Global Hospitality Sector Sees Dynamic Transactions and Strategic Expansions

London, UK – [Insert Date of Publication] – The global hospitality landscape continues to be a hive of activity, marked by significant acquisitions, strategic brand alignments, and ambitious airline expansions. This month’s industry report highlights key developments across Asia, Australia, and the United States, reflecting growing investor confidence and a surge in regional connectivity. From multi-million dollar hotel deals to the establishment of new flight routes, the sector is demonstrating resilience and a forward-looking approach.

---

Asia Pacific Hospitality: A Hub of Investment and Growth

The Asia Pacific region remains a focal point for investment and expansion within the global hospitality sector. Recent transactions underscore the strategic importance of key markets, driven by both established players and emerging entities seeking to capitalize on burgeoning tourism and business travel.

Worldwide Hotels Acquires Fives Hotel Johor Bahru City Centre, Malaysia

In a significant move within the Malaysian market, Singapore-based Worldwide Hotels has successfully acquired the 243-key Fives Hotel Johor Bahru City Centre. The transaction, finalized with Malaysia-based SKS Group for an undisclosed sum, signals a strategic expansion for Worldwide Hotels into a rapidly developing urban center.

Following the acquisition, the property is slated for a comprehensive rebranding under the globally recognized ibis Styles brand, a key marque within France-based Accor SA’s extensive portfolio. This rebranding is expected to inject a fresh identity and operational framework into the hotel, aligning it with Accor’s established standards for stylish, mid-scale accommodation.

The Fives Hotel Johor Bahru City Centre boasts a range of amenities designed to cater to both leisure and business travelers. These include a diverse food and beverage outlet, a well-equipped fitness center, and versatile meeting and banquet facilities. Its strategic location is a paramount asset, situated in close proximity to the crucial Johor Bahru checkpoint, a vital artery for cross-border movement. Furthermore, the hotel is within easy walking distance of prominent commercial and leisure hubs, Komtar JBCC and Johor Bahru City Square, and a mere five-minute stroll from the JB Sentral railway station, ensuring seamless connectivity for its guests.

This acquisition arrives at a time of heightened investor interest in Johor Bahru, a sentiment largely propelled by the impending launch of the Johor Bahru-Singapore Rapid Transit System (RTS) Link. Scheduled to commence operations in 2027, this ambitious cross-border rail initiative is poised to dramatically enhance connectivity between Johor Bahru and its neighboring city-state, Singapore. The RTS Link is widely anticipated to stimulate further demand for hospitality assets in Johor Bahru, making it an increasingly attractive investment destination.

Chronology of the Fives Hotel Acquisition:

• [Approximate Date of SKS Group’s original acquisition or development of Fives Hotel]: SKS Group develops or acquires the property that will become Fives Hotel Johor Bahru City Centre.
• [Recent Date]: Worldwide Hotels identifies Fives Hotel Johor Bahru City Centre as a strategic acquisition target.
• [Recent Date]: Negotiations commence between Worldwide Hotels and SKS Group.
• [Current Date]: Worldwide Hotels officially announces the acquisition of Fives Hotel Johor Bahru City Centre.
• [Future Date]: The hotel is rebranded under Accor’s ibis Styles brand.
• [2027]: The Johor Bahru-Singapore RTS Link is expected to commence operations, potentially impacting the hotel’s performance.

Supporting Data and Market Context:

Johor Bahru’s strategic location at the southern tip of Peninsular Malaysia, directly across from Singapore, has always presented a unique economic and logistical advantage. The city serves as a major gateway for trade, tourism, and talent flow between the two nations. The ongoing development of infrastructure, including the RTS Link, is a clear indicator of sustained governmental and private sector investment aimed at unlocking this potential further. The projected increase in commuter traffic and leisure travel between the two cities is expected to translate into robust demand for hotel accommodation, supporting the strategic rationale behind Worldwide Hotels’ acquisition.

Official Responses and Industry Commentary:

While specific official statements from Worldwide Hotels and SKS Group regarding the acquisition have not been detailed, industry analysts widely view this as a positive development for the Johor Bahru hospitality market. An Accor spokesperson may comment on the strategic fit of the ibis Styles brand in the region, emphasizing its appeal to a broad demographic of travelers.

