APAC Hotel Operators Expect Modest Profit Growth in 2026
IHG Hotels & Resorts has opened Holiday Inn & Suites Sapporo Odori Park in Japan. Plus, other hotel news items.
QT Hotels
Thailand Hotel Investment to Grow This Year, Says JLL
Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.
Oberoi Family Fight Hasn't Stopped Hotel Growth
EIH Ltd plans to build new hotels in Pune and London, while facing a legal family dispute over the company.
Oyo in Talks to Raise up to $90 Million
Oyo is seeking to raise $80-$90 million from InCred's family offices at a reduced valuation to pay off debt and refile for an IPO.
Accor to Debut 400 Movenpicks in China
China hotel RevPAR up 40.6% YoY, surpassing decline from a year ago.
Philippines reaches 3 million international visitor arrivals, tourism receipts increase by 502%.
Accor's partnership with Sunmei Group plans to open over 400 Movenpick by Accor hotels in China.