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.
Press Releases
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.
Hilton 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.
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.
Central Real Capital appoints Trilogy Hotels as Operator of The Sands Torquay Resort
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.
HVS Asia Pacific Hospitality Newsletter - Week Ending 26 June 2026
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 International and CG Hospitality Global Sign Strategic Agreement to Introduce Series by Marriott in Great China
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 Announces the Debut of Spark by Hilton in Asia Pacific with the Opening of the First Two Hotels in Bengaluru and Goa, India
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.
Hilton Garden Inn Accelerates Expansion in China with Over 2,000 New Rooms Signed
Hilton signed 2,000+ new Hilton Garden Inn rooms in China across five properties, targeting core business cities and leisure destinations using its China-specific Gen A prototype.
Marriott International and CG Hospitality Global Sign Multi-Unit Agreement to Open Three Properties across India and Nepal
Marriott and CG Hospitality Global signed a deal for three properties: Ritz-Carlton Kathmandu, Westin Kathmandu, and JW Marriott Siliguri, adding ~450 keys and targeting a 2031 opening.
Ascott and Sun Group Deepen Strategic Partnership with Four New Projects in Phu Quoc and Ho Chi Minh City
Ascott and Sun Group signed agreements for four new properties in Ho Chi Minh City and Phu Quoc, bringing Ascott's Vietnam portfolio to 40 properties and over 10,100 units, with all projects slated to open in 2028.
Accor and Yavu Collective Sign Landmark Multi-Hotel Deal in Fiji
Accor and Fijian-owned Yavu Collective signed a deal to open three hotels under Sofitel, The Sebel, and TRIBE brands by 2027, adding over 370 keys to Denarau Island and Nadi.
The Bangtao Effect: International Lifestyle Brand Surge Reshapes Phuket’s Most Valuable Coastal District
C9 Hotelworks research shows Bangtao's pipeline includes 9 hotels (1,640 rooms) and 9 branded residences (1,649 units), with Marriott, Hilton, IHG, Dusit and Central Group driving a shift from beach resort to year-round lifestyle district.