Implications of the Acquisition:

The acquisition of Fives Hotel by Worldwide Hotels and its subsequent rebranding to ibis Styles is a testament to the growing appeal of Johor Bahru as a hospitality investment destination. The integration into Accor’s global network is expected to elevate the hotel’s operational standards and market reach. Furthermore, the impending RTS Link provides a strong tailwind, suggesting that the hotel is well-positioned to benefit from enhanced cross-border travel and a burgeoning regional economy. This move also signifies Worldwide Hotels’ commitment to expanding its footprint in key Southeast Asian markets.

---

Samdoo Corporation Fortifies Brisbane Portfolio with Tower Mill Hotel Acquisition

In Australia, Samdoo Corporation has made a significant addition to its hospitality holdings with the acquisition of the 70-key Tower Mill Hotel in Brisbane, Queensland. The transaction, completed with Madison Hotel Group (Madison) for AUD28.6 million, represents a substantial investment, valuing the property at approximately AUD408,600 per key.

The Tower Mill Hotel is situated on a generous 1,462 square metre freehold site, benefiting from flexible mixed-use zoning that allows for diverse development possibilities. The nine-storey building, originally constructed in 1996, features a food and beverage outlet and has recently undergone a significant AUD4.3 million refurbishment. This extensive renovation included substantial upgrades to its guestrooms and bathrooms, improvements to the roof and electrical systems, the installation of two new lifts, and the addition of a new sports bar equipped with 14 electronic gaming machines.

Strategically positioned on the edge of Brisbane’s prestigious Golden Triangle at 239 Wickham Terrace, the hotel enjoys a prime location adjacent to the Brisbane Private Hospital. It is also within convenient walking distance of key city attractions and amenities, including the expansive Roma Street Parkland and the renowned Suncorp Stadium.

This acquisition marks a strategic expansion for Samdoo Corporation, which is known for its Hotel Diana brand. The company’s growing presence in Brisbane was further solidified by its earlier acquisition of the former 62-key Quest Hotel Brisbane in 2025, which was subsequently rebranded as Hotel Diana South Brisbane.

Chronology of the Tower Mill Hotel Acquisition:

• 2018: Madison Hotel Group acquires the Tower Mill Hotel for AUD4 million.
• [Period between 2018 and recent]: The Tower Mill Hotel undergoes a AUD4.3 million refurbishment, enhancing its facilities and guest experience.
• [Recent Date]: Samdoo Corporation identifies the Tower Mill Hotel as a strategic acquisition opportunity.
• [Recent Date]: Negotiations between Samdoo Corporation and Madison Hotel Group conclude.
• [Current Date]: Samdoo Corporation officially announces the acquisition of the Tower Mill Hotel for AUD28.6 million.
• [Past Year, 2025]: Samdoo Corporation acquires and rebrands the former Quest Hotel Brisbane as Hotel Diana South Brisbane.

Supporting Data and Market Context:

Brisbane’s property market, particularly its hospitality sector, has been experiencing steady growth. The city is a major economic hub in Queensland, attracting significant domestic and international tourism, as well as a robust business travel segment. The recent refurbishment of the Tower Mill Hotel, coupled with its prime location and flexible zoning, positions it well to capitalize on this demand. The "per key" valuation of AUD408,600 is indicative of the premium placed on well-located and recently upgraded hotel assets in a desirable urban market. Samdoo Corporation’s continued investment in Brisbane, exemplified by the rebranding of another acquired property, highlights a clear strategy to build a significant presence in the city.

Official Responses and Industry Commentary:

Official statements from Samdoo Corporation and Madison Hotel Group regarding the transaction would typically focus on the strategic rationale and mutual benefits. A representative from Samdoo Corporation might emphasize the value proposition of the Tower Mill Hotel and its alignment with their portfolio strategy, while Madison Hotel Group might express satisfaction with the outcome of the sale, reflecting a successful investment cycle. Industry analysts are likely to view this as a positive sign for the Brisbane hotel market, indicating continued investor confidence in its long-term prospects.

Implications of the Acquisition:

Samdoo Corporation’s acquisition of the Tower Mill Hotel signifies a strategic deepening of its investment in Brisbane’s hospitality sector. The substantial refurbishment undertaken prior to the sale means the property is well-positioned for immediate revenue generation. The company’s existing brand presence in the city, through Hotel Diana South Brisbane, suggests a potential for synergies and a broader market penetration strategy. The flexible zoning of the freehold site also offers future development potential, adding another layer of strategic value to the acquisition. This move reinforces Brisbane’s status as an attractive market for hotel investment.

