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Press Releases

Press Release

Accor Doubles Japan Footprint with Opening of 22 Hotels

Accor, the region’s largest international hospitality group, is delighted to announce the opening of 22 hotels and over 6,000 rooms in Japan on Monday, 1 April 2024. With these openings, the Group’s footprint in Japan will instantly double increasing Accor’s portfolio of hotels in Japan to 46 properties.

Accor
Japan
Press Release

MGallery Collection signs new property in Chengdu and will double its portfolio in Greater China in 2024 with five key hotel openings

Accor is pleased to announce the signing of a radiant new MGallery Hotel Collection address in Chengdu. Chengdu Financial City – MGallery Collection will open in 2026, in the vibrant central business district of the city, with dazzling views overlooking the banks of the Jinjiang River. Chengdu Financial City – MGallery Collection will be the third hotel in the Chengdu area for the MGallery brand, joining Ocean Spring Resort Chengdu – MGallery and the soon-to-open Chengdu Expo Waterfall Hotel – MGallery later this year. The signing of Chengdu Financial City – MGallery comes as Accor is set to open five MGallery hotels in Greater China in the coming months, doubling the brand’s portfolio in the country from its current five hotels in operation to 10 by the end of the year.

Accor
China
Press Release

Phuket’s Branded Residences Supply Tops USD2.3 Billion, Making Destination Largest Leisure Property Market in the World

Phuket has seen an unprecedented onslaught of overseas buyers transform the island into the largest leisure branded residences real estate market in the world. The current supply of branded properties has now eclipsed a staggering USD2.3 billion (THB80 billion) and is expected to grow further according to new data from hospitality consulting group C9 Hotelworks. One of the most compelling storylines of Phuket’s economic shift from a tourism-dependent economy into a property giant is the blurring of lines between hospitality and real estate.

C9 Hotelworks Ltd.
Phuket, Thailand
Press Release

Minor Hotels Announces Upcoming Debut of the Avani Hotels & Resorts Brand in Greater China

Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries worldwide, and its joint venture partner in China, Funyard Minor JV Co., (China), is announcing the upcoming debut of Avani Hotels & Resorts in China. Located in a protected national forest area of Guangdong Province, Avani Huajian Xinyi Guangdong Resort and Avani+ Xinyi Guangdong Resort will be one of the first international upscale hotel brands in Xinyi when they open in the first half of the year.

Minor
China
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Press Release

Spectacular Openings in 2024 from IHG Hotels & Resorts Greater China

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is paving the way for exciting developments in 2024. After a significant revival in Greater China’s cultural and tourism industry in 2023, IHG anticipates strong consumption of energy and market confidence in the new year. As an industry leader, IHG is exploring both preferred and emerging destinations in the region under its “True Hospitality for Good” vision.

IHG
China
Press Release

IHCL Demonstrates Sustained Portfolio Expansion in 2023

Indian Hotels Company (IHCL), India’s largest hospitality company, marks yet another year of accelerated portfolio expansion in 2023 with 32 new hotels signed and 18 new hotels opened. Reinforcing its position as a leader in the hospitality landscape, IHCL’s portfolio at 285 hotels includes an industry leading pipeline of 85 hotels.

IHCL
India
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Lighthouse
Press Release

IHG continues expansion of Vignette Collection with sixth signing in Thailand

IHG Hotels & Resorts, one of the world’s leading hotel companies, is proud to announce the signing of its sixth Vignette Collection property in Thailand. The beachfront resort along Nai Yang Beach joins IHG Hotels & Resorts’ growing Luxury and Lifestyle portfolio – now the second largest in the world – as its first collection brand strides towards its ambition to reach 100 properties in 10 years.

IHG
Thailand
Press Release

Marriott International Signs Agreement to Bring the Ritz-Carlton and Marriott Hotels Brands to China National Convention Center in Beijing

Marriott International, Inc., recently announced that it has signed an agreement with Beijing North Star Company Limited to open the third The Ritz-Carlton and the first Marriott Marquis Hotel in Beijing. Expected to open in 2026, The Ritz-Carlton Beijing, North will provide its legendary service and elegant design to travelers in and abroad, while Beijing Marriott Marquis Hotel will deliver a perfect blend of heartfelt service and modern style at China National Convention Center Phase II, a large complex with hotels, retails, offices, leisure facilities, and spacious venues for high-level conferences, exhibitions, and events.

Marriott
Beijing, China
Press Release

Holiday Inn Express Achieves the Milestone with 500 Hotels Opening and in Pipeline in Greater China

IHG Hotels and Resorts recently announced Holiday Inn Express has surpassed 500 hotels in operation and pipeline in Greater China, marking a significant milestone for the upper midscale brand. Leveraging its smart, vibrant guest offerings and notable advantages in ROI for owners, Holiday Inn Express has garnered attention from owners and investors since entering the China market. With a pioneering spirit, the brand has grown to become a mainstay in the region, accompanying travellers on quality, enjoyable journeys across diverse destinations.

IHG
China