Donald Trump has launched a hotel chain, the Trump
Hotel Collection. The brand's forerunner, the 167-room Trump
International Hotel & Tower New York, will be joined by the
339-room Trump International Hotel & Tower Chicago, scheduled
to open in December, and Trump International Hotel & Tower Las
Vegas, which opens early next year. Several other properties are in
the development pipeline, including the 400-unit Trump SoHo Hotel
Condominium New York, slated to open in spring 2009, and the $500
million, 261-room Trump International Hotel & Tower in
Toronto's business district, for which ground was broken this week.
The Toronto property will open in 2010. Each member of the Trump
Hotel Collection will feature The Spa at Trump and Trump Attaché, a
combination concierge and butler service program that provides
individualized service for each guest.
MGM Mirage will construct a $4.5 billion-to-$5 billion
resort and casino on 72 acres of land at Renaissance Point in
Atlantic City. According to chairman and CEO Terry Lanni, the
project was in part motivated by the success of the Borgata Hotel
Casino & Spa, next door to the development site; MGM Mirage
owns 50 percent of the Borgata. The proposed resort will have three
towers, slated to be Atlantic City's tallest. The complex would
house more than 3,000 guest rooms; a casino with 5,000 slot
machines, 200 table games and a large poker room; a 1,500-seat
theater; restaurants and nightclubs; a spa; 500,000 square feet of
retail space, and a convention center. MGM Mirage expects to break
ground in 2008 for a 2012 opening.
In a quarterly earnings call, Marriott International
divulged plans for a large Las Vegas resort and casino project.
Although the deal is still in its formative stages, the property
would be built on about 15 acres of Marriott land across the street
from the Las Vegas Convention Center. The company expects to
construct a 3,500-room resort, 500,000 square feet of meeting space
and a 75,000-square-foot casino. Marriott already has invested
about $230 million in the project and currently is identifying
possible partners. The company does not expect to manage the
casino. Construction is slated to begin in about a year, to be
completed 30 to 36 months later.
A $3 billion development called Konterra is planned
for Prince George's County, Md. The 2,200-acre project in Laurel,
Md., scheduled to break ground in 2009, will feature a 600-room
hotel, 4,500 residential units, 1.5 million square feet of retail
space, 3.8 million square feet of office space and a golf course.
The first phase is expected to open in 2011.
The Fairmont Dallas is undergoing a $14 million
renovation, changing the property's guest room total from 551 to
545. The rooms already have been upgraded with flat-screen TVs; new
furnishings, bedding and mattresses; and wireless Internet access.
Phase two of the project, which begins Nov. 1, will gut floors 17
through 19, turning 47 rooms into Fairmont Gold, the brand's luxury
hotel within a hotel; the six rooms being taken out of service will
become the lounge, check-in and concierge areas for the luxury
customers. Fairmont Gold is scheduled to debut in February.
An updated report released last week by research firm
Lodging Econometrics quantified the feverish pace of hotel
construction in the Asia-Pacific region. More than 1,550 properties
are being built or in the pipeline, including 782 hotels
representing nearly 223,000 guest rooms in China alone. Fifty-one
hotels with more than 12,300 guest rooms are on track to open in
Beijing before the end of next year, and five other cities in China
each have at least 20 projects in development. In a separate
announcement, Marriott International said it will open 59 hotels in
Asia-Pacific by the end of 2010, including 20 in China and 16 in
The 249-room Grand Del Mar (Calif.) has opened for
business. The $270 million resort, operated by Manchester Grand
Resorts, includes the Tom Fazio-designed, 18-hole Grand Golf Club,
a 50,000-square-foot clubhouse, a signature restaurant, a
21,000-square-foot spa and 20,000 square feet of meeting space.