---

APA Hotel Expands U.S. Presence with Acquisition of Kimpton La Peer Hotel, Los Angeles

In the United States, Japan-based APA Hotel Co. Ltd. (APA Hotel), through its wholly owned subsidiary APA Hotel USA, Inc., has announced the acquisition of the 105-key Kimpton La Peer Hotel in Los Angeles, California. The transaction details, including the seller and the specific purchase price, have not been disclosed.

The Kimpton La Peer Hotel is strategically located in the heart of West Hollywood’s Design District, a vibrant and trendy area known for its fashion, art, and entertainment offerings. Its prime address places it just steps from the iconic intersection of Melrose Avenue and Santa Monica Boulevard. The hotel occupies a stylish four-storey building that complements the surrounding urban landscape.

The property boasts a comprehensive suite of amenities designed to cater to a discerning clientele. These include a sophisticated restaurant and bar, a refreshing outdoor swimming pool, a well-equipped fitness center, and a unique rooftop event space complete with a pickleball court. Additionally, the hotel offers over 743 square meters of versatile indoor and outdoor dining and lounge space, providing ample opportunities for guest relaxation and entertainment.

The Kimpton La Peer Hotel is conveniently situated approximately a 30-minute drive from Los Angeles International Airport (LAX), facilitating easy access for both domestic and international travelers. Its location within walking distance of the city’s renowned fashion, art, and entertainment districts further enhances its appeal to leisure and business travelers alike.

Following the acquisition, the hotel will continue to be managed by UK-based InterContinental Hotels Group (IHG) under its existing brand, Kimpton La Peer West Hollywood. This arrangement suggests a continued commitment to the hotel’s established operational standards and guest experience.

Chronology of the Kimpton La Peer Hotel Acquisition:

• [Date of Kimpton La Peer Hotel’s original opening or previous ownership]: The hotel is established and operated under its current brand identity.
• [Recent Date]: APA Hotel USA, Inc. identifies the Kimpton La Peer Hotel as a strategic acquisition target in Los Angeles.
• [Recent Date]: Negotiations between APA Hotel USA, Inc. and the undisclosed seller are conducted.
• [Current Date]: APA Hotel USA, Inc. officially announces the acquisition of the Kimpton La Peer Hotel.
• [Ongoing]: The hotel continues to be managed by IHG under the Kimpton La Peer West Hollywood name.

Supporting Data and Market Context:

Los Angeles, particularly the West Hollywood area, is a globally recognized destination for tourism, entertainment, and luxury retail. The Design District, in particular, is a magnet for affluent travelers and boasts a high concentration of premium hotels, restaurants, and boutiques. The Kimpton La Peer Hotel’s acquisition by APA Hotel, a prominent player in the Japanese hotel market, signifies a strategic international expansion and a vote of confidence in the resilience and growth potential of the Los Angeles hospitality market. The decision to retain IHG as the management company indicates a focus on maintaining the hotel’s established reputation and operational excellence.

Official Responses and Industry Commentary:

A representative from APA Hotel might express enthusiasm for entering the dynamic Los Angeles market, highlighting the appeal of the Kimpton La Peer Hotel’s location and its upscale offerings. They may also comment on the strategic importance of expanding their U.S. presence. IHG’s statement would likely emphasize the continued partnership and the hotel’s ongoing success under its management. Industry observers will likely see this as a positive indicator of foreign investment in U.S. hospitality assets, particularly in prime urban markets.

Implications of the Acquisition:

The acquisition of the Kimpton La Peer Hotel by APA Hotel represents a significant strategic move for the Japanese hotel giant, marking a key expansion into the lucrative U.S. market. The choice of a prime location in West Hollywood and the decision to retain the existing management structure suggest a focus on preserving the hotel’s established brand equity and operational strengths. This acquisition underscores the global nature of hotel investment and the attractiveness of gateway cities like Los Angeles to international players. It also highlights the ongoing trend of established Asian hotel groups seeking to diversify their portfolios through international acquisitions.

---

Regional Connectivity Boosted: AirBorneo Expands into Kuala Lumpur and Singapore

In a significant development for regional air travel, AirBorneo, Sarawak’s state-owned airline, is set to launch direct flights connecting Kuching to Kuala Lumpur and Singapore. This ambitious expansion marks a pivotal transition for the airline, signifying its strategic shift from primarily operating rural air services, inherited from MASwings, to serving lucrative regional commercial routes.

The inaugural Kuching-Kuala Lumpur service is scheduled to commence on July 20, 2026. This will be followed by the launch of the Kuching-Singapore route by the end of July 2026, at the earliest. Both routes are planned to operate with daily return services, ensuring consistent connectivity for travelers.

