HVS Asia Pacific Hospitality Newsletter - Week Ending 27 March 2026
Regal Oriental Hotel sold at 7.8% discount to valuation for conversion to student housing, while Southside by Ovolo fetched HKD500 million.
News
Amora Hotels and Resorts commence $73million transformation of Adelaide landmark
Amora Hotels will take over and transform the Adelaide city center property with a $73 million renovation completing in mid-2027.
A.S Hotels Signs Wyndham Garden Khajuraho Airport Road in Partnership with Wyndham Hotels & Resorts
The 92-key property will be strategically positioned near UNESCO World Heritage monuments and is scheduled to open in Q3 2027.
IHG Hotels Resorts Focuses on Three Leading Commercial Engines to Build a New Business Travel Ecosystem
IHG launches three commercial engines in Greater China to capture business travel recovery, combining network expansion with digital tools and loyalty benefits.
BMIHMS claims Australia’s top spot in Hospitality in 2026 QS Rankings
BMIHMS rose to No. 1 in Australia for Hospitality and Leisure Management, ranking No. 21 globally and No. 3 in Asia in the 2026 QS World University Rankings.
HVS Insights: Journeys Through Uncertainty - The Middle East Crisis and Its Impact on India’s Hospitality Sector
HVS analysis reveals how Middle East tensions are disrupting global aviation while creating opportunities for India to capture redirected demand and strengthen domestic tourism.
Sea turtle hatching at Banyan Tree Vabbinfaru for the first time in more than a decade
Olive Ridley turtle eggs laid in January hatched after nearly a decade absence, highlighting the resort's 20-year Marine Lab conservation program.
Marriott International and Sun Group Strengthen Strategic Relationship with the Signing of 10 New Hotels, Expanding Presence within Major Developments in Vietnam
The agreement brings almost 4,500 keys across Phu Quoc and Vung Tau, marking W Hotels and Moxy's Vietnam debut with openings from 2027-2030.
Veriu Group unveils extensive refurbishment of Punthill Essendon and Punthill Williamstown
The $1.6 million investment across 98 total keys included new furniture, upgraded technology, and improved connectivity over nine weeks.
Capstone Hotel Management and Marsden Group Merge to Form New Zealand's Largest Independent Hotel Platform
The merger creates a 45-property platform with 2,500+ rooms, combining Capstone's management expertise with Marsden's capital to compete with international operators.
IHG signs Crowne Plaza Resort in Sohna, Gurgaon NCR
The 150-room resort will target wedding celebrations and corporate events, opening Q1 2029 in the National Capital Region.
Mr. Lalit Singh Muktawat Signs Ramada Resort by Wyndham in Kota, Rajasthan
The 200-room riverfront resort will open in March 2029, targeting corporate and leisure travelers in Kota's growing educational and industrial market.
What’s Wrong with Philippine Tourism - and What Needs to Be Done
The analysis identifies execution gaps, fragmented coordination, and lack of commercial leadership as core barriers limiting Philippine tourism's performance relative to regional competitors.
By Terence Ronson, Founder & Managing Director, Pertlink Limited
Corinthia Hotels, ShiLong Industry Co and Geminus Group Announce Partnership to Launch Corinthia in Chengdu
The 150-room luxury hotel will anchor a 225m mixed-use tower in Chengdu's high-tech district, opening in 2032 with RMB 4.0 billion total investment.
Motto by Hilton to Debut in Australia with Sydney CBD Property
The 152-room property will open in late 2027 on York Street, marking Hilton's seventh brand in Australia and first Motto location.
IHG brings InterContinental brand back to Manila
The 212-key luxury hotel will open in 2032 in Bonifacio Global City, marking the brand's return after a 15-year absence from the Philippine capital.
Hilton Enters Mongolia with the Signing of Conrad Ulaanbaatar, Marking a New Chapter for Luxury Hospitality in the Capital
Hilton's first Mongolia property will feature 227 rooms in a mixed-use tower, opening 2028 in Ulaanbaatar's business district.
Marriott International Signs Landmark Agreement with KS Hotels to Introduce The Luxury Collection to Cambodia and Laos
Two iconic boutique hotels in Siem Reap and Luang Prabang will convert to The Luxury Collection brand by 2026-2027, marking Marriott's debut in Laos.
Hyatt Announces Signing of Agreement for Hyatt Place Ahmedabad Nikol, Expanding Its Essentials Portfolio in India
The 140-key property, developed by Golden Buildcon, will include a ballroom and meeting spaces in Gujarat's commercial hub.
Wharf Hotels improves hotel budgeting with localised Financial Planning & Analysis in FairPlanner by Fairmas
Wharf Hotels replaced Excel-based budgeting with FairPlanner software, reducing manual work and improving forecasting accuracy across 60% of properties in China.
By Kinza Raheel, International Marketing & Communications Manager, Fairmas GmbH