IHG Debuts Garner Brand in Thailand
Skift Take
IHG Hotels & Resorts is expanding its presence in Thailand by introducing its new brand, Garner, and aiming to double its hotel portfolio in the country.
STR reported China hotel data for the week ended August 24th. China hotel RevPAR for the week was down -4.1% year over year. Last week's RevPAR results were up against a tough +50.4% comp in the year-ago week. For the week, China hotel occupancy was up 2.5%, while ADR was down -6.4% year over year.
Accor has signed partnership renewal agreements for more than 40 hotels in Australia, comprising 5,500 keys. Accor Pacific partners have also invested more than $450 million in hotel renovations and refurbishments since the beginning of 2022. Its 40th renewal was with Silversea Investments, a long-term franchise agreement that will see significant investment to refurbish Novotel Sydney Parramatta and Mercure Sydney Parramatta which will be rebranded to Novotel Sydney Rosehill upon completion of the renovation. Trilogy Hotels now manages the hotels. The Sunshine Coast's premier five-star hotel, Sofitel Noos
