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Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed

Stephanie Ricca of CoStar reports from the recent Americas Lodging Investment Summit CALA conference that despite the inherent uncertainties in Latin America and the Caribbean, global hotel brand leaders are optimistic about long-term growth opportunities in the region. They are banking on strong intra-regional travel and reliable local financing partners.
Source: New feed

The first Hotel Management Agreement under this partnership has been signed for a property in Luang Prabang, Laos, marking the beginning of RJJ Hotels’ operations in Southeast Asia.
Source: New feed

A partnership between IHG Hotels & Resorts and Ashaad Company will see the development of three new hotels in Saudi Arabia, adding 1700 rooms to the country’s hospitality sector.
Source: New feed

The luxury hotel, developed in partnership with Krivish Hospitality Private Limited, will be situated on an 11.5-acre site in Indore, Madhya Pradesh.
Source: New feed

Nassau Airport Development Company (NAD) has reissued a Request for Expression of Interest for the development of a hotel at Lynden Pindling International Airport. The company aims to meet increasing demand in the tourism sector and contribute to a broader development plan.
Source: New feed

Hyatt Hotels Corporation is set to expand its luxury portfolio in Argentina with the introduction of a new hotel, Casa Duhau. The hotel, which will be part of the Unbound Collection by Hyatt, is expected to begin construction by the end of 2025.
Source: New feed

Minor Hotels has declared a strategic repositioning of Oaks Hotels, Resorts & Suites, transitioning from serviced apartments to a full-service brand.
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Marriott International has signed an agreement with VERKEHRSBUERO HOSPITALITY to open five hotels in Austria, introducing more than 1,100 rooms across the Tribute Portfolio, AC Hotels, and Four Points Flex by Sheraton brands.
Source: New feed

Germain Hotels secures a $160 million investment round, led by CDPQ, to increase its Canada-wide expansion.Ê
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