After a recent break-off with Oasis Collection home rentals, Hyatt has announced today that it is buying Two Roads Hospitality for US$480 Million. This international lifestyle hotel management company currently owns luxury lifestyle and boutique brands like Alila Hotels & Resorts, Joie de Vivre Hotels, Thompson Hotels, Destination Hotels and tommie.
Through the addition of Two Roads, its established lifestyle brands and the management agreements for the majority of its 85 properties in eight countries, Hyatt will expand its brand presence into 23 new markets while enhancing its offerings in lifestyle hotel experiences and wellbeing. With Two Roads and its distinctive collection of lifestyle hotels, resorts and vacation residences, Hyatt will offer an expanded and more powerful portfolio of brands with best-in-class offerings to deliver compelling experiences and benefits for guests and World of Hyatt members, expand its relationship with valued hotel owners, and drive growth for shareholders.
After the close of the transaction, which is expected later this year, Hyatt will create a dedicated lifestyle division as a catalyst to bring together the operations of Two Roads’ and Hyatt’s lifestyle brands. Hyatt will provide additional information related to the acquisition, including a preliminary estimate of 2019 earnings accretion, on its third quarter earnings call scheduled for October 31, 2018. Hyatt plans to integrate Two Roads brands into the World of Hyatt program in 2019, expanding opportunities for World of Hyatt members to earn and redeem points across more leisure-focused stay options and also driving hotel occupancy from a loyal group of travelers who spend more, stay more and book directly.
Well-known for her luxury cruises along the Amazon and Mekong Rivers, Aqua Expeditions will be unveiling new vessels and announcing new routes towards the end of November 2018. The recently-announced global expansion is made possible by a USD 28 million capital injection by US-based private equity company, Bison Capital.
After weeks of speculation, Singapore Airlines has just officially announced Seattle as the fourth city US city to be served non-stop from Singapore - this is also the fifth US city in the airlines' route network. The non-stop Singapore to Seattle flights are due to be launched on 03 September 2019 and it will be initially operated three times a week before increasing to four times a week in October 2019.
The SO Sofitel Hua Hin has just unveiled a brand new wing with new state-of-the-art leisure facilities and room types for both business and leisure travellers. The new wing features One-bedroom SO Pool Villas as well as SO Family Suites (complete with bunk beds) that family traveling with children can look forward to. Additionally, guests staying in the hotel can also look forward to a new Signature Pool (16m x 60m) that consists of a water playground with a Wibit adventure course running down the middle of the pool.
There are no lack of luxury hotels in Singapore but 2018 has been a fairly unexciting year where luxury hotels are concerned - The Capitol Kempinski Hotel Singapore finally opened this year after a hiatus that lasted years and the Six Senses Duxton is probably the only other hotel worth mentioning this year. Yesterday, the Marina View white site has been made available for application under the GLS and it is set to yield 540 hotel rooms.
The Hong Kong Ocean Park Marriott Hotel is Hong Kong’s first ever city resort to ever open - the brand-new 471-room property is located at Ocean Park Hong Kong and it is just minutes away from the city, making it the perfect destination for both leisure and business travellers. Hong Kong Ocean Park Marriott Hotel is also committed to several sustainable initiatives which include energy-saving components to keep the building cooler in summer. In addition, rainwater collection areas and vertical planting systems are found throughout the hotel.
Hilton has just announced the launch of a brand new affordable lifestyle brand - Motto by Hilton. The new brand is designed to empower guests by giving them the freedom to create their own experiences in the world’s most sought-after cities. As Hilton approaches its 100th anniversary, it continues to pioneer the hospitality landscape with a new brand to address the needs and desires of the evolving global traveler.
The Fullerton Hotels and Resorts will be expanding the brand’s portfolio with the management of The Fullerton Hotel Sydney from 18 October 2019. Currently The Westin Sydney, the iconic property located on 1 Martin Place will be re-branded into The Fullerton Hotel Sydney and it will become the group’s first foray outside of Singapore.
In conjunction with The Ritz-Carlton’s Stellar Dining Series, The Ritz-Carlton, Millenia Singapore will be presenting a series of gastronomic events from 01 November 2018 to 04 November 2018 - the whole journey begins in Singapore and it will continue through to Osaka, Hong Kong and Beijing from 01 November 2018 to 01 December 2018.
A brand new Hilton property has just opened in Taipei and it marks the brand’s return to the Taiwan market after 15 years. Located in New Taipei City, the 31-story Hilton Taipei Sinban offers 400 upscale rooms and it positions itself as an optimal choice for business travel and gatherings with extensive meeting facilities and convenient connections to traffic hubs.
Chef Ku at Golden Peony (Conrad Centennial Singapore) has just unveiled a brand new selection of dim sum items for both weekday lunches as well as weekend brunches. The new array of dim sum is created to showcase both traditional Cantonese as well as local flavours. Family dining with children will also be delighted to find a handful of specially-created items for the restaurant’s younger guests.