Accor Hotels caught the Singapore hotel industry by surprise with its latest deal with Global Premium Hotels, which operates Fragrance Hotel, a low budget brand that has a tinge of sleaze as many of its properties rent by the hour and are commonly used for sex.
Marriott International is faring better than its industry rivals in the increasingly important Chinese market, thanks to its Alibaba partnership and expanding market portfolio in the country.
Global hotel chains are going beyond kettles and congee to warm the hearts of Chinese domestic travelers, a market worth a reported $734 billion (RMB5.05 trillion) last year.
If you've ever gotten off a long flight and thought to yourself, "I miss being on a plane," then the Haneda Excel Hotel Tokyu has the room for you.The airport hotel near Tokyo's Haneda International Airport has installed a full flight simulator inside one of its rooms that guests can book for 90-minute flying sessions.
OYO launched in 2013 in India but has rapidly expanded to the U.K., China and most recently to mainland Europe through the acquisition of @Leisure. The company has also raised significant funding rounds including $1 billion led by Softbank in 2018.
Founded just six years ago by a 19-year-old entrepreneur from one of India's poorest states, Oyo Hotels and Homes has grown so fast that it already ranks among the largest hotel chains in the world. In fact, going by the number of properties it claims in its network, Oyo is by far the biggest, twice the size of No.
Radisson Hotel Group will be co-branding some of its European properties with the name of new owner Jin Jiang as part of a plan to boost the number of Chinese visitors.
Oyo has inked a strategic partnership with China's Ctrip, Oyo founder Ritesh Agarwal announced at Skift Forum Asia in Singapore on Monday. The deal is meant to help elevate the budget hotel chain's business in China, where Oyo has more rooms than it does in India but sees a lower yield in the mainland than in its homeland.
Airbnb has crossed one million listings across Asia-Pacific, and more than 100 million guests have checked into an Airbnb in the region, providing hosts with earnings of around $10 billion. Yet it is "still early days" of growth, said Siew Kum Hong, regional director of Airbnb Asia-Pacific, in a session at Skift Forum Asia on Monday in Singapore.
On November 26, 2008, 10 young men in an inflatable dinghy came ashore in Mumbai, India, and slipped into the city undetected. They had been sent by Lashkar-e-Taiba, a Pakistani-based terrorist group.