HB ON THE SCENE: Trump Collection To Enter South America
Tuesday January 28th, 2014 - 9:49AM B
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LOS ANGELES—Trump Hotel Collection has forged a partnership with LSH Barra S.A. that will result in the development of the Trump Hotel Rio de Janeiro. The company announced the deal here at the Americas Lodging Investment Summit (ALIS).
The 13-story, 171-guestroom Trump Rio will be the brand's first property in South America and is slated to open in 2016, prior to the Summer Olympics in Brazil. The waterfront hotel will be located in the city's posh Jardim Oceanico subdistrict of the Bara da Tijuca.
The property will include an architectural concept by WATG, interiors by Rockwell Group and landscape architecture by Witkin-Hults Design Group.
Donald Trump Jr., EVP, development and acquisitions of Trump Hotel Collection, told Hotel Business, "You have a market with a lot of successful people and it is starved for luxury [hotels]. You see lot of opulence and wealth, but it always felt lacking [in luxury product] so it's a perfect opportunity for us. We want to incorporate the lifestyle aspect of Brazil, which is that laid back beach aspect, with our brand."
Tags: Trump Hotel Collection • Hospitality • Brands •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.