The Korea-based hotel operator plans to grow its overseas portfolio to 55 hotels and resorts by 2029. Plus, more hotel deal and development news from APAC.
Indonesia’s state investment agency has launched a plan to consolidate state-owned enterprise hotels under InJourney. Plus, more hotel deal and development news from APAC.
Marriott International signed a strategic agreement with CG Hospitality Global to introduce Series by Marriott in China. Plus, more hotel deal and development news from APAC.
JLL said long-term owners are holding onto trophy properties, creating a tight luxury hotel investment market in Thailand. Plus, more hotel deal and development news from APAC.
IHG is growing voco and Crowne Plaza in Thailand and plans to introduce Ruby and Noted Collection. Plus, more hotel deal and development news from APAC.
Silks Hotel Group, Leofoo Tourism Group, and FDC International Hotels Corp are each expanding through different business models. Plus, more hotel deal and development news from APAC.
Hilton said the deals underscore confidence in Hilton Garden Inn - Gen A, a prototype built for the China market. Plus, more hotel deal and development news from APAC.