Marriott signed a deal with Deicorp to bring AC Hotels to Sydney's Hyde Metropolitan tower, with 104 rooms opening in late 2027. Plus, more deal and development news.
The Indian hotel industry saw a 4.8% RevPAR growth in 2Q24, with Hyderabad leading the gains, while Mumbai hotels topped in occupancy, ADR, and RevPAR, despite a dip in overall occupancy due to summer vacations and reduced corporate travel.