To facilitate this regional expansion, AirBorneo will initially operate its new network using three Boeing 737-800 aircraft under a wet lease arrangement with Malaysia-based Ascend Airways Malaysia. This approach allows AirBorneo to rapidly expand its network and introduce jet services while concurrently building its own capabilities in jet operations.

The launch of these regional routes represents a significant milestone following the Sarawak government’s acquisition and rebranding of MASwings in early 2026. The initiative is a direct outcome of the state’s vision to enhance air connectivity and stimulate economic growth. Kuala Lumpur and Singapore are the first phase of AirBorneo’s regional jet network expansion, with the airline indicating plans to extend its reach to additional destinations, including Kota Kinabalu and Jakarta, as its fleet continues to grow.

Chronology of AirBorneo’s Expansion:

• Early 2026: Sarawak government acquires and rebrands MASwings, laying the groundwork for AirBorneo’s new direction.
• [Pre-2026]: AirBorneo operates primarily rural air services, inherited from MASwings.
• [Recent Period]: AirBorneo secures wet lease agreements and prepares for regional expansion.
• July 20, 2026: Inaugural Kuching-Kuala Lumpur service commences.
• Late July 2026: Kuching-Singapore route is launched.
• [Ongoing and Future]: AirBorneo plans to expand its fleet and network to include destinations like Kota Kinabalu and Jakarta.

Supporting Data and Market Context:

The launch of direct flights between Kuching and major regional hubs like Kuala Lumpur and Singapore is poised to significantly impact trade, tourism, and business travel. Kuala Lumpur serves as Malaysia’s primary international gateway, offering extensive onward connections. Singapore, a global financial and transportation hub, provides access to Southeast Asia and beyond. The daily service frequency will cater to the strong demand for both business and leisure travel between these key cities. The wet lease arrangement with Ascend Airways Malaysia demonstrates a pragmatic approach to rapidly scale operations and gain market traction.

Official Responses and Industry Commentary:

Officials from the Sarawak government are likely to express strong support for this expansion, highlighting its role in boosting tourism, facilitating trade, and enhancing connectivity for the state. Representatives from AirBorneo might articulate their vision for becoming a key regional carrier, emphasizing the improved passenger experience and increased accessibility. Airlines and tourism bodies in Kuala Lumpur and Singapore are expected to welcome the new routes, anticipating increased visitor numbers and economic benefits.

Implications of the Expansion:

AirBorneo’s expansion into regional markets is a transformative step that will redefine its role in the aviation landscape. By offering direct services to major international hubs, the airline is set to stimulate economic activity in Sarawak and enhance its global connectivity. The move also signals a strategic diversification for the state’s airline, moving beyond its traditional mandate to compete in the more lucrative commercial aviation sector. The planned further expansion to Kota Kinabalu and Jakarta indicates a long-term vision for AirBorneo to become a significant player in the Southeast Asian regional air travel market.

---

Global Hospitality Stock Performance: A Snapshot as of July 17, 2026

The following data provides a snapshot of the share price performance for various publicly traded hospitality companies across different stock exchanges, as of July 17, 2026. This information offers a brief overview of market sentiment and individual company performance within the sector.

Australia Stock Exchange (ASX)

• Elanor Investors Group: Closing Share Price: 0.10 (July 17) vs. 0.11 (July 10), -4.8% Change.
• Event Hospitality & Entertainment Ltd: Closing Share Price: 13.44 (July 17) vs. 12.47 (July 10), +7.8% Change.
• General Property Group: Closing Share Price: 4.99 (July 17) vs. 4.88 (July 10), +2.3% Change.
• Mirvac Group: Closing Share Price: 1.75 (July 17) vs. 1.70 (July 10), +2.9% Change.

Bangkok Stock Exchange (THB)

• Central Plaza Hotel Public Co Ltd: Closing Share Price: 37.25 (July 17) vs. 36.50 (July 10), +2.1% Change.
• Dusit Thani Public Co Ltd: Closing Share Price: 11.70 (July 17) vs. 11.20 (July 10), +4.5% Change.
• Grande Asset Hotels & Property Public Co Ltd: Closing Share Price: 0.02 (July 17) vs. 0.02 (July 10), 0.0% Change.
• Laguna Resorts & Hotel Public Co Ltd: Closing Share Price: 36.75 (July 17) vs. 36.75 (July 10), 0.0% Change.
• Minor International Public Co Ltd: Closing Share Price: 23.60 (July 17) vs. 23.80 (July 10), -0.8% Change.
• S Hotels and Resorts Public Company Limited: Closing Share Price: 1.69 (July 17) vs. 1.69 (July 10), 0.0% Change.
• The Erawan Group Public Co Ltd: Closing Share Price: 3.06 (July 17) vs. 2.98 (July 10), +2.7% Change.

