Singapore

Asia-Pacific

Radisson to Open About 15 Hotels in India This Year

Radisson Hotel Group plans to open a new hotel in India every 20 days, aiming for widespread presence including religious destinations, with 180 hotels and 13,700 rooms in operation and in the pipeline.
Asia-Pacific

Oyo in Talks to Raise up to $90 Million

Oyo is seeking to raise $80-$90 million from InCred’s family offices at a reduced valuation to pay off debt and refile for an IPO.
Asia-Pacific

Japan’s RevPAR Impresses Despite Yen Depreciation

Japan’s hotel business has seen impressive RevPAR growth over the past 15 months due to a late post-pandemic reopening, high inflation, international demand, and a depreciating yen – all despite minimal return of Chinese travelers.
Asia-Pacific

Banyan Tree to Run Singapore Rainforest Resort

The Mandai Rainforest Resort, an eco-friendly resort operated by Banyan Tree and featuring 338 rooms including unique treehouses, is set to open in Singapore in early 2025, following delays due to the Covid-19 pandemic.
Asia-Pacific

IHG Plans to Run 100 Hotels in India by 2029

IHG Hotels & Resorts plans to double its presence in India to 100 hotels over the next five years, expanding in key cities and introducing the InterContinental brand in Telangana by 2029.