October 27, 2021
Hotel & Lodging SmartBrief
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Front Desk
The Australian government will closely monitor Crown Resorts Ltd. for two years to determine whether it will retain its Melbourne casino license after a probe found the company guilty of "illegal, dishonest, unethical and exploitative" conduct. Failure to provide intervention to problem gamblers topped investigator Ray Finkelstein's list of alleged Crown misdeeds.
Full Story: BNN Bloomberg (Canada) (10/25) 
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Business Update
MNC Group has begun work on its 3,000-hectare tract development in the West Java provincial district of Lido, near Jakarta, Indonesia. Work on Phase I of the $2 billion project, which includes a six-star hotel, a theme park called MNC Park and a golf course, is set to be finished in 2027.
Full Story: Nikkei Asian Review (Japan) (tiered subscription model) (10/24) 
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Choice Hotels International is relocating its headquarters to the North Bethesda area in Maryland and will occupy 105,000 square feet at a building that will be constructed at Federal Realty Investment Trust's Pike & Rose development. That lease will account for about 40% of the property, which is expected to include 276,000 square feet.
Full Story: The Business Journals (tiered subscription model)/Washington, D.C. (10/25) 
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Market Trends
Losses from the pandemic have pushed one of Mexico's largest hotel chains into a Chapter 11 bankruptcy filing in the US. Grupo Posadas says its hotels will continue operating while it pursues the debt restructuring.
Full Story: Reuters (10/26) 
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A pair of hotel projects has boosted hopes for a long-sought revitalization of The Hill near the University of Colorado-Boulder campus, while raising concerns about changes to the quirky business district's character. Construction is underway on a 234-room hotel and conference center and a mixed-use property with a 189-room hotel.
Full Story: Daily Camera (Boulder, Colo.) (10/25) 
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Luxury Hotels
Th8 Palm boutique resort is scheduled to open Nov. 15 on Palm Jumeirah in Dubai, UAE. The new resort will have a glass-fronted five-star hotel, a sun-soaked terrace for al fresco dining, an infinity pool, a DJ booth, an outdoor bar, an Airstream-style food truck, a fitness suite, musical entertainment, VIP cabanas, several dining experiences and watersports.
Full Story: The National (Abu Dhabi, United Arab Emirates) (10/25) 
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Development
Government Affairs
San Francisco's near-century-old Abigail Hotel will reopen as a transitional housing center for homeless people, Mayor London Breed announced. The downtown landmark served as a shelter-in-place facility for youths during the pandemic before being closed down in June.
Full Story: KPIX-TV (San Francisco) (10/25) 
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About the Editor
Katie Parks
Katie Parks
I've had the pleasure of editing numerous travel-related newsletters at SmartBrief for nearly 10 years, including those covering hotels, casinos and amusement parks as well as spa industry news.

If you enjoy reading Hotel & Lodging SmartBrief and have a story or poll idea, please send me an email.

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