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Stability in China's Hotel Construction as Upscale Projects Reach New Milestones
2025-08-07 18:52:45| Hotel Resource
China's hotel construction pipeline remains stable with significant growth in upscale chain projects, setting new records in the second quarter of 2025.
Category:
Hospitality
LATEST NEWS
U.S. Hotel Industry Shows Mixed Results Amidst Regional Variations for Week Ending 2 August
2025-08-07 18:52:18| Hotel Resource
Overall, the industry saw slight year&over&year improvements, with occupancy at 69.5% (a minor decrease of 0.1%), an average daily rate (ADR) of $161.00 (up by 0.5%), and a revenue per available room (RevPAR) of $111.90 (a 0.4% increase).
Category:
Hospitality
Park Hyatt Kuala Lumpur Opens in Merdeka 118 Skyscraper
2025-08-07 17:52:46| Hotel Resource
Hyatt Hotels Corporation has opened the Park Hyatt Kuala Lumpur, the first Park Hyatt hotel in Malaysia, located in the Merdeka 118 skyscraper.
Category:
Hospitality