IHG Debuts Lifestyle Brand Atwell in Greater China
Skift Take
IHG debuted Atwell in China. In India, it has 17 Holiday Inn Express hotels with another 21 in the works. Plus, more hotel deal news.
In observance of the Labor Day Holiday in the United States, there will be no Daily Lodging Report – Asia Pacific on Monday, September 1, 2025.
STR reported China hotel data for the week ended August 23rd. China hotel RevPAR was down 1.5% year-over-year, up against a decline of 4.1% in the year-ago week. The decline last week was mostly occupancy, down 1.4% while ADR fell 0.1%, both year-over-year.
CapitaLand Ascott Trust said it acquired three freehold rental housing properties in Japan for a total of JPY4 billion or S$34.2 million. The 56-unit Splendide Namba West and 48-unit Pregio Esaka South are in Osaka, while the third, the 85-unit Pre de Cort Nishikyogoku, is in Kyoto. The acquisition was funded by proceeds from CLAS’ divestment of Citadines Karasuma-Gojo Kyoto in October 2024 and JPY-denominated debt. Post-acquisition, CLAS will have 33 assets in Japan, comprising two se
