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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia24/07/2023

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Hotels in Ho Chi Minh City are suffering from low occupancy rates due to a sharp drop in international visitor arrivals and domestic tourists’ preference for traveling to beaches. In May, amid a wave of hotel closures and conversions into office buildings, the Norfolk Hotel in District 1 with over 100 rooms stopped operating. In […]

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Retail Asia27/09/2021

Some 10 percent of hotels in big cities are used exclusively for quarantining Covid-19 patients and those who were in close contact with patients, according to Savills. They include 25 in HCMC with more than 3,000 rooms, mostly in Districts 1 and Tan Binh, 20 with 1,600 rooms in Hanoi and 34 with 3,000 rooms […]

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Retail Asia28/06/2021

Hit hard by the successive waves of Covid-19, hotel owners in tourism hotspot Nha Trang are putting up their properties for sale on realty forums. They have price tags of VND20-300 billion ($0.9-13 million), but are mostly in the VND30-70 billion range. Most are in the downtown area on streets like Tran Phu, Hung Vuong, […]

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Retail Asia15/12/2020

Vietnam’s third Covid-19 outbreak last month has exacerbated the problems of low occupancy and plunging revenues for hotels and resorts nationwide. Average daily rates in October slumped 25 percent year-on-year, said Mauro Gasparotti, director of real estate consultancy Savills Hotels Asia Pacific. In HCMC, occupancy has hovered under 20 percent since the April lockdown, compared […]

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Retail Asia18/09/2020

Hotels with ‘for sale’ signs have mushroomed across different parts of Vietnam, despite scarcity in buyers. The sales trend first kicked off in central areas of HCMC and Hanoi’s Old Quarter, but later spread to other tourism hotspots like Phu Quoc Island, Da Nang City, and other coastal towns including Nha Trang, Vung Tau, and […]

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Retail Asia03/10/2019

Centara Hotels & Resorts, Thailand’s leading hotel operator, together with Taisei Corporation and Kanden Realty & Development, announced a landmark agreement to bring the Centara brand to Japan. The three companies signed an Investor Agreement for Centara Grand Hotel Osaka, an upper upscale property with 515 keys that will occupy a gleaming 34-storey tower on […]

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Retail Asia21/06/2019

Centara Hotels & Resorts, Thailand’s leading hotel operator, is marking its 36th anniversary milestone with a 36-day worldwide customer-focused celebration tied to the company’s 1983 founding. On this occasion, it also marks the 36th anniversary of Centara Grand at Central Plaza Ladprao Bangkok, the first hotel of the group, together with the 10th anniversary of Centara Grand and Bangkok […]

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Retail Asia27/03/2019

Centara Hotels & Resorts, Thailand’s leading hotel operator, is focusing on three key sustainability initiatives as part of the company’s recently announced 2019 Sustainability Plan: eliminating single-use plastic products; reducing its food waste footprint; and expanding its support of local farming and produce-growing communities. No Single-Use Plastic Products by end-2019 The elimination of single-use plastic […]

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Retail Asia04/12/2018

The “golden age of tourism” in Vietnam presents robust hotel development opportunities in Vietnam’s biggest cities. Troy Griffiths, deputy managing director of real estate consultant Savills, said Ho Chi Minh and Hanoi are “under-hoteled per population, per travel and per airlift capacity”. “Hotel is a particularly dynamic sector at the moment as Vietnam is experiencing […]

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Retail Asia05/11/2018

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Centara Hotels & Resorts (CENTEL), Thailand’s leading hotel operator, was categorised a “Thailand Sustainability Investment (THSI)”, an annual recognition for listed companies that operate with responsibility for Environmental, Social and Governance (ESG) aspects. The THSI list aims to recognise and motivate companies for their efforts towards sustainability, while offering investors an alternative investment in high-performance ESG […]

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Retail Asia12/10/2018

Hotel and serviced apartment tariffs outside the city center are leveling off and on the brink of declining as a result of competition from apartments leased on Airbnb and others. CBRE’s senior director, Duong Thuy Dung, said since 2016 a total of nearly 100,000 apartments have been built and sold in Saigon, and a large […]

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Retail Asia18/10/2017

The funeral will run for five days next week. Hotels in Bangkok’s bustling old town, home to a backpacker enclave favoured by foreign tourists, are booked up as Thailand prepares to host the lavish funeral of its revered King Bhumibol Adulyadej next week, the hotel association said on Monday. The funeral of King Bhumibol, who […]

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Retail Asia25/09/2017

Devotees of Tokidoki, the overly cute character lifestyle brand, will in future be able to book a room in a Tokidoki-adorned hotel. Cofounders Pooneh Mohajer and Simone Legno plan to open 10 to 15 Tokidoki hotels in China in the next five years, with the first one expected to be welcoming guests by the end […]

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Retail Asia18/09/2017

Collection of the controversial royalty fees will resume after a three-month break following a public backlash.Vietnam’s music copyright watchdog has announced that it will resume charging hotels across the country royalty fees for playing music on TV. The Vietnam Center for Protection of Music Copyright (VCPMC) will be charging all hotels VND25,000 ($1.1) per year for each […]

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Retail Asia27/03/2017

Global hotel management chain AccorHotels is seeking to operate a total of 200 hotels in Indonesia by 2020 on the back of the country’s rapid development. At the end of 2016, the company was managing 106 hotels, an increase of 11 units compared to 2015. “We aim to have 200 hotels in Indonesia by 2020,” […]

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Retail Asia16/08/2016

Starwood Hotels & Resorts Worldwide, along with PT Thamrin Ekspress Indonesia today jointly announced the opening of Four Points Jakarta, Thamrin. The opening marks the first Four Points property in Jakarta, and the sixth in Indonesia. The hotel is part of an approximate 159,000 square foot mixed used development that consists of offices located on […]

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Retail Asia14/04/2016

Swiss-Belhotel International continues its growth in all segments of the Indonesian hospitality industry with the opening of the four-star Swiss-Belhotel Jambi, Central Sumatra. The hotel is the first international property in Jambi with an impressive grand ballroom with seven-metre high ceilings, capable of hosting over 1,200 guests. The opening ceremony was led by the Mayor […]

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Retail Asia16/03/2016

Few villagers living near a half-built golf course in Indonesia’s West Java province know the name Donald Trump, and fewer still are aware that one of his firms will be managing a six-star hotel and luxury resort in their backyard. But in the capital, Jakarta, a growing number of Indonesians want the U.S. presidential candidate […]

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Retail Asia15/12/2015

Vice President M. Jusuf Kalla had the opportunity to review the preparations for the construction of four five-star hotels at Mandalika Special Economic Zones in Central Lombok, West Nusa Tenggara, Saturday. The Vice President reviewed the area together with Peoples Consultative Assembly (MPR) Chairman Zulkifli Hasan and Tourism Minister Arif Yahya. Arriving on the scene, […]

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