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.
Goldman Sachs launched a $500 million Japan-focused fund targeting hotels and other assets, with plans to close by the end of March. Plus, more hotel deal and development news.
JLL recently increased its 2025 forecast for Vietnamese hotel investment volume by 25% to $125 million, reflecting a strong belief in the market’s growth. Plus, more hotel development news.
Choice Hotels launches MainStay Suites in Australia with seven hotels planned, marking the brand's first expansion outside North America. Plus, more hotel deal and development news.
Japan's Seibu Holdings will acquire NY-based Ace Group International for $90M, gaining 8-hotel portfolio including NYC, Kyoto, Brooklyn, Athens locations plus creative agency Atelier Ace. Plus more hotel deal and development news items.