Carnation Hotel Private Limited

International hotel chains including Hilton, Marriott and IHCL are ramping up expansion across India and Southeast Asia with major deals. Plus, other hotel development news.

1 Hotel Tokyo, the brand’s first property in Japan, is set within the Akasaka Trust Tower. Plus more hotel deal and development news.

Warburg Pincus will buy APG's 41% stake in Fleur Hotels and invest $106M for growth as Lemon Tree restructures into two platforms. Plus, more hotel deal and development news.

Macau's hotels had 10.9 million guests in the first nine months of the year, reflecting flat year-on-year growth. Plus, more hotel deal news.

Japan's Seibu Holdings will acquire NY-based Ace Group International for $90M, gaining 8-hotel portfolio including NYC, Kyoto, Brooklyn, Athens locations plus creative agency Atelier Ace. Plus more hotel deal and development news items.

Marriott International is expanding its luxury portfolio with new brand extensions, experiential travel offerings, and over 260 properties in development, solidifying its leadership in high-end hospitality.

Wyndham Hotels & Resorts, the largest U.S.-based hotel company in China, has signed nearly 600 franchise agreements and opened almost 300 hotels in China over five years.

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

Kamah Hotels & Resorts has partnered with Wyndham Hotels & Resorts in a $70 million deal to develop four new hotels in Dubai and India, focusing on luxury and wellness hospitality under the Trademark Collection by Wyndham brand.

Singapore's hotel market is thriving with high-end travelers and strong occupancy, while Hong Kong is focusing on budget-conscious visitors as its luxury sector struggles to recover.