Four Seasons resort in Saudi Arabia: Four Seasons Hotels and Resorts and Red Sea Global, the closed joint stock company fully owned by the Public Investment Fund of Saudi Arabia, have announced plans to open a Four Seasons Resort as part of The Red Sea masterplan development. Designed by Foster + Partners, the new resort will have 149 rooms and suites, six restaurant and lounge outlets, events spaces, a marine discovery center, a spa, tennis courts, three pools and two separate beaches for families and adults. Four Seasons Hotels and Resorts currently operates 126 hotels and resorts and 53 residential properties across 47 countries, with more than 50 projects under development. The resort will be located on The Red Sea’s Shura Island and will also feature a yacht marina, retail outlets, an 18-hole golf course and leisure and lifestyle facilities. The Red Sea resort will consist of natural islands and lagoons across 200 kilometers along the country’s western coast.
Banyan Tree Group to Spain: Banyan Tree Group has signed an MOU with La Quinta Real Estate Group to open Angsana Real de la Quinta Benahavis Marbella resort and residences in Benahavis, Spain, in 2026. This will be Banyan Tree’s first property in Spain. Located inside the 200-hectare Real de La Quinta residential community, Angsana Real de la Quinta Benahavis Marbella will comprise 90 rooms and suites, three dining venues, meeting spaces, a spa, pools and an amphitheater. The hotel’s design is led by OBMI, while interiors will be headed by MKV Design and the landscaping by RSR Studio. Branded residences will range from 97 to 151 square meters in size and will feature two- and three-bedroom units. The residences will include a private courtyard, pool, parking and daily housekeeping.
Tokyo’s room rates improve: STR reported Tokyo’s hotel ADR has crossed its pre-pandemic figures for two consecutive months, boosted by the reopening of Japan’s international border and the National Travel Support campaign. The increase in room rates was preceded by rising occupancy, which stood at 74.8% in December 2022 and a marginal decline this January to 69% due to seasonality. January’s occupancy was still 11.8% lower than in January 2019. January’s ADR of JPY20,055.58 ($147.2) surpassed the pre-pandemic comparable by 14.7%. Tokyo was below the pre-pandemic comparables in the top and bottom-line performance for most of 2022, but there has been an upward trend since Q4 2022.
Radisson adds in Thailand: Radisson Hotel Group has opened a beachside resort, Radisson Resort & Spa Hua Hin, in Thailand. Located along the Cha-am Beach, with several dining venues, the upscale, family-friendly property features 243 rooms and suites, an outdoor pool with a water slide, water sports, water sports activity, a fitness center, spa and direct beachfront access. The resort also has six function spaces, including a grand ballroom and a beachside lawn.
IHG signs in Phuket: IHG Hotels & Resorts has signed a franchise agreement with Thai hospitality and restaurant company Destination Group to rebrand two independent resorts in Phuket, Thailand. The 256-room Surin Phuket Beach Resort and 224-room Karon Phuket Beach Resort will be renovated and rebranded into Holiday Inn Resort Phuket Surin Beach and Holiday Inn Resort Phuket Karon Beach later this year. This brings the Holiday Inn portfolio in the country to 17 opened and in the pipeline. IHG has 33 hotels across 10 brands in Thailand and 34 in the pipeline.