New Four Seasons Properties in Dalian, China and Okinawa, Japan
Photo Credit: A rendering of the indoor pool at the Four Seasons Dalian. Four Seasons Hotels
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The all-new Four Seasons Hotel Dalian is the first international luxury brand to open in the Chinese city in the past decade, while the forthcoming property in Okinawa will open in 2027.
Macau saw an increase in the number of operating hotels in January of 16, totaling 141. The total number of available guest rooms grew by 20.4% year over year to 46,000. The average occupancy rate rose 14.5 percentage points year on year to 85.9% with the number of guests in hotel establishments rising by 55.7% year on year to 1,320,000. That was an increase of 7.4% compared to January 2019.
Asset World Corp outlined plans to invest in projects estimated at US$1 billion this year. This year, 18 new projects valued at US$528 million are set to launch in Thailand. The ventures include retail development, restaurants and three hotels. AWC is expecting RevPAR in Thailand this year to top 2019 levels even with a slight year-over-year ADR drop expected. AWC has 22 hotels totaling 6,029 rooms, under brands from nine international hospitality groups such as Marriott, Accor, Hilton, Melia, IHG, and Okura. Awaiting shareholder approval is the potential development of a
