Choice Hotels Asia-Pac is adding two Ascend Collection properties in Australia through established owner-operators. Plus, more hotel deal and development news from APAC.
JLL said investments in India's hotel sector increased 58% year-over-year to US$185 million in the first quarter of 2026. Plus, more hotel deal and development news from APAC.
Accor opened its 800th hotel in China and plans to add 800 more in five to six years, focusing on midscale and premium brands. Plus, more hotel deal and development news.
Wyndham Hotels had a better than expected fourth quarter in 2025, while Choice Hotels reported results in line with analyst expectations. Plus, the sector's hotel and development news.
Prism, the parent company of Oyo, has received shareholder approval to raise up to INR 66.5 billion (US$744 million) through a fresh issue of equity shares as part of its proposed initial public offering. Plus, other hotel news.
The 1,921-room Hilton Union Square, the city’s largest hotel, and the 1,024-room Parc 55 are expected to be sold to an unidentified buyer. Plus more hotel and development news.
Scandic Hotels will manage Dalata's hotels in the UK and Ireland, expanding the group outside of Scandinavia. And more hotel deal and development news.