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Brands Born in the Recession: Where Are They Now?

| June 22, 2009 at 1:16 PM | 4 Comments

It's no secret that the economy has had a massive impact on the hotel industry. Hotel openings have been delayed; construction has been halted on properties in development; jobs have been lost; room rates have been slashed — but the last several years also saw a boom in the introduction of new brands and a handful of entirely new, supposedly game-changing segments (the "budget chic" pack, for example).

Naturally, with the introduction of each new brand came a wave of hype and some big, big expansion plans — and then came the recession. Needless to say, those big plans changed.

Here's a look at the current state of some of those newer brands — a progress report, if you will — that outlines how many properties each brand had planned on when the concept was introduced, how many properties they've actually opened as of mid-2009, and, of course, how they're faring out there in the cold, brutal world.

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Edition Chicago Back On?

| May 14, 2009 at 9:46 AM | 2 Comments

Edition lives! Well, more accurately: the lovechild of Ian Schrager and Bill Marriott is reportedly on the way — but there's no due date or sonogram shots to prove it.

After plans fell through for The Edition Chicago for Ontario Street in Chi-town, we kinda ditched the possibility of an Edition Chicago and kept a closer watch on other cities — but now it seems Chicago's back on the ol' Edition development map.

Thanks to an awesome tipster, we caught wind of this Crain's report:

Developer Michael Reschke is doubling down on hotels in the Loop. Mr. Reschke is close to a deal to bring a high-end boutique hotel that could have as many as 245 rooms to the historic Roanoke Building at 11 S. LaSalle St., sources say.

The new hotel, an Edition, would compete with a project Mr. Reschke has under way just two blocks south at 208 S. LaSalle, where the chairman and CEO of Chicago-based Prime Group Inc. is developing a 610-room J. W. Marriott hotel.

And one more little piece of hot gossip, too: this same developer is reportedly proposing another luxe boutique hotel in the Windy City, a 237-room Hotel Gansevoort "at 508 N. State St., currently a surface parking lot just south of Rock Bottom Brewery."

A swanky boutique-luxe tag team like this would be nice, but is all this really possible right now? Meh, surely the Edition and Gansevoort people are just thanking their lucky stars they're not Denizen.

[Photo: CoStar Group Inc. via Chicago Real Estate Daily]

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This Is What the 7-Star Edition Istanbul Will Look Like?

Where: Istanbul, Turkey

| March 18, 2009 at 1:48 PM | 2 Comments

Um. No, thanks.

This is the rendering for the proposed Edition Istanbul which will be the first ever Edition Hotel to open in December from the seemingly unholy union of veteran hoteliers, Bill Marriott and Ian Schrager. The building is currently undergoing a 100 million Euro renovation from an office building into a 7-star hotel which will have 80 guestrooms, all suites.

Please, pretty please, spend a lot of that money on the interiors. Please.

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Top That! Edition Hotel Will Open in Istanbul in December

Where: Istanbul, Turkey

| March 12, 2009 at 4:06 PM | 0 Comments

UPDATE: A rendering of the building is now pictured after the jump.

South Beach, DC, Honolulu, Istanbul. What do all these destinations have in common? They have all, at one point or another, been designated the location for the very first Edition Hotel, the new luxury hotel collection spawned by Bill Marriott and Ian Schrager.

Last we checked, Edition Honolulu would open in sometime in 2010. The Edition DC project was starting to look rather unlikely and we've got no idea what happening with Edition South Beach.

But now there's been an announcement that Edition Istanbul will open before all these other jokers on Dec 15, 2009.

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Are Brad and Angelina the Only People Who Can Afford To Travel These Days?

| March 4, 2009 at 5:35 PM | 0 Comments

There's tons of hotel news flying around this week and we don't have time to give each and every story the love and attention it may deserve, so you will have to settle for some news briefs.

