IHG Hotels & Resorts

Accor will operate three new hotels in Fiji under its Sofitel, The Sebel, and TRIBE brands. Plus more hotel deal and development news from APAC.

Marriott International has formally entered into a joint venture with the Leali family, founders of Lefay. Plus, more hotel deal and development news.

Ayala Land set to open Mandarin Oriental's first Manila property since 2014. Plus, more hotel deal and development news from APAC.

CoStar expects demand growth to continue across all price points, with luxury outperforming and the high-end customer showing no pushback on higher ADRs. Plus, more hotel deal and development news.

Major hotel groups are betting a domestic tourism boom in India can withstand a broader consumer spending slowdown and stock market slump. Plus, more hotel deal and development news from APAC.

Jefferies described its NYU/NAREIT meetings as being among the most constructive in recent memory. Plus, other hotel deal and development news.

A Ritz-Carlton, Westin, and JW Marriott are among the properties Marriott plans to open in Nepal. Plus, more hotel deal and development news from APAC.

Lotte Hotels & Resorts is moving away from direct ownership of overseas hotels in favor of management contracts. Plus, more hotel deal and development news from APAC.

Some takeaways from Truist include that the hotel transaction market is finally showing actual signs of thawing, instead of being talked about. Plus, more hotel deal and development news.

APA Group's goal is to double its overseas hotel room count to 10,000 and increase revenue by more than 30% by fiscal year 2030. Plus, more hotel deal and development news from APAC.