Condo Hotel Brand Hotel101 Goes Public on Nasdaq
We have our first Filipino lodging stock trading in the U.S. as Hotel101, which went public via a merger with a SPAC.
Latest News
Six Senses CEO Neil Jacobs Steps Down After 13 Years
Neil Jacobs is stepping down as CEO of Six Senses. After 13 years in the role, he is setting out on a new adventure. Plus, APAC hotel development news.
Hyatt to Sell Playa’s Real Estate Portfolio
Hyatt sells $2B Playa resort portfolio to Tortuga, partly backed by private equity firm KSL. Plus: Goldman exits $100m Greek project.
Hotel101 Becomes First Filipino Company to List on Nasdaq
Asian hospitality updates: Macau hotel occupancy rises, new openings in China/Japan, casino developments across region.
Canadian Hotel Performance Soars as Global Brands Expand Presence
Canada hotels gain 5.3% RevPAR in May; multiple hotel deals, acquisitions, renovations & new openings across North America and Europe.
Mint House Announces Expansion Into Washington, D.C
Mint House announced its expansion into Washington, D.C., with the grand opening of its newest property, and other hotel development news.
North Korea Opens Wonsan Kalma Coastal Tourist Zone
North Korea tourism is a topic again. China hotel RevPAR down 7.7% YoY. Thailand faces more tourist cancellations. Macau hotel sold. And more hotel news.
Marriott Vacation Clubs Announces Expanded Benefits
Abound by Marriott Vacations exchange members now gain access to more than 8,000 Marriott hotels worldwide.
Megaworld Signs Philippines Hotel Deal With Accor
In the Philippines, Megaworld Corporation announced an agreement with Accor to improve its local hotel operations.
Exclusive Resorts Takes Controlling Interest in Onefinestay
Exclusive Resorts reached a strategic agreement with Accor to take a significant minority stake in the French hotel giant’s OneFineStay luxury vacation rental brand.
Centara Hotels Accelerates Five-Star Expansion Strategy
By expanding its exclusive Centara Grand and Centara Reserve brands, the group is advancing its goal to be a top 100 hotel company worldwide by 2027. And other hotel news.
Many Would-Be Hotel Buyers Are in a Wait-and-See Mode
The latest CBRE U.S. Hotels State of the Union report reveals a modest recovery in hotel performance, plus more hotel development news from Peachtree and other leaders.