JLL advises on landmark sale of Faarufushi Maldives resort
Maldives Faarufushi Maldives resort sold by JLL Hotels & Hospitality Group. The property was sold vacant possession and as the new owner, Emerald Collection will take-over all operations.
Asia Pacific hotel investment to top $7 billion in 2021, growing to $9 billion in 2022 - JLL
According to JLL Hotels & Hospitality Group, healthy transaction volumes will continue into next year, with the industry expected to attract a minimum of US$9 billion in capital in 2022. “The Asia Pacific hotels industry is well primed for an investment resurgence that will gather momentum...
Former Pro-invest trio target Asia Pacific hotel recovery cycle with new investment platform H-PEP
New private equity real estate firm seeking to raise USD 500 million for Asia Pacific hotel acquisition opportunities. Leading hotel industry investment executives Phil Kasselis, Luke Sullivan and Ed Faraguna have joined forces to create a private equity real estate firm, H-PEP (Hospitality...
Oakwood Debuts in Japan’s Fabled UNESCO World Heritage Destination with Oakwood Hotel Oike Kyoto
Oakwood announced the opening of Oakwood Hotel Oike Kyoto, reinforcing its commitment to double its global portfolio of managed properties by 2025. “Following the success of Oakwood’s operations in Tokyo and Yokohama, we are delighted to make our market entry into Kyoto, which is one of the...
Hilton announced the opening of DoubleTree by Hilton Putrajaya Lakeside, its first DoubleTree by Hilton hotel in Putrajaya. Owned by Indaman Putrajaya Sdn Bhd, the 290-room hotel is managed by Hilton.
Hilton announced the opening of DoubleTree by Hilton Putrajaya Lakeside
Hilton announced the opening of DoubleTree by Hilton Putrajaya Lakeside, its first DoubleTree by Hilton hotel in Putrajaya. Owned by Indaman Putrajaya Sdn Bhd, the 290-room hotel is managed by Hilton.
Radisson Hotel Group Appoints Evelyn Wong Soo Pin as new VP of Finance, Tax & IT, Asia Pacific
Radisson Hotel Group Appoints Evelyn Wong Soo Pin as new VP of Finance, Tax & IT, Asia Pacific. “It gives me great pleasure to welcome Evelyn to Radisson Hotel Group.” said Katerina Giannouka, President, Asia Pacific, Radisson Hotel Group.
Hilton today announced that Paul Hutton has been appointed to the position of Head of Australasia, while Alexandra Murray will take on the role of Head of Southeast Asia.
Hilton Announces New Leadership in Australasia and Southeast Asia
Hilton today announced that Paul Hutton has been appointed to the position of Head of Australasia, while Alexandra Murray will take on the role of Head of Southeast Asia.
Cedric Nubul is General Manager for the upcoming Hilton Singapore Orchard, set to be Hilton’s flagship and largest hotel in Asia Pacific opening in January 2022.
Cedric Nubul Appointed as General Manager of Hilton Singapore Orchard
Cedric Nubul is General Manager for the upcoming Hilton Singapore Orchard, set to be Hilton’s flagship and largest hotel in Asia Pacific opening in January 2022.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.