Salter Brothers

Marriott International announced the signing of a multi-property agreement with Masterise Group to develop four hotels in Vietnam. Plus, more hotel development news.

New hotel openings include Hilton's Slackline Moab, Hyatt Place Bozeman and Sonesta's Dry Creek Inn; Shamin breaks ground on 270-room Virginia project.

Japan recorded 21.5 million foreign visitors in first half of 2025, breaking previous record of 17.78 million in 2024.

The Leela owner, Schloss Bangalore’s IPO dreams are still alive, but not as grand as before.

Thailand’s tourism ministry is maintaining its forecast for foreign tourist arrivals at 38 million for 2025.

Accor joins hotel groups across Asia in expanding their portfolios in Taiwan, Singapore, Malaysia, India, and Japan.

Hilton has achieved 1,000 hotels in Asia Pacific ahead of its 2025 goal, with plans to double its portfolio and expand significantly in Greater China and Southeast Asia.

Hilton reported a solid earnings report yesterday and said full year APAC RevPAR was up 587% versus 2022. It also said Beijing, Tokyo and Kuala Lumpur were standout markets for them.

China's hotel Revenue Per Available Room (RevPAR) increased by 46.5% for the week ending November 25, 2023, compared to a 2.2% increase year-over-year but was down 2.8% compared to 2019. Curio Collection by Hilton is set to reach its 150th opening by the end of 2023, with 19 new properties, including 10 first-in-market hotels, such as in Kenya, Vietnam, Monaco, Australia, Argentina, and Curacao. Courtyard by Marriott Bangkok Suvarnabhumi Airport opened on December 1, being the largest in Thailand with 468 rooms and multiple dining options.

The Ritz-Carlton hotels in Melbourne and Perth are being sold for approximately $500 million, attracting bids from wealthy Australians and offshore investors. Salter Brothers has purchased the Sofitel Adelaide Hotel for $154 million, marking a significant hotel transaction in Adelaide. The Interlude , an urban wellness retreat, has opened in Melbourne 's Pentridge prison, featuring unique design elements like an underground swimming pool.