Thailand

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

Tanah Gajah in Bali is one of four properties unveiled by Puri Hadiprana under the new Hadiprana Hospitality brand.

The heirs of Dusit Thani’s founder refused to approve audited 2024 financial statements, delaying auditor appointments and triggering a trading suspension.

STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.

Hilton partners with ROX Group to open the first Tru by Hilton properties in Vietnam, marking the brand’s Asia debut.

Riyaz partners with Jin Jiang Hotels to expand five brands across Southeast Asia, signing first management agreement for Metropolo in Luang Prabang, Laos.

IHG and Choice were optimistic about the rest of the year, though Choice moderated its outlook. The lodging sector expanded with Kessler Collection and others breaking ground.

Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.

Hilton partners with UOL Group to bring the first NoMad hotel to Singapore, opening on Orchard Road in 2027.

Industry watchers expect Hong Kong to see at least single-digit growth in the number of mainland tourists over the five-day Labour Day Golden Week.