Banyan Group Nears 100-Hotel Milestone
Skift Take
Banyan Group will soon hold the opening of its 100th hotel. Marriott is entering Laos. Plus, more hotel deal and development news.
The Macau Grand Prix attracted 116,000 spectators this year. This is the city's most well-known international event, now in its 72nd edition. This year it saw a 15% annual increase in spectators.
Marriott International will enter Laos next year and launch a Hindi-language website in India, the latest step in its expansion in the Asia region. Marriott recently announced the Series by Marriott brand is entering India as well as its entry into Mongolia, with the AC Hotels by Marriott Ulaanbaatar expected to open in 2027. Marriott told Skift that India leads Marriott's APEC growth in terms of volume, but Japan is one of the strongest markets in APEC, thanks to its inbound tourism boom and rising hotel investment. They recently opened their JW Marriott by Tokyo, their 116th hotel in Japan. In 2012, Marriott had just 12 hotels in the country. By the end of this year, they expec
