Hotel Performance Hope Springs in Asia Pacific
Skift Take
Asia Pacific hotel markets are still struggling more than the U.S. and parts of Europe, but signs are pointing to a flickering of life in coming months with border reopenings and potentially even some massive holiday travel in China.
Daily Lodging Report
Skift’s Daily Lodging Report is a subscription-required, email-only newsletter read by anyone and everyone in the hotel investor, owner, and operator space, including CEOs of some of the industry’s top brands. It covers North America and Asia Pacific with two separate regional editions.Here’s a sampling of what the Daily Lodging Report provided to its readers this past week. If you’re not a subscriber, you should be. Don’t wait. Sign up now here.
Sunday, Jan. 23Accor announced that 2021 was a record-breaking year for signings in North & Central America. Most noteworthy deals for the region include the 550-room Fairmont Orlando and a yet-to-be-announced Fairmont projects, both opening in 2025; the Hotel Belmont Vancouver - MGallery Hotel Collection in late 2021 and Mayaliah Tulum Hotel & Residences - MGallery Hotel Collection, opening in 2024; and two Novotel developments in Mexico, both slated for 2023. 2021 major openings for the Group include the unveiling of the re-imagined Fairmont Century Plaza in LA; the opening of Novotel Mexico City Toreo; the reopening of Berkeley Park Hotel in Miami, following an $18 million renovation, as the newest member of the MGallery Hotel Collection. In 2022, Accor will introduce two of the Group’s ultra-luxury brands into the North American market with the opening of Sofitel Legend Casco Viejo, Panama; and Raffles Boston Back Bay Hotel & Residences. Through Accor’s joint venture with Ennismore, the Group has signed several major projects expanding the presence of SLS and Morgans Originals brands. These include Artista San Antonio, a Morgans Original, opening in 2023; SLS Scottsdale, ope
