Tag: HICAP Update
Global hotel sales on the uptrend
GLOBAL hotel transaction volume, which plummeted to a ten-year low of US$10 billion in 2009, continued on the path to recovery last year, with...
Myanmar’s financial, judicial hurdles keep hotel developers away
A DEARTH of effective local financing solutions, as well as prohibitive foreign investment laws is preventing international hotel developers and operators from cashing in...
Premier Inn looks to grow Asia-Pacific footprint
PREMIER Inn, the UK’s largest hotel chain with over 40,500 rooms and more than 600 hotels, is keen to extend its reach in Asia-Pacific...
Ayala rolls out Kukun hotels
FILIPINO real estate developer Ayala Land is hastening its foray into tourism business through the introduction of a new hotel brand, Kukun, which is...
Jetwing Hotels bulks up in anticipation of Asian influx
JETWING Hotels will open seven new properties in Sri Lanka over the next three years to take advantage of the growing number of Asian...
Patina eyes global expansion
PATINA Hotels & Resorts is keen to expand into China, particularly Shanghai, and has also set its sights on Thailand, Hong Kong, Europe and...
Hoteliers tip Singapore rates to rise further
HOTELIERS in Singapore are confident that room rates will continue to rise, even with the latest Hotels.com index showing the destination already has the...
Wyndham to grow newly-acquired brands in Asia
WYNDHAM Hotel Group (WHG), which has acquired exclusive rights to franchise and manage Chatwal Hotels & Resorts' Dream and Night boutique hotel brands, is...
China losing its pull factor
PROPERTY buyers are on the prowl for opportunities outside of China, swayed by factors such as a looming supply glut in the Chinese market...
Asia warned of road bump ahead
HOTEL investors were cautioned that Asia’s spectacular growth would soon come to a slowdown, when the US finally pulls the plug on government life...
