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Asia PacificDevelopmentPage 19
Wink Hotels
Press Release
July 23, 2020

Vietnam’s First Major Lifestyle Hospitality Chain – Wink Hotels – Launches With Domestic Market Firmly In Its Sights

Wink Hotels, a sleek, chic and vibrant lifestyle brand, locally born and locally positioned to tap into the booming domestic travel market in Vietnam, is poised to redefine affordable luxury across the country as it readies to open its debut hotel later this year.Conceived by developer, Indochina Kajima, operated by Indochina Vanguard (both joint venture companies with Indochina Capital and Kajima Corporation, and Vanguard Hotels respectively) and designed by AW2, Vietnam's first homegrown, international-standard hotel chain will personify the dynamic generation emerging throughout Indochina, catering to their fast-paced lifestyle and immersing them in each destination.Fueled by economic growth and the advent of low-cost carriers, domestic tourism in Vietnam grew 22% per year from 2014 to 2019, registering 85 million domestic travelers last year. And even now, as Covid-19 containment measures disrupt international tourism, Vietnam's successful management of the virus and the quick re-opening of the economy have prompted greater emphasis than ever on domestic tourism to spur growth.

Wink Hotels
Wink Hotels
Vietnam
Kew Green Hotels
Press Release
July 8, 2020

Kew Green Hotels Expands Into South East Asia With Seven Properties In Bangkok, Thailand

Kew Green Hotels, one of the UK's leading hotel management companies with over 55 hotels in its portfolio, is set to expand into the South East Asia market, launching seven properties, with four under the Wyndham Hotels & Resorts brand umbrella in Bangkok, Thailand, commencing from quarter one 2021, delivered by a new joint venture with Siamese Asset, to form Siamese and Kew Green Management Company Thailand. Alongside the launch of these seven properties, Kew Green Hotels will also be launching a Commercial Hub for South East Asia to support the region, based in Bangkok.

Kew Green Hotels
Kew Green Hotels
Bangkok, Thailand
Hilton Worldwide Family/group
Press Release
June 24, 2020

Hilton and Country Garden Announces New Strategic Cooperation to Develop 1,000 Home2 Suites by Hilton® in China

FOSHAN, GUANGDONG, China and MCLEAN, Va. - Hilton (NYSE: HLT) announced today the signing of an exclusive management license agreement with Country Garden to introduce and develop the Home2 Suites by Hilton® brand in China. The agreement with Funyard Hotel Investment (Asia) Limited, a subsidiary of Country Garden, further expands the strategic cooperation between Hilton and Country Garden.

Hilton Favicon
Hilton
China
Hong Kong Polytechnic University
Press Release
June 23, 2020

SHTM Research documents desperate Chinese Groups' need of strategies to compete with high-quality service and facilities offered by Western hotel chains

As China and its hotel industry gain prominence on the global stage, more and more foreign investors are turning their attention to this huge and extremely promising market. Chinese hotels are in desperate need of strategies to compete with the high-quality service and facilities offered by Western hotel chains. Thanks to a pioneering study by Dr Markus Schuckert, Professor Rob Law of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University and their co-authors, they now have the perfect solution. Based on painstaking analysis of a huge new dataset of TripAdvisor reviews, the researchers show Chinese hotel managers exactly how their hotels are falling short of international standards, and what they can do to close the gap.

School of Hotel and Tourism Management Shtm at the Hong Kong Polytechnic University
Hong Kong PolyU
China
Wyndham Hotels & Resorts
Press Release
June 17, 2020

Wyndham Hotels & Resorts Elevates Presence in Japan, Introduces Wyndham Grand and Wyndham Garden Brands

PARSIPPANY, N.J. - Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,300 hotels across 90 countries, today announced the continued expansion of its portfolio in Japan, converting two hotels to its Wyndham Grand® and Wyndham Garden® brands: the 60-room, all suite, Wyndham Grand Awashima and 95-room, all suite, Wyndham Garden Nagaizumi.

Wyndham Hotels Resorts
Wyndham
Japan
Wyndham Hotels & Resorts
Press Release
June 16, 2020

Wyndham Hotels & Resorts Opening Five New Ramada Hotels in China

Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,300 hotels across 90 countries, today announced plans for further growth in China as travel in the country continues to show encouraging signs of recovery.

