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…
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Minor Hotels’ remarkable global expansion
In October 2018, Minor Hotels made a transformative leap into the global hospitality landscape with the €2.3 billion ($2 billion at the time) acquisition of Madrid-based NH Hotel Group. This ambitious move added 385 upscale and luxury properties…
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Hong Kong politician Bunny Chan swoops down on Tin Hau’s Whitfield Hotel at 30% discount
Bunny Chan, who is a deputy to the National People’s Congress, and Paggy Chan, are the new owners of Twenty One Whitfield.
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APEC hotel openings and pipelines hit new highs in 2024
As the region continues its upward trajectory, India, Vietnam, and Indonesia lead the way, setting the stage for further growth in the coming years.
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