China Shanghai Stock Exchange (RMB)

• BTG Hotels Group Co Ltd: Closing Share Price: 11.64 (July 17) vs. 11.19 (July 10), +4.0% Change.
• Jinling Hotel Corporation Ltd: Closing Share Price: 6.41 (July 17) vs. 6.08 (July 10), +5.4% Change.
• Shanghai Jin Jiang International Hotels Co., Ltd: Closing Share Price: 17.8 (July 17) vs. 17.73 (July 10), +0.4% Change.

China Shenzhen Stock Exchange (RMB)

• Huatian Hotel Group Co., Ltd.: Closing Share Price: 3.19 (July 17) vs. 3.04 (July 10), +4.9% Change.
• Guangzhou Lingnan Group Holdings Company Limited: Closing Share Price: 8.71 (July 17) vs. 9.29 (July 10), -6.2% Change.
• SSAW Hotels & Resorts Group Co., Ltd.: Closing Share Price: 17.17 (July 17) vs. 16.60 (July 10), +3.4% Change.

Other Listings (Including U.S. Exchanges)

• Hotel101 Global Holdings Corp: Closing Share Price: 5.70 (July 17) vs. 5.66 (July 10), +0.7% Change.
• Huazhu Group Limited: Closing Share Price: 42.13 (July 17) vs. 41.21 (July 10), +2.2% Change.

Hong Kong Stock Exchange (HK$)

• Miramar Hotel & Investment Co Ltd: Closing Share Price: 10.03 (July 17) vs. 10.02 (July 10), +0.1% Change.
• Regal Hotels International Holdings Ltd: Closing Share Price: 0.39 (July 17) vs. 0.42 (July 10), -6.0% Change.
• Shangri-La Asia Limited: Closing Share Price: 4.01 (July 17) vs. 3.96 (July 10), +1.3% Change.
• Sino Hotels Holdings Ltd: Closing Share Price: 1.53 (July 17) vs. 1.54 (July 10), -0.6% Change.
• The Hong Kong & Shanghai Hotels Ltd: Closing Share Price: 5.43 (July 17) vs. 5.31 (July 10), +2.3% Change.

National Stock Exchange (India – INR)

• Apeejay Surrendra Park Hotels: Closing Share Price: 128.70 (July 17) vs. 127.00 (July 10), +1.3% Change.
• Brigade Hotel Ventures: Closing Share Price: 62.26 (July 17) vs. 64.18 (July 10), -3.0% Change.
• Chalet Hotels Ltd: Closing Share Price: 874.00 (July 17) vs. 823.40 (July 10), +6.1% Change.
• EIH (Oberoi Hotels & Resorts): Closing Share Price: 336.00 (July 17) vs. 330.00 (July 10), +1.8% Change.
• IHCL (Taj Hotels, Resorts & Palaces): Closing Share Price: 735.90 (July 17) vs. 737.00 (July 10), -0.1% Change.
• ITC Hotels: Closing Share Price: 175.07 (July 17) vs. 183.50 (July 10), -4.6% Change.
• Juniper Hotels: Closing Share Price: 194.9 (July 17) vs. 198.54 (July 10), -1.8% Change.
• Lemon Tree Hotels Ltd: Closing Share Price: 113.88 (July 17) vs. 117.83 (July 10), -3.4% Change.
• Mahindra Holiday & Resorts: Closing Share Price: 229.07 (July 17) vs. 233.00 (July 10), -1.7% Change.
• Royal Orchid Hotels: Closing Share Price: 322.35 (July 17) vs. 322.70 (July 10), -0.1% Change.
• SAMHI Hotels Limited: Closing Share Price: 172.10 (July 17) vs. 173.60 (July 10), -0.9% Change.
• Schloss Bangalore Ltd: Closing Share Price: 490.00 (July 17) vs. 509.00 (July 10), -3.7% Change.
• Ventive Hospitality: Closing Share Price: 616.00 (July 17) vs. 635.00 (July 10), -3.0% Change.

