Hyatt Plans 90 Asia Pacific Hotels Over 5 Years
Asia hotels report: India down 20% because of spring jitters. Across APAC, Hyatt, Hilton, and IHG expand with 90+ properties.
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Six Senses CEO Neil Jacobs Steps Down After 13 Years
Neil Jacobs is stepping down as CEO of Six Senses. After 13 years in the role, he is setting out on a new adventure. Plus, APAC hotel development news.
Wyndham Opens 100th Days Inn Property in China
The 100th property in China is the Days Inn by Wyndham Shantou Jinping. Plsu, more hotel development news.
Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
Ascott Limited Expands Crest Collection Across East Asia and Middle East
The Crest Collection expands globally with new properties like Le Clef Bangkok and first Saudi Arabia location in 2028.
KSL Capital Partners Takes Majority Stake in Soneva
Small private equity firm KSL Capital Partners took a majority interest in sustainable luxury hotel brand Soneva.
Hilton Brings Tru Brand to Asia Pacific with Vietnam Openings
Hilton partners with ROX Group to open the first Tru by Hilton properties in Vietnam, marking the brand’s Asia debut.
Philippines Reports Decline in Tourist Arrivals for Early 2025
Sri Lanka tourism hits 900,000 arrivals in early May, while Galaxy Entertainment soft-launches Capella at Galaxy Macau with 36 villas.
Thailand Hotel Investment to Grow This Year, Says JLL
Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.
Hilton to Open a Nomad in Singapore
Hilton partners with UOL Group to bring the first NoMad hotel to Singapore, opening on Orchard Road in 2027.