Wyndham Garden

Wyndham Grand Bangsar Kuala Lumpur announced its grand opening. The former Pullman Kuala Lumpur Bangsar was converted to Wyndham Grand, marking the first Wyndham Grand hotel in Malaysia. The hotel, located in the heart of Bangsar, includes 513 rooms, 200 of them twin rooms, with the standout features being the hotel’s event spaces. Those include […]

Cushman & Wakefield released its Hotels – Checking Out boutique neighborhood hotels in mainland China report. The National Bureau of Statistics and China Tourism Academy reported that in the first half of the year, the total number of domestic tourists reached 2.384 billion. This was up 929 million year over year and represents annual growth […]

The DJIA fell 69 points while Nasdaq was up 29, the S&P 500 was up a point and the 10-year treasury yield jumped another .07 to 4.63%. Lodging stocks were mostly higher on the day. The only big mover was AINC, to the downside by another -12% to another new low. STR reported US lodging data for the week ended September 23. US hotel RevPAR […]

The DJIA fell 361 points while Nasdaq was down 157, the S&P 500 fell 52 points, and the 10-year treasury yield rose another .04 to 4.22%. Lodging stocks were lower. BHR traded down to a new low. Bernstein downgraded their rating on Marriott International to Market Perform from Outperform. They raised their price target to $218 from $204. Bernstein also upped their price target on Hyatt to $147 […]

STR reported China hotel RevPAR for the week ended April 29 was up 138.2% year over year. It was up against an easy -48.4 comp. When compared with the same week in 2019, hotel RevPAR was up 1.1%. The Association of Macao Tourist Agents said the first Labor Day holiday after lifting all Covid curbs had […]

ONYX Hospitality Group has signed a business alliance agreement with Walton Asset Management Co., Ltd. to manage Shama Luxe Sukhumvit Bangkok. The luxury serviced apartment is located in the heart of Bangkok. Onyx said this signing is an important milestone as they launch the Shama Luxe brand into the luxury serviced apartment market. The Shame Luxe Sukhumvit offers 52 […]

An HVS Anarock report on the Indian hotel market shows the number of hotel rooms in tier-II and tier-III cities increased to 38% of the total inventory at the end of 2022 from 33% four years ago. The share of hotel rooms in metros went down to 19% during the same period. In 2022, 166 new […]