Hilton announced it will make eight new luxury and lifestyle brand debuts in new markets across Asia Pacific this year. Plus, more hotel deal and development news.
Canada's hotel industry reported a third consecutive month of year-over-year performance increases. Dolce by Wyndham is expanding its U.S. footprint with three new hotels. Plus, more hotel deal and development news.
Macau is showing resilience. Thai-listed Minor International is seeking to list a REIT in Singapore before year-end. Plus, more hotel deal and development news.
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.
Barclays believes in the American exceptionalism thesis, expecting U.S. RevPAR momentum to override international weakness this year. Plus, hotel deal and development news.
IOI Properties Group plans to launch a real estate investment trust seeded with assets valued at about US$1.9 billion. Plus, hotel deal and development news.