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InterContinental Hotels Group (IHG)
Press Release
April 13, 2020

IHG To Open First Regent Hotel Since Brand Acquisition

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, today announces the signing of a management agreement with Shanghai 21st Century Hotel Co., Ltd. for its iconic property located in Lujiazui, Shanghai, China. From 16 May 2020, the hotel will be officially branded as Regent Shanghai Pudong and ready to welcome guests with a truly unique and luxury experience, which the legendary brand is famous for. All existing reservations will be automatically forwarded and honoured by Regent Shanghai Pudong. Guests will be able to experience the understated luxury and intuitive service brought by Regent seamlessly. Under the deal, IHG will also take over the management of its luxury apartments, which sit above the hotel in the same tower. Expanding its luxury footprint, IHG announced the acquisition of a majority stake in Regent Hotels & Resorts in March 2018 and brought the much-loved brand into the top end of its portfolio. Since then IHG has worked quickly to combine its expertise in luxury with Regent's deep heritage and revered legacy, relaunching the brand by evolving it to appeal to the modern luxury traveller. Set amidst the magnificent skyline of the Lujiazui financial district, Regent Shanghai Pudong will be the first Regent hotel opened globally after the acquisition. Meanwhile, renovation is already underway to rebrand the iconic InterContinental Hong Kong into a Regent hotel in 2021, bringing the hotel back to its roots as it first opened its doors as a Regent in 1980. In addition, the brand is also expecting new openings in Phu Quoc, Vietnam later this year, Bali, Indonesia in 2021, Kuala Lumpur, Malaysia as well as Chengdu, China in 2023.

IHG Hotels & Resorts
IHG
Shanghai, China
Horwath HTL
Press Release
March 18, 2020

Horwath HTL Industry Report: China Hotel Investment & Asset Management Outlook

The coronavirus outbreak in 2020 has been a severe challenge for the hotel industry in China, putting the risk management capability of each operating hotel to the test. While from the perspective of hotel investment and asset management, which are more strategic and forward-thinking than day-to-day operation, the industry will recover from the downturn eventually, the impact of this outbreak will force investors to reconsider their strategic planning in hotel investment and in asset management.

Horwath HTL
Horwath
China
Lodging Econometrics
Press Release
March 5, 2020

China’s Hotel Construction Pipeline Closes 2019 Hitting New All-Time High*

Analysts at Lodging Econometrics (LE) report that China's total construction pipeline boomed in the fourth quarter of 2019 and closed the quarter at 3,526 projects/643,435 rooms, up 28% by projects and 11% by rooms year-over-year (YOY). At the end of 2019, both projects and rooms in the construction pipeline are at new all-time highs. China has the second largest pipeline in the world.

Lodging Econometrics
Lodging Econometrics
China
Radisson Hotel Group (RHG)
Press Release
February 19, 2020

Radisson Hotel Group Starts 2020 On A High With 17 New Hotels In India

Radisson Hotel Group has celebrated the start of the new decade by announcing the signing of 17 new hotels in India. As the Group enters the third year of "Destination 2022", its global expansion and transformation strategy, these signings will boost the company's portfolio in South Asia to more than 150 hotels and 17,000 rooms, both in operation and under development.

Radisson Hotel Group Rhg
Radisson Hotel Group
India
Swiss-Belhotel International Limited
Press Release
February 4, 2020

New Chapter in Swiss-belhotel International’s Indonesian Success Story

Hong Kong - Swiss-Belhotel International's enduring and hugely successful relationship with Indonesia is set to reach new heights, with the news 12 properties will be launched there by 2022. The latest additions to the global hospitality chain's multi-faceted, multi-awarding-winning Indonesian portfolio will give it an incredible 84-property presence in the country - adding another chapter to a deep-rooted, mutually beneficial relationship that began more than 25 years ago. The new properties will encompass four brands: the two-star Swiss-Belexpress and Zest, the three-star Swiss-Belinn and the four-star Swiss-Belhotel. They will be located across the archipelago including Cilegon, Bali, Surabaya and Jakarta. Mr. Gavin M. Faull, Swiss-Belhotel Chairman and President, said the Group's undeflatable confidence in Indonesia as a tourist destination was reflected in its perpetual expansion plan in the country. "I'm very excited to announce the pending arrival of 12 new hotels to what is one of the great success stories in Indonesia's arresting and culturally rich tourism industry," he said. "It again shows that despite our tremendous track record in the country - including last year being named its premier global hotel chain for an unprecedented ninth time - we are relentless in our desire to build on our legacy there."Nine of the new properties will open this year: the 115-room Swiss-Belexpress Cilegon; the 163-room Swiss-Belhotel Arjuna, Legian, Bali; the 88-room Swiss-Belhotel Cendrawasih Biak; the 227-room Swiss-Belhotel Darmo Surabaya; the 316-room Swiss-Belhotel Kelapa Gading, Jakarta; the 252-room Swiss-Belhotel Solo; the 138-room Swiss-Belinn Cikarang; the 95-room Zest Parang Raja Solo; and the four-star The Gamat Bay, Bali (53 rooms)

