Skip to content

Search

Latest Stories

3H Group breaks ground on maiden Hyatt Studios in Alabama

Giri Hotel Management contracts with Hyatt to manage hotel in Portland Oregon

3H Group breaks ground on maiden Hyatt Studios in Alabama

3H GROUP INC., led by Hiren Desai as president and CEO, recently broke ground on Hyatt Hotels Corp.’s first Hyatt Studios property in Mobile, Alabama, and the upper-midscale, extended-stay hotel is scheduled to open in early 2025. Also, Giri Hotel Management, led by Ash Sangani, has entered its inaugural franchise deal with Hyatt for developing and managing a 122-room Hyatt Studios hotel at Portland International Jetport, Hyatt said in a statement.

"Our choice to prolong our enduring collaboration with Hyatt is driven by the team's unwavering commitment to comprehending the needs of guests, owners, and developers, providing exceptional service and value," Desai said. "We're thrilled to collaborate with Hyatt on launching the initial Hyatt Studios hotel, broadening our extended-stay footprint in this thriving community. Looking ahead, 3H Group intends to incorporate another Hyatt Studios hotel into our portfolio soon."


ENEWS 12 06 23 Hyatt Groundbreaking scaled Pictured at the groundbreaking for the Mobile property are Jim Tierney, Hyatt’s senior vice president for real estate and development, far left; Hiren Desai, president and CEO of 3H Group third from left; Dan Hansen, global head of Hyatt Studios 5th from left; and Nick Desai, executive vice president of 3H Group, 6th from left, along with others.

Located in Tillman's Corner just outside of Mobile and in proximity to Mobile Bay, the first planned Hyatt Studios hotel provides guests with easy access to the Gulf Coast, according to Hyatt. The property is 10 miles from Mobile International Airport and is close to historical and cultural destinations, including the USS Alabama Battleship Memorial Park, GulfQuest National Maritime Museum of the Gulf of Mexico and the Mobile Carnival Museum.

In addition to tourism, the city features diverse industries in manufacturing, aerospace, and commercial retail, strengthening its midscale appeal, Hyatt added. The construction of Hyatt Studios is expected to generate numerous local jobs and contribute to Mobile's hospitality industry.

"We are proud to reach this construction milestone in launching the Hyatt Studios brand," said Dan Hansen, global head of Hyatt Studios. "The brand is poised to revolutionize the upper-midscale, extended-stay experience for our guests and World of Hyatt members by providing exceptional value, top-notch amenities, and the highest level of care. Ongoing interest from the development community reinforces the compelling value proposition of the Hyatt Studios brand."

Partnership with Giri Hotel Management

Giri Hotel Management operates more than 50 hotels in New England. The upcoming hotel will be located near Portland's historic downtown and various attractions along Maine's coast, including Kennebunkport, York Beach and Ogunquit. It also offers easy access to ski resorts in both Maine and New Hampshire.

In August, Hyatt revealed a collaboration with 3H Group and Presidio Hotel Development to introduce Hyatt Studios in Alabama and California. The Presidio Hotel Development is spearheading the effort in Marysville.

More for you

Noble Investment Group Mobile Alabama

Noble breaks ground on StudioRes in Mobile, AL

Summary:

  • Noble broke ground on StudioRes Mobile Alabama at McGowin Park.
  • The 10th StudioRes expands Noble’s long-term accommodations platform.
  • Noble recently acquired 16 WoodSpring Suites properties through two portfolio transactions.

NOBLE INVESTMENT GROUP broke ground on StudioRes Mobile Alabama at McGowin Park, a retail center in Mobile, Alabama. It is Noble’s 10th property under Marriott International’s extended stay StudioRes brand.

Keep ReadingShow less
AHLA Foundation expands hospitality education

AHLA Foundation expands hospitality education

Summary:

  • AHLA Foundation is partnering with ICHRIE and ACPHA to support hospitality education.
  • The collaborations align academic programs with industry workforce needs.
  • It will provide data, faculty development, and student engagement opportunities.

THE AHLA FOUNDATION, International Council on Hotel, Restaurant and Institutional Education and the Accreditation Commission for Programs in Hospitality Administration work to expand education opportunities for students pursuing hospitality careers. The alliances aim to provide data, faculty development and student engagement opportunities.

Keep ReadingShow less
U.S. holiday travel 2025 trends

Report: U.S. consumers’ holiday travel intent dips

Summary:

  • U.S. holiday travel is down to 44 percent, led by Millennials and Gen Z.
  • Younger consumers are cost-conscious while older generations show steadier travel intent.
  • 76 percent of Millennials are likely to use AI for travel recommendations.

NEARLY 44 PERCENT of U.S. consumers plan to travel during the 2025 holiday season, down from 46 percent last year, according to PwC. Millennials and Gen Z lead travel intent at 55 percent each, while Gen X sits at 39 percent and Baby Boomers at 26 percent.

Keep ReadingShow less
Report: Global RevPAR to rise 3–5 percent in 2025

Report: Global RevPAR to rise 3–5 percent in 2025

Summary:

  • Global hotel RevPAR is projected to grow 3 to 5 percent in 2025, JLL reports.
  • Hotel RevPAR rose 4 percent in 2024, with demand at 4.8 billion room nights.
  • London, New York and Tokyo are expected to lead investor interest in 2025.

GLOBAL HOTEL REVPAR is projected to grow 3 to 5 percent in 2025, with investment volume up 15 to 25 percent, driven by loan maturities, deferred capital spending and private equity fund expirations, according to JLL. Leisure travel is expected to decline as consumer savings tighten, while group, corporate and international travel increase, supporting RevPAR growth.

Keep ReadingShow less
Hotel data challenges report highlighting AI and automation opportunities in hospitality

Survey: Data gaps hinder hotel growth

Summary:

  • Fragmented systems, poor integration limit hotels’ data access, according to a survey.
  • Most hotel professionals use data daily but struggle to access it for revenue and operations.
  • AI and automation could provide dynamic pricing, personalization and efficiency.

FRAGMENTED SYSTEMS, INACCURATE information and limited integration remain barriers to hotels seeking better data access to improve guest experiences and revenue, according to a newly released survey. Although most hotel professionals use data daily, the survey found 49 percent struggle to access what they need for revenue and operational decisions.

Keep ReadingShow less