South Korea exceeded pre-pandemic levels in April, welcoming more than two million international visitors. Plus, more hotel deal and development news from APAC.
IOI Properties Group plans to launch a real estate investment trust seeded with assets valued at about US$1.9 billion. Plus, hotel deal and development news.
International hotel chains including Hilton, Marriott and IHCL are ramping up expansion across India and Southeast Asia with major deals. Plus, other hotel development news.
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.
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.
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.
Lemon Tree Hotels' shares went on a roller coaster ride, jumping 4% on Wednesday on reports that private equity firm Warburg Pincus is on the way to acquiring a meaningful stake in the company. Plus, other hotel deal news.