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Global Hospitality Report (July 6, 2015)

Hotels By Day: A New Opportunity for Travelers and Hotels 
By Kirsten Smiley

A new company envisions booking otherwise vacant hotel rooms in efficient blocks of time during the daylight hours, generating convenience for travelers and profits for hoteliers.

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In Focus: Silicon Valley Hotel Market Update 
By Hari Jun

Silicon Valley’s lodging market continues to boom, reaching record levels. Lodging demand continues to outpace supply. Conversions and rebrandings show brand-affiliations are still important.

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Serviced Apartments in Europe – At the Crossroads Between Niche and Mainstream 
By Arlett Hoff

During the last 12 months, the serviced apartment sector in Europe gained further momentum with major activity in development, branding and transactions putting the extended-stay market more firmly on the real estate map.

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Mandarin Oriental Announces Another Luxury Hotel in Beijing 

Mandarin Oriental Hotel Group has announced that it will manage another luxury property in the heart of Beijing, scheduled to open in 2017. The hotel will be located in the new premier mixed-use centre 'WF CENTRAL' being developed by Wangfu Central Real Estate Development Company Limited, an affiliated company of Hongkong Land. The 74-key Mandarin Oriental Wangfujing will feature two restaurants and a bar. Other facilities will include an all-encompassing spa, an indoor swimming pool and a fitness centre. Mandarin Oriental Wangfujing, Beijing will be the Group's second hotel to open in the city after the 241-key Mandarin Oriental Beijing (part of the CCTV project), which is scheduled to open in 2016.

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