Accor opened its 800th hotel in China and plans to add 800 more in five to six years, focusing on midscale and premium brands. Plus, more hotel deal and development news.
Tokyo, Japan, unveiled a plan to overhaul its accommodation tax system, replacing the current flat-rate structure with a percentage-based model. In most cases it will boost what people pay. Plus, more hotel development news.
Accor said its strategic growth in Asia continues with a diverse pipeline of more than 230 hotels representing close to 60,000 keys in development. Plus more hotel deal news.
HVS Anarock issued a report on Northeast India, saying the region is poised for significant hospitality growth. Plus more hotel deal and development news.