Development Asia Pacific News - Hospitality Net

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August 30, 2022

Artyzen Hospitality Group Launching 5 Projects in Shanghai This Year

Artyzen Hospitality Group ("Artyzen") is fully invested and committed to the development of the tourism and hospitality industry in China. Its diverse portfolio includes five projects in Shanghai: lifestyle hotels, conference centres, and service apartments, all slated to open by the end of 2022. These dynamic projects will bring new energy to their locations, creating a vibrant lifestyle ecosystem in Shanghai, setting a new benchmark in contemporary, sustainable urban living.

August 26, 2022

Nobu Announces an Exclusive Thailand-Wide Development Agreement

Nobu Hospitality, the globally iconic and fastest growing luxury lifestyle brand, and Asset World Corp Public Company Limited (AWC), Thailand's leading integrated lifestyle real estate group are delighted to announce the exclusive Thailand-wide development agreement, and the commencement of two exciting projects in Bangkok.

August 23, 2022

Accor signs Landmark Multi-Agreement deal with Hann for Luxury Integrated Lifestyle Resort in Clark, Philippines

Accor is expanding its presence in the Philippines with the signing of two new properties in Clark City. Located within a luxury integrated resort, Hann Lux, Sofitel Clark and Emblems Clark will offer convenient access to high-end fashion stores, French inspired cafes and convention facilities. Sofitel Clark will comprise 300 guest rooms while the Emblems Clark will feature 200 guest rooms. The landmark multi-agreement signing will see the expansion of a well-established partnership between Hann and Accor to six hotels in Clark, Philippines.

Clark, Philippines

August 18, 2022

China’s Hotel Construction Pipeline Hits Record High Upscale and Upper Midscale Project Counts at Q2 2022

According to the latest Construction Pipeline Trend Report from Lodging Econometrics (LE), the total China hotel construction pipeline stands at 3,693 projects/701,974 rooms. At the end of the second quarter, the country’s construction pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the first quarter (2022) and is up 7% by projects year-over-year (YOY) and 6% YOY by rooms.

Lodging Econometrics

August 11, 2022

SUN & MOON Riverside Hotel Selects INTELITY to Integrate Tech in Supporting Guests

INTELITY®, provider of hospitality’s leading guest experience and staff management platform, announced today a deal with SUN & MOON Riverside Hotel to implement the INTELITY platform and mobile app with mobile check-in and mobile key for a fully digital guest experience.

Phnom Penh, Cambodia

August 9, 2022

Ennismore Continues Expansion Across New Zealand With Four New Lifestyle Hotel Signings

Ennismore, the fastest-growing lifestyle hospitality company, announces its continued expansion across New Zealand and Australia, with the signing of four new hotels in New Zealand with CP Group. The partnership will see the opening of four new hotels including a JO&JOE in Auckland, two TRIBE hotels in Auckland, and a Hyde in Queenstown, creating 170 new career opportunities. The hotels will open across 2023-24.

August 2, 2022

Radisson Hotel Group showcases Vietnam to travelers with expanding nationwide portfolio

Rapidly growing collection helps travelers discover many established and emerging destinations across the country, from the rolling hills of the north to the idyllic islands of the south.

Radisson Hotel Group

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Hospitality Financial and Technology Professionals (HFTP)

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July 12, 2022

Accor and Sunmei Set to Open More Than 400 New Mövenpick Hotels Across China

Accor, a world leader in hospitality, today announced a new master franchise agreement with Sunmei Digital Intelligence Group to debut and develop Mövenpick by Accor brand across China. Together, Sunmei and Accor plan to open more than 400 Mövenpick by Accor smart technology hotels across China, representing more than 60,000 guestrooms. Sunmei Digital Intelligence Group will be Accor’s exclusive strategic partner for Mövenpick by Accor branded hotels in China, leading the brand’s aggressive expansion efforts. The first Mövenpick by Accor hotel under this new agreement will open its doors in the beautiful coastal city of Qingdao, in eastern Shandong Province, in 2023 – coinciding with the 75th anniversary of the Mövenpick brand.

July 4, 2022

Accor completes deal with Salter Brothers to add nine Mercure hotels to its growing portfolio

The momentum behind Accor’s popular Mercure brand in Australia continues with the Group adding nine Mercure hotels to its collection, following Accor’s landmark hotel management portfolio agreement with Salter Brothers with an industry-leading link to ESG outcomes.

June 30, 2022

Radisson Hotel Group commits to its owners and guests in Thailand with plans of 100 new signings by 2025

Radisson Hotel Group is gearing up for the recovery of travel and hospitality in Thailand with plans to exponentially expand its portfolio by adding 100 hotels and resorts in the country by 2025. The new growth plans for Thailand represent part of the Group’s wider expansion strategy which targets the growth of its current portfolio of 400 properties to over 2,000 hotels and resorts in operation and development by 2025. At present, Radisson Hotel Group has a collection of 6 properties in Thailand, with 4 hotels currently operating in Bangkok and two more in the pipeline in Phuket and Pattaya.

