AccorHotels aims to open 17 more hotels in Thailand including eight in Bangkok plus another six in Myanmar through 2019, to take advantage of rising tourism in Southeast Asia, Reuters
An interest in building direct bookings is growing quickly among hotels in Asia, as increasing competition within the distribution chain is eating away at profits.
“Achieving a healthy balance among
Marriott International launches its European Convention Network (ECN), a collection of 14 convention hotels with one dedicated contact person.
The ECN aims to provide a streamlined, cost-effective and comprehensive
Anantara Hotels, Resorts & Spas will open two luxury resorts in the Sultanate of Oman in mid-2016 – Anantara Al Jabal Al Akhdar Resort in the north east of Oman
Hard Rock Cafe will open three locations in China throughout 2016: Shanghai, with a three-level venue just off Nanjing Road; Hangzhou, as an anchor tenant in the new Kerry
Marriott International in Europe said it will double in size once its acquisition of Starwood Hotels & Resorts Worldwide is complete.
In Europe, the company will reach over 123,000
Thailand’s Erawan Group aims for 15 percent revenue growth this year. It projects an average occupancy rate of 80 percent in 2016, up seven percent from a year earlier.
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Intercontinental Hotels Group is interested in smaller deals to expand its portfolio, but won’t be growing for the sake of it, its chief executive told Reuters.
Consolidation in
