International hotel brand penetration in APAC, Accor to debut Mövenpick across China as a franchise and more...

International hotel brand penetration in APAC

Wednesday, 3rd August 2022

The hotel supply in Asia Pacific grew rapidly over the past decade and operators keep looking for opportunities by fine-tuning their entry strategies, while owners evaluate affiliating their property/-ies with a brand or not.

This article analyses the current hotel supply and the penetration rate of internationally branded hotels in Asia Pacific based on HOG data and investigates the situation of hotel supply in top cities in the region >>

Accor to debut Mövenpick across China as a franchise
3 Aug 2022 : Together, Sunmei and Accor plan to open more than 400 Mövenpick by Accor smart technology hotels across China, representing more than 60,000 guestrooms >>

Europe hotel transaction news
3 Aug 2022 : Hotel news and transactions from around the European region: Costafreda family acquires El Hotel Curious in Barcelona and more >>

The Unbound Collection by Hyatt brand to debut in India
3 Aug 2022 : Hyatt Hotels Corporation announced plans for the debut The Unbound Collection by Hyatt brand in India with the signing of a management agreement for Bhopal's Noor-Us-Sabah Palace >>

HIGHLIGHT ARTICLE

Benefits of Cloud-Based Revenue Technology
Wednesday, 3rd August 2022

You may be wary about adopting a cloud-based solution for your revenue management.

But with zero downtime, easy access from anywhere, and the ability to share the same data in real-time across multiple users, cloud-based revenue technology is fast becoming the go-to for innovative hotel brands >>

Alternative Data and Emerging Technologies Will Drive Credit Decisioning in the Consumer Credit Market
As India’s economy recovers from the pandemic, businesses continue to be impacted and consumers continue to grapple with the aftermath of salary cuts and job losses >>

In case you've missed it: Global eNewsletter of August 02, 2022
Rotana announces the upcoming opening of Luxor Rotana, US and Canadian hotel results improving and more >>