hyatt Adds Hotels in New Markets with Hyatt Place and Hyatt House Openings Across the U.S.

 Hyatt Hotels Corporation (NYSE: H) announced the continued strategic growth of the Hyatt Place and Hyatt House brands throughout 2023. This growth includes expanding the brand’s footprint in the U.S. in new markets where there are no Hyatt hotels and the thoughtful expansion of airport locations in key markets.

Today’s news comes on the heels of Hyatt announcing significant progress in the development of the Hyatt Studios brand, the latest select service brand in the Hyatt portfolio, including executed franchise agreements for the first locations in Mobile, Ala. and Marysville, Calif., emphasizing Hyatt’s strategy of adding hotels in untapped markets where its brand presence is yet to be established; groundbreaking for the Mobile, Ala. location is slated for Q4 2023.

“As part of Hyatt’s commitment to listen to our owners and take action on their feedback, Hyatt continues to identify white space in sought-after markets,” said Jim Tierney, senior vice president, development and owner relations, Hyatt. “Based on our intentional growth strategy, we focus on growing in new markets and expanding our base with new developers and owners without creating intra-brand competition.”

Hyatt’s pipeline of select service brands is the fastest growing segment of Hyatt’s portfolio in the U.S., as Hyatt continues to lead the industry on a global scale with six years of industry leading net rooms growth. In 2023, as part of the Hyatt Place and Hyatt House brands expansion in the U.S., Hyatt will welcome 14 new owners to the Hyatt family and expand existing Hyatt portfolios for five owners. This underscores Hyatt’s focus on delivering value and ensuring a strong return on investment across all Hyatt hotels.

By the end of 2023, Hyatt expects to have an established hotel presence in U.S. markets that currently do not have a Hyatt hotel located within five miles, including:

Hyatt Place Albany (N.Y.)

Hyatt Place Flagstaff (Ariz.)

Hyatt Place Munster (Ind.)

Hyatt Place Newark / Main Street (Del.)

Hyatt Place St. Augustine / Vilano Beach (Fla.)

Additional growth for the company includes the entry of the Hyatt House brand in the following markets:

Hyatt House Bentonville / Rogers (Ark.)

Hyatt House Colorado Springs Airport (Colo.)

Hyatt House Lansing / University Area Lansing (Mich.)

Hyatt House Mall of America / MSP Airport (Minn.)

Hyatt House Vacaville (Calif.)

Marriott International Signs Agreement with Pt. Pakuwon Jati Tbk. to Build Three Properties in Indonesia’s New Capital City

Marriott International Signs Agreement with Pt. Pakuwon Jati Tbk. to Build Three Properties in Indonesia’s New Capital City

Marriott International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara. The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk. Alexander Tedja.

“We are thrilled to be working with PT. Pakuwon Jati Tbk. on this landmark agreement,” said Ramesh Jackson, Area Vice President, Indonesia and Malaysia, Marriott International. “This milestone signing underscores our commitment to strategically expand our footprint in Indonesia, and we are pleased to also support the local government’s efforts to accelerate the country's economic transformation especially with the designation of Indonesia’s new capital city in Nusantara.”

Meaning “archipelago” in ancient Javanese, Nusantara is a symbol of national identity and planned as a smart forest city, in line with Indonesia’s commitment to achieve zero carbon emissions and 100% new and renewable energy by 2060. With the agreement, Marriott expects to debut three brands – Four Points by Sheraton, Westin Hotels & Resorts and Tribute Portfolio – in the highly anticipated destination, featuring transformational experiences and destination-rooted authenticity.

“We are excited to partner with Marriott International for this historic project,” said Alexander Tedja, President Commissioner of PT. Pakuwon Jati Tbk. “We are certain that through this project, we will inspire travelers to embark on new journeys to Indonesia’s new capital city.”


Four Points by Sheraton in Nusantara

Slated to be the first of these three openings, the property is expected to boast 300 rooms with facilities that ranges from an outdoor pool, function spaces with natural daylight and a gym with state-of-the-art equipment. Designed for the smart independent traveler, Four Points offers a casual and relaxed ambiance where classic and industrial elements meet modern design, creating spaces that are sophisticated and carefree in character.


The Westin in Nusantara

The Westin in Nusantara is anticipated to have 200 rooms and suites featuring the brand’s iconic Heavenly® Bed. Plans also call for three restaurants, three bars & lounges, function spaces, meeting rooms, swimming pool, WestinWORKOUT ® Fitness Studio, Heavenly Spa by Westin™, and The Westin Kids Club. Guided by Westin’s six pillars of well-being, the brand continues to evolve and deliver its signature wellness programs to adapt to the needs of the modern traveler and deliver industry-leading experiences designed to empower guests to be the best version of themselves.


Tribute Portfolio in Nusantara

Plans for the hotel include 150 rooms and suites, including a signature destination dining venue, a café, pool bar and lobby lounge. The property amenities expect to feature an outdoor swimming pool, gym and spa. Tribute Portfolio is a growing global family of independent hotels drawn together by their individuality, passion for captivating design, and their drive to create distinct, vibrant social settings for guests and locals alike.