Accor to Double China Hotel Count to 1,600 Within 6 Years
Accor opened its 800th hotel in China and plans to add 800 more in five to six years, focusing on midscale and premium brands. Plus, more hotel deal and development news.
Kota Kinabalu
Warburg Pincus to Acquire APG's Fleur Hotels Stake
Warburg Pincus will buy APG's 41% stake in Fleur Hotels and invest $106M for growth as Lemon Tree restructures into two platforms. Plus, more hotel deal and development news.
Hyatt Signed 21 Deals in India and Southeast Asia in 2024
Major hotel chains including Hilton, Hyatt, IHG, and Dusit International are rapidly expanding their presence across Asia Pacific.