Radisson Individuals

Asia-Pacific

Marina Bay Sands Completes Latest Phase of Reinvestment Plan

Marina Bay Sands in Singapore launched a new brand vision, "Above Beyond," as part of a $1.75 billion transformation to elevate its hospitality, including revamped suites, expanded butler services, and upgraded facilities across its three hotel towers.

Alan Woinski | 3 weeks ago

Asia-Pacific

China’s Golden Week May Exceed Expectations

Golden Week saw a significant boost in tourism in China, with passenger trips and travel orders surpassing pre-pandemic levels, reflecting growing confidence in the economy.

Alan Woinski | 2 months ago

North America

CBRE: Hotel Performances Vary Worldwide

CBRE’s 2024 Global Hotels Midyear Outlook highlights modest RevPAR growth in the U.S., strong resilience in Northern Latin America, slower growth in Europe with luxury outperforming, rising occupancy in the Middle East, and increased air travel boosting Asia Pacific markets.

Alan Woinski and Kim Woinski | 2 months ago

North America

Hyatt to Buy Standard International’s Brands

Hyatt Hotels announced plans to acquire Standard International's brands and affiliates, creating a new lifestyle group led by Amar Lalvani, with a $150 million base purchase and potential additional payments.

Alan Woinski and Kim Woinski | 3 months ago

North America

Hyatt Regency Orlando Could be Sold for $1 Billion

Hyatt is set to sell the Hyatt Regency Orlando for approximately $1.02 billion to Ares and RIDA Development, with Hyatt retaining a preferred equity interest and a 30-year management agreement.

Alan Woinski and Kim Woinski | 3 months 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 | 4 months ago

Asia-Pacific

Hyatt in Talks to Buy Standard International 

While The Standard International gets ready to open its first StandardX property, it's also in advanced stages as a takeover target by Hyatt.

Alan Woinski | 4 months ago

Asia-Pacific

Thailand Extends Hotel Fee Waiver to Boost Tourism

Thailand's cabinet extended a waiver on operating fees for hoteliers for two more years to support the tourism sector's recovery from Covid-19.

Alan Woinski | 5 months ago

Asia-Pacific

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.

Alan Woinski | 6 months ago

Asia-Pacific

Hotel Franchising Doubles in Southeast Asia

A new report says that hotel franchising is rapidly expanding in Southeast Asia, providing local hotel owners significant growth opportunities despite market challenges.

Alan Woinski | 7 months ago