Australia

By expanding its exclusive Centara Grand and Centara Reserve brands, the group is advancing its goal to be a top 100 hotel company worldwide by 2027. And other hotel news.

Kimpton Naluria Kuala Lumpur will debut by end of 2025. The hotel industry sees major renovations with Hyatt Regency Austin's $150M upgrade and a Barbados luxury relaunch.

Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.

International tourism revenue in India soared to $36.8 billion in 2024, marking a 9% increase above pre-pandemic levels.

Marriott opened its first StudioRes hotel in Fort Myers, marking the company's entry into midscale extended stay lodging.

Hilton announces partnership with Delhi International Airport Limited to open Waldorf Astoria and Hilton Hotels at GMR Aerocity.

The Crest Collection expands globally with new properties like Le Clef Bangkok and first Saudi Arabia location in 2028.

Fliggy forecasts strong Dragon Boat Festival travel rebound while Accor transforms Shanghai's Peace Hotel into Raffles.

Small private equity firm KSL Capital Partners took a majority interest in sustainable luxury hotel brand Soneva.

The Leela owner, Schloss Bangalore’s IPO dreams are still alive, but not as grand as before.