Royal Group Continue Hotel Acquisition Spree
Category: Hotels, Posted:26 May 2015 | 06:00 am
Singapore's Royal Group is continuing to cut a wide-swath across the Asia Pacific hotel sector with their latest acquisition being the 540-room DoubleTree by Hilton Kuala Lumpur.
The seller of the hotel is real estate giant BlackRock.
Recent Royal acquisitions include the former Beaufort Sentosa which is being converted under management to a Sofitel.
On a broader scale the group also invested in buying and rebranding what is now the five star InterContinental Sydney.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]