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.
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.
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.
AHOCA launched its first regional chapter outside the US in Hong Kong, aiming to connect American Chinese hotel owners with Asian hospitality leaders for cross-border investment and partnerships.
Adelaide hotels saw ADR rise 6.6% and RevPAR gain 5.7% in May 2026, driven by the Australian Tourism Exchange, though occupancy dipped 0.9% as new supply entered the market.
JLL analysis identifies $790M in 2025 hotel transactions and $2.2B in conversion-linked deals over five years, with luxury assets outperforming and visitor arrivals forecast to reach 53.8M by 2026.
WTTC's 2026 EIR data shows China's T&T sector grew 9.9% to $1.8 trillion in 2025, with 68M+ international arrivals and a projected doubling to $3.5 trillion by 2036.
Accor gathered 270+ franchise partners and owners in Sydney to discuss growth strategy, investment trends, AI-driven efficiencies, and loyalty, covering its 420+ Pacific properties.
WITT has certified five new properties across Vietnam, Indonesia, and Nepal, bringing its global total to nearly 200 as the Asia-Pacific wellness tourism market heads toward $204B by 2026.
Accor surpasses 150 franchise hotels in Australia and New Zealand, marking the Pacific as its largest and fastest-growing franchise network, with the greet brand set to launch in the region.
AHOCA launches its Asia Chapter in Hong Kong on May 26, bringing together US and Asian hotel owners and investors to foster cross-border ownership and capital partnerships.
Weekly Asia Pacific deal digest covers Goldman Sachs' KRW53B Seoul hotel acquisition, an Ichigo Hotel REIT divestment in Tokyo, Journey Beyond's Kakadu purchase, and airport expansions in Vietnam.
IHG opens two ANA Holiday Inn properties in Japan on consecutive days, marking the first international full-service hotels in Sanda City (130 rooms) and Tosu City (127 rooms), operated by Select Hotels Group.
Marriott and Concept Hospitality's Series by Marriott brand hit 75 signings and 50 open properties across 43 Indian cities in under six months, adding 3,556 rooms to Marriott's India portfolio.
Sofitel's second La Haute Croissanterie collection features 10 fruit-filled croissants available at 36 properties worldwide, including 11 in Asia, from June 1 to August 28, 2026.
JLL reports luxury hotel transactions in Asia Pacific hit $2.1 billion in 2025, with luxury deals now accounting for nearly 20% of all hotel transactions, up from 8% in 2017.
PATA ratified 15 new Board members at its Annual General Meeting during the 2026 Annual Summit in Gyeongju, Korea, adding representatives from hospitality, academia, government, and youth sectors.
Minor Hotels is rebranding Anantara Vacation Club to Minor Vacation Club to reflect expanded access across its full portfolio, with two new Club Resorts launching in Japan later this year.
HVS Asia Pacific's weekly roundup covers four transactions: Pro-invest acquires Sydney's Coogee Sands for AUD100M, Shama Hollywood Hong Kong sells for HKD203.8M, Cairns Harbourside Hotel sold for AUD30M, and Shun Ho Property executes a HKD48.1M share buy-back.
The portfolio spans 1,500 keys across Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram, marking Kimpton's India debut.
VLC Group, owner of multiple Phuket hotels including Marriott properties, will develop NLCS Phuket as a premium boarding school for Thai and international families.