Hotel Business News - Asia / Pacific.
Hyatt Hotels Five Ista Hotels in India to Be Rebranded As Hyatt Hotels. Hyatt Hotels Corporation said a Hyatt affiliate has signed a management agreement with IHHR Hospitality Private Limited (IHHR) for five Ista hotels in India to be re-branded by Hyatt Oct 30, 2012
Marriott Hotels Marriott Unveils Aggressive Growth Plan for Asia-Pacific Region. Marriott International announced that it expects to more than double the size of its portfolio in the Asia-Pacific region in the next few years. Nov 1, 2012
Marriott Hotels Marriott plans to double presence in China. Marriott International plans to expand its Chinese presence from 60 to 125 hotels and its overall Asian presence to 260 hotels by 2016. The new hotels will span Marriott's range from luxury to budget in an effort to cater to the increasing market for travel in China. "There aren't that many hotels given the pace of growth and the expectations of future growth," said president and managing director for Asia Pacific Simon Cooper. Oct 31, 2012
Ryugyong Hotel World's tallest hotel to open next summer in North Korea. The world's tallest hotel is set to partially open next summer in the North Korean capital of Pyongyang, part of a bid by the government of Kim Jong Un to attract foreign currency to the impoverished country. The 105-story Ryugyong Hotel, whose name means "capital of willows" in Korean, will measure about 1,083 feet tall and feature shops, restaurants and a ballroom. It will be run by German luxury-hotel operator Kempinski. Nov 2, 2012
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|Date:||Nov 5, 2012|
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