The latest Hotel Property Report issued in October 2016 by Colliers International reports that the “upcoming supply (of hotel rooms) in Bali will be dominated by 4-star hotels. The current supply of hotel rooms and those anticipated to be added before year’s end:
5 Star Hotels stood at 17,891 rooms with 1,583 new 5-star rooms expected to be added by year-end 2016.
4 Star Hotels stood at 21,406 with 2,197 new 4-star rooms expected by year-end 2016.
3 Star Hotels stood at 15,729 […]
BALI, Indonesia – The opening of Wyndham Tamansari Jivva Resort Bali this week marks Wyndham Hotel Group’s 100th hotel milestone in South East Asia and the Pacific Rim.
Wyndham Hotel Group has reached many milestones across South East Asia and the Pacific Rim this year, opening 17 new hotels, adding a total of 2,336 rooms and expanding into two new countries with Ramada Hotel Niigata in Japan and Wyndham Legend Halong Bay in Vietnam.
This growth is set to continue with a […]Read more
CHICAGO – Hyatt and Takenaka Corporation announced their affiliates have entered into a management agreement for a 70-room Park Hyatt hotel in Kyoto, Japan. Expected to open in 2019, Park Hyatt Kyoto, will combine the elegance of the Park Hyatt brand with the distinctive culture of Japan’s ancient capital.
Park Hyatt Kyoto will blend the iconic city’s historic landmarks, gardens and modern architecture to offer experiences that will capture the harmony of traditional and modern Kyoto culture. Similar to the existing […]Read more
The newspaper New York Times of the United States has named Viet Nam one of the 20 places to travel for young people in their twenties.
In the list compiled by writer Dan Saltzstein, Viet Nam was placed in the 10th position.
The writer wrote that Viet Nam is worth a visit for its rich cuisine, culture and natural beauty, while being light on the wallet.
In Viet Nam, he recommended visiting the seaside town of Hoi An, the ancient imperial city of […]Read more
Outrigger Hotels and Resorts (Outrigger) and KSL Capital Partners, LLC (KSL) announced today that affiliates of the companies have signed a purchase and sale agreement for an affiliate of KSL to acquire Outrigger. The transaction includes all 37 of Outrigger’s multi-branded portfolio of hotels, condominiums and vacation resort properties. The transaction is subject to shareholder approval and customary closing conditions.
“As one of the world’s leading investors in hospitality, KSL has the capital capacity to elevate Outrigger to the next level […]Read more
KUTA, BALI – Swiss-Belexpress Kuta, a new contemporary budget hotel by Swiss-Belhotel International, has officially opened and is ready to welcome guests to Kuta Beach.
Situated just minutes away from Bali’s most famous beach and only five kilometres from Ngurah Rai International Airport, the 110-room hotel has been designed with the millennial and budget-conscious traveller in mind, whether flying solo or travelling with a group of friends.
As Swiss-Belhotel International’s first property under the Swiss-Belexpress brand, the two-star budget hotel offers visitors […]Read more