Accor opened its 800th hotel in China and plans to add 800 more in five to six years, focusing on midscale and premium brands. Plus, more hotel deal and development news.
Accor opened its 800th hotel in Greater China as Vietnam's hotel market gains ground on rivals like Phuket across Asia. Plus, more hotel deal and development news.
Horwath HTL says Bali hit 6.95 million international arrivals in 2025 while Genting Singapore's resort expansion targets 2030. Plus, more hotel deal and development news.
The 508-room Marriott in Stamford, Connecticut, was purchased for $15 million, less than the $31 million when it last traded in 2018. Plus, more hotel deal news.
Mandarin Oriental Hotel Group announced its entry into South Korea with the development of a new luxury hotel in Seoul, set to open in 2030. Plus more deal and development news.
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.