Wyndham Hotels Resorts
Wyndham
China
Lodging Econometrics
Press Release
May 19, 2020

China's Hotel Construction Pipeline Hits All-Time High in the First Quarter of 2020 Despite COVID-19 Pandemic*

Analysts at Lodging Econometrics (LE) report that despite the COVID-19 outbreak, China's total construction pipeline continues to expand to an all-time high of 3,533 projects/645,764 rooms, up 24% by projects and 9% by rooms year-over-year (YOY). China has 2,330 projects/412,142 rooms presently under construction. Projects under construction remain near record-highs at the end of the first quarter even though many projects are delayed two to four months. Projects scheduled to start construction in the next 12 months experienced an enormous increase of 92% by projects and 45% by rooms YOY, to stand at a record-high 744 projects/120,458 rooms.

Lodging Econometrics
Lodging Econometrics
China
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Wink Hotels
Press Release
April 27, 2020

Domestic tourism poised to drive Vietnam travel industry recovery as destination emerges first in Southeast Asia from Covid crisis

Vietnam's tourism industry is set to lead Asia's return to business as social distancing restrictions are lifted and domestic travel is set to return. The Vietnamese government announced the lifting of social distancing restrictions on April 24 setting the stage for the return of a domestic market of up to 70 million travellers per year that has been growing at a rate of 20% for the past five years. Speaking on The Future of Travel podcast by Bangkok-based branding agency QUO, Wink Hotels CEO Michael Piro said that the speed at which Vietnam reacted to Covid-19 revealed an underlying strength and resilience that is now setting the country on the road to recovery. "Vietnam is no stranger to crisis and the government was very quick to respond," said Piro. "You can feel the authority, leadership and control. They were very thorough using every channel possible to get the Covid message out and this inspired a sense of social responsibility and togetherness across the country." Now with social distancing measures lifted, restaurants filling up again and airlines such as Vietjet running six daily return flights between Hanoi and Ho Chi Minh City as of April 23, the demand for domestic travel particularly by a young, entrepreneurial population, with two-thirds 70 aged below 35 years old, is apparent.

Wink Hotels
Wink Hotels
Vietnam
Centara Hotels & Resorts / Central Hospitality International (CHi)
Press Release
April 24, 2020

Centara Expands Vietnam Presence with Signing of Hotel Management Agreement for Two New Resorts

Centara Hotels & Resorts, Thailand's leading hotel operator, is further expanding its presence in Vietnam, following the signing of Hotel Management Agreements (HMAs) for two large-scale resorts being developed by Novaland Group, a leading Vietnamese property and real estate developer. The HMAs cover Centara's appointment to manage a total of 2,260 keys across the two resorts, both now under construction in two distinct and renowned destinations and due to open in 2022 and 2023.

Centara Favicon
Centara
Vietnam
Global Asset Solutions
Press Release
April 23, 2020

Six Actions Taken by Chinese Hoteliers as Immediate Remedies for the Coronavirus Crisis

"Cities in China are carefully easing strict prevention measures and access restrictions based on advancements in local public health conditions". This is the message that citizens have recently shared on their social media profiles.

Global Asset Solutions Favicon
Global Asset Solutions
China
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
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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 HTL
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
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
Page 19 of 20
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Shockwaves and Tailwinds: The Real Commercial Impact of Middle East Tensions

Peter Szabo
By Peter Szabo
Expert Views (9)
Philip Bacon
Philip Bacon

Ongoing geopolitical tensions across the Middle East are having a real commercial impact on hospitality, tourism and leisure businesses worldwide. Uncertainty is now shaping how travellers make decisions — where they go, how far ahead they book, and how confident they feel about travel at all.Airspace restrictions and rising operating costs have dampened visitor demand in some regions, while destinations seen as safer alternatives — particularly in Southern Europe, Asia and the Americas — are picking up displaced demand, especially at the luxury and ultra-luxury end of the market, notoriously oblivious of geopolitical tensions.Investors and developers are also treading more carefully.

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