Radisson Hotel Group

June 27, 2022

Banyan Tree Group Debuts in Japan with Five Upcoming Properties

Banyan Tree Group today announces its expansion into Japan, a frontier location for the global, multi-branded hospitality group. This introduction of four brands marks the Group’s first-ever entry into Japan since its inception in 1994, and further reinforces its stronghold in Asia.

June 27, 2022

Marriott International Signs Landmark Agreement With Vinpearl to Add Eight Hotels in Vietnam

Marriott International, Inc. today announced a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, to convert and develop 2,200 rooms across eight hotels in Vietnam - significantly expanding its portfolio of world-class hotels and resorts in the country. This collaboration expects to see the debut of the Autograph Collection Hotels brand in the country, while other planned openings span the following brands: Marriott Hotels, Sheraton Hotels & Resorts, and Four Points by Sheraton.

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June 22, 2022

IHG Hotels & Resorts and Sun Hospitality Group take decade-long relationship to new heights

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, has announced a strategic alliance framework agreement with long-term partners Sun Hospitality Group (SHG) to introduce fresh and innovative concepts, experiences and products in Vietnam.

June 14, 2022

Homes & Villas by Marriott International Lands in Australia and New Zealand

Homes & Villas by Marriott International, the Marriott Bonvoy travel program’s curated and growing collection of premium and luxury whole home rentals around the world, today announced its launch in Australia and New Zealand – marking the platform’s entrance in Asia Pacific. The expansion into these new markets adds over 350 premium and luxury homes to the platform in prime leisure destinations, including Sydney, Melbourne, Perth, Brisbane and Orange in Australia, and Auckland and Queenstown in New Zealand – just to name a few.

June 3, 2022

Hong Kong’s co-living sector gains appeal

Notwithstanding the dampened buyer sentiment in the residential market, Hong Kong’s real estate investment market witnessed a surge in en-bloc hotel transactions. While 2021 was considered an active year for hotel investment, 2022 is set to become substantially more dynamic. In the first five months of 2022 alone, two en-bloc hotel deals have been closed, while three others are reportedly underway.

Hong Kong, China

June 2, 2022

Ascott Acquires First lyf Coliving Property in Sydney Through Its Serviced Residence Global Fund

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia. The acquisition of the freehold asset is made via the Ascott Serviced Residence Global Fund (ASRGF)1, Ascott’s private equity fund with Qatar Investment Authority. This is ASRGF’s third investment in 2022, following the acquisition of Somerset Hangzhou Bay Ningbo and Citadines Canal Amsterdam in March 2022. To date, ASRGF has invested in 12 properties for close to US$500 million. ASRGF has since divested its first property at returns that outperformed its expected underwriting.

The Ascott Limited

May 19, 2022

China's Hotel Construction Pipeline Hits Record High Project & Room Counts at Q1 2022

According to the latest Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of Q1 ‘22, China’s total hotel construction pipeline reached record high project and room counts, standing at 3,711 projects/704,101 rooms and up 8% by projects and 7% by rooms year-over-year (YOY).China has 2,623 projects/477,245 rooms presently under construction, both at record highs, and up 11% and 12% YOY, respectively. Projects scheduled to start construction in the next 12 months stand at 504 projects/96,054 rooms. Projects and rooms in the early planning stage are up 26% and 17% YOY, respectively, and stand at 584 projects/130,802 rooms at the end of Q1 2022.

Lodging Econometrics

May 5, 2022

TFE Hotels Announces Expansion into South East Asia

Australia’s International Hotel Group, TFE Hotels, has announced a rapid expansion into Asia with their homegrown brands, Adina and Vibe Hotels, due to open for business in Q3 and Q4 of this year.

April 20, 2022

Accor, Ennismore and Country Garden’s Funyard to develop more than a thousand JO&JOE hotels in China

Accor in collaboration with Ennismore today announced an unprecedented long-term master franchise agreement with Country Garden’s core alliance enterprise, Funyard Hotels and Resorts. Together with Funyard, one of the top hotel and property developers in China, Accor and Ennismore will introduce the lifestyle brand JO&JOE to China, with a commitment to open at least 1,300 JO&JOE hotels, representing more than 100,000 guestrooms. Funyard will be the exclusive strategic partner of the JO&JOE brand in China.

April 19, 2022

La Vie Hotels & Resorts expands its presence in Sri Lanka with three key Radisson Hotel signings

La Vie Hotels & Resorts, one of Asia Pacific’s leading and fastest growing independent hotel management companies, has signed a landmark deal with Radisson Hotel Group and Sino Lanka Group to operate three hotels in Sri Lanka.

La Vie Hotels and Resorts