Vietnam is expected to have 25 million tourists in 2025, up from 17.6 million last year, and it's been building hotels to keep up. Plus, other hotel development news.
Hyatt Place Butwal opened in western Nepal with 109 guestrooms, marking the third Hyatt-branded hotel in the country. Plus, more hotel deal and development news for APAC.
Horwath HTL reported New Zealand hotel market grew 10.7% in RevPAR in September, the highest since December 2023. Plus, more hotel deal and development news.
The Ascott Limited announced its Citadines hotels portfolio has surpassed 200 hotels with plans to open another 20 under the upper-midscale brand by the end of 2026. The launches include Citadines on the Pier Hobart in Australia, Citadines…
Sultan of Brunei reportedly bids $2 billion for Pierre Hotel, threatening IHCL's Taj brand management contract. Plus other hotel deal and development news.