Swiss-Belhotel International Limited
Swiss-Belhotel
Indonesia
ONYX HOSPITALITY GROUP
Press Release
January 27, 2020

Shama expands Bangkok presence with two additional locations in Phrom Phong and Yen Akat

Already a fast expanding Asia-Pacific serviced apartments brand with two properties in two prime locations in Bangkok, Shama Serviced Apartments by ONYX Hospitality Group is doubling its neighbourhood presence in the Thai capital by adding Phrom Phong and Yen Akat to its portfolio in 2020.

ONYX HOSPITALITY GROUP
Onyx
Bangkok, Thailand
InterContinental Hotels Group (IHG)
Press Release
January 15, 2020

IHG Announces Strategic Partnership With Asset World Corporation (AWC)

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has announced a strategic partnership with long-standing partner Asset World Corporate (AWC), Thailand's leading integrated lifestyle real-estate group, to manage a portfolio of properties across Thailand. The agreement will see the development of more than 1,200 rooms across Thailand, with the first signing announced today as the 306-room InterContinental Chiang Mai Mae Ping.

IHG Hotels & Resorts
IHG
Thailand
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Hospitality Financial and Technology Professionals (HFTP)
Hospitality Financial and Technology Professionals (HFTP)
InterContinental Hotels Group (IHG)
Press Release
December 18, 2019

IHG® to bring InterContinental and Holiday Inn hotels to Shanghai Pudong International Airport

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, announced on Monday that it will bring two hotels to Shanghai Pudong International Airport's latest Terminal Complex. This means one of the world's busiest airports will expect its first international branded hotels for the first time.

IHG Hotels & Resorts
IHG
Shanghai, China
Marriott International, Inc.
Press Release
December 10, 2019

Marriott Signs Six Hotels in India

Marriott has signed agreements with the Prestige Group to open six new hotels across India. The W Bengaluru, Tribute Portfolio Resort Bengaluru, Tribute Portfolio Hotel Kochi Maradu, JW Marriott Bengaluru Prestige Golfshire Resort & Spa, Moxy Chennai and Moxy Bengaluru, are expected to open between 2021 and 2025.

Marriott
Marriott
India
Radisson Hotel Group (RHG)
Press Release
December 10, 2019

Radisson Hotel Group Brings International Hospitality To Vietnam’s Most Exciting New Destinations

Radisson Hotel Group continues to introduce world-class hospitality to Vietnam's most exciting emerging destinations, with the signing of three new hotels on the country's captivating coastline.

Radisson Hotel Group Rhg
Radisson Hotel Group
Vietnam
Lodging Econometrics
Press Release
December 6, 2019

China’s Hotel Construction Pipeline Has Grown to Record High

Analysts at Lodging Econometrics (LE) report that at the end of the third quarter of 2019, China's total construction pipeline has grown to 3,380 projects/628,972 rooms. Currently, the country has 2,548 projects with 438,797 rooms under construction with projects scheduled to start construction in the next 12 months at 404 projects with 85,026 rooms. Projects in the early planning stage have 428 projects/105,149 rooms.

Lodging Econometrics
Lodging Econometrics
China
Marriott International, Inc.
Press Release
November 15, 2019

Marriott International Signs Landmark, Three-Hotel Agreement With Asset World Corporation Fueling Growth In Thailand

Marriott International, Inc. (NASDAQ: MAR) today announced it has signed agreements with Asset World Corporation (AWC), Thailand's leading integrated lifestyle real-estate group, to introduce three of its global hospitality brands to Thailand. The agreement would fuel the company's expansion in Thailand with the addition of three hotels comprised of nearly 1,550 rooms expected to open between late 2020 and 2024. Under the agreements, AWC is expected to open a 248-room Courtyard by Marriott in late 2020 in Phuket, as well as a 900-room Marriott Marquis hotel and a 398-room JW Marriott hotel both in Pattaya.

Marriott
Marriott
Thailand
Swiss-Belhotel International Limited
Press Release
November 12, 2019

Swiss-Belhotel International Reveals Plans To Expand Across Vietnam

Swiss-Belhotel International, the global hospitality management chain, has revealed plans to expand its portfolio in Vietnam with a series of new hotels, resorts and residences in exciting destinations all across the country. The Hong Kong-based hospitality company, which recently celebrated its 32nd anniversary, currently has a collection of 145 hotels and resorts either operating or in the pipeline in 22 countries on four continents. These include three properties in Vietnam.

