Hotels and Resorts

GreenTree Hospitality Group Ltd. Reports Third Quarter 2021 Financial Results

* Total revenues increased 16.3% year-over-year to RMB310.4 million (US$48.2 million)[1]. * Income from operations decreased 45.6% year-over-year to RMB54.9 million ( US$8.5 million) [1]. * Adjusted EBITDA (non-GAAP) [2] decreased 33.5% year-over-year to RMB73.7 million (US$11.4 million) [1]...

2022-01-13 07:20 5048

SUNWAY VELOCITY HOTEL KUALA LUMPUR INTRODUCES NEW STAY, SHOP AND EAT PACKAGE AND GUEST-CENTRIC SUSTAINABILITY INITIATIVES

KUALA LUMPUR, Malaysia, Jan. 7, 2022 /PRNewswire/ -- Sunway Velocity Hotel Kuala Lumpur has recently collaborated with the interconnected Sunway Velocity Mall to launch theStay, Shop, and Eat package, providing guests with an exciting urban holiday adventure at great value.

2022-01-07 09:00 4037

MARRIOTT INTERNATIONAL CONTINUES TO EXPAND FOOTPRINT IN MALAYSIA WITH THE INTRODUCTION OF THE LE MÉRIDIEN BRAND TO PENANG

GEORGE TOWN, Malaysia, Jan. 6, 2022 /PRNewswire/ -- Marriott International, Inc. today announced it has signed an agreement with Rackson Hospitality Sdn. Bhd to bring theParis-born Le Méridien brand to Penang, the 'Pearl of The Orient'. As part of the Penang Gateway development, the 200-room Le M...

2022-01-06 12:14 5982

Swiss-Belboutique Yogyakarta Distributed Aid to Orphanage and Nursing Homes

YOGYAKARTA, Indonesia, Dec. 30, 2021 /PRNewswire/ -- December is a very special month for Swiss-Belboutique Yogyakarta. This December, Swiss-Belboutique Yogyakarta step on fifth (5th) years operating. After successfully in a series of 5th Anniversary events on lastDecember 11th 2021, Management o...

2021-12-30 15:25 3104

Astrum Ampang Signs Agreement with Ascott to Manage Citadines Astrum Ampang Kuala Lumpur

KUALA LUMPUR, Malaysia, Dec. 28, 2021 /PRNewswire/ -- Setia Awan Group's Astrum Ampang Sdn Bhd and The Ascott Limited (Ascott) have entered into an agreement for the management and operations of Citadines Astrum Ampang Kuala Lumpur.

2021-12-28 09:00 3954

Agoda launches digital quarantine packages in Japan to facilitate safe return for repatriates

TOKYO, Dec. 27, 2021 /PRNewswire/ -- Agoda has launched Japan Alternative Quarantine (Japan AQ) packages to offer greater options for Japanese citizens returning home for  holidays from 'high-risk' countries as COVID-19 continues to hinder free movement. Japan AQ leverages Agoda's cutting-edge t...

2021-12-27 12:22 3783

Sheraton Revives The Community Spirit with "Celebrate The Community" Brand Campaign

MACAU, Dec. 23, 2021 /PRNewswire/ -- Sheraton Hotels & Resorts, part of Marriott Bonvoy's portfolio of 30 extraordinary brands recently unveiled its new brand campaign, "Celebrate the Community". Sitting at the heart of communities for over 80 years, Sheraton continues to bring people together in...

2021-12-23 21:27 7025

LIGHT PROJECTIONS THAT SPOTLIGHT SINGAPOREANS' SPIRIT OF GIVING TO USHER IN 2022

SINGAPORE, Dec. 23, 2021 /PRNewswire/ -- Come 26 December, the facades of three iconic Marina Bay landmarks will come aglow with vibrant projection shows celebrating the spirit of giving to the community. Presented by the Urban Redevelopment Authority in support of theSingapore Together[1] moveme...

2021-12-23 20:00 4482

SUNWAY'S NEW INTEGRATED HOTEL IN JOHOR OFFERS NEW ADVENTURES

JOHOR BAHRU, Malaysia, Dec. 23, 2021 /PRNewswire/ -- Sunway Hospitality has opened its integrated 284-room Sunway Hotel Big Box, Sunway City Iskandar, promising a new adventure inMalaysia's southern state of Johor.

