Hotels rethink their strategies
Located in the Business Bay district, Renaissance Downtown Hotel, Dubai features 298 guestrooms and 65 suites.
Mantra Group has secured the management agreement to operate a landmark new-build 46 storey hotel in the heart of Southbank in Melbourne.
Landing Jeju Development Co., Ltd. announced that the Group’s first hotel under its own brand – Jeju Shinhwa World Landing Resort, along with Landing Convention Centre opened on 11 November.
Preliminary October 2017 data for Jeddah, Saudi Arabia, shows hotels in the market saw occupancy decline 3% to 50.4%, but a 13.5% ADR increase to 871.40 Saudi Arabian riyals ($232.31) pushed RevPAR up 10.1% to 439.60 Saudi Arabian riyals ($117.19).
Marriott International, Inc. has announced the opening of Residence Inn Aberdeen, marking a debut in the Scottish city for the company’s extended-stay brand.
John Vasatka will take over as CEO this month for the Ani Villas’ collection of private resorts in Anguilla, Sri Lanka and Thailand, as well as a fourth property due to open later this month in the Dominican Republic.
The new-build development, to be constructed by Mori Trust, will comprise a 132-unit timeshare resort that will be owned and managed by Hilton Grand Vacations, as well as a Hilton-managed hotel with approximately 300 rooms. Hilton Okinawa Sesoko Resort is set to open in 2020, while the HGV timeshare resort is expected to commence operations in 2021.
Marriott International today announced the openings of two fresh new additions to its Moxy Hotels brand: Moxy Tokyo Kinshicho and Moxy Osaka Honmachi.
Singapore’s hotel market reported mixed performance during October 2017, according to preliminary data from STR. While occupancy rose 1.6% to 80%, ADR declined 2.2% to 270.66 Singapore dollars ($198.90) and RevPAR fell 0.6% to SG$216.59 ($159.16).