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.
Sonnel Hospitality secured DA approvals for $11M and $4M redevelopments of Ashfield Hotel and Hurstville Ritz Hotel, with works anticipated to commence from 2027.
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.
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'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.
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 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 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.
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.
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.
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 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.
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'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 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'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.
Trilogy Hotels takes over management of the 112-suite Sands Torquay Resort on Victoria's Surf Coast from 1 July 2026, expanding its Australian portfolio to 24 properties.
Six Asia Pacific transactions and developments covered, including OUE REIT's SGD500M Crowne Plaza Changi Airport sale, two Japan hotel acquisitions, and a Singapore serviced apartment project.
Marriott and CG Hospitality Global will jointly develop around 100 Series by Marriott hotels in Greater China over 10 years, with four Arro Khampa boutique resorts joining the portfolio by end of 2026.
Hilton opens its first two Spark by Hilton hotels in Bengaluru and Goa, launching the brand in Asia Pacific under a strategic deal with Olive Hospitality to develop 150 properties across India.