Ascott’s Oakwood portfolio expands into new destinations, including cities in India, Indonesia, Malaysia, South Korea and Vietnam; as one of the fastest growing global brands in Ascott’s portfolio in 2023.
Ascott expands Oakwood portfolio by more than 20% with over 20 new signings following strategic acquisition in 2H 2022
Ascott’s Oakwood portfolio expands into new destinations, including cities in India, Indonesia, Malaysia, South Korea and Vietnam; as one of the fastest growing global brands in Ascott’s portfolio in 2023.
JLL Transaction advisor to Delhi International Airport Limited as Chalet Hotels Limited successful bidder to Develop and Operate a Hotel at Terminal 3 Delhi Airport
Mr. Sanjay Sethi, MD & CEO, Chalet Hotels Limited, said, “We look forward to working with DIAL and best of the hotel brands to create a marquee asset in the airport district of New Delhi.”
Choice Hotels Asia Pacific has signed a 15-year Master Franchise Agreement with Suba Group of Hotels India
Choice Hotels India will transition from a direct franchise market to a master franchise model with Suba Group of Hotels. Choice Hotels Asia-Pacific CEO Trent Fraser said: “We’re incredibly excited to work with Suba Group of Hotels as we look to the next 15 years of portfolio growth for Choice...