Industry News

Waldorf Astoria Maldives Ithaafushi to open in July

Waldorf Astoria Maldives Ithaafushi is set to debut on July 1st.

The all-villa resort spans across three private islands, providing secluded enclaves and a tranquil escape for discerning travellers complete with a plethora of activities for guests of all generations.

Waldorf Astoria Maldives Ithaafushi will offer a sophisticated and serene retreat just 30-minutes from Malé International Airport via the resort’s private yacht.

An escape or families and couples in search of space and exclusivity, the resort boasts 122 luxuriously appointed villas, each equipped […]

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Akaryn luxury boutique hotels to launch in Indonesia and Vietnam

Akaryn Hotel Group, a homegrown Thai luxury boutique hotel specialist, is preparing to spread its wings and compete in international markets for the first time with the launch of its pioneering hospitality brands in Indonesia and Vietnam.

In the coming months, two of the group’s signature hotel concepts will make their international debuts. Aleenta, the original barefoot luxury brand that first launched in Thailand in 2004, will be introduced to Bali, Indonesia’s “Island of the Gods”. Akyra, the trend-setting boutique brand, […]

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Royal Caribbean’s new ship will ‘redefine the Asian cruise market’

Royal Caribbean International has taken delivery of the 26th ship in its fleet, Spectrum of the Seas, from Meyer Werft Yard in Bremerhaven, Germany.

The first in the Quantum Ultra class of ships, Spectrum of the Seas will arrive in Singapore on May 17 and homeport from Shanghai starting June 2019.

“Michael Bayley, president and CEO, Royal Caribbean International, said, “We have once again combined revolutionary ship design with the latest technologies to deliver a ship that will redefine the Asian cruise […]

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Far East Hospitality (FEH) is making its Vietnam debut with two boutique hotels set to open in Ho Chi Minh city by the end of this year

Lê Công Kiều Hotel will be located along its eponymous street, and will have an Indochina theme and a heritage flair. Facilities accompanying the 56-key property include a bar on the eighth floor; a steakhouse and wine cellar in the basement; and an all-day diner on the ground floor.

Over in Ho Chi Minh City’s Japan district, Ngô Văn Năm Hotel will have 30 rooms. The hotel will feature a Japanese-inspired design, alongside Japanese-style facilties such as an onsen on the […]

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LVMH completes agreement with Belmond

HAMILTON, Bermuda–(BUSINESS WIRE)–LVMH Moët Hennessy Louis Vuitton SE (LVMH.PA), the world’s leading luxury group, and Belmond Ltd. (NYSE: BEL), owners, part-owners or managers of 45 luxury hotel, restaurant, train and river cruise properties, today declared that the acquisition of Belmond by LVMH has been completed.

This transaction, which was announced on December 14, 2018, received approval from Belmond’s shareholders on February 14, 2019, and closed effective today.

Under the terms of the $3.2 billion enterprise value transaction, Belmond’s shareholders received $25.00 per […]

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Wellness hospitality pioneer in Vietnam, Fusion, keeps the ball rolling with more openings

Vietnam-based Fusion hotel group is adding to the country’s burgeoning wellness hospitality market with plans to open more properties.

Since 2008, Fusion has introduced upscale resorts to emerging destinations in Vietnam, becoming the first wellness brand to invest in then-rising locations such as Phu Quoc, Cam Ranh and Danang.

Fusion resort in Phu Quoc

To date, it employs 1,800 employees, including 300 spa therapists, across its six resorts and hotels that span a range of brands.

This includes Fusion Resorts with an all-spa exclusive service; Fusion […]

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