Global News

Marriott International’s strong conversion activity helps drive robust growth in the Caribbean and Latin America

Hotel conversions continue to have real momentum in the Caribbean and Latin America (CALA) region and in recent years have become an important growth driver for Marriott International. Hoteliers and investors are leveraging the efficiencies and advantages of renovating and rebranding existing properties, further expanding the breadth of Marriott’s portfolio, consisting of 31 global brands.

Marriott International
Global News

Mandarin Oriental publishes 2022 Sustainability Report

Mandarin Oriental, a global leader in luxury hospitality announces its latest sustainability achievements and strategic initiatives, as outlined in its annual sustainability report which is now available on the brand website in text and audio formats. Over the past year, the company has made significant enhancements to its Environmental, Social, and Governance (ESG) Policies, reinforcing its commitment to a more sustainable future.

Mandarin Oriental Bosphorus Istanbul
Global News

Hyatt to strengthen its lifestyle brand presence in Europe with plans for Hyatt Centric Malta

Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with JUEL Hospitality Limited, part of the JUEL Group, to develop the 160-room Hyatt Centric Malta. The hotel is expected to open in early 2024, marking the second Hyatt-branded property in Malta, joining Hyatt Regency Malta in the heart of St Julian’s, a bustling resort town on the island’s northeast coast known for its thriving nightlife and stunning beaches. Hyatt’s thoughtful expansion of the Hyatt Centric brand represents its commitment to growing its lifestyle and leisure portfolio while increasing the World of Hyatt loyalty program value proposition by delivering meaningful experiences to members in more sought-after destinations. 

Hyatt Centric
Global News

TriO Capital to maximise growth opportunities for Ovolo and beyond

The launch of TriO Capital, the dedicated investment and asset management arm of the Ovolo Group, will facilitate the acceleration of its expansion efforts, with an initial focus on Asia Pacific. TriO, named after the three O’s in Ovolo, will have Tim Alpe, the group’s former COO for Hong Kong and Indonesia, at the helm supported by a dedicated team of acquisitions and investment experts including newly minted Vice President Kyu Baek Kim, a long-standing team member with an intricate understanding of feasibility and expert investment analysis across the region.

TriO Capital
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