Thai Hotel Empire Weighs $1 Billion REIT, Unit IPO to Cut Debt
Minor International Pcl — Thailand’s largest hotel and restaurant chain operator — plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt…
read more
Philippines hospitality major to build largest hotel in Cambodia
Serving a shot in the arm to the Kingdom’s tourism sector, a hospitality major in the Philippines is all set to construct the largest hotel in Cambodia.
read more
Tata backs Indian Hotels growth
Tata Sons, the holding company of the Tata group, where Indian Hotels is the group's key tourism business, is to launch a new hotel investment platform
read more
The big chains are dominating Asia’s hotel pipeline
Travellers across Asia Pacific will soon find even more familiar hotel brands and loyalty perks, thanks to a dramatic rise in brand expansion by global operators.
read more
Living in a hotel – the rise of branded residences
Changing lifestyles, global migration patterns – and plenty of wealthy people – are fuelling the demand for standalone properties built and managed by luxury hotels and consumer brands
read more
Philippines’ Ayala Land To Spend $500 Million To Expand Hotel Footprint Amid Tourism Boom
Ayala Land—controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Corp., the Philippines’ oldest conglomerate—will spend $500 million to almost double its hotel rooms by 2030 to ride the tourism boom…
read more
Japanese chefs head to rural hotels to research and craft new dishes
Japan’s largest travel agent, JTB Corporation, has unveiled plans to dispatch chefs to small- and medium sized accommodations in regional areas in a bid to tap international visitors’ growing interest in Japanese cuisine…
read more
Asian capital continues European push
Hospitality investors and operators from Asia are continuing to reshape the hotels and leisure landscape in Europe, pursuing diversification while expanding successful concepts on the continent.
read more
Hotel franchising set to grow in the Middle East and Asia
Hotel franchising is expected to grow in popularity in the Middle East and Asia. In Southeast Asia, the number of hotels operating under franchise agreements has doubled from three percent in 2014 to six percent in 2024, says a report by JLL. While…
read more
Review of 2024: The year in APAC hospitality deals
The appeal of hospitality has driven a surge in transactions across Asia-Pacific in 2024, with JLL forecasting that the region will reach a record $12.2 billion in hotel deals by year end…
read more
Why brand repositioning requires careful scrutiny
Selecting the right brand as part of a hotel repositioning can change the asset’s future in a fundamental way, but plenty of nuance remains around brand choice, delegates heard at the IHIF Asia.
read more