RD Asia

Main Photo: The funk bedroom style from Jo&Joe Date: May 2022 Name: Jo&Joe – Ennismore Location: Across China Number of Keys: 1,000 hotels! – Keys: TBA Partner: Chinese group Country Garden Brand: Ennismore’s Jo&Joe Ennismore, Accor’s lifestyle division, has signed a partnership agreement that could see more than 1,000 Jo&Joe branded hotels pop up across…

Main Photo: A rendering of what the new hotel’s bedrooms will look like Date: May 2022 Name: JW Marriott Hotel Tokyo – to open 2025 Location: Between Shinagawa and Tamachi Stations, as part of JR East’s extensive redevelopment project of the former JR Shinagawa Depot Railway Yard, Tokyo, Japan Number of Keys: 200 rooms and…

Main Photo: Marasca Khao Yai – picture courtesy of TTG Asia Date: March 2022 Name: Marasca Khao Yai Location: Thailand Number of Keys: 18 Seller: Undisclosed Buyer: Narai Hospitality Group Thailand-based Narai Hospitality Group has debuted a new luxury brand Marasca Hotels & Resorts (MHR). MHR is NHG’s foray into casual luxury hospitality and is positioned…

Main Photo: The new Mandarin Oriental in China Date: March 2022 Name: Mandarin Oriental Shenzhen Location: Futian District, Shenzhen, Southern China Number of Keys: 178 Seller: TBA Buyer: Shum Yip Capital Mandarin Oriental Hotel Group has introduced its legendary hospitality to the vibrant southern China city of Shenzhen, with the opening of Mandarin Oriental, Shenzhen. The luxury…

Main Photo: Hotel Clover Date: March 2022 Name: Hotel Clover, 33 Jalan Sultan – to be renamed Weave Suites Location: Jalan Sultan, Singapore Number of Keys: 88 Seller: Hotel Clover Group, with five hotels in Asia Buyer: Weave Living and SLB Development Ltd Hong Kong-based Weave Living, in partnership with Singapore-based property developer SLB Development…

Main Photo: The Marco Polo Changzhou Date: March 2022 Name: Marco Polo Changzhou Location: Xinbei High-Tech Development Zone, 3 km from the central business district in Changzhou, China Number of Keys: 302 Seller: Hong Kong-based Cheer Sky Investment Limited, a wholly-owned subsidiary of Hong Kong-based Harbour Centre Development Limited, has sold the entire equity interest…

Main Photo: FILA HOUSE Shanghai Date: March 2022 Name: FILA HOUSE Shanghai Location: Hongqiao Business District, Shanghai West, China Number of Keys: TBA Seller: TBA Buyer: Hyatt Hotels Corporation and ANTA Group Hyatt Hotels Corporation and ANTA Sports Products Co., Ltd. announced plans for the first-of-its-kind FILA-branded hotel in Shanghai – FILA HOUSE Shanghai. The…

Main Photo: Shimoda Prince Hotel, Shimoda, Japan Date: February 2022 Name: Prince Hotels Location: Japan Number of Keys: TBA Seller: Prince Hotels, part of Seibu/Staywell Hotels Buyer: GIC Singaporean sovereign wealth fund GIC has emerged as the potential buyer for the majority of Seibu Holdings’ hotel portfolio, branded Prince Hotels. Around 30 of Seibu’s hotels…

Main Photo: Artotel Jakarta Thamrin (image courtesy of agoda.com) Date: February 2022 Name: Dafam Hotel Management (DHM) Location: Indonesia Number of Keys: 2,507 Seller: Dafam Hotel Management (DHM) Buyer: Artotel Artotel Group has acquired a majority stake in Dafam Hotel Management (DHM), which owns and operates 24 hotels in Indonesia with a total of 2,507…

Main Photo: The dusitD2 Chiang Mai pool area Date: January 2022 Name: dusitD2 Chaing Mai Location: Chang Khlan Road, Chiang Mai, Thailand Number of Keys: 130 Seller: Dusit Thani REIT Co. Buyer: Asset World Corporation – AWC Asset World Corporation moves forward to expand its portfolio and promote tourism in the northern province of Thailand.…

Main Photo: Holiday Inn Express Bengaluru Whitefield Date: November 2021 Name: SAMHI Hotels, the holding company of Barque Hotels Location: India Number of Keys: 1,792 Owner: Goldman Sachs-backed SAMHI Hotels, holding company of Barque Hotels Pvt Ltd  Lender: Cerberus Capital Goldman Sachs-backed SAMHI Hotels provided INR 83 crore, around US$11m, of quasi-equity to Barque Hotels Pvt Ltd to keep the operator of Holiday…

Main Photo: Kimpton Hotels Date: November 2021 Name: Kimpton Khao Yai – opening 2024 Location: Khao Yai National Park, Pak Chong, Thailand Number of Keys: 100 Seller: The new hotel will be part of the Nusa MyOzone Project…prior to this, the site was a greenfield site Buyer: Nusasiri Public Company IHG Hotels and Resorts has…

Main Photo: The new Oakwood Kuala Lumpur Date: November 2021 Name: Oakwood Premier Kuala Lumpur – opening December 2024 Location: Merdeka 118 Precinct, Kuala Lumpur, Malaysia Number of Keys: 348 Seller: TBA Buyer: PNB Merdeka Ventures Oakwood has signed a management agreement with PNB Merdeka Ventures, to debut the Oakwood Premier brand at the Merdeka…