The Indian Hotels Company Ltd

Asia-Pacific

Oravel Stays Completes G6 Acquisition

OYO has acquired G6 Hospitality from Blackstone and will focus on growing and enhancing the Motel 6 and Studio 6 brands through technology integration, property upgrades, and expanded distribution, while maintaining existing agreements and leadership changes.
Asia-Pacific

Singapore Hotels Hit 80% Occupancy Rates

Singapore hotels maintain high occupancy rates despite rising costs, smaller room sizes, and surging prices, with future growth expected to slow due to limited new supply.
Asia-Pacific

Minor Plans to Float a REIT in 2025

Minor International plans to reduce $7 billion in liabilities by launching a real estate investment trust, while expanding its global hospitality portfolio, including new ventures in Japan and Singapore.
Asia-Pacific

Oberoi Group Family Drama Continues

The Oberoi family is embroiled in a legal dispute over the hotel company’s board and inheritance, with Anastasia Oberoi challenging her step-siblings over a contested will from 2021.
Asia-Pacific

Hilton and Juniper Opening Bengaluru Properties

Hilton and Juniper Hotels are expanding their presence in Bengaluru with new hotel acquisitions and developments, offering upscale accommodations and extensive amenities in key city locations.
Asia-Pacific

Ascott and Jin Jiang Form China-Focused Joint Venture

Ascott and Jin Jiang Hotels have formed a joint venture to expand their apartment hotel brands in China, aiming to grow Quest and Tulip LODJ across upscale and midscale segments.
Asia-Pacific

Marriott Opens a Second St. Regis in Shanghai

Marriott's St. Regis brand has opened its 60th global property, The St. Regis on the Bund, Shanghai, offering luxury accommodations, butler service, and multiple dining and wellness amenities.
Asia-Pacific

Philippines Adds 40,000 Hotel Rooms

Leechiu Property Consultants reported 158 new hotel projects across the Philippines, adding 40,084 rooms, with full recovery in foreign arrivals expected by 2026, generating PHP250 billion in investments and 57,000 jobs.
Asia-Pacific

Macau Expects Fewer Visitors for China's Golden Week

China's Golden Week started with 96,671 visitors to Macau on Monday, and despite last year's high numbers, the tourism office predicts a lower daily average of 100,000 arrivals from October 1-7.