Parmelia Hilton Perth Completes AUD45 Million Refurbishment, Three Vietnamese Infrastructure Projects Inaugurated in January 2021, Access Road to Tourist Spots in Cebu Town Completed, Myanmar's First Community Tourism Island Opens in Kyunsu.
The Fern Hotels & Resorts, India's leading environmentally sensitive hotel chain will be opening 8 new hotels in the first half of 2021, informed Noshir A Marfatia, Senior Vice President - Sales & Marketing, The Fern Hotels & Resorts.
Centara Hotels & Resorts, Thailand's leading hotel operator, expands its footprint in Southeast Asia, following the signing of Hotel Management Agreements (HMAs) for one resort in Khao Yai, Thailand, and two resorts in Vang Vieng, Laos, adding 304 keys to Centara's group portfolio.
Ascott Residence Trust (ART) has obtained a S$50 million five year green loan from DBS Bank Ltd (DBS), making ART the first hospitality trust in Singapore to secure a green loan. Proceeds from the green loan will be used to finance ART's maiden development project and coliving property, lyf one-north Singapore.
Radisson Hotel Group overcame significant global challenges in 2020 to expand its portfolio of properties in Asia Pacific, with the addition of 84 exceptional new hotels and resorts, covering eight of its distinct brands.
Sunway Resort, the spectacular flagship of Sunway City Kuala Lumpur, has announced a ground-breaking partnership with Gordon Ramsay Restaurants to open the world-renowned, multi-Michelin starred chef's first-ever restaurant in Malaysia, marking the start of an exciting new era of international gastronomy for the country.
Centara Hotels & Resorts, Thailand's leading hotel operator, is playing a key role in helping to restart the Asian tourism industry, after its popular beachfront retreat on Sri Lanka's stunning southwest coast was selected to take part in an innovative new initiative to safely reopen the island to inbound visitors.
Brown Investments Acquires 55.65% Controlling Stake of Serendib Hotels, The Big Banana Set to Embark on AUD50 million Masterplan Over 20 Years in Australia, Tripartite Partnership to Launch Stimulus Recovery Plan Campaign in Malaysia, New MYR425 Million Ipoh Convention Centre to Boost Business Tourism.
Snow Lake Capital Limited, a leading Asian alternative investment management firm with over US$3 billion in assets under management, today sent a letter to the MGM Resorts International (NYSE: MGM) ("MGM" or the "Company") Board of Directors urging them to sell 20% of their MGM China Holdings Limited (HKEX: 2282 HK) ("MGM China") business to a Chinese company as a strategic investor.
The member governments of the Greater Mekong Subregion agreed at the recent 46th GMS Tourism Working Group Meeting on December 3rd, 2020 to postpone the Mekong Tourism Forum in Bagan, Myanmar. The Mekong Tourism Coordinating Office (MTCO) has been working closely with the Ministry of Hotels and Tourism of Myanmar to plan the annual flagship tourism conference in the Greater Mekong subregion.
