The Indian Hotels Company Ltd

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.

Alan Woinski | 20 hours ago

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.

Alan Woinski | 7 days ago

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.

Alan Woinski | 3 weeks ago

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.

Alan Woinski | 4 weeks ago

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.

Alan Woinski | 1 month ago

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.

Alan Woinski | 1 month ago

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.

Alan Woinski | 2 months ago

Asia-Pacific

Growth Disparity in Asia-Pacific Hotel Markets

CoStar's STR reports uneven growth across Asia-Pacific markets in 2024, with Japan and Vietnam showing the strongest potential for continued growth.

Alan Woinski | 2 months ago

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.

Alan Woinski | 2 months ago

Asia-Pacific

India Leads Asia Pacific Hotel Growth

India is poised to lead Asia Pacific's hotel market in 2024, with record-breaking hotel investments and signings, particularly in Tier-2 cities.

Alan Woinski | 2 months ago