LONDON, 24 March 2017: Hotels in the Asia Pacific region reported mixed revenue and occupancy results during February 2017, according to the latest data from STR.
Based on US dollar constant currency, year-over-year comparisons, hotels in the Asia Pacific region saw occupancy increase by 8% to an average 68.7% during February.
However the average daily rate (ADR) slipped 5% to USD102.95. Read more
BANGKOK, 24 March 2017: The Thai government intends to work closely with the private sector to sift out illegal hotel operators that sell rooms through the online room bookings space.
Deputy Prime Minister General Tanasak Patimapragorn chaired a meeting of the National Policy Committee for Tourism, earlier this week to discuss the subject within the framework of tourism management and community tourism promotions, according to the National News Bureau.
Gen Tanasak noted at the meeting that tourist arrivals had surpassed 6 million and generating more than THB300 million in revenue. Read more
BANGKOK, 20 March 2017: Best Western Hotels & Resorts aims to more than double its Asian inventory in the coming years, with the addition of multiple hotels, including many new-builds across the region.
Currently, Best Western Hotels & Resorts – Asia operates almost 40 hotels in eight Asian countries, comprising more than 5,000 rooms and suites.
Its regional pipeline now standing at 47 hotels and in excess of 8,000 keys, indicating the group is set to increase its cover in the region significantly in the coming years. Read more
SINGAPORE, 16 March 2017: Carlson Rezidor Hotel Group, announced, Wednesday, strong 2016 results with 77 hotel openings worldwide and 122 new properties signed, marking its fourth consecutive year of signing increases.
The global portfolio now includes 1,143 hotels and a inventory of 180,250 rooms as well as a global pipeline of 303 hotels and 50,000 rooms currently under development.
The group reported system-wide revenues of USD7.2 billion which were flat year-over-year. Read more
BANGKOK, 15 March 2017: Rembrandt Hotel Bangkok will host ‘Hope Fair’ 28 March.
Established in 2014, Hope Fair will attract more than 100 artisans, craft makers, chefs, and delicatessen outlets.
Vendors are selected for their history, their product lines and what they can offer the community. Read more
BAAR, SWITZERLAND, 14 March 2017: Mövenpick Hotels & Resorts is launching a ground-breaking new room category concept that guarantees guests what they value the most – a good night’s sleep.
All Mövenpick hotels in Germany, the Netherlands and Switzerland will feature this new room category from 17 March 2017, which is World Sleep Day.
The group teamed up with Swedish bed manufacturer YouBed and tested the concept for six months. Read more
LONDON, 14 March 2017: Additional room supply continues to put Singapore’s hotels under pressure according to the latest STR’s preliminary for February
The data showed Singapore enjoyed a slight occupancy growth, but at the cost of significantly lower rates.
Figures based on daily data in February showed supply increased 4% and demand for hotel rooms 4.9%. Read more
BENGALURU, INDIA, 13 March 2017: Radisson Blu Atria Bengaluru opens, today, Monday, in the capital of India’s southern Karnataka state, Bengaluru.
Known for its high-technology industry, the city is also renowned for its beautiful parks.
Radisson Blu Atria Bengaluru is located a 45-minute drive from the Kempegowda International Airport (BLR) and a 10-minute drive from the city’s main railway station. Read more
BANGKOK, 9 March 2017: Bangkok-based international real estate developer, Country Group Development, will bring Capella, a worldwide luxury hotel brands, to the Thai capital.
The hotel is due to open in mid 2018 at a riverside site.
Country Group Development, CEO, Ben Taechaubol and Capella Hotel Group Asia CEO, Nicholas Clayton, attended the first property’s official topping off ceremony 8 March. Read more
HUA HIN, 7 March 2017: Hotel management company, Compass Hospitality, will unveil its luxury brand with the opening of Ananda Hua Hin Resort & Spa, 1 April.
The new high-end brand is the latest addition to the group’s existing three brands – Compass, Citrus, Citin.
It also marks the 42nd managed property across its operating markets in Thailand, Malaysia and the UK. Read more