Hotel101 Becomes First Filipino Company to List on Nasdaq
Asian hospitality updates: Macau hotel occupancy rises, new openings in China/Japan, casino developments across region.
Vietnam
Centara Hotels Accelerates Five-Star Expansion Strategy
By expanding its exclusive Centara Grand and Centara Reserve brands, the group is advancing its goal to be a top 100 hotel company worldwide by 2027. And other hotel news.
Vietnam to Get $1.6 Billion Coastal Resort and New Five-Star Hotel
Vingroup Corporation started construction of Lang Van resort at the foot of Hai Van pass (DaNang, Vietnam) with an investment capital reported at about $1.6 billion USD.
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.
India International Visitor Spending Hits Record High
International tourism revenue in India soared to $36.8 billion in 2024, marking a 9% increase above pre-pandemic levels.
Hilton Signs Two Hotels at Delhi International Airport
Hilton announces partnership with Delhi International Airport Limited to open Waldorf Astoria and Hilton Hotels at GMR Aerocity.
RJJ Hotels Partners with Jin Jiang for Southeast Asia Growth
Fliggy forecasts strong Dragon Boat Festival travel rebound while Accor transforms Shanghai's Peace Hotel into Raffles.
Leela Owner Schloss Bangalore Cuts IPO Size Before May 26 Listing
The Leela owner, Schloss Bangalore’s IPO dreams are still alive, but not as grand as before.
Hadiprana Family Launches Hospitality Company in Indonesia
Tanah Gajah in Bali is one of four properties unveiled by Puri Hadiprana under the new Hadiprana Hospitality brand.
Dusit Thani Misses Filing Deadline as Family Dispute Escalates
The heirs of Dusit Thani’s founder refused to approve audited 2024 financial statements, delaying auditor appointments and triggering a trading suspension.