Hilton calls for “new normal” in travel to re-establish international mobility at WTTC
Alan Watts, President, Asia Pacific of leading global hospitality company Hilton recently attended the World Travel & Tourism Council (WTTC) Global Summit 2022 held in Manila, the Philippines, from 20-22 April 2022.
Le Meridien Hotels and Resorts launches the “Nouveaux Horizons” campaign across Asia Pacific starring super model Barbara Palvin
“We are delighted to launch the Le Méridien ‘Nouveaux Horizons’ campaign with Barbara Palvin who embodies the brand’s chic, wanderlust lifestyle,” said Jennie Toh, Vice President Brand Marketing and Management, Marriott International Asia Pacific.
Knight Frank Survey reveals strong appetite for Malaysian Hotel investment with 64% of respondents looking to increase their exposure.
James Buckley, Executive Director Capital Markets, Knight Frank Malaysia, says “We do expect to see an increasing number of hotel transactions over the next 24 months.
Quality Resort and Spa Patong Beach Phuket Opens as portfolio expands across Southeast Asia
Choice Hotels Asia-Pac, with La Vie Hotels and Resorts, introduce Quality Resort and Spa Patong Beach. Trent Fraser, CEO of Choice Hotels Asia-Pacific said the groups expansion into Thailand was an exciting step for the franchise group. The upscale resort located in the heart of Patong Beach,...
Marriott set to quadruple portfolio in Vietnam with pipeline of 30 Hotels
Marriott International, Inc. announces plans to expand its portfolio in Vietnam, to add nearly 9,000 rooms including Ritz-Carlton Residences, Marriott Hotels, Westin, and Courtyard by Marriott. “Vietnam experienced impressive pre-pandemic economic growth driven in part by coordinated development...
Rebound in Asia Pacific Hotel Investment Signals Sector’s Growing Appeal as Inflation Hedge: CBRE
Asia Pacific hotel investment staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The sector’s steady rebound was underpinned by a growing volume of capital seeking to increase their exposure to the sector, according to the latest CBRE research.
Leading designer boutique hotel collection Ovolo announces the promotion of Dave Baswal to Chief Executive Officer, allowing Founder and Executive Chairman Girish Jhunjhnuwala to focus on branding, development, and strategic growth of the business.
Leading designer boutique hotel collection Ovolo announces the promotion of Dave Baswal to Chief Executive Officer Ovolo Hotels allowing Founder and Executive Chairman Girish Jhunjhnuwala to focus on branding, development, and strategic growth of the business.
Pro-invest Group and Next Story Group announce joint venture to launch Vista Hospitality Group Australasia
The joint venture brings together Next Story Group that owns, license and manage the Next, Ink, Sage and Country Comfort brands across Australia Pro-invest Group Asia Pacific’s largest hotel investment and acquisition specialists with $2billion assets under management and development including...
Oakwood Continues Strong Asia Pacific Growth with Oakwood Hotel Cheongju South Korea
The signing of Oakwood Hotel Cheongju in South Korea signals Oakwood’s strong growth momentum in Asia Pacific, which is on track with over 20 openings in 2022.