Minor Hotels

Asia-Pacific

APAC Hotel Management Terms Rise to 17 Years on Average

The Hotel Management Contract Survey 2024 by JLL and Baker McKenzie found that the average term of hotel management agreements in Asia Pacific increased to 17.4 years, with varying durations by market, declining base fees, rising sales and marketing fees, and a growing focus on performance-based incentive fees and termination provisions.

Alan Woinski | 2 weeks ago

Asia-Pacific

Asia Pacific Hotel Outlook Mixed for Next Year

JLL's latest survey forecasts mixed fortunes for the Asia Pacific hotel sector in 2024/2025, with optimism in North, South, and Southeast Asia, caution in Australasia and Greater China, and varied expectations for revenue, occupancy, and Capex investments.

Alan Woinski | 2 weeks ago

Asia-Pacific

Banyan Tree Debuts in Japan

Banyan Group has launched its first Banyan Tree hotel in Japan, located in Kyoto, and plans further expansion with four additional properties in development.

Alan Woinski | 4 weeks ago

Asia-Pacific

Asia-Pacific’s Record Hotel Pipeline – Minus China

India, Vietnam, Indonesia, Thailand, and Japan lead this quarter’s hotel construction pipeline in the APEC region. China doesn’t make an appearance.

Alan Woinski | 1 month ago

Asia-Pacific

Vietnamese Hotels Face Occupancy Woes 

Vietnam's hotel industry is struggling due to slow tourism recovery, oversupply, and poor planning, despite near pre-pandemic room rates and increased interest in lifestyle and focused service hotels.

Alan Woinski | 1 month ago

Asia-Pacific

Manila's Newport World Resorts to Get $170 Million Upgrade

Alliance Global Corp plans to spend nearly $170 million this year, mainly on upgrading facilities at Newport World Resorts and developing Westside City.

Alan Woinski | 2 months ago

Asia-Pacific

Two New Casino Resorts Planned for Manila

Tycoon Manuel Villar Jr. plans to open his first casino in Manila by 2025, investing $1 billion in two integrated casino resorts, with the first located at Vista Mall Global South in Las Pinas and the second in the Villar City development.

Alan Woinski | 2 months ago

North America

Hilton Beefs Up Its Luxury Portfolio

Hilton is dramatically expanding its portfolio of luxury hotel experiences with the addition of nearly 400 boutique properties from the Small Luxury Hotels of the World collection.

Alan Woinski and Kim Woinski | 2 months ago

Asia-Pacific

Indonesia Is 17% Below Its 2019 Level of Foreign Visitation

In May, Indonesia saw a 20.1% year-over-year rise in foreign tourist arrivals to 1.15 million, with hotel occupancy reaching 54%, the highest since December 2023.

Alan Woinski | 3 months ago

Asia-Pacific

Hilton Promises Increased China Investment

Hilton will increase investment in China, continuing rapid expansion as their fastest-growing international market with 671 hotels and a strong pipeline of new properties.

Alan Woinski | 3 months ago