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Tophotelprojects.com®: Over 500 new top hotels worldwide will be opened in the next months

12-17-2008 05:30 PM CET | Industry, Real Estate & Construction

Press release from: CHD Expert Group

One oft he largest hotel projects worldwide: Marina Bay Sands Hotel (www.marinabaysands.com) with 2,600 rooms in Singapore ? a project by Las Vegas Sands Corp. (The Venetian Las Vegas and The Venetian Macau)

One oft he largest hotel projects worldwide: Marina Bay Sands Hotel (www.marinabaysands.com) with 2,600 rooms in Singapore ? a project by Las Vegas Sands Corp. (The Venetian Las Vegas and The Venetian Macau)

Every month about 150 new first class and luxury hotel projects will be revealed

Hamburg, Germany – December 16, 2008 - Obviously luxury is still a selling point with new hotel construction projects. More than 500 new first class and luxury hotels with nearly 200,000 rooms will be opened worldwide in the next months. According to tophotelprojects.com® 28 percent of the hotel openings happen in Europe, 27 percent in North America and 41 percent in East Asia. Most of the 32 largest hotels (over 500 rooms) will open in Asia. The biggest is the Las Vegas Sands’ project Marina Bay Sands Hotel Singapore with 2,600 rooms.

Some of the most interesting new hotels (to be opened in early 2009) are:
Planet Hollywood Towers L.A./USA (1,228 rooms)
Shangri-La Hotel (636 rooms) & Traders Hotel (1,239 rooms) Macao/China
W Hotel Fort Lauderdale, Florida/USA (482 rooms)
Palazzo Versace Dubai/UAE (215 hotel rooms)
Andel’s Hotel Berlin/Germany (557 rooms)

Announcement of 170 new hotel construction projects in last 4 weeks
tophotelprojects.com® disclosed more than 170 new hotel construction projects with over 36,000 rooms in November and December. A sample of new top hotel projects:
Scandic Hotel Hamburg/Germany (325 rooms, opening scheduled for 2011)
InterContinental Resort & Spa Marrakech/Morocco (180 rooms, opening scheduled for 2011)
Clarion Hotel Arlanda near Stockholm/Sweden (400 rooms, opening scheduled for 2010)
Fairmont Resort & Spa on Corfu Island/Greece (240 rooms, opening scheduled for 2012)
St. Regis on Saadiyat Island near Abu Dhabi/UAE (280 rooms, opening scheduled for 2010)

„After the first climax of the financial crunch, of course we watch the hotel projects market even more closely“, Rolf W. Schmidt, managing owner of tophotelprojects.com® reported. „Up to now we noticed only a few delays or even aborts of hotel construction or modification projects.” The number of the recently announced hotel construction projects show that top hotel investments have not been hit by the financial crisis yet.

Main facts of tophotelprojects.com®
Number of hotel projects worldwide: 3,070 (with 753,929 rooms)
Number of hotel rooms per project in average: 249
First class hotel projects: 1,515
Luxury hotel projects: 1,368
Projects by regions:
Africa 120
Asia 1,009
Europe 1,165
North America 703

Top hotel project of the month: Cruise liner “Queen Elizabeth 2”
Project name: QE2
Operator: Nakheel Hotels
Location: Dubai/UAE – The Palm Jumeirah
Hotel type: luxury hotel
Number of rooms: 200
Scheduled opening: 2012

About CHD Expert: The CHD Expert network (CHD) has for the last ten years helped the hospitality industry collect, manage and analyze business data in the Away-from-Home market. CHD Expert is recognized as a global leader in this field. CHD Expert has the largest database (over four million records) relating to the European and North American markets. For the rapidly growing global Away-from-Home Market, CHD Expert has become an essential business tool.

More information:
www.tophotelprojects.com
www.chd-expert.com

Rolf W. Schmidt, schmidt.r chd-expert.de
CHD Expert / Marktplatz Hotel GmbH
Veerser Weg 2b, 27383 Scheessel near Hamburg, Germany
Phone. +49 (0)4263 301 300, Fax +49 (0)4263 301 333

Press services:
Carsten Hennig, presse chd-expert.de
Tel. +49 (0)4263 301 131, Mobile +49 (0)160 958 377 56

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