Hilton, Marriott and IHG sign hotels across Asia-Pacific, including Marriott's debut of The Luxury Collection in Cambodia and Laos. 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.
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Plus more deal and development news.
December 2024 saw strong RevPAR growth across Asia Pacific, with Vietnam, Japan, Thailand, and India leading the region, signaling a positive trend for 2025.
YOTEL opened its first Japanese hotel in Tokyo’s Ginza and plans further growth across Asia and the Middle East, while The Standard launched its Singapore property offering stylish rooms, a rooftop pool, and signature dining.
Brookfield Asset Management is planning to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts, which represents the largest-ever foreign investment in the Indian hospitality sector.