Candlewood Suites

IHG Hotels & Resorts and NOVUM Hospitality sign agreement that doubles IHG's hotel presence in Germany, launches Holiday Inn - the niu collaboration, and debuts Garner and Candlewood Suites brands

Retrieved on: 
Monday, April 15, 2024

A total of 52 open and pipeline hotels will join IHG through a distinctive collaboration between Holiday Inn and the niu, NOVUM Hospitality's stylish, flagship upper midscale brand.

Key Points: 
  • A total of 52 open and pipeline hotels will join IHG through a distinctive collaboration between Holiday Inn and the niu, NOVUM Hospitality's stylish, flagship upper midscale brand.
  • Under the agreement, IHG will receive franchise fees after the phased conversion of existing properties and upon the opening of the hotels under development.
  • A total of 111 NOVUM Hospitality properties are in Germany, with the remaining eight in Austria, the Netherlands and the UK.
  • Candlewood Suites has a combined open and pipeline estate of over 520 hotels across the Americas.

Wyndham Enters Upscale Extended Stay with WaterWalk

Retrieved on: 
Tuesday, April 2, 2024

PARSIPPANY, N.J., April 2, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts is expanding into the upscale extended stay segment, launching a strategic relationship with industry innovator WaterWalk. The deal adds 11 hotels and over 1,500 rooms to the Wyndham ecosystem, rebranding them under the newly created WaterWalk Extended Stay by Wyndham brand, the 25th in Wyndham's portfolio. Located in key markets such as Tucson, Jacksonville and Wichita, the offerings perfectly compliment Wyndham's existing economy and midscale extended stay brands and cater to guests seeking a local, yet elevated stay with the comforts of home.

Key Points: 
  • PARSIPPANY, N.J., April 2, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts is expanding into the upscale extended stay segment, launching a strategic relationship with industry innovator WaterWalk.
  • The deal adds 11 hotels and over 1,500 rooms to the Wyndham ecosystem, rebranding them under the newly created WaterWalk Extended Stay by Wyndham brand, the 25th in Wyndham's portfolio.
  • Positioned squarely in the upscale segment, WaterWalk brings a fresh take to the traditional extended stay experience with its unique LIVE|STAY model.
  • WaterWalk marks Wyndham's third extended stay brand, joining ECHO SuitesSM Extended Stay by Wyndham and Hawthorn® Extended Stay by Wyndham.

Goodegg Investments Announces Acquisition of 2 Hotel Assets Via Its Goodegg Hotel Fund I and Goodegg Growth Fund II

Retrieved on: 
Thursday, November 30, 2023

Goodegg Hotel Fund I, just like the real estate firm’s Goodegg Diversification Fund II, which successfully achieved an 11.3% investor return in 2022, is designed to acquire prime, select-service hotel assets via a diversified fund.

Key Points: 
  • Goodegg Hotel Fund I, just like the real estate firm’s Goodegg Diversification Fund II, which successfully achieved an 11.3% investor return in 2022, is designed to acquire prime, select-service hotel assets via a diversified fund.
  • The unique location allows investors to capture hotel stays from government contractors, military personnel, and other business travelers.
  • With a minimum investment of $10,000, both hotels featured in Goodegg Growth Fund II are currently rated 4.5 stars on Tripadvisor across hundreds of reviews.
  • “Given the pent-up demand for travel post-COVID-19, both business and leisure travel have rebounded in a big way, leading to huge opportunities in hotel investments,” said CEO of Goodegg Investments Julie Lam.

Wego and IHG Hotels & Resorts Ink Global Partnership

Retrieved on: 
Wednesday, July 26, 2023

DUBAI, UAE, July 26, 2023 /PRNewswire/ -- Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), inked a global partnership with IHG Hotel & Resorts, one of the world's leading hotel companies to provide its users with a wider array of hotel offerings across the globe.

Key Points: 
  • Through this collaboration, Wego users will be able to search and book 15 of IHG's 18 brands - worldwide - Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels, Atwell Suites, Staybridge Suites and Candlewood Suites.
  • Commenting on this strategic partnership, Craig Hewett, Chief Hotels Officer and Co-Founder, Wego, said: "Partnering with one of the world's leading hotel companies, IHG Hotels & Resorts, reflects our commitment to provide our users with global hotel offerings and deals.
  • Through this partnership, we will promote IHG Hotels & Resorts to our large user base in the MENA region and aim to convert more bookings to IHG's global network of hotels."
  • James Britchford, Vice President Commercial, India, Middle East and Africa at IHG Hotels & Resorts, said: "We are delighted to partner with Wego, the number one travel app in MENA for flight search and booking.

Wego and IHG Hotels & Resorts Ink Global Partnership

Retrieved on: 
Wednesday, July 26, 2023

DUBAI, UAE, July 26, 2023 /PRNewswire/ -- Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), inked a global partnership with IHG Hotel & Resorts, one of the world's leading hotel companies to provide its users with a wider array of hotel offerings across the globe.

