OYO Hotels

Asia-Pacific

OYO Grows in Rajasthan and Sets Overseas Operations Hub in Jaipur

OYO is rapidly expanding in Rajasthan, setting up a back office in Jaipur to support U.S. and European operations, with daily bookings of 1 lakh customers in India and overseas.

Alan Woinski | 13 hours ago

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 | 3 weeks ago

North America

Skyline Investments Sells Courtyard Hotels Across the U.S.

Skyline Investments sold 11 Courtyard by Marriott hotels in the U.S. for $101 million, retaining ownership of three other Courtyard properties, which are up for sale.

Alan Woinski and Kim Woinski | 2 months ago

Asia-Pacific

Hilton Plans Asia Pacific Expansion

Hilton plans to double its mid-market hotel presence in Asia Pacific, aiming for over 1,000 properties by expanding its Hilton Garden Inn and Hampton by Hilton brands.

Alan Woinski | 2 months ago

Asia-Pacific

Leela Owner Files for an IPO

Schloss Bangalore, owner of The Leela hotel chain, has filed for a US$599 million IPO to fund expansion and debt repayment, with Morgan Stanley, BofA Securities, JPMorgan, and Citi managing the issue.

Alan Woinski | 3 months ago

North America

OYO to Buy Motel 6 from Blackstone for $525 Million

OYO is acquiring G6 Hospitality from Blackstone for $525 million, adding 1,500 U.S. and Canadian locations while keeping Motel 6 and Studio 6 brands independent.

Alan Woinski and Kim Woinski | 3 months ago

Asia-Pacific

Singapore, Hong Kong Hotel Markets Competition Intensifies

Singapore's hotel market is thriving with high-end travelers and strong occupancy, while Hong Kong is focusing on budget-conscious visitors as its luxury sector struggles to recover.

Alan Woinski | 3 months ago

North America

Marriott Drops Sonder a Lifeline

Marriott International has entered a long-term licensing agreement with Sonder Holdings to add over 9,000 rooms to its portfolio under a new "Sonder by Marriott Bonvoy" collection, contributing to a projected 2024 net room growth of 6-6.5%.

Alan Woinski and Kim Woinski | 4 months 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 | 4 months ago

Asia-Pacific

Capella Hotels to Open First Resort in Taiwan

Capella Hotels announced the opening of Capella Kenting, a world-class resort in Southern Taiwan, set for 2028, featuring Taiwan's largest hotel rooms and extensive luxury amenities.

Alan Woinski | 4 months ago