2021-12-23 10:36 4120

Renaissance Hotels Unveils Its Latest Resort In The Island Of The Gods

BALI, Indonesia, Dec. 23, 2021 /PRNewswire/ -- Renaissance Hotels , part of Marriott Bonvoy's portfolio of 30 extraordinary hotel brands, unveils its second property in Island of the Gods with the opening ofRenaissance Bali Nusa Dua Resort

2021-12-23 10:35 6797

Fairfield by Marriott Opens Its Second Hotel in Malaysia with The Opening of Fairfield by Marriott Kuala Lumpur, Jalan Pahang

KUALA LUMPUR, Malaysia, Dec. 22, 2021 /PRNewswire/ -- Fairfield by Marriott, part of Marriott Bonvoy's portfolio of 30 extraordinary brands, today announced the opening of Fairfield by Marriott Kuala Lumpur, Jalan Pahang. Inspired by the beauty of simplicity and warm hospitality, the 186-room hot...

2021-12-22 15:00 3831

Marriott International Signs Agreement with Melco Resorts & Entertainment to Bring Macau's First W Hotel

SHANGHAI, Dec. 22, 2021 /PRNewswire/ -- Marriott International, Inc. today announced that it has signed an agreement with Melco Resorts & Entertainment to bring the W Hotels Worldwide brand toMacau. Scheduled to open in December 2022, W Macau – Studio City is expected to become an iconic addition...

2021-12-22 10:00 8880

'Busan HAEVENUE', the best MICE destination in the post-pandemic era

SEOUL, South Korea, Dec. 22, 2021 /PRNewswire/ -- One of the world-renown convention cities, Busan where the daily life of citizens harmonize with five-star luxury beach hotels, exhibition and convention infrastructure, and commercial facilities for recreation and leisure, is busy leaping toward ...

2021-12-22 09:00 3752

RENAISSANCE HOTELS UNVIELS ITS LATEST RESORT IN THE ISLAND OF THE GODS

BALI, Indonesia, Dec. 21, 2021 /PRNewswire/ -- Renaissance Hotels , part of Marriott Bonvoy's portfolio of 30 extraordinary hotel brands, unveils its second property in Island of the Gods with the opening ofRenaissance Bali Nusa Dua Resort

2021-12-21 18:10 2919

Hachi Yin Wins Asia's Most Admirable Young Leaders Award, Bringing Utopia to The Number One Developer in Phuket.

PHUKET, Thailand, Dec. 21, 2021 /PRNewswire/ -- Hachi Yin, CEO and Founder of Utopia Corporation (UCORP), has been named one ofAsia's Most Admirable Young Leaders by ACES Awards 2021, which is organized by MORS Group, a testament to his strong visions for thePhuket property development scene. Thi...

2021-12-21 13:00 4002

Bringing a New Luxury to Vietnam, Swiss-Belhotel International Introduces Swiss-Belresidences Upper East Saigon

HANOI, Vietnam, Dec. 21, 2021 /PRNewswire/ -- Swiss-Belhotel International, one of the world's fastest-growing hotel management groups, unveils the Swiss-Belresidences Upper East Saigon, the group's first luxury branded residences inVietnam.

2021-12-21 10:00 4152

Chairman's Letter 2021

SHANGHAI, Dec. 20, 2021 /PRNewswire/ -- Dear Shareholders: Thank you for your continuing support and confidence in GreenTree Hospitality Group's people and leadership. 2021: A significant rebound The outbreak of the Covid-19 pandemic adversely affected the hospitality industry world-wide in the...

2021-12-20 13:39 2963

TRIBUTE PORTFOLIO CELEBRATES ITS DEBUT IN MALAYSIA WITH THE OPENING OF PALM GARDEN HOTEL, PUTRAJAYA, a TRIBUTE PORTFOLIO HOTEL

PUTRAJAYA, Malaysia, Dec. 20, 2021 /PRNewswire/ -- Tribute Portfolio, part of Marriott Bonvoy's portfolio of 30 extraordinary hotel brands, today announced the opening ofPalm Garden Hotel, Putrajaya, a Tribute Portfolio Hotel

2021-12-20 10:30 3415

JOY TO THE WORLD - CELEBRATE A HEARTY CHRISTMAS AND NEW YEAR AT SUNWAY PUTRA HOTEL KUALA LUMPUR

KUALA LUMPUR, Malaysia, Dec. 17, 2021 /PRNewswire/ -- Year-end calls for holiday, select a date and usher the festive celebration at Sunway Putra Hotel Kuala Lumpur throughoutDecember 2021. Adorning the theme 'Joy to the World', Sunway Putra Hotel is delighted to revive the Christmas cheer to the...

2021-12-17 11:42 4822

THE LUXURY COLLECTION DEBUTS IN AUSTRALIA WITH THE OPENING OF THE TASMAN, A LUXURY COLLECTION HOTEL, HOBART

HOBART, Australia, Dec. 17, 2021 /PRNewswire/ -- The Luxury Collection Hotels & Resorts, part of Marriott Bonvoy's portfolio of 30 extraordinary brands, today announced the opening ofThe Tasman, a Luxury Collection Hotel, Hobart

2021-12-17 10:00 5966