Swiss-Belhotel International Limited
Swiss-Belhotel
Vietnam
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Hospitality Financial and Technology Professionals (HFTP)
Hospitality Financial and Technology Professionals (HFTP)
Swiss-Belhotel International Limited
Press Release
November 4, 2019

Swiss-Belhotel International to Enter Thailand With Four New Hotels

Swiss-Belhotel International has revealed plans to make its debut in Thailand, as the company's impressive expansion plans continue to gather pace. The Hong Kong-based hospitality company, which recently celebrated its 32nd anniversary, currently has a collection of 145 hotels and resorts in 22 countries, either operating or in the pipeline. This includes properties in five of the ten ASEAN member states: Cambodia, Indonesia, Malaysia, the Philippines and Vietnam.

Swiss-Belhotel International Limited
Swiss-Belhotel
Thailand
InterContinental Hotels Group (IHG)
Press Release
October 22, 2019

IHG gains momentum in midscale segment with signing of Holiday Inn Express Bengaluru Bommasandra

InterContinental Hotels Group® (IHG), one of world's leading hotel companies has signed a management agreement with Thanishq Grande Hotels & Resorts Private Limited for Holiday Inn Express Bengaluru Bommasandra. The new-built hotel will feature 170 keys and is expected to be operational by Q4 2022. IHG currently operates three Holiday Inn Express hotels in Bengaluru, and the recent signing will further strengthen the brand's presence in the city. The Holiday Inn Express brand has recently gained significant momentum in the country with the opening of 10 hotels, across key cities, positioning IHG as one of the leading hospitality players in the midscale segment in India. Holiday Inn Express Bengaluru Bommasandra will be located along the main Hosur Road, with close proximity to Narayana Institute of Cardiac Sciences, Electronic City, one of India's largest Electronic and IT Industrial parks and near Bommasandra Industrial Area, making it an ideal choice for corporate guests visiting Bengaluru. The hotel will be situated at a convenient distance from Bengaluru International Airport and the city center. Along with efficiently designed rooms, the hotel will feature the brand's signature 'Great Room', a dynamic space to socialize as well as relax and unwind. Additionally, the hotel will feature two meeting rooms, a business center, a gym and other world class amenities which will reflect the brand's promise of offering an efficient and comfortable stay.

IHG Hotels & Resorts
IHG
Bommasandra, India
Logo 'Choice Hotels International'
Press Release
October 18, 2019

Choice Hotels Expands Presence in Japan with More than 30 New Hotels Expected to Open by 2033

Choice Hotels International, Inc. (NYSE: CHH) has signed a 10-year extension of its existing master franchising agreement with Choice Hotels Japan and expects to open more than 30 new Comfort hotels in the market by 2033. Choice Hotels Japan has been the exclusive franchisor of the Comfort brand in the country since 2003 and has a current portfolio of more than 60 hotels in key markets, including Tokyo, Yokohama, Osaka and Sapporo.

Choice Favicon
Choice
Japan
accorhotels2017
Press Release
October 15, 2019

Accor signs up with Global Premium Hotels

After inking a deal with Global Premium Hotels, Accor will be unveiling 13 new ibis budget hotels in Singapore.

Accor Favicon
Accor
Singapore
The Indian Hotels Company Limited (IHCL)
Press Release
October 10, 2019

IHCL Announces The Addition Of 8 Bungalows To Its Ama Stays And Trails Portfolio

The Indian Hotels Company Limited (IHCL), South Asia's largest hospitality company today announced the addition of 8 Bungalows to its Ama Stays & Trails portfolio. The company signed 6 bungalows across multiple locations including new leisure destinations. It also opened two charming villas in Candolim, Goa.

The Indian Hotels Company Limited (IHCL)
IHCL
India
ONYX HOSPITALITY GROUP
Press Release
October 1, 2019

Onyx Hospitality Signs Three New Hotels in Pattaya, Thailand

Onyx Hospitality has signed a management agreement with Ratanakorn Asset, a Thai real estate company, for three new hotels in Pattaya.

ONYX HOSPITALITY GROUP
Onyx
Pattaya, Thailand
Radisson Hotel Group (RHG)
Press Release
September 27, 2019

Radisson Hotel Group Signs Groundbreaking Deal To Enter New Zealand With Four New Hotels

Radisson Hotel Group has signed the biggest hotel management deal in 2019 in Australasia, as it prepares to enter New Zealand with four new-build properties comprising 777 keys and covering three industry-leading brands: Radisson Blu, Radisson RED and Park Inn by Radisson.

Radisson Hotel Group Rhg
Radisson Hotel Group
New Zealand
Page 18 of 20
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