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News: Development + Destinations
December 18, 2024

HD’s Top 3 Development Stories of 2024

Two destinations and a booming market trend were popular among our audience this year

Words by: Stephanie Chen

25hours Heimat Dubai
The lobby of the 25hours Heimat Dubai branded residences, designed by Studio Aisslinger
The lobby of the 25hours Heimat Dubai branded residences, designed by Studio Aisslinger

News:

Development + Destinations
December 18, 2024

HD’s Top 3 Development Stories of 2024

Two destinations and a booming market trend were popular among our audience this year

Words by: Stephanie Chen

Hospitality development continues to thrive across cities and markets. Looking back at the development stories we covered this year, we’ve rounded up the articles that drew the most attention. Readers were intrigued by Vegas’ relentless growth, the soaring demand for branded residences, and the expansion of hotel offerings in a charming Texas winery town.

Las Vegas

The Komodo bar at the Fontainebleau Las Vegas; photo courtesy of Groot Hospitality

With its towering resorts and glittering lights, Las Vegas is ever-changing. This year alone, it has welcomed an array of sports entertainment, including Super Bowl LVIII at Allegiant Stadium and the inaugural sporting event (a UFC match) at MSG Sphere. Other venues are keeping pace, with a slew of additions and renovations across the board including the $3.7 billion refresh of Fontainebleau Las Vegas, new nightlife launches like Bruno Mars’ Pinky Ring at the Bellagio Hotel & Casino, and the completely redeveloped Rio Hotel & Casino. Read the full article.

 

The branded residences boom

Aman Residences Tokyo, Japan - Communal Space, Lounge to Private Dining natural colors

A communal space at Aman Residences, Tokyo; photo courtesy of Aman

The allure of today’s branded residences is the convenience and luxury of having 5-star hotel service right at home, so it’s no surprise that demand is skyrocketing. Over the past decade, branded residential projects have risen by more than 160 percent, according to a 2023 report by Savills, a global provider of real estate services. And it’s not just major hotel players entering the market—wellness brands, fashion houses, and even car companies want a piece of the pie. Read the full article.

 

Fredericksburg, Texas

the menagerie fredericksburg texas cottage bunglows interior dining room

The Menagerie, an 11-key boutique hotel in Fredericksburg; photo by Avery Nicole Photography

The hospitality landscape in Fredericksburg, Texas is transforming, with new luxe offerings joining the winery town’s modest motels and homey B&Bs. New ventures like Dallas-based Mod Motels, for instance, are focused on converting cherished roadside motels into modern destinations. Meanwhile, upscale inn the Menagerie opened with 14 guest accommodations sprinkled between a Queen Anne mansion and a row of 1930s bungalows across the street. Nontraditional offerings are also making their debut, including yurts and treehouses. Read the full article.

More from HD:
The 72 Best Hotel Openings of 2024
Project Breakdown: The Manner from Standard International
Cj Hendry Makes Her Art Approachable

Development + Destinations

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