Asia Pacific hotel investments to cross $10 billion in 2023: JLL
Hotel investments in Asia Pacific will cool to $10.1 billion for 2023 due a variety of external factors, representing a year-on-year decline of 14%. According to JLL’s Hotels & Hospitality Group’s recently published Hotel Investment Highlights Asia Pacific.
Marriott International Announces Executive Appointments in Asia Pacific
These new appointments position the company for future growth in the region and tap into its leadership pool to better meet localized needs and support customers, associates, and owners, said Rajeev Menon, President, Asia Pacific (excluding China), Marriott International.
Hilton Singapore Orchard Appoints Linda Reddy as Hotel Manager
Linda Reddy has been appointed as the new Hotel Manager at Hilton Singapore Orchard. A seasoned veteran who thrives on team empowerment, Reddy, who has over 25 years of hospitality experience, will work with General Manager Cedric Nubul to lead the team in all aspects of hotel operations.
Ascott ramps up efforts to drive asset-light growth with key appointments in development team
The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, today announced that it is expanding its global business development team with the appointment of Ryan Chen and Dulaphan Amatyakul as Vice Presidents of Business Development.
JLL names Nihat Ercan CEO Hotels & Hospitality Group Asia Pacific
Mike Batchelor who previously held the position of Asia Pacific CEO will assume the role of Chairman of JLL’s Hotels & Hospitality Group in Asia Pacific.