· Travel CEOs Talk Back to the Economy: Big honchos at hotels and booking sites are mad as hell about how the economy is affecting travel and warn against "travel boycotts." This we totally get. As a travel blog we want folks to keep on exploring! But if you've been laid-off, is it really prudent to take a vacation? Similarly, if you've just been bailed out by the American people is it really prudent to send your employees on an all-expense paid trip to a five-star resort? And out of curiosity, is Brangelina hiring for a new nanny? [Reuters]

· What Happens When Britons Stop Visiting Spain: Some of you have complained about vacationing in Spain only to find the beaches and bars were packed with Brits but those lovable wankers are a very important lifeline to the country's economy. [Reuters]

· Hotels Don't Grow in Brooklyn: We had high hopes for Brooklyn's burgeoning hotel scene but the economy has effectively smacked down that hotel dream. [Curbed]

· Wishin' on Edition: We're hearing rumblings that the DC Edition is not looking very likely at all. Thanks economy! Thanks for making us wait even longer for the Marriott-Schrager lovechild. Is nothing reliable in this world?

· Finally, Some Good News!: Drug charges against Lil Wayne stemming from an arrest at the Twelve Hotel in Atlanta have been dismissed! [Hollyscoop]

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First Edition Hotel Now Opening in Honolulu, So They Say

Go To The Hotel's Web Site Where: 1777 Ala Moana Blvd [map], Honolulu, HI, United States, 96815

| February 25, 2009 at 9:59 AM | 0 Comments

Marriott may have cancelled their plans for The Edition Chicago hotel but they must want us to know they are still very serious about their Edition Hotels brand, the love-child of Ian Schrager and Bill Marriott. They just aren't quite sure when the due date is.

For a while now, we thought the DC Edition would open first. This we liked because DC is like a four-hour car ride from us. But it looks like we may have to travel a heck of a lot further than that.

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Stop the Press: Marriott Cancels The Edition Hotel Chicago

Where: 150 E. Ontario St. [map], Chicago, IL, United States

| February 20, 2009 at 8:31 AM | 0 Comments

Much like real-life newspaper editions keep shutting down, plans for the Edition Hotel in Chicago, one of the hotels announced from the partnership of Bill Marriott and Ian Schrager, have been effectively stopped. Crain's Chicago reports:

Washington, D.C.-based Marriott and Chicago-based Monaco Development LLC say they have terminated their management agreement for the 330-room hotel in a high-rise planned at 150 E. Ontario St. Marriott and renowned hotel designer Ian Schrager launched the Edition brand in early 2008, with plans to open as many as 100 hotels around the world.

While this saddens hospitality nerds like us and especially those among us who were eagerly anticipating Edition in several top markets, there will still be a hotel rising up in that location. Developer Monaco is still searching for a hotel management company to run the building once it's completed (in 2011.)

And Marriott is still looking at different options in Chicago for an Edition Hotel. But obviously in a terrible economy like the one we are now living, we aren't even expecting Edition to open more than a handful of hotels over the next few years.

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We Await With Bated Breath the Opening of Edition Scottsdale

| January 16, 2009 at 4:44 PM | 0 Comments

Soon (but not soon enough) a Ritz-Carlton and an Edition Hotel will grace this land.

Even in this economic downturn, hotel development in Scottsdale, AZ and neighboring Paradise Valley still seems like a hot item. In a development called "The Palmeraie" which is located on land in between both towns, two of Marriott's hotel brands the Ritz-Carlton and Edition will come in with a big bang.

The first hotel to be built on the property is the Ritz-Carlton, Paradise Valley which was originally supposed to commence construction last summer, but was held up due to a town referendum. Now ground breaking should occur soon, with an opening date of Fall 2010 scheduled. The hotel will have 225 room and 161 residences.

But the exciting part of the development (at least for us) is the construction of one of Marriott & Ian Schrager's first Edition hotels within the same development (on the Scottsdale side.)

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Edition Hotels' Website Launches, Schrager's Ego Gets Bigger

| September 16, 2008 at 3:54 PM | 1 Comment

We at HotelChatter are utter hotel geeks. That's why we often type in domain names for new hotels and hotel brands, cross our fingers and hope that maybe just maybe, a new website will appear.

