STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.
Marriott International’s Ritz-Carlton is presenting a newly elevated experience at The Ritz-Carlton Club across its Asia Pacific hotels, joining a successful launch in Mainland China last summer.
Hanwha Hotels & Resorts signed a memorandum of understanding with Lodgis Hospitality Holdings to forge a strategic partnership to mutually boost each of their hotel and resort portfolios.
New Zealand’s Sotheby’s International Realty is listing an exclusive Queenstown development site, expected to sell for more than $40 million.