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NEWS| HVS EMEA Hospitality Newsletter – Week Ending 15 June 2012

New-York based hospitality management firm Morgans Hotel Group is bringing its Hudson brand to Europe. As part of an expansion plan for the brand across global gateway markets, Morgans has signed a 20-year management contract for a 200-room Hudson hotel in London, UK, which is expected to open in 2015; once open, the hotel will become the second of its brand in the world. At the same time as developing the brand,
Morgans has invested US$30 million in an ongoing renovation of the 834-room Hudson New York, the first of its kind. This isn’t Morgans first foray into the UK hotel market, however, as it currently has a Mondrian hotel under development in London’s Sea Containers House, on the city’s South Bank area, and it operates the iconic 150-room Sanderson and 204-room St Martins Lane hotels. MARRIOTT’S SECOND VISIT TO BUCHAREST Marriott International has signed a management agreement with Gica Popescu Hotels for the 147-room Courtyard by Marriott Bucharest, which is expected to open in Bucharest city centre at the beginning of 2014. “We continue to see tremendous opportunity for expansion throughout Eastern Europe, particularly with our Courtyard by Marriott brand. As an essential part of our growth strategy and with the recent introduction of our Courtyard prototype in Europe, we are excited to continue to grow the brand, now 47 hotels strong across Europe,” said Amy McPherson, Marriott’s president and managing director for Europe. The hotel will be the first of its brand in Romania and the group’s second hotel in its capital and largest city, along with the 401-room JW Marriott Bucharest Grand Hotel. HILTON ARRIVES AT WEMBLEY With excitement over this summer’s Olympic Games in London reaching fever pitch, Hilton Worldwide is preparing to kick off its new venture in the UK capital. The group is getting ready to open the Hilton London Wembley, which will soon open its door opposite one of the UK’s most famous sporting venues, Wembley Stadium. “Hilton London Wembley is a landmark hotel at the heart of the revitalisation of Wembley which will play a pivotal role in turning the area into a leisure destination of choice. This latest London opening for Hilton worldwide will increase our presence to more than 30 hotels across the capital and provide a unique and high quality Hilton experience, setting the tone for the future of Wembley,” said John Rogers, Hilton’s vice president of operations in the UK. MERCURE MAKES ITS DEBUT IN MOSCOW

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