Sun Group and Marriott plan 10 new hotels in Vietnam, bringing W and Moxy brands to the country for the first time. Plus, more hotel deal and development news.
Radisson Hotel Group signs six hotels in India, Fiji and Tajikistan, as the Philippines moves to abolish its departure travel tax. Plus, more hotel deal and development news.
Indian Hotels Company announced a new Tajhotel in Ayodhya, set to open in 2026 with 300 rooms, luxury villas, extensive amenities, and event space, expanding IHCL’s footprint in Uttar Pradesh to 31 hotels.
TPG Angelo Gordon, in partnership with Kenedix, is purchasing the Grand Nikko Tokyo Daiba hotel from Hulic Co. for $691 million as part of its strategy to invest in opportunistic real estate in Asia.