News highlights of the first half of 2011
06 July 2011
As we move swiftly into the second half of 2011, HMA takes a look back over the past six months at the key events and news impacting the hospitality industry in the fast-moving Asia Pacific region.
January
The hotel chain also revealed plans to enter the midscale hotel segment in China.
Management and advisory services firm says it aims to open 30 hotels in Asia by 2013 under its new formation as Zinc | InVision Hospitality.
The company says the majority of the new openings will come under its contemporary Radisson brand.
February
Angsana Hotels & Resorts set to take over the long-standing Phuket resort at the end of June.
Six of the new properties to be operational this year, with rest to open within five years, company’s Asia Pacific president says.
Over half of the new openings in the Asia Pacific region will be in China.
IHG CEO Andrew Cosslett reveals plan to launch a new upper midscale brand in China by the end of 2011 as the group reports its 2010 earnings results.
The newly formed company says it plans to open or brand 30 hotels in Asia by 2013.
The Chinese hotel chain joins forces with Spanish firm to foster international expansion.
Kerry Hotel Pudong, Shanghai is the first to open under the new five-star brand
March
Several hotels are closed or evacuated following the March earthquake and Tsunami.
The economically sized hotel has not attracted a single guest since opening at the start of the year, according to local media reports.
2011 will be a year of investment says the company as it releases its full year 2010 results.
The world’s tallest hotel opens boasting 312 rooms, a 930sqm ballroom, and a chocolate-themed lounge.
Current CFO and longstanding IHG executive Richard Solomons set to take over at the helm.