Korea Stock Exchange (KRW)

• Ananti Inc.: Closing Share Price: 3770.00 (July 17) vs. 3970.00 (July 10), -5.0% Change.
• Grand Korea Leisure Co., Ltd.: Closing Share Price: 9250.00 (July 17) vs. 10440.00 (July 10), -11.4% Change.
• Hotel Shilla Co., Ltd.: Closing Share Price: 47600.00 (July 17) vs. 50900.00 (July 10), -6.5% Change.
• Lotte Tour Development Co., Ltd.: Closing Share Price: 11300.00 (July 17) vs. 14900.00 (July 10), -24.2% Change.
• Paradise Co., Ltd.: Closing Share Price: 10050.00 (July 17) vs. 12780.00 (July 10), -21.4% Change.
• Seobu T&D Co., Ltd.: Closing Share Price: 9770.00 (July 17) vs. 10890.00 (July 10), -10.3% Change.
• Shinhan Seobu T&D REIT: Closing Share Price: 3620 (July 17) vs. 3625 (July 10), -0.1% Change.

Singapore Stock Exchange (S$)

• Acrophyte Hospitality Trust (US$): Closing Share Price: 0.22 (July 17) vs. 0.21 (July 10), +4.8% Change.
• Banyan Tree Holdings Limited: Closing Share Price: 0.57 (July 17) vs. 0.57 (July 10), 0.0% Change.
• CapitalLand Ascott Trust: Closing Share Price: 0.90 (July 17) vs. 0.91 (July 10), -0.6% Change.
• CDL Hospitality Trusts: Closing Share Price: 0.77 (July 17) vs. 0.78 (July 10), -0.6% Change.
• Coliwoo Holdings Limited: Closing Share Price: 0.50 (July 17) vs. 0.48 (July 10), +3.1% Change.
• Far East Hospitality Trust: Closing Share Price: 0.58 (July 17) vs. 0.58 (July 10), +0.9% Change.
• Hotel Grand Central Ltd: Closing Share Price: 0.73 (July 17) vs. 0.72 (July 10), +2.1% Change.
• Hotel Properties Ltd: Closing Share Price: 4.57 (July 17) vs. 4.58 (July 10), -0.2% Change.
• ProsperCap Corporation Ltd: Closing Share Price: 0.06 (July 17) vs. 0.06 (July 10), 0.0% Change.
• Stamford Land Corporation Ltd: Closing Share Price: 0.49 (July 17) vs. 0.50 (July 10), -1.0% Change.

Taiwan Stock Exchange (NT$)

• Formosa International Hotels Corporation: Closing Share Price: 180.00 (July 17) vs. 180.50 (July 10), -0.3% Change.
• The Ambassador Hotel, Ltd: Closing Share Price: 45.80 (July 17) vs. 44.90 (July 10), +2.0% Change.

Tokyo Stock Exchange (JPY)

• Hoshino Resorts REIT, Inc: Closing Share Price: 241300 (July 17) vs. 238600 (July 10), +1.1% Change.
• Imperial Hotel, Ltd: Closing Share Price: 1000.00 (July 17) vs. 1000.00 (July 10), 0.0% Change.
• Ichigo Hotel REIT Investment Corporation: Closing Share Price: 122100 (July 17) vs. 119400 (July 10), +2.3% Change.
• Invincible Investment Corporation: Closing Share Price: 59900 (July 17) vs. 60800 (July 10), -1.5% Change.
• Japan Hotel REIT Investment Corp.: Closing Share Price: 78300.00 (July 17) vs. 79200.00 (July 10), -1.1% Change.
• Kasumigaseki Hotel REIT Investment Corp: Closing Share Price: 97500.00 (July 17) vs. 97200.00 (July 10), +0.3% Change.
• Nippon Hotel & Residential Investment Corporation: Closing Share Price: 66100.00 (July 17) vs. 66700.00 (July 10), -0.9% Change.
• Polaris Holdings: Closing Share Price: 196 (July 17) vs. 200 (July 10), -2.0% Change.

---

HVS: Your Partner in Unrivaled Hospitality Intelligence

HVS remains at the forefront of providing comprehensive and incisive intelligence for the global hospitality industry. Through our extensive network of experts and data-driven insights, we empower stakeholders to navigate the complexities of the market and make informed strategic decisions.

Stay ahead of industry trends by subscribing to our complimentary HVS newsletters. Explore a wealth of market overviews, hotel valuation data, and expert analyses at hvs.com/publications and hvi.com.

Copyrights © 2026; All Rights Reserved by HVS
Privacy Policy | Sent by: HVS Asia Pacific