Hotels
India’s Leela Palaces pins fiscal 2027 growth on luxury room shortage, affluent demand
The supply of luxury hotel rooms is limited at around 30,000 keys in the world’s most populous country, according to its CEO
Five-star hotels lead price increases in Milan during Winter Olympics
Ticket prices running into several hundred euros put the events out of reach for many
Celebrity chefs ‘disappear’ from Singapore hotels after high-profile debuts
Aussie chef Josh Niland is the latest to leave, at the end of his contract with Singapore Edition hotel
Australia’s first Trump-branded hotel planned for Gold Coast
The project has been nearly two decades in the making
Thai hotel empire weighs US$1 billion Reit, unit IPO to cut debt
Minor International will sell 14 hotels in Europe and Thailand into the Reit, which will be listed in Singapore in H2
Mandarin Oriental sees potential in South-east Asia to more than double its global footprint
This follows the opening of its first regional resort in Desaru Coast, where the group also plans to develop branded residences
Waldorf Astoria’s Chinese owners plan to sell iconic New York City hotel: report
Move comes months after it reopened following a multibillion-dollar overhaul
Mandarin Oriental launches its first South-east Asian resort in Desaru Coast
Set within nearly 52 hectares of rainforest, the property has 44 suites and a four-bedroom pool villa
China and India key to Hilton’s expansion in Asia-Pacific luxury travel market
The hotel group is growing its presence in Singapore, Malaysia and Vietnam with new openings this year and next
MBS Q4 earnings surpass S$1 billion to set new record
The property still has potential to keep growing, says parent company LVS