Marriott will convert three Reef Resorts properties in Playa del Carmen into Tribute Portfolio all-inclusive hotels by 2027, adding 676 rooms to its Mexico pipeline with renovations starting in late 2026.
Hyatt and Parks Hospitality Holdings will open two all-inclusive luxury resorts in Mexico in H2 2026: the 148-room Park Hyatt Riviera Maya and the 301-room Grand Hyatt Los Cabos.
Ascott and Sun Group signed agreements for four new properties in Ho Chi Minh City and Phu Quoc, bringing Ascott's Vietnam portfolio to 40 properties and over 10,100 units, with all projects slated to open in 2028.
Asian hospitality investment round-up covers major serviced apartment acquisitions in Seoul and Malaysia, Singapore's tourism infrastructure expansion, and Vietnam's eco-resort development.
IHG will develop four hotels with 1,000+ rooms at Vietnam's massive Can Gio coastal development, including the first Holiday Inn Express and Garner properties in the country.
The 1,200-room, two-tower complex will include a 50,000-sq-ft casino and create over 2,000 jobs in Georgia's capital.
The 650-room resort will open in 2029 as part of Hyatt's expansion in Dominican Republic, adding to 150+ all-inclusive properties across the region.
The 189-room oceanfront property will convert to an all-inclusive model this summer to diversify revenue streams and improve profitability.