Knight Frank Survey reveals strong appetite for Malaysian Hotel investment with 64% of respondents looking to increase their exposure.
James Buckley, Executive Director Capital Markets, Knight Frank Malaysia, says “We do expect to see an increasing number of hotel transactions over the next 24 months.
Six Senses Welcomes Louise Smythe Director of Sales and Marketing Six Senses Fiji
Six Senses Hotels Resorts Spas is on a journey of growth and possibility and, as it expands, it is delighted to announce Five Directors of Sales and Marketing Six Senses group, Louise Smythe, Mona Metwally, Bobby Bazemore, Harry Tangalos, Michael Vance, two of whom are returning to the family....
The industry’s first loyalty program reinvents itself – Claire Bennett, Global Chief Customer Officer, IHG Hotels & Resorts, said, “This is one of the largest and most comprehensive investments that IHG Hotels & Resorts has made in recent years. It’s also the biggest development we’ve...
Turtle Island celebrates the return of Husband and Wife GM Team
With Fiji open again for travel from Australia, Turtle Island, a privately owned luxury island in the Yasawa Group, is not only welcoming back guests but also welcoming home husband and wife General Manager team, Rob and Landi Burns.
CBRE Appoints Ananth Ramchandran Head of Advisory & Strategic Transactions Hotels & Hospitality Asia
CBRE announced Ananth Ramchandran Head of Advisory & Strategic Transactions Hotels & Hospitality Asia. Steve Carroll, Head of Hotels & Hospitality, Capital Markets, Asia Pacific, said, “Ananth brings leadership and deep experience when Asia Pacific’s hotel sector is at an inflexion...
Quality Resort and Spa Patong Beach Phuket Opens as portfolio expands across Southeast Asia
Choice Hotels Asia-Pac, with La Vie Hotels and Resorts, introduce Quality Resort and Spa Patong Beach. Trent Fraser, CEO of Choice Hotels Asia-Pacific said the groups expansion into Thailand was an exciting step for the franchise group. The upscale resort located in the heart of Patong Beach,...
Marriott set to quadruple portfolio in Vietnam with pipeline of 30 Hotels
Marriott International, Inc. announces plans to expand its portfolio in Vietnam, to add nearly 9,000 rooms including Ritz-Carlton Residences, Marriott Hotels, Westin, and Courtyard by Marriott. “Vietnam experienced impressive pre-pandemic economic growth driven in part by coordinated development...
Rebound in Asia Pacific Hotel Investment Signals Sector’s Growing Appeal as Inflation Hedge: CBRE
Asia Pacific hotel investment staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The sector’s steady rebound was underpinned by a growing volume of capital seeking to increase their exposure to the sector, according to the latest CBRE research.
Leading designer boutique hotel collection Ovolo announces the promotion of Dave Baswal to Chief Executive Officer, allowing Founder and Executive Chairman Girish Jhunjhnuwala to focus on branding, development, and strategic growth of the business.
Leading designer boutique hotel collection Ovolo announces the promotion of Dave Baswal to Chief Executive Officer Ovolo Hotels allowing Founder and Executive Chairman Girish Jhunjhnuwala to focus on branding, development, and strategic growth of the business.