The Korea-based hotel operator plans to grow its overseas portfolio to 55 hotels and resorts by 2029. Plus, more hotel deal and development news from APAC.
New York hotels see average daily rates rise 38% on World Cup match days. Marriott will exit W South Beach ahead of Reuben Brothers renovations. Plus, more hotel development news.
Marriott International signed a strategic agreement with CG Hospitality Global to introduce Series by Marriott in China. Plus, more hotel deal and development news from APAC.
Scheduled to open in late 2027, W Apartments Cleveland will let renters sign as tenants of units at the Erieview Tower. Plus, more hotel deal and development news.
JLL said long-term owners are holding onto trophy properties, creating a tight luxury hotel investment market in Thailand. Plus, more hotel deal and development news from APAC.
Sunstone Hotel Investors agreed to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for $279 million. Plus, more hotel deal news.
IHG is growing voco and Crowne Plaza in Thailand and plans to introduce Ruby and Noted Collection. Plus, more hotel deal and development news from APAC.
Silks Hotel Group, Leofoo Tourism Group, and FDC International Hotels Corp are each expanding through different business models. Plus, more hotel deal and development news from APAC.