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Worlds Top 10 Hotel Group Rankings Released

Category: Hotels, Posted:05 Jun 2009 | 06:46 am

The InterContinential Group has remained the world's number one group in terms of hotel rooms with over 600,000 according to MKG Hospitality's recently released 2009 ranking. IHG's brands include the core InterCon, Crowne Plaza, Holiday Inn, Holiday Inn Express and the recently launched Indigo brand.
Following the list in order is Wyndham Worldwide, Marriott International, Hilton, ACCOR, Choice, Best Western, Starwood Hotels and Resorts, Carlson Hospitality and rounded out by Global Hyatt. The fastest growing chain on the list was Hilton with an increase of 9.3%.
Many of the brands mentioned are centric to the US lodging market and offer franchising which is not commonly practiced in Asia, with full management being preferred by the chain. Many analysts in the industry are expecting brand consolidation and some merges or acquisitions with firms who are publicly listed seeing a free fall in stock prices over the next 12-24 months.

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Explorar Brand Spurs Expansion With Koh Samui and Koh Pha-ngan Acquisitions

Category: Hotels, Posted:19 Jun 2022 | 09:22 am Boutique hotel group Pavilion’s experience-focused spin-off Explorar Hotels and Resorts has expanded its growing footprint by acquiring a 125-key resort in Bophut, Koh Samui, and 75-key property in Koh Pha-ngan. Both resorts were previously owned and operated under ‘The Coast’ tagline. The two will be conversions and join an upcoming resort in El Nido, Palawan. […]
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Thailand’s Traveler Restrictions Set to Roll Back 1st July

Category: Hotels|Tourism, Posted:18 Jun 2022 | 09:14 am The wait is over for Thailand’s battered hotel and tourism sectors, with an announcement by the government that the cumbersome Thailand Pass process will be removed by 1st July. Travelers to the Kingdom will no longer be subjected to the online application and approval process. Another restriction for tourists is the Covid-19 USD10,000 insurance requirement, […]
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Thai Group CPN Investing Into 37 New Hotels

Category: Hotels, Posted:12 Jun 2022 | 15:46 pm Thailand’s listed CPN Group (Central Pattana PCL) is set to inject USD288 million into 37 new hotels across Thailand. CPN’s reported strategy is to include hotel components in every new mixed-use retail project across the country. The investment is being targeted into three tiers of hotel assets. The first is a new budget chain Go!. […]
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