Regenta

Accor opened its 800th hotel in Greater China as Vietnam's hotel market gains ground on rivals like Phuket across Asia. Plus, more hotel deal and development news.

The JW Marriott Hotel Tokyo will open its doors on October 2nd in the Takanawa Gateway City development. Plus, more hotel deal and development news.

Thailand's cabinet has moved forward with withdrawing the draft bill for casinos and entertainment complexes. And more hotel development news.

The Crest Collection expands globally with new properties like Le Clef Bangkok and first Saudi Arabia location in 2028.

OYO plans to add 500 hotels in key religious hubs across India this year, focusing on high-quality accommodations for pilgrims and visitors.

OYO has acquired G6 Hospitality from Blackstone and will focus on growing and enhancing the Motel 6 and Studio 6 brands through technology integration, property upgrades, and expanded distribution, while maintaining existing agreements and leadership changes.

India is poised to lead Asia Pacific's hotel market in 2024, with record-breaking hotel investments and signings, particularly in Tier-2 cities.

Indonesia has imposed a moratorium on hotel and nightclub construction in Bali to curb overdevelopment and protect the island’s culture and environment.

SkyCity Entertainment may sell its Adelaide casino to Delaware North after agreeing to pay fines at its casino operations.

China hotel RevPAR for the week ending October 14th increased by 73.4% YoY, with a -35.5% comp from 2022, but was still down -18.3% compared to the same week in 2019. The Ascott Limited introduced The Crest Collection brand in Asia, opening three properties in Singapore, Indonesia, and Malaysia with heritage-themed hospitality experiences. Various hotel developments and transactions include Royal Orchid & Regenta's new property in Mysuru, a 4-star hotel sale in Vadodara, Lemon Tree Hotels' franchise agreement in Vadodara, Kenilworth Hotel's upcoming project in Coimbatore, Bong Sen Corp's plan to sell assets in Vietnam, and BWHSM Hotels' expansion in Bangkok. Pride Hotels Group appointed Chandrashekhar Belose as Corporate Chief Engineer, focusing on sustainability measures.