CoStar said Phu Quoc's hotel occupancy exceeded 90% in early 2026, closing the gap with Southeast Asian rivals Bali and Phuket. Plus, more hotel deal and development news.
Meanwhile, Truist forecasts mid and upper-end U.S. hotel RevPAR growth of 2% to 4%, above Wall Street consensus, while upgrading Airbnb. Plus, more 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.
Mirae Asset will build a 261-room JW Marriott in Yeosu, South Korea, as part of a marine tourism complex opening in 2029. Plus, more hotel deal and development news.
IHG's Garner brand hits 100 hotels globally while Wyndham's Trademark Collection tops 100 U.S. properties, as Fusion Hotel Group changes hands. Plus, more hotel deal and development news.
IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.
In India, Wyndham is preparing for its next leg of India growth, with 55 hotels in the pipeline and "up to 95" open. Plus, more hotel deal and development news.