The hotels span cities and markets, including Beijing, Shanghai, Guangzhou, Shenzhen, Zhanjiang, Yinchuan, Hulunbeir, Nanchang, and Yichang. Plus, more hotel deal and development news from APAC.
Flexible financing is becoming more than a way to complete a travel purchase. For airlines and other travel brands, the next opportunity is using financing to support brand equity and profits.
IHCL would have preferred to enter Switzerland first, but instead chose Frankfurt, where strong India connectivity promised quicker returns, rather than rushing into a costlier, lower-yield Swiss market.
Hand developers a blank slate on travel's infrastructure, and they don't rebuild search. They go after the phone calls and broken connections travel never digitized — a clear sign on how new or external builders see travel AI's biggest pay-offs.
Park Hyatt Tokyo proves that preserving a great hotel is less about furniture than judgment. The renovation succeeds. The harder task now is ensuring the next generation of hoteliers can inherit the culture that made the building matter in the first place.
Fresh off its own acquisition, Hyve is wasting no time executing its new owner’s growth-by-acquisition strategy — with AI as its first major expansion.
Travelers are reorganizing their entire journeys around concerts, sports, and festivals. Live tourism has moved from a niche uplift for travel operators to a primary demand driver influencing yield, seasonality, and infrastructure planning.
Vlad Doronin’s OKO Group and Shinsegae Group are starting a new fund to develop luxury hotels and other properties. Plus, more hotel deal and development news from APAC.