IHG Plans Aggressive Growth in India and Vietnam
Photo Credit: Rendering of Moire Hoi An, Vignette Collection. IHG Hotels and Resorts
Skift Take
IHG Hotels and Resorts is expanding aggressively in Vietnam and India, aiming to significantly grow its luxury, premium, and midscale hotel portfolios across key destinations.
The latest data from Macau's Statistics and Census Service said Macau's MICE sector continues to drive non-gaming revenue, generating MOP4.48 billion (US$557 million) in the first three quarters of 2024. That number is up 5.4% from 2023. The number of MICE events in Macau rose by 29.8% year on year to 1,011 during the first nine months of 2024, reaching 94% of the pre-pandemic levels, an additional 232 events compared to the same period last year. Meetings and conferences drove the gains, up 30.2% to 943 events, with the number of participants growing by 12.7%, reaching 136,000. The exhibition segment only had 40 events with a 21.7% drop in attendees to 856,000.
Marriott International announced the launch of its 100th property in Japan, the Four Points Flex by Sheraton Osaka Umeda. This opening celebrates the entry of the Four Points Flex by Sheraton brand not only in Japan but the whole Asia Pacific region outside of China. Marriott has partnered with global i
