Alila Sengokuhara Hakone is scheduled to open in 2028 as part of an agreement with Fujita Corporation. Plus, more hotel deal and development news from APAC.
The Chambers Hotel New York in Midtown Manhattan has reopened as a fully independent boutique hotel after a brief period as a Sonder property. Plus, more hotel deal and development news.
New York hotels see average daily rates rise 38% on World Cup match days. Marriott will exit W South Beach ahead of Reuben Brothers renovations. Plus, more hotel development news.
IHG is growing voco and Crowne Plaza in Thailand and plans to introduce Ruby and Noted Collection. Plus, more hotel deal and development news from APAC.
Major hotel groups are betting a domestic tourism boom in India can withstand a broader consumer spending slowdown and stock market slump. Plus, more hotel deal and development news from APAC.
Colliers expects the overall US lodging demand to grow at 1.3%, mostly on pricing power rather than occupancy. Plus, other hotel deal and development news.
Sixth Street has acquired the Park Hyatt Beaver Creek Resort & Spa, a 193-key resort in Colorado, for $176 million from Braemar Hotels & Resorts. Plus, more hotel development news.