Press Releases

Centara Hotels & Resorts and NUO International Forge Strategic Alliance to Drive Global Expansion

 Centara Hotels & Resorts, Thailand’s leading hotel operator, and NUO International Hotel Management Co., Ltd., recently signed a strategic Letter of Agreement to collaborate on brand development and international expansion. This landmark partnership represents a powerful alliance between two leading hospitality brands and a meaningful exchange between “Chinese Service” and “Thai Hospitality,” aimed at delivering exceptional experiences to global travellers.The signing ceremony, held at NUO Hotel Beijing, was attended by senior executives from both organisations, including Mr. Thirayuth Chirathivat, Chief Executive Officer of Centara Hotels & Resorts, Mr. Michael Henssler, Chief Operating Officer, alongside Mr. Jack Xia, Managing Director – Centara China, Mr. Tyrone Tang Ming, General Manager of NUO International, Mr. Andy Xu Jia, Deputy General Manager, and Ms. Yuki Qu Jing, Vice President of Marketing.

STR Weekly Insights: 2-8 November 2025

Against an easy comparable from last year’s presidential election week, U.S. revenue per available room (RevPAR) rose 6.2% for the period ending 8 November. The gain was fairly balanced with a 1.5 percentage point increase in occupancy and a 3.6% rise in average daily rate (ADR).

Whitebridge APAC Hotels Monitor, Issue 12

According to McKinsey, economic activity was strong across much of the region in Q2 2025 as companies front loaded activity to capitalise on a pause in the implementation of reciprocal tariffs. Vietnam continues to be South East Asia’s best performer. Chinese inbound tourism is recovering strongly, driven by relaxed visa regulations, visa-free transit options and restored international air routes. India remains one of the fastest growing economies in the world and Australian tourism goes from strength to strength (forecast to hit 10m arrivals in 2026).