Thai Airways’ administrators approve capital reduction
Thai Airways International administrators have approved a previously announced reduction in the carrier’s registered capital from THB27 billion baht (USD829.6… Read More »
AirAsia to raise up to $244mn in rights issue
AirAsia Group has revealed plans to raise up to MYR1.024 billion ringgit (USD244 million) through a renounceable rights issue, with… Read More »
Hotel included in proposed Facebook city-within-city
A 193-room hotel, 1,700 apartments, office space, a supermarket and more will comprise a town Facebook plans to build for… Read More »
Tenn. panel approves $100M in bonds for mountain hotel
A $100 million bond issue to finance a proposed hotel on Tennessee’s Lookout Mountain was approved last week by the… Read More »
Ground broken for $60M Viva Wyndham Dominican resort
The presidents of Viva Wyndham Resorts and the Dominican Republic were on hand last week as the company broke ground… Read More »
Timing of Oyo IPO undecided, CEO says
The Indian startup Oyo Hotels and Homes is looking seriously into going public in an initial public offering but no… Read More »
Vive la difference: Women hoteliers make it new
Six female independent hotel owners are previewing the future of a traditionally male-dominated industry by combining distinctive personal touches with… Read More »
Qatar to open 100+ hotels for 2022 FIFA World Cup
Qatar, host for the 2022 FIFA World Cup, will be ready with 105 new hotels and serviced apartments. The properties… Read More »