South Korean firm leads consortium to acquire US hotels under China’s...
A consortium led by South Korea’s Mirae Asset Global Investments (MAGI) has agreed to buy 15 hotels in the US from China's troubled Anbang...
YTL seals deal to bring AC Hotels by Marriott into Malaysia
Marriott International has signed a landmark agreement with YTL Hotels to bring AC Hotels by Marriott, a design-led lifestyle brand, to Malaysia.
Under the agreement,...
Centara adds three new hotels to Phuket portfolio
Thai hospitality group Centara Hotels & Resorts has signed management agreements for three new hotels owned by Maikhao Dream Company in Phuket’s Mai Khao...
Traveloka rolls out insurance services aimed at Indonesians
Indonesia's OTA unicorn Traveloka has launched insurance products under Traveloka Protect, which is aimed at capturing Indonesia's largely untapped insurance market.
Traveloka Protect offers two...
Malaysia’s passenger service charge reduction draws opposing views
The Malaysian government will reduce the passenger service charge (PSC) for international flights from RM73 (US$17) to RM50 at all airports in Malaysia, except...
Thailand postpones levy on foreign visitors
Thailand's Ministry of Tourism and Sports (MOTS) has announced its decision to postpone plans to collect a tourism levy from foreign visitors, The Bangkok...
Bangkok to get its first Aman
Luxury resort brand Aman has signed a long-term partnership with Nai Lert Group to develop a hotel and branded residences in Bangkok, Aman's second...
China’s adventure travel market brims with untapped potential: study
China is an untapped market ripe for picking when it comes to adventure travel, with accommodation spend in adventure travel totalling US$$8.2 billion per...
Oakwood Premier Melbourne to rise in 1Q2022
Oakwood has made its foray into Australia's luxury hotel and serviced apartments segment with the signing of Oakwood Premier Melbourne.
Scheduled to open in 1Q2022...
Tiket.com launches new millennial-centric features in quest to become a travel superapp
Indonesia-based OTA Tiket.com has unveiled its ambitions to become a superapp in the travel industry, as the company keeps its sights trained on the millennial market.
Speaking...
