Marriott International will introduce its City Express by Marriott brand to the Asia Pacific region, with the first hotels in Japan next year. 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.
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Plus more deal and development news.
The heirs of Dusit Thani’s founder refused to approve audited 2024 financial statements, delaying auditor appointments and triggering a trading suspension.