Hotel groups have recorded a sizeable number of openings.
After several years of daunting challenges, the hotel industry has rebounded with a vigor and now is on a record run of new and refurbished hotels. The major groups have recorded a sizeable number of openings and rooms in 2023, and are forecasting equally dynamic expansion in 2024, according to the Hospitality ON website. For example:
Wyndham: introduced five brands into new countries; signed 46 contracts, representing over 8,300 rooms and opened nearly 20 hotels.
Hilton: 132 openings in the fourth quarter and net growth of 4.9% by 2023
Marriott: net growth of 4.7% and record pipeline of 573,000 rooms
Accor: major global expansion planned for 2024
Minor Hotels: more than 200 new hotel openings by 2026
According to the U.S Travel Association, 93% of the population reported that they are gearing up for some exciting travels in the next six months. With such a surge in demand for travel, it's no surprise that the hospitality industry is bustling with new opportunities in the realm of hotel openings and new accommodations worldwide.
Each property within South Bank features natural design elements.
South Bank, Turks and Caicos
South Bank, Turks and Caicos, features four distinct waterfront neighborhoods, Boathouses; Lagoon Villas; Ocean Estates and Arc, along 31 acres of quiet shoreline in Providenciales, Turks and Caicos. The oceanfront resort and marina, managed and operated by Grace Bay Resorts, exudes a thriving coastal personality, integrating elegant oceanfront living with the adventure of boating and yachting, promoting indoor/outdoor living. Each property within South Bank features natural design elements complementing South Bank’s position on the Caicos Bank, South Bank inlet and Juba Sound wetland. Guests and homeowners alike will have access to transformative amenities and handmade experiences including a calm, swimming lagoon; a chic white sand beachfront; innovative drinking and dining experiences; tennis and pickleball courts; and an energizing spa and fitness center. South Bank’s Grand Opening will be November 1, 2024.
The hotel is deeply intertwined with cosmopolitan culture.
Hotel AKA Back Bay, Boston, MA
Relaunching in Q2 2024, Hotel AKA Back Bay opens its doors with a modern new design transformation led by celebrated architectural firm, Selldorf Architects, across guestrooms and public spaces. The reopening of the hotel will see a complete visionary transformation of this iconic limestone building, with sophisticated guestrooms and suites filled with designer furnishings envisioned by Annabelle Selldorf. The hotel amenities will include a living-room inspired library and lounge ideal for relaxing or working, and a new fitness center. The hotel will also unveil a brand-new culinary concept – an everyday French bistro with a curated menu blending classic French fare with touches of New England influence. Located in the heart of Back Bay, this hotel boasts a storied past as the former home of the Boston Police Department Headquarters, and it is deeply intertwined with the cosmopolitan culture of this vibrant section of Bean Town.
The Mining Exchange building was originally established in 1902.
The Mining Exchange Hotel, Colorado Springs, CO
The new Mining Exchange Hotel in downtown Colorado Springs has been completely reimagined from the historic Mining Exchange building that was originally established in 1902 and served as a bustling hub for mining magnates and investors. The high-design haven for modern travelers offers 128 newly designed guest rooms, two innovative food and beverage concepts, versatile event spaces and more. The hotel lobby, which doubles as a living room for locals, embraces original elements like the mining exchange safe and vault doors while guest rooms feature vibrant wall coverings, historic brick accents and custom furnishings. At BLK MGK, the hotel’s high craft, full-service coffee bar, guests can enjoy a full menu of breakfast and lunch menu items, a range of specialty coffee and tea beverages featuring a unique selection of tincture add-ons, along with coffee-based cocktails, wine and beer.
The hotel houses 245 rooms and a dozen room types.
OMO5 Hakodate by Hoshino Resorts, Hakodate, Hokkaido, Japan
Opening July 6, 2024, OMO5 Hakodate by Hoshino Resorts is located at city center for guests to fully savor the freshest seafood, exceptional night views from Mount Hakodate and the area’s charming streets. Just a five-minute walk from Hakodate Station, the hotel houses 245 guest rooms and a dozen room types. Visitors can relax at the OMO Base including a café & bar serving local sweets and an outdoor terrace. Other highlights include: a morning market specialty shop tour led by passionate hotel staff; an interactive ‘Go-KINJO’ neighborhood map at the OMO Base with local recommendations and a natural hot spring onsen on-site. Guests can elevate their morning with a luxurious breakfast buffet. The ‘Hakodate Round Free Bus’ (free of charge for hotel guests) also makes visiting local sites easy by taking guests around the city.
The hotel is an adaptation of Union Pacific Depot Train Station.
Asher Adams, Salt Lake City, UT
Asher Adams, the first Autograph Collection hotel in downtown Salt Lake City, under construction by The Athens Group with its partner, Hatteras Sky, will open fall of 2024. Asher Adams is an adaptive reuse of the historic Union Pacific Depot Train Station, which first opened in 1909. The hotel’s design preserves the train station’s iconic French empire architecture and showcases original pieces including the stained-glass windows and oil on canvas murals. Asher Adams will incorporate the historic train station with the addition of a new, eight-story guestroom tower with 225 guest rooms and suites including signature rooms in the train station itself. The boutique luxury hotel will feature a signature restaurant, a patisserie, two bars including a specialty bar located on the second floor of the Union Pacific building that will enjoy expansive views of downtown and the Wasatch Mountains.
The property will be seven stories with 110 guestrooms.
Marriott Vacation Club, Waikiki, Hawaii
Opening October 2024, The Marriott Vacation Clubs will introduce a new Hawaiian property to its portfolio in Honolulu’s iconic Waikiki neighborhood in October 2024. This new resort will feature a variety of amenities including rooftop spaces, a pool, fitness facility and culinary outlet. As a part of The Marriott Vacation Clubs City Collection, the property will be within walking distance of some of Waikiki’s most notable shopping experiences and beautiful beaches on the south shore. The property will be seven stories with 110 guestrooms featuring studios and one-bedroom villas, equipped with kitchenettes and washer/dryers, perfect for large gatherings. Upon opening, in addition to rental options, the new resort will have villas available for exchange to existing owners.
