Centara Hotels and PTT Oil plan six budget hotels at Thai service stations, while IHG debuts Garner brand in Greater China. Plus, more hotel deal and development news.
Service Properties Trust priced a $500 million public offering while Blackstone acquired Stanly Ranch through foreclosure. Plus, more hotel deal and development news.
Companies like Centara Hotels & Resorts are reporting forward bookings, particularly from Europe, as showing signs of hesitation with travelers either postponing trips or seeking closer-to-home alternatives. Plus, hotel development news.
New Zealand drew 1.79 million holiday arrivals in 2025, up 12% from 2024 but still about 9% below 2019 pre-pandemic levels. Plus, Marriott expands in China and other hotel deal and development news.
Sun Group and Marriott plan 10 new hotels in Vietnam, bringing W and Moxy brands to the country for the first time. Plus, more hotel deal and development news.
CBRE Hotels' Robert Webster called this the second best buying opportunity of his career, as the Hunter conference buzzed with transaction optimism. Plus, more hotel deal and development news.