Who's up, who's down: Will falling tourist arrivals pose a challenge for hotel owners next year?
With fewer than six weeks to the end of the year, tourism industry players doubt that Malaysia will hit its annual arrivals target of 29.
With fewer than six weeks to the end of the year, tourism industry players doubt that Malaysia will hit its annual arrivals target of 29.
KUALA LUMPUR (Nov 12): Far East Hospitality Holdings Pte Ltd, Singapore’s largest operator of hotels and serviced residences, has unveiled its plans to expand the Oasia brand with Malaysia a key plank of its strategy.
(OCT 21): Cabrits Resort Kempinski Dominica, a luxury hotel in Douglas Bay in Cabrits, will be the first government-approved real estate project under the Citizenship by Investment programme of the Commonwealth of Dominica, under which investors who purchase a share in the development for US$220,000 will be able to obtain citizenship of the country.
SINGAPORE (Oct 21): Malaysia’s first Pan Pacific Serviced Suites, a joint venture by Singapore-based real estate developers Pacific Star and DB2 under their joint member company Pearl Discovery Development Sdn Bhd, is scheduled to open in early 2018 at Puteri Harbour in Nusajaya, Iskandar Malaysia.
LONDON (Oct 20): Battersea Power Station Development Company (BPSDC) and art’otel have confirmed the signing of a hotel management agreement for the art’otel london battersea power station, which is scheduled to open in 2019 in the heart of London.
Minor Hotel Group (MHG), the hospitality unit of Thailand-listed Minor International PCL, has teamed up with Khazanah Nasional Bhd’s Themed Attractions Resorts & Hotels Sdn Bhd (TAR&H) to develop a US$58 million (RM243 million) resort in Desaru, Johor.
BANGKOK (Oct 20): Best Western Hotels & Resorts has unveiled the first Vīb hotel, its new lifestyle boutique brand, in Vientiane, Laos.
TAIPEI (Sept 28): Marriot International Inc has made its debut in Taiwan with the opening of Taipei Marriott Hotel in Taipei's Dazhi area, Taiwan.
KUALA LUMPUR (Aug 25): Carlson Rezidor Hotel Group has signed three new contracts for hotels in the northern, southern and western parts of India.
BINTAN (June 27): The Haven Sdn Bhd aims to launch its S$1 billion integrated hospitality project here in Indonesia by year-end, said its CEO Peter Chan.