IHCL and Oriental Hotels Limited Announce Merger
IHCL will absorb associate company OHL via an all-stock deal at 25 IHCL shares per 117 OHL shares, folding in seven hotels and 825 rooms, with completion targeted in H2 FY2028.
Development
IHG Hotels & Resorts signs landmark 14-hotel portfolio deal in Japan
IHG and GCP Hospitality have signed a 14-hotel, 1,063-room conversion deal in Kyoto, one of Japan's largest such portfolio agreements, anchored by 12 Garner hotels converting over the next 12 months.
Fusion Hotel Group Announces Integration of Ayola and Odua Brands from Topotels Hotels & Resorts
Fusion Hotel Group integrates Topotels' seven Indonesian midscale properties under the Ayola and Odua brands, expanding its footprint across Jakarta, Bandung, and Surabaya.
Recent Announcements
MoreIHG Hotels & Resorts Expands in the Taiwan Market with New Hotel Signings and Enhances Digital Member Services
IHG signs five new hotels in Taiwan, including the market debut of HUALUXE, and launches a LINE MINI App for its 160M-member IHG One Rewards program.
Shilla Stay Signs Accommodation Partnership for World Youth Day Seoul 2027
Shilla Stay signed an MOU with the WYD Seoul 2027 Local Organizing Committee to provide accommodations and hospitality services for bishops, delegations, and dignitaries attending the global Catholic gathering in Seoul.
Major redevelopments approved for Ashfield Hotel and Hurstville Ritz Hotel
Sonnel Hospitality secured DA approvals for $11M and $4M redevelopments of Ashfield Hotel and Hurstville Ritz Hotel, with works anticipated to commence from 2027.
Asia Pacific, Excluding China, Hotel Construction Pipeline Reaches Record Highs at the Close of Q2 2026; Plus, New 2028 Forecast
Lodging Econometrics reports APEC's hotel construction pipeline hit a record 2,506 projects and 452,972 rooms in Q2 2026, with India leading at 1,033 projects, up 36% YOY.
United Hospitality Management Accelerates India Expansion with Three New Hotel Signings with IHG Hotels & Resorts
UHM signs three IHG-branded hotels in India totalling 182 keys, bringing its India portfolio to 24 properties as it targets 100+ hotels across the country.
China: 1,100+ New Hotel Openings Forecast for 2026; Hotel Conversions Hit Record High
China's Q2 2026 pipeline holds 3,588 projects and 632,256 rooms, with 1,131 new hotel openings forecast by year-end and conversions hitting a record 245 projects.
HVS Asia Pacific Hospitality Newsletter - Week Ending 31 July 2026
Deals span Seoul, Hong Kong, and Macau: IGIS acquires Doosan Tower for hotel repositioning, JD.com converts hospitality assets to student housing, and Wynn Palace secures approval for a USD900M+ expansion.
Ascott Accelerates Vietnam Expansion With Nine Signings in 1H 2026, Growing Portfolio by Over 30%
Ascott signed nine properties totalling 3,200+ units in Vietnam in 1H 2026, growing its country portfolio by over 30% to ~12,000 units across 42 properties in 14 cities.
Sotheby's International Realty Expands into Vietnam
Sotheby's International Realty opens its 18th Asia office in Ho Chi Minh City, targeting Vietnam's growing luxury residential market amid rising domestic wealth and international investor interest.
Recent Appointments
View AllHilton Continues Rapid Lifestyle Growth in South East Asia with Trio of Signings in Thailand and the Maldives
Hilton signed three lifestyle properties in Phuket, Chiang Mai, and the Maldives, advancing its goal of surpassing 250 luxury and lifestyle properties across Asia Pacific.
HVS Anarock Insights - The Rise of Faith-led Hospitality in India
India's religious destinations hold only 6% of branded hotel keys today, but account for 14% of the development pipeline, signaling a major shift toward organized hospitality in pilgrimage markets.
By Akash Datta and Dipti Mohan
Holiday Inn Signs 24 New Hotels in Greater China, Expanding Portfolio and Growth Opportunities
IHG signed 24 new Holiday Inn hotels across Greater China at a Beijing owner forum, bringing the brand's regional pipeline to 106 hotels alongside 168 already open.
La Vie Hotels & Resorts signs landmark agreement to Manage the Gold Coast's First Westin Hotel
La Vie Hotels & Resorts will operate the 138-key Westin Gold Coast, a new-build mixed-use development by M Property expected to open in late 2029, marking Westin's first property on the Gold Coast.
Tempo by Hilton to Debut in Asia Pacific with First Signings in China
Hilton signed multiple Tempo by Hilton deals across Xiamen, Beijing, Chengdu, and Jiaxing, marking the lifestyle brand's first Asia Pacific presence as Hilton targets 250 luxury and lifestyle hotels in the region.
HVS Asia Pacific Hospitality Newsletter - Week Ending 10 July 2026
HVS Asia Pacific's weekly newsletter covers five hotel acquisitions across Japan and Australia, totaling hundreds of millions in deal value across Tokyo, Melbourne, Newcastle, Gifu, and Townsville.
Accor and Sun Group Strengthen Strategic Partnership to Shape Landmark Hospitality Experiences Across Vietnam
Accor and Sun Group signed a portfolio deal to develop 5,300+ keys across Vietnam over five years, introducing brands including SO/, Sofitel Serviced Residences, Swissôtel Living, and TRIBE for the first time in the market.
Vietnam Claims Asia's No. 1 Position in Branded Residences as Luxury Supply Surges: C9 Report
Vietnam's branded residence sector is now worth USD 8 billion, representing 20% of Asia's regional total and surpassing Thailand and South Korea, with 15,762 units in its pipeline across 47 projects.