Today we hit jackpot!

Edition Hotels, the new hotel brand being created by Ian Schrager and Marriott, finally launched a teaser website. While its a little light on the content and pictures - it gives all of the proposed initial Edition Hotels locations.

You ready for this? Take a deep breath...You will need it.

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Rejoice! The Edition DC Will Rise in 2009; Repent! It Won't Open Until 2012

Where: 1770 Euclid St NW [map], Washington, DC, United States, 20009

| June 20, 2008 at 1:58 PM | 1 Comment


After hearing rumor after rumor that Ian Schrager's Edition will rise in what was a former church in the Adams Morgan section of DC, the Washington DC Business Journal has confirmed it will really happen. But you just have to wait until 2012 for it's opening.

DC's Advisory Neighborhood Commission has approved the plans from developers Brian Friedman (Friedman Capital) and Beztak Properties who are working with Marriott and Schrager to build this Edition.

Friedman will present his concept for the First Church of Christ, Scientist, at Euclid and Champlain streets NW, to the Historic Preservation Review Board on June 26. The property is up for historic landmark designation later this month.

Friedman will then begin the planned unit development process. He expects to break ground on the $100 million, nearly 180,000-square-foot project in December 2009.

The developers need to wait until December 2009 because part of the hotel will be located on an adjoining property whose tenant isn't moving out until that date.

We think Schrager/Marriott should just ask the tenant nicely to move out earlier. We are very impatient and don’t like to wait!!

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For Unto Us, An Edition Hotel in DC is Born?

Where: 2390 Champlain Street [map], Washington, DC, United States

| March 31, 2008 at 4:41 PM | 0 Comments

So a while back we heard some rumors that the Edition Hotel from our older-man crush Bill Marriott and boutique pioneer Ian Schrager would open in Washington DC in a former First Church of Christ Scientist church at Columbia Road and Euclid Street.

It looks like those rumors are getting closer and closer to truths. Again our tipster Lee W wrote us to say that the Dupont Current interviewed a developer who has plans for the site.

The details of the project is a 9-story boutiques hotel rising behind the First Church of Christ Scientist, with 150 guest rooms, a restaurant, one-to-two stories of penthouse condos, and "4,000 square feet of community space" to be able to build more on the site.  The church itself will remain intact as the lobby and restaurant area.

While the developer Brian Friedman wouldn't name the hotel brands that he was working with, the reporter surmises it could be an Edition Hotel.

Interestingly, the building behind the church currently houses the Washington City Paper which is fitting for the Edition Hotel brand.

However, Lee W is psyched that:

Either way, DC might finally get an actually cool hotel!

Ooh did you hear that Donovan House?

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Marriott and Schrager Announce Edition Hotels, Now With Video!

| March 3, 2008 at 11:12 AM | 0 Comments

Edition Hotels was formally announced this past January at the ALIS conference in Los Angeles and Marriott has created a news video on the event and uploaded it to YouTube. (Notice their customized page!)

There's nothing much new here that we haven't heard before about Edition Hotels but we do see a lot. Bill and Ian both speak on camera and are extremely excited about the project. Btw, Ian has found a perfect tan shade. And Marriott's Chief Financial Officer Arne Sorenson gets some screen time to talk about the planned nine locations and expects half of the Edition Hotels to be outside of the U.S.

The developers of Edition Paris and Edition Chicago also speak out, (the young one uses the word "synergy!) which makes us wonder if these two will be the first to open.

Then there's just a lot of party shots. Marriott threw a pretty swank party at the Ace Gallery in Beverly Hills with Cristal champagne, caviar on ice blocks, exotic flower arrangements and servers and bartenders pretty enough to work in some of Ian's hotels.

We can't tell if it's because we actually heard Bill Marriott talk instead of blog or if we just like a good party, but now we're excited again about Edition Hotels. (Which after the logo reveal was much-needed.) Now, if only we could jump in our time-travel machine to 2010.

Thanks John!