Asset World Public Company Limited

Nepal hotels are complaining they are not seeing the deluge of reservations they would expect at this time of year. Asset World Public Company Limited signed a hotel management agreement with IHG to launch the Kimpton Pattaya and further demonstrate confidence in Thailand’s tourism industry. ANA Holdings and IHG ANA Hotels Group Japan signed a comprehensive commercial agreement.

Thailand celebrated the arrival of its 10 millionth international visitor of 2022 on Saturday, according to the tourism authority. Accor signed its first multiple-property framework agreement with Asset World Corporation , Thailand’s leading integrated lifestyle real estate group. Hyatt Hotels Corporation announced Hyatt Place Chengdu Bio-Town, the second Hyatt Place hotel in Chengdu .

STR reported China hotel RevPAR results for the week ended September 10. RevPAR was down -12.3% year over year while down -29.3% when compared with a comparable week in 2019. Hong Kong hotels have been told to set aside just eight or 3% of their rooms, whichever is lower, to house travelers who test positive for Covid, raising the risk of insufficient space for infected people if the easing of travel curbs come into effect. Asset World Public Company Limited said they are strengthening their long term partnership with Marriott International with an agreement to launch a new Ritz-Carlton hotel in Bangkok’s heritage riverside district.