IOI’s Lee brothers join Asian billionaires in S’pore hotel building spree
Lee Yeow Chor and Lee Yeow Seng among at least 10 Asian billionaires investing over RM20.6 billion to build new hotels across the island state…
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Forbes: Asia’s billionaires ramping up hotel investments in Singapore
At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state…
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Real estate mogul Jeffrey Soffer has waited 23 years for this moment. On Dec…
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Sonesta to Build Luxury Development with Two Hotels in Dominican Republic
A massive new multi-use development featuring two Sonesta hotels is coming to the Dominican Republic. Sonesta has partnered with CLERHP, a leading Spanish and Latin American real estate development firm, to build Larimar City & Resort…
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Plans to develop £20m aparthotel in Belfast
Northern Irish developer Lotus Property is set to open a £20m aparthotel in Belfast in 2025. The site, on the city's Wellington Place, was formerly offices for HMRC but was acquired by Lotus in 2020…
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Hilton brand set to expand by over a quarter
Hilton Worldwide’s flagship brand, Hilton Hotels & Resorts, is due to grow by around 27% over the next few years, according to the group’s latest figures…
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Sonesta Announces Larimar City & Resort, a New Luxury Development in the Dominican Republic
Sonesta International Hotels Corporation (Sonesta) today announced plans for Larimar City & Resort, a new multi-use development that marks the company's entry in the Dominican Republic…
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Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026
With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion…
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Mukesh Ambani’s company Reliance Industries has joined hands with the luxury hotel chain Oberoi Hotels, with their new project set to compete with Taj Hotels.Billionaire Mukesh Ambani, in an effort to advance his company’s portfolio, has signed a…
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9 Bold Marriott Moves To Be In The ‘Right Places At The Right Times’
One of the largest hospitality companies in the world is continuing to grow and evolve as market conditions change. Post-pandemic, people are working, traveling and vacationing in new ways…
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Indian hotel industry is on a tipping point of foreign institutional investments
The founder and CEO of NOESIS Capital Advisors, who’s spearheaded over a dozen hotel transactions in the last few years, analyses the reasons for India.
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Omni to make US$1.5 billion hotel investment
Texas-based Omni Hotels & Resorts is set to reinvest US$1.5 billion in its portfolio of properties over the next five years…
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US billionaire to bring ultra-luxury Baccarat hotel to Australia
SH Hotels & Resorts, the highly environmentally conscious global hotel chain backed by billionaire US investor Barry Sternlicht – founder of Starwood Hotels – has plans to bring its ultra-luxury Baccarat brand to Australia, as part of a major…
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Scandic to expand Signature Collection in Norway and Denmark
The hotels are already part of Scandic’s pipeline and will open in 2025 in Tromsø, Norway, and in 2026 in Aarhus, Denmark…
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Three chain scales hit record-high project counts in the global pipeline at Q2
As of the conclusion of the second quarter, there are a total of 6,154 projects comprising 1,108,498 rooms currently in the construction phase worldwide…
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Banyan Tree Spreads Its Roots, Doubling Number Of Brands And Adding New Markets
Hospitality veteran Ho Kwon Ping is reinventing his family-controlled luxury hotel company to cater to more guests at different price points, moving beyond its home market of Asia.
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The 7 Essential Ingredients to Dominate the Hotel Groups Market
Hotels that invest in solutions that enhance the traditional sales and catering system attract and close the most profitable opportunities
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New World Hotels and Resorts unveils its strategic development plan
New Worlds Hotels and Resorts is planning to reach a total of 18 operating hotels by the end of 2023, while two more are slated to open in 2024…
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