asia pacific hotels
Asia Pacific: Hotel Performance Ups and Downs
STR | August 16, 2021
The Asia Pacific region has seen increasing challenges through the first seven months of 2021, with situation varying greatly by country. While India has been steadily recovering from its latest outbreak, Australia and Indonesia are now facing new restrictions. Mainland China, which was already at 2019 performance levels, has seen new cases arising and performance dipping. Southeast Asia has been mostly quiet, but there is hope in the Phuket Sandbox program, which allows vaccinated foreign tourists to enter the island without the same level of restrictions as those unvaccinated. Continued diversity Although Asia Pacific ...
IHG Signs With Asia Pacific Hotels for Management of Fiesta Resort & Spa Saipan
IHG | May 4, 2020
IHG has signed a long-term agreement with Asia Pacific Hotels Inc to take on management of Fiesta Resort & Spa Saipan, in the Commonwealth of Northern Mariana Islands, from May 20201. The impressive 416-room hotel will rebrand as Crowne Plaza® Resort Saipan in 2022 following a refurbishment, before adding a 116-room extension by 2025. Alongside IHG’s October announcement that it has taken on management of the 318-room Fiesta Resort Guam, a hotel that will rebrand as a Crowne Plaza in 2021, the combined 850 room count makes the biggest ever conversion signing for IHG’s Australasia, Japan and Pacific Islands region. Saipan is t...
