Sofitel

Asia-Pacific

India to Add One Million Hotel Rooms by 2029

India's organized hotel industry is set to exceed 3 million rooms by 2029, driven by religious tourism, rising incomes, infrastructure projects, and major airport developments.
North America

Hilton Adds 2 Properties in Maui

Hilton is expanding on Maui with a new Hampton Inn & Suites opening in April and the conversion of Maui Seaside Hotel into a Tapestry Collection by 2026.
Asia-Pacific

India's Hotel Rates May Rise Over 8% in 2025

Hotel room rates in India are expected to rise significantly in 2025 due to strong travel demand, limited new supply, and inflationary pressures, with predictions ranging from a 7% to 15% increase across segments.
North America

Grand Hyatt Is Having a Global Moment

Grand Hyatt is rapidly expanding and enhancing its global portfolio, with over 10 new hotels opening by 2027 and extensive renovations across existing properties to meet the evolving needs of luxury travelers.
North America

Global Hotel Transactions Reach $42 Billion Q3

Global hotel investments are booming, with a 13% RevPAR increase, high cross-border deals, and $42.1B in transactions, driven by strong demand for luxury and select-service hotels.
Asia-Pacific

Wyndham to Soon Open 300th Franchise in China

Wyndham Hotels & Resorts, the largest U.S.-based hotel company in China, has signed nearly 600 franchise agreements and opened almost 300 hotels in China over five years.
Asia-Pacific

Hilton Sets APAC Target of 1,000 Properties

Hilton plans to double its focused service presence in Asia Pacific by expanding its mid-market hotel portfolio to over 1,000 properties, with ongoing regionalized brand initiatives and franchising expansion in key markets.
Asia-Pacific

Marriott Opens a Second St. Regis in Shanghai

Marriott's St. Regis brand has opened its 60th global property, The St. Regis on the Bund, Shanghai, offering luxury accommodations, butler service, and multiple dining and wellness amenities.