BEVERLY HILLS, Calif. ( TheStreet) -- A new year brings a new lineup of hotel openings. From precious boutiques to mega resorts, many of this season's most anticipated openings have the benefit of being planned post-recession, with sometimes scaled-down ambitions or room count to coincide with a reduced travel market.Starwood's W Hotels and Resorts ( HOT) seem to have a hotel opening monthly, with an ambitious development calendar fueled by the chain's popularity and global recognition as a premium luxury brand. This year, expect the collection to take Europe by storm in February with a W London flagship on Leicester Square, accompanied by an XYZ-branded eatery to complement the nearby West End theater scene. In France, W Paris will debut this summer near the Garnier Opera in a period building about half the size as its London sibling. Other notable openings include W Taipei in the Taiwanese capital and a W Marrakech Hotel and Residences opening in the fourth quarter in a resort compound just outside the historic medina.
|The Mandarin Oriental Paris is slated to open this year with hotel and 13 private residences on the prestigious rue Saint Honore in a 1930s art deco building.|
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