Asia Pacific Hotels Post Negative Results for 2019: Report
(BUSINESSNEWSASIA) – Hotel occupancy in the Asia Pacific region dropped 1.3 percent to 69.3 percent last year while average daily rate (ADR) plunged 2 percent to $98.73 and RevPar fell…
Singapores’ Pan Pacific Hotels Expands Footprint in North America
Pan Pacific Hotels Group, a member of Singapore-listed OUL Group Limited, one of Asia’s most established hotel and property companies, has expanded its presence in North America with the rebranding…
RedDoorz To Reach 1 Million Occupied Room Nights by December
RedDoorz, Southeast Asia’s largest and fastest growing hotel management and booking platform, announced it will reach 1 million occupied room nights by December 2019, a result of the business doubling…
Thailand’s Centara Hotels Appoints New SVP for Business Development
Centara Hotels & Resorts, Thailand’s leading hotel operator, announced the appointment of Andrew Langston, a British national with over 34 years’ experience in hospitality management and development, to help execute…
Megaworld Expands Hotel Business
PHILIPPINES – As part of its business strategy in strengthening its recurring income, Megaworld (PSE:MEG) is also expanding its hotel business with the launch of its third hotel brand this…
APEC Organizers Say Cebu Hotel Rates Market Driven, Not Overpriced
The Asia Pacific Economic Cooperation National Organizing Council (APEC NOC) has released the result of its investigation on the alleged overpricing of hotel rooms rates in Cebu ahead of the…
Wyndham Hotel Signs 7 More Ramada Properties in China
Wyndham Hotel Group has signed seven additional Ramada properties across China, in the provinces of Sichuan, Shandong, Hubei, and Jiangsu, the company said in a statement. The announcement by Wyndham,…
Philippine Government Orders Probe on Cebu Hotel Overpricing As APEC Meetings Near
CEBU CITY – The Philippine Government has ordered the Department of Tourism (DOT) to investigate reports that some hotels in Cebu have increased their rates for the upcoming Asia Pacific…
Hyatt Hotels Corp Names Interim Financial Officer
CHICAGO, USA – Mark Hoplamazian, President and Chief Executive Officer of Hyatt Hotels Corporation announced the appointment of Atish Shah as Senior Vice President, Interim Chief Financial Officer, pending the…