Marina Bay Sands

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

Marina Bay Sands Completes Latest Phase of Reinvestment Plan

Marina Bay Sands in Singapore launched a new brand vision, "Above Beyond," as part of a $1.75 billion transformation to elevate its hospitality, including revamped suites, expanded butler services, and upgraded facilities across its three hotel towers.

Alan Woinski | 3 weeks 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

Singapore’s Marina Bay Sands Is Getting Even Bigger

Las Vegas Sands increased the Marina Bay Sands expansion budget to US$8 billion for a new fourth tower with its own casino, luxury suites, arena, and more, with construction starting in mid-2025 and opening in 2031.

Alan Woinski | 1 month ago

Asia-Pacific

Asia’s Largest Hard Rock Hotel Will Open in Malaysia

Asia's largest Hard Rock Hotel will open in 2027 at Genting Highlands' King's Park, featuring 1,001 rooms and various amenities as part of a larger entertainment and business district project.

Alan Woinski | 2 months ago

Asia-Pacific

Bangladesh Hotels Face Booking Slump Amid Unrest

Luxury hotels in Bangladesh are facing a nearly 90% drop in guests and significant financial losses due to unrest, curfews, and travel warnings, with near-zero bookings reported for late July and August.

Alan Woinski | 4 months ago

Asia-Pacific

Doubletree by Hilton Reaches 100 Hotels in Asia Pacific

Hilton's Doubletree by Hilton brand has surpassed 100 properties in the Asia Pacific region, with significant expansions in Indonesia, Japan, India, and China, and plans for nearly 80 more properties to support their goal of exceeding 1,000 hotels in the region next year.

Alan Woinski | 5 months ago

Asia-Pacific

Seoul Plans a Floating Hotel

Seoul plans to develop floating office and hotel buildings with leisure facilities on the Han River by 2030 to enhance the river's potential and attractiveness.

Alan Woinski | 7 months ago

Asia-Pacific

Marriott Rebrands 7 HMI Hotels in Japan

Marriott International and HMI Hotel Group are rebranding seven HMI properties across five major Japanese cities to align with global hospitality trends.

Alan Woinski | 7 months ago

Asia-Pacific

Fosun Explores Selling a Stake in Club Med

Fosun International was reported by Reuters to be exploring the sale of a minority stake in Club Med, targeting a valuation of US$800 million for the whole business. Reuters said Fosun has been in discussions informally with potential buyers and advisors about the sale but no firm bid has emerged.

Alan Woinski | 10 months ago