This week’s 5-Star Weekly Briefing highlights current trends, investments, and developments in the hotel sector.
Major regional news takes center stage as Marriott International signs a landmark 7-property portfolio expansion with FICO Corporation in Thailand, while Shangri-La Group and IHG Hotels & Resorts announce major luxury debuts across Japan. In Australasia, Pro-invest Group transforms its Queenstown asset into voco Queenstown, while CBRE data confirms luxury assets across Australia and New Zealand are significantly outperforming standard market stock. Meanwhile, Melbourne hotels recorded impressive September performance driven by major sporting fixtures, and regional executive movements highlight new leadership appointments across Ennismore, Accor, and Crowne Plaza Canberra.
Stay informed and stay ahead in the hospitality industry.