HOFEX To Be Held In May

Phuket’s Hilton Garden Inn Transacts to TriO Capital

Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. A strategic plan for a design and development upgrade under TriQ will kick off at the end […]

South Korea Tops Asia’s Branded Residences Pricing Premiums In C9 Hotelworks Latest Report

Category: Hotels|Real estate, Posted:11 Sep 2024 | 10:17 am South Korea’s luxury real estate market has evolved significantly, transitioning from traditional residential properties to innovative branded residences. The trend began in 2008 when The Ananti Hotel introduced a pioneering co-ownership model, targeting affluent buyers seeking luxury vacation homes and social prestige. This success spurred other domestic brands like Lotte and Hanhwa Resorts to follow […]

New Zanzibar Market Report From C9 Hotelworks Highlights Surge In Tourism Demand

Category: Hotels|Tourism, Posted:10 Sep 2024 | 14:41 pm Zanzibar’s tourism industry is experiencing a remarkable resurgence, having successfully surpassed pre-pandemic visitor numbers since 2022 according to a new report by C9 Hotelworks. In 2023, the island welcomed over 638,444 visitors from around the globe, marking a significant recovery. Projections for 2024 indicate a further 9% growth, with January to May arrivals reaching 255,408 […]