According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the Asia Pacific excluding China (APEC) increased 4% year-over-year (YOY) and closed 2023?s fourth quarter with a record-high 1,977 projects and 402,156 rooms.
India's hospitality industry has witnessed a growth of 15.8% in RevPAR from October to December (Q4 2023) over the same period last year.
Titled 'Hospitality – The Engine for GDP Growth and Employment', the daylong conference will be attended by hospitality professionals, including hotel owners and CEOs, policymakers and professionals from all across the country.
The opening marks the first Novotel property in Cambodia. Located directly on Independence Beach, the 215-key features views over the Gulf of Thailand, four dining options, and family-friendly facilities.
With its prime location on Philip Street, the 86 Room Sebel Sydney Martin Place emerges from its multi-million-dollar refurbishment.
Indian Hotels Company (IHCL) this week announced the signing of its first hotel in Dibrugarh, Assam under the Ginger brand. The hotel is a Greenfield project on a fully fitted lease.
CBRE's Australia Capital Flows report tracks investment across the office, industrial, retail, hotel and living sectors. It highlights Japanese buyers snapped up just over $2 billion in Australian assets last year, well up on the $140 million invested in 2022.
![Pictured is [L-R]: Kenneth Macpherson (IHG Hotels & Resorts), Heather Balsley (IHG Hotels & Resorts), Kazunori Takeda (Rakuten Group), Yoshiyuki Takano (IHG Hotels & Resorts).](https://www.nevistas.com/ul/4/2024/02/07/325_17073226384002.webp)
IHG Hotels & Resorts (IHG) yesterday announced that they have signed a memorandum of understanding (MoU) with Rakuten Group Inc.'s travel reservation service Rakuten Travel, a leading online travel agency in Japan, to collaborate on a seamless travel booking experience linking the two companies' loyalty programs
IHG Hotels & Resorts has announced a management agreement with Yuvaan Developers Private Limited for Holiday Inn Guwahati in India?s North-East region.
Located on the iconic Calangute Baga Road in north Goa, Ronil Goa has a legacy of more than 35 years.
The cooperation aims to drive the expansion of hotels under Hyatt's Independent Collection and select service brands in China and foster the strategic development of The Dragon Group and its hotel brands.
Weekly Hotel Industry Asia Pacific News Roundup from HVS
TFE Hotels announced the signing of the WMK-designed, Adina Apartment Hotel Chermside Brisbane, a new build hotel set to open in 2025.
The 81 guest rooms and suites, ranging from 42 to 238 square meters, are arranged to offer views of the peaceful central courtyard, the gardens of the neighboring Toyokuni Shrine, or the city panorama of treetops, temples, tea shops, and rooftops.
Set in the Sosei East neighborhood, where the cultural heritage is as present as ever, Hotel Sosei Sapporo exalts Japanese tradition while integrating discreet touches of modernity and character.
InterContinental Hotels & Resorts has made its debut in New Zealand's largest city with the opening of InterContinental Auckland.
Weekly Hotel Industry Asia Pacific News Roundup from HVS
With over two decades of experience, Candice joins Hilton from Marriott International, where she most recently served as vice president of Luxury Brand Management and Marketing for Europe, Middle East, and Africa.
The ibis Budget Windsor and adjoining development land have been listed for sale amid strong demand for accommodation investment opportunities in the 2032 Olympics host city.
Located at 39 Malcolm Street Mansfield, the 14,280sqm hotel and business is available with vacant possession and has a price expectation of circa $11 million. The sale includes an on-site ski hire operation with a large inventory of modern ski and snow equipment and daily tours on offer to guests throughout the ski season.
Indian Hotels Company (IHCL) announced the signing of a third hotel in Ayodhya, Uttar Pradesh. The brownfield project will be branded as an IHCL SeleQtions hotel.
Oracle Hospitality OPERA Cloud selected as a property management platform to support Marriott International properties
In addition to 120 guestrooms and 30 tent villas, the hotel will feature private beach access, a beach club and swimming pool, as well as an all-day dining restaurant, a bar, a gym, a kids club, meeting rooms, a spa and wellness centre.
In 2023, Hotelogix rolled out a series of feature updates to enhance user experience and streamline hotel operations. These updates include the rollout of Version 2.5 of the Hotel PMS. With improved UI elements, a sleek look, simple workflows, and intuitive navigation, the PMS has become simpler, better, faster, and smarter.
IHG Hotels & Resorts announced the signing of its sixth Vignette Collection property in Thailand, a beachfront resort along Nai Yang Beach in Phuket.