Parkroyal Collection

Strong passenger demand, in-person events, and positive industry momentum are driving business travel growth, with global passenger demand up 9.1%, hotel occupancy nearing 70%, and steady travel demand expected through the next quarter.

Las Vegas Sands’ Marina Bay Sands in Singapore’s expansion plans received another increase. Marina Bay Sands said they launched the second phase of its significant reinvestment program.

Nepal hotels are complaining they are not seeing the deluge of reservations they would expect at this time of year. Asset World Public Company Limited signed a hotel management agreement with IHG to launch the Kimpton Pattaya and further demonstrate confidence in Thailand’s tourism industry. ANA Holdings and IHG ANA Hotels Group Japan signed a comprehensive commercial agreement.