Recent Deals In Asia

Main Photo: The Hotel Cipitra Cibubur, one of the 50 hotels across Indonesia, included in the deal Date: November 2022 Name: Indies Capital; Swiss Belhotel Indonesia and PT Zest Hotels, both owned by Ciputra Group Locations: Swiss-Belhotel International is a global group in 16 countries – Hong Kong, China, Indonesia, Malaysia, Philippines, Vietnam, Bahrain, Egypt,…

Main Photo: The Torch Tower – imagined Date: November 2022 Name: TBA – to open 2028 Location: The Tokyo Torch, Tokyo, Japan Number of Keys: 110, 50% will be suites Developer: Mitsubishi Estate Co., Ltd. and Tokyo Century Corporation Manager: The Dorchester Collection The Dorchester Collection has been selected to manage the hotel within Torch…

Main Photo: A model of what the new Sheraton Resort will look like; Photo credit: Mohd Izwan Mohd Nazam/The Edge Date: October 2022 Name: Sheraton Langkawi Resort and Spa – to open 2029/30 Location: Tropicana Cenang, Langkawi, Malaysia Number of Keys: 270 Seller: The resort hotel It is part of the 5.3-acre Tropicana Cenang development, which…

Main Photo: The UNIZO INN Kyoto Kawaramachi Shijo, as is…one of the two hotels acquired by Travelodge Hotels Asia Date: October 2022 Name: The UNIZO INN Kyoto Kawaramachi Shijo and One Five Midosuji Hotel in Osaka, both to become Travelodge hotels…. Travelodge Kyoto Shijo Kawaramachi in Q1 2023 and Travelodge Honmachi Osaka in Q4 2022…

Main Photo: The new ATONA logo/brand Date: September 2022 Name: ATONA – to be launched 2025 Locations: Across Japan Number of Keys: TBA JV Partners: Hyatt and Kiraku will each own fifty percent of the joint venture to develop this new offering Hyatt Hotels Corporation announced that a Hyatt affiliate and Kiraku, Inc. have entered into a strategic…

Main Photo: The two hotels, pushing the boundaries on hotel design Date: September 2022 Name: The Regent Sanya Bay and Hotel Indigo Sanya Bay – Sanya Horizons….due to open 2026 Location: Sanya, Hainan Island, Southern China Number of Keys: TBA Seller: TBA Buyer: CDF Investment & Development Büro Ole Scheeren has unveiled designs for a hotel building made…

Main Photo: The suite with a view at the new Hilton Hiroshima Date: September 2022 Name: Hilton Hiroshima Location: Center of Hiroshima city, within a 10-minute drive from Hiroshima Station and walking distance of the UNESCO World Heritage Site “Atomic Bomb Dome,” and Peace Memorial Park, Japan Number of Keys: 420 Seller: The site was…

Main Photo: The two new hotels located in the new Tokyu Kabukicho Tower Date: September 2022 Names: Bellustar Tokyo, a Pan Pacific hotel and Hotel Groove Shinjuku, a Parkroyal hotel – to open mid-2023 Location: Tokyu Kabukicho Tower, Shinjuku, Japan Number of Keys: 97-key Bellustar Tokyo will be situated on the uppermost floors – 39th to 47th;…

Main Photo: The new Conrad Nagoya due to open 2026 Date: August 2022 Names: Waldorf Astoria Xi’an (opening 2025), Waldorf Astoria Shanghai Qiantan (opening 2024), Waldorf Astoria Kuala Lumpur (opening 2023), Waldorf Astoria Sydney (opening 2023), Conrad Nagoya (opening 2026) and an LXR Hotels & Resorts property in Bali (opening 2023) Locations: As above…China (2),…

Main Photo: The exterior of the new Grand Hyatt Date: August 2022 Name: Grand Hyatt Gurgaon Location: Gurgaon. Delhi National Capital Region – NCR, India Number of Keys: 442 Seller: TBA Buyer: Back in 2013 IREO – India Real Estate Opportunity Fund, committed to invest in Gurgaon as IREO City, a US$750 million, 1,000-acre (404-hectare)…

