Accor

Hyatt and China Resources Land have formed a joint venture to expand Hyatt’s hotel presence across Greater China, focusing on asset-light growth and developing several new and existing properties.

Australians are traveling in record numbers in 2024, with significant growth in both outbound and inbound tourism, particularly between Indonesia, Japan, and China.

Hilton plans to double its mid-market hotel presence in Asia Pacific, aiming for over 1,000 properties by expanding its Hilton Garden Inn and Hampton by Hilton brands.

China's Golden Week started with 96,671 visitors to Macau on Monday, and despite last year's high numbers, the tourism office predicts a lower daily average of 100,000 arrivals from October 1-7.

Hotel rates in the top U.S. markets have risen significantly, with higher-end hotels raising prices the most, affecting travelers' choices on destinations and trip duration.

Schloss Bangalore, owner of The Leela hotel chain, has filed for a US$599 million IPO to fund expansion and debt repayment, with Morgan Stanley, BofA Securities, JPMorgan, and Citi managing the issue.

Marriott International opened its 50th property in Malaysia, the Penang Marriott Complex, featuring three hotels, while announcing plans to shift six Samhi Hotels in India to managed operations by October 2024.

Wyndham launches its first U.S. Registry Collection Hotel with the renovated Mining Exchange in Colorado Springs, offering 128 rooms, dining, a spa, an art gallery, and 15,000 square feet of event space.

Hilton plans to significantly expand its luxury hotel portfolio in Asia Pacific, aiming to surpass 150 properties by partnering with Small Luxury Hotels of the World and introducing new luxury brands to the market.

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.