Key Points: 
  • Through this collaboration, Wego users will be able to search and book 15 of IHG's 18 brands - worldwide - Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels, Atwell Suites, Staybridge Suites and Candlewood Suites.
  • Commenting on this strategic partnership, Craig Hewett, Chief Hotels Officer and Co-Founder, Wego, said: "Partnering with one of the world's leading hotel companies, IHG Hotels & Resorts, reflects our commitment to provide our users with global hotel offerings and deals.
  • Through this partnership, we will promote IHG Hotels & Resorts to our large user base in the MENA region and aim to convert more bookings to IHG's global network of hotels."
  • James Britchford, Vice President Commercial, India, Middle East and Africa at IHG Hotels & Resorts, said: "We are delighted to partner with Wego, the number one travel app in MENA for flight search and booking.

iCleanse Adds 30+ New Pilot Programs Including New England's Second Largest Airport to Its Growing National Customer List

Retrieved on: 
Tuesday, June 6, 2023

AVON, Conn., June 6, 2023 /PRNewswire-PRWeb/ -- iCleanse, the leading device disinfection and Digital Out of Home (DOOH) media company, announced today its first-of-its-kind disinfection product, Swift UV, has been installed in pilot programs at more than 30 locations nationwide.

Key Points: 
  • To date, more than 1 million phones have been disinfected and 1 million impressions delivered using iCleanse's Swift UV units.
  • "We're thrilled to add more than 30 pilot programs to our customer list as we continue to grow our digital OOH network into more high traffic venues," said iCleanse CEO Chris Allen.
  • Ad content can be fully customized and deployed across a fleet of units through the secure iCleanse Cloud.
  • Companies using iCleanse as an advertising and communication tool find they build sustainable brand loyalty and also expand their customer base.

KBRA Releases Research – Lodging Loan Performance Clouded by Upper Upscale Chains

Retrieved on: 
Wednesday, April 5, 2023

KBRA releases research on CMBS hotel chain delinquencies by chain scale, chain, and company brand.

Key Points: 
  • KBRA releases research on CMBS hotel chain delinquencies by chain scale, chain, and company brand.
  • However, KBRA has observed meaningful diversion in the delinquency figures by chain scale, hotel chain, and company brand.
  • For the larger balance upper upscale chains, Sheraton had the highest delinquency rate at 21.7%, with 16 of the 22 chains posting delinquency rates in the double-digits.
  • The midscale chain had the lowest delinquency rate of all the segments at 3.1%, as well as the lowest delinquency balance ($22.6 million).

Commonwealth Hotels Appoints Amber Das as General Manager of The Candlewood Suites Indianapolis South

Retrieved on: 
Wednesday, October 12, 2022

COVINGTON, Ky., Oct. 12, 2022 /PRNewswire/ -- Commonwealth Hotels announced today that Amber Das has been appointed the general manager of the Candlewood Suites Indianapolis South .Ms.

Key Points: 
  • COVINGTON, Ky., Oct. 12, 2022 /PRNewswire/ -- Commonwealth Hotels announced today that Amber Das has been appointed the general manager of the Candlewood Suites Indianapolis South .Ms.
  • Das brings over 10 years of hospitality experience to her new role as general manager having previously served as the food service director for Quest Food Management.
  • As general manager, Das is responsible for overseeing and executing the hotel and property operations, including staff management, guest satisfaction, and community relations.
  • In addition to her most recent role, Das served as general manager for the Fairfield Inn and the Holiday Inn Express both in Anderson, Indiana.

IHG Owners Association Launches Healthcare Program for IHG Franchised Hotels

Retrieved on: 
Tuesday, September 13, 2022

ATLANTA, Sept. 13, 2022 /PRNewswire/ -- The IHG Owners Association, representing more than 4,000 InterContinental Hotels Group (IHG) franchise hotel owners worldwide, has announced a new member benefit, the IHG Owners Association Healthcare Program, which offers nationwide healthcare coverage and benefits options to employees of U.S. Association members.

Key Points: 
  • ATLANTA, Sept. 13, 2022 /PRNewswire/ -- The IHG Owners Association, representing more than 4,000 InterContinental Hotels Group (IHG) franchise hotel owners worldwide, has announced a new member benefit, the IHG Owners Association Healthcare Program, which offers nationwide healthcare coverage and benefits options to employees of U.S. Association members.
  • Powered by Association Strategic Partner Decisely, an industry-leading benefits and HR services firm, the IHG Owners Association Healthcare Program provides cost-effective healthcare coverage and benefits to help owners attract and retain employees.
  • "The IHG Owners Association Healthcare Program is only available to IHG hotel owners who are members of the Association.
  • To learn more about the IHG Owners Association Healthcare Program or to get started, visit ihgoa.decisely.com .

PLAYSTUDIOS Expands Collaboration With IHG Hotels & Resorts, Offering Players Rewards at More Than 6,000 Destinations Worldwide

Retrieved on: 
Thursday, August 11, 2022

IHG Hotels & Resorts offers one of the most celebrated and diverse destination portfolios in the world.

Key Points: 
  • IHG Hotels & Resorts offers one of the most celebrated and diverse destination portfolios in the world.
  • The expanded playAWARDS rewards offerings include 15 percent discounts across IHGs 6,000 hotels and 17 brands around the world.
  • Players must be a member of the brands reimagined IHG One Rewards loyalty program to redeem their discounts after selecting them from the playAWARDS Rewards Store.
  • PLAYSTUDIOS and IHG Hotels & Resorts first announced their collaboration in 2021, with the latter joining a portfolio of more than 275 celebrated brands offering unique access, and experiences to players around the world.