Main Photo: Amangiri, Canyon Point, Utah one of the 34 hotels, resorts and residences under the luxury Aman brand, with 9 more in the pipeline Date: August 2022 Name: Aman Group Locations: Global – 26 in Asia, 8 in USA and Caribbean and the balance 8 in Europe and Africa Number of Keys: TBA Seller:…

Main Photo: The new Vivanta Ahmedabad Date: August 2022 Names: Vivanta Ahmedabad SG Highway and Ginger Ahmedabad, RTO Circle Location: Ahmedabad, Gujrat, India Number of Keys: 176 and 111 Owners: Vivanta is in partnership with Leela Group of Companies. The hotel was operating as a Marriott Aloft ..Ginger Ahemedabad is on an operating lease deal with…

Main Photo: The bedroom at the newly refurbed Radisson Collection Vadistanbul Date: August 2022 Name: Radisson Collection Hotel, Vadistanbul Location: Vadistanbul, a residential area of wider Istanbul, on the foothills of Vadistanbul Park which includes the Ataturk Arboretum, Belgrade Forest, and Göktürk Ponds National Park Number of Keys: 193 Owner: The hotel is a rebrand…

Main Photo: Formerly a goat farm, Lupaia is a sustainably-focused agriturismo in the heart of Tuscany Date: August 2022 Names: Juliana Hotel Brussels, ON Residence Thessaloniki, Cascioni Eco Retreat Localita Cascioni, Naturalis Bio Resort & Spa Martano, Desa Hay Bali, CPH Pevero Hotel Porto Cervo, Lupaia Torrita di Siena and TAGO Tulum Locations: As above…

Main Photo: The Choice Hotels offices in India Date: July 2022 Name: Choice Hotels and Suba Group of Hotels…Exclusive rights for hotels under the Clarion, Quality and Comfort brands Location: India Number of Keys: Suba will take on the 58 Choice Hotels open and under development in India. No of Keys: 2,200 Master Franchise Owner:…

Main Photo: Oakwood Premier Melbourne, Australia Date: July 2022 Name: The Ascott Limited and Oakwood Worldwide Locations: It will add new markets which include Cheongju in South Korea; Zhangjiakou and Qingdao in China; Dhaka in Bangladesh as well as Washington D.C. in the USA Number of Keys: The acquisition increases Ascott’s global portfolio by 81…

Main Photo: The Rikyu Suite at the newly opened Garrya Nijo Castle, Kyoto Date: July 2022 Name: Banyan Tree Higashiyama – opening 2024, Banyan Tree Ashinoko Hakone – opening 2026, Cassia Hirafu – opening 2025, Dhawa Yura Kyoto – opened 2022 and Garrya Nijo Castle Kyoto – opened 2022 Locations: Kyoto, Lake Ashino and Niseko Number…

Main Photo: The Fraser Suites Sydney, one of the 14 assets within this deal Date: June 2022 Name: Frasers Hospitality Trust Location: HQ Singapore – properties globally Number of Keys: 2,635….Frasers have some 120 properties, under seven brands…although FHT own just 14 assets across 9 cities in Asia, Australia and Europe, as per this deal…

Main Photo: The Hilton Pattaya, one of two hotels currently owned by CPN Date: June 2022 Name: Centara Hotels and Resorts Locations: 27 Provinces across Thailand Number of Keys: 37 hotels – 4,000 keys Seller: Various Buyer/Investor: Central Pattana Central Pattana Plc (CPN) is rolling out 37 hotel projects in 27 provinces worth a combined…

Main Photo: The Grand City Hong Kong Date: May 2022 Name: Weave Living Location: Queen’s Road West, Sai Ying Pun, Western district, Hong Kong Island Number of Keys: 214 Seller: Magnificent Hotel Investments, a property firm controlled by William Cheng, the son-in-law of Henderson Land Development founder Lee Shau Ke. Buyer: Weave Living, headed up…