Las Vegas Sands’ $3.3 Billion Singapore Expansion

• Cushman & Wakefield reported significant growth in China’s hotel industry, with domestic tourism on the rise and strong performance in the hotel market.
• Las Vegas Sands is embarking on a $3.3 billion expansion project in Singapore, while Wyndham Hotels & Resorts is expanding in Vietnam, including a massive complex on Bai Dai beach.
• Fine Acers Hotels and Resorts Pvt Ltd is partnering with Wyndham Hotels & Resorts to open a luxury Wyndham Grand Hotel & Branded Residences in Amer, Jaipur, India.

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 […]