S hotels & resorts reports 40 million baht net profit in h1 2024
S Hotels and Resorts PCL (SET: SHR), the hospitality arm of leading international development company Singha Estate PCL (SET: S) reported robust second-quarter 2024 results, with a total revenue of 2,469.1 million baht.
Wyndham Hotels & Resorts reports strong growth in Asia Pacific
World’s largest hotel franchising company signed over 120 hotels across Asia Pacific in the first half of 2024, opened 74 new hotels and registered 8% Y-O-Y net room growth, equivalent to 15,100 rooms.
Asia Pacific hotel transactions surge 19% in H1 2024 - JLL
Asia Pacific recorded US$5.7 billion in hotel transactions over the first half of 2024, led by significant deals in Japan, China and Singapore, according to data and analysis by global real estate consulting firm JLL (NYSE:JLL).
JLL markets iconic Grand Mercure Roxy Hotel and shopping centre for collective sale minimum price of $1.25 billion.SGD
JLL (NYSE: JLL), as the sole marketing agent, has launched Roxy Square Shopping Centre / Grand Mercure Roxy Hotel (“Roxy Square”) for collective sale by tender, through Mr Tan Hong Boon, Executive Director, Capital Markets, JLL Singapore.
Mandarin Oriental to open a luxury resort and branded residences in Bali
Mandarin Oriental Hotel Group will manage a luxurious hideaway resort and private residences on Bali’s southern coast, nestled on the scenic Bukit peninsula scheduled to open in 2027.
The Outlook for Bali’s Visitor Markets & Star-Rated Hotel Occupancies
PT. Hotel Investasi Strategis release its latest report, "The Outlook for Bali’s Visitor Markets & Star-Rated Hotel Occupancies: Projections for 2024-2025.", delving into historical and projected foreign visitor numbers to Bali, offering crucial insights into future trends in star-rated...
Wyndham Hotels & Resorts announce the signing of Wyndham Semporna Resort Semporna
Wyndham Hotels & Resorts announce the signing of Wyndham Semporna Resort, the first large-scale overwater villa property development in Semporna, Sabah Malaysia in partnership with Goldstone Holdings.
Iconic Dusit Thani Bangkok hotel confirms reopening
Dusit International, one of Thailand’s leading hotel and property development companies, has confirmed that its reimagined flagship Dusit Thani Bangkok hotel will officially open to guests on 27 September 2024.
Mandarin Oriental Bangkok and Tokyo ranked #1 at the Travel + Leisure Worlds Best Awards
Mandarin Oriental hotels in Bangkok, Paris and Tokyo secure the coveted #1 spots whilst the Group secured a place amongst the Top 10 Favourite Hotel Brands of 2024.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.
