January 23, 2008

Plans to build a 283-room Hotel Monaco, in a $1.2 billion redevelopment project in Atlanta, have been scrapped. Still on track for development is a 175-room 1 Hotel and Residences -- a Starwood property with an unspecified amount of meeting space -- and a spa, retail, office and condo space. Developers now envision a smaller hotel, with 100 rooms, to replace the Hotel Monaco, but a new flag has yet to be named. A third hotel still is under consideration for the site.

The 202-room Hilton Papagayo Resort opened on the Bay of Papagayo in Guanacaste, Costa Rica. The all-inclusive property, formerly the Premier Fiesta Resort & Spa, underwent a multimillion-dollar renovation. The resort features 71 bungalows, two outdoor pools, three restaurants, a new spa with 13 treatment rooms, and 1,300 square feet of meeting space, including an auditorium that seats up to 300. The property is Hilton's third hotel opening in Costa Rica this month, after the 222-room Doubletree Cariari by Hilton in San Jose and the 314-room Doubletree Resort by Hilton Puntarenas in the country's central region.

The 57-room Esperanza resort in Cabo San Lucas, Mexico, completed a five-month renovation of guest rooms, suites and the onsite spa. In addition to a new room design, the property added seven treatment rooms to the spa and opened a new 2,000-square-foot penthouse suite with a private elevator.

Movenpick Hotels & Resorts will manage the 150-room Mvenpick Hotel Ankara, to open in the Turkish capital in 2010. The property will have 12,000 square feet of meeting space.