May 9, 2024 – PORTSMOUTH, NH As seen in the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms. This new all-time high represents a 7% year-over-year (YOY) increase in projects and a…
November 13, 2023 – PORTSMOUTH, NH In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, continued to show steady year-over-year (YOY) growth to end the third quarter of 2023 at 1,929 projects/398,199 rooms, up 3% by projects YOY. Projects currently under construction in the…
May 17, 2023 – PORTSMOUTH, NH As seen in Lodging Econometrics’ (LE’s) most recent Asia Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline. The region currently has 943 projects under construction, with 213,900 rooms, and 300 projects…
The emerging IHG Hotels & Resorts’ brand reaches milestone in just five years of its first-ever hotel opening Launched in 2018, voco hotels has quickly become the fastest-growing brand within IHG Hotels & Resorts’ Premium collection with properties in 18 countries and new-to-market hotels opening in Japan, Kenya, Spain and India. With 46 open hotels…
Aiden doubles portfolio of boutique hotels as the brand launches in Scandinavia and India Phoenix, Arizona (January 23, 2023) – BWH Hotel Group® is expanding its upscale, chic boutique brand, Aiden, as the brand is set to grow by over 200% in the years ahead with the portfolio doubling in 2023 alone. Highlights of the brand…
BETHESDA, Md., Jan. 23, 2023 /PRNewswire/ — At the Americas Lodging Investment Summit (ALIS) in Los Angeles, Marriott International, Inc. (Nasdaq: MAR) announced that the company’s deal signings accelerated again in 2022. The company signed an average of two deals a day, for a total of 726 management and franchise agreements, an increase of 21 percent over 2021…
THE NEW BRAND LAUNCHES WITH AN IMMEDIATE FOOTPRINT OF 12 COMMITTED HOTELS AROUND THE WORLD; PROPERTIES WILL CONNECT GUESTS WITH THE CHARM, CHARACTER, AND WARMTH OF THEIR HOTELIERS PARIS, Jan. 19, 2023 /PRNewswire/ – Accor, a world leading hospitality group, today announced an exciting new addition to the Group’s unparalleled network of brands: Handwritten Collection, a global portfolio of…
• Singapore, South Korea, Hong Kong SAR, Japan and Thailand led the surge as the most popular destinations for air travelers • Across-the-board growth also witnessed in searches for visa applications over the past few months • Busier season ahead as Spring Festival approaches, with Trip.com Group warming up for a peak in outbound travel after almost three years of border…
BANGKOK, Dec. 7, 2022 /PRNewswire/ — Today, Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, released findings from a new global survey on consumer sentiment on social media content of travel brands and traditional travel influencers. Kimpton polled more than 4,000 people from Australia, Japan, the U.K. and the U.S. and found an overwhelming need for more…
Sydney’s first new-build and internationally-branded luxury hotel since the Olympics
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