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Press Release Development

Centara Elevates Thai Hospitality with Expanded Global Portfolio of High-End Hotels & Resorts

Centara Hotels & Resorts, Thailand’s leading hotel operator, is accelerating its global business enhancement strategy with the opening and transformation of iconic five-star and luxury hotels in some of the world’s most desirable destinations. By expanding its exclusive Centara Grand and Centara Reserve brands, the group continues to uphold its celebrated standards while remaining true to its Thai family heritage, advancing its goal to be a top 100 hotel company worldwide by 2027.

Centara
Thailand
Opinion Article Markets & Performance

Slow, But Steady Growth in Traditional Hotel Sector

In Hong Kong, the recent landscape of hospitality investment has pivoted toward conversion projects, with a strong emphasis on co-living spaces and student accommodations, driven by their high yield potential and rising demand in urban centres. However, this focus has somewhat eclipsed the steady, albeit slower, growth within the traditional hotel sector. While co-living and student housing offer innovative opportunities, the hotel industry remains a cornerstone of hospitality, demonstrating resilience and consistent recovery after the pandemic.

Harry Ha
By Harry Ha, Senior Manager, Valuation & Advisory Services, Hong Kong, CBRE Hotels
Hong Kong (SAR)
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Press Release Sustainability

Marriott India strengthens the Green Commitment on World Environment Day 2025 Achieves Milestone of Planting 100,000 Trees

Marriott India proudly achieved its ambitious goal for World Environment Day 2025, a commitment to plant 100,000 trees across its extensive portfolio of over 150 hotels nationwide. This significant undertaking marked a powerful escalation of Marriott India's dedication to sustainability and ecological restoration, building upon the success of its previous environmental initiatives.

Marriott
India
Press Release Development

Waldorf Astoria and Hilton Hotels & Resorts to Open at GMR Aerocity in Partnership with DIAL

Hilton (NYSE: HLT) today announced the signing of two hotels in partnership with GMR Group-led Delhi International Airport Limited (DIAL) under its Waldorf Astoria Hotels & Resorts and Hilton Hotels & Resorts brands. The hotels will be located at GMR Aerocity, New Delhi – India’s first global business district with world-class hotels, restaurants and premiere future-ready offices at Delhi International Airport. These developments bring Hilton’s luxury and full-service brands to the heart of the capital’s best-connected hospitality and commercial district. The projects strengthen Hilton’s presence in New Delhi and the National Capital Region (NCR), an area already home to four Hilton properties.

Hilton
New Delhi, India
Press Release Sales & Marketing

GBTA Asia Pacific Conference 2025 Reflects the Dynamic Role of the Region in Shaping the Future of Business Travel

The growth and vital role of the Asia Pacific region in the future of global business travel was clearly demonstrated by the strong turnout, engagement and insights from the GBTA APAC Conference 2025 held at the Raffles City Convention Centre in Singapore from May 27-28. Hosted by the Global Business Travel Association (GBTA), the premier trade association and “voice” of the global business travel industry and co-located for the third year with the WERC® Regional Summit, the event brought together over 950 industry professionals including corporate travel managers (268), travel suppliers, and other industry partners along with nearly 50 exhibiting companies and sponsors.

GBTA
Singapore
Press Release Markets & Performance

Melbourne a ‘Sporting Chance’ of Delivering Accor’s Best Annual Performance since 2019

Melbourne’s reputation as the sporting capital of Australia is set to drive the strongest annual performance for Accor since 2019. Accor is Australia’s largest hotel operator, with 51 hotels in Greater Melbourne and 13 hotels across regional Victoria. The city began 2025 by hosting the most successful Australian Open on record (1.2 million fans through the gates) and a record-breaking Formula 1 Rolex Australian Grand Prix (465,498 attendees across four days).

Accor
Melbourne, Australia