CapitaLand Investment

Asia-Pacific

Hilton Opens 100th Garden Inn in China

Hilton has opened its 100th Hilton Garden Inn in Greater China and plans to expand into cities like Shanghai, Tianjin, Chengdu, Suzhou, and tourist destinations such as Zhangjiajie and Huangshan by 2025.

Alan Woinski | 2 days ago

Asia-Pacific

CapitaLand Deals Underscore Japan’s Hospitality Boom

Tokyo Tatemono and The Ascott Limited will launch SEN/KA TOKYO, marking The Crest Collection's debut in Japan in 2029, while CapitaLand's strategic investments in Japanese hospitality signal robust growth opportunities.

Alan Woinski | 1 week ago

Asia-Pacific

Minor Expands Its Asia Strategy

Minor Hotels Group aims to expand to over 1,000 hotels globally by 2028, focusing on Asia, especially China and India, through an asset-light strategy and franchising.

Alan Woinski | 4 weeks ago

Asia-Pacific

Melbourne Hotels See Lift From Major Concerts

Melbourne's hotel performance in October surged due to concerts by Olivia Rodrigo and Coldplay, the Melbourne Marathon, and Melbourne Fashion Week, with occupancy, ADR, and RevPAR reaching record highs.

Alan Woinski | 1 month ago

Asia-Pacific

Ascott and Jin Jiang Form China-Focused Joint Venture

Ascott and Jin Jiang Hotels have formed a joint venture to expand their apartment hotel brands in China, aiming to grow Quest and Tulip LODJ across upscale and midscale segments.

Alan Woinski | 2 months ago

Asia-Pacific

Hyatt Has a New Joint Venture to Help Boost China Presence

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.

Alan Woinski | 2 months ago

Asia-Pacific

Philippine Hotel Pipeline Reaches 40,000 Rooms

The 2024 Philippines Accommodation Pipeline Report reveals 158 accommodation projects with 40,084 rooms in development, with Luzon leading, followed by Visayas and Mindanao, which is noted as an underserved market.

Alan Woinski | 3 months ago

Asia-Pacific

Vietnamese Hotels Face Occupancy Woes 

Vietnam's hotel industry is struggling due to slow tourism recovery, oversupply, and poor planning, despite near pre-pandemic room rates and increased interest in lifestyle and focused service hotels.

Alan Woinski | 4 months ago

Asia-Pacific

Fitch Upgrades Its APAC Outlook

Fitch Ratings revised its 2024 outlook for APAC lodging to improving from neutral due to robust recovery in travel and RevPAR in 1Q24, anticipating strong rebound in China's outbound tourism to support overall APAC hotel occupancy and growth.

Alan Woinski | 6 months ago

North America

Ritz-Carlton Expands to Mexico’s Caribbean Coast

The Ritz-Carlton brand will make its debut on Mexico's Caribbean coast with The Ritz-Carlton Residences, Riviera Maya, featuring 127 residences, with sales and construction starting this year and the first phase debuting in 2026.

Alan Woinski and Kim Woinski | 6 months ago