Alan Woinski

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.

NHAAN Resort & Spa Hoi An officially opened reservations ahead of its grand opening on August 1. Plus, more hotel deal and development news from APAC.

Truist and Wells Fargo are bullish on hotel groups in their second-quarter forecasts. Plus, hotel development news.

Indian Hotels Company also promoted leaders, and IHG signed its first Regent hotel in Chengdu.

APA Hotel has acquired Kimpton La Peer in West Hollywood. Plus, more hotel development news.

Hotel guest satisfaction in North America continues to climb, with year-over-year improvements across every hotel segment in a JD Power study. Plus, hotel development news.

The DoubleTree Resort by Hilton Penang is on the market for about $60 million. Plus, more hotel development news in Asia Pacific.

The Justice family is working on a $500 million financial deal with Kennedy Lewis Investment Management LLC regarding the Greenbrier Resort in West Virginia.

Accor and Sun Group plan to add nearly 6,000 hotel rooms in Vietnam while JD.com converts a Hong Kong hotel into student housing. Plus, more hotel deal and development news.