American Hospitality Group to Open 8 New Hotels in Thailand

American Hospitality Group to Open 8 New Hotels in Thailand

As part of its expansion across the Asia-Pacific region, American hospitality group Best Western Hotels (BWH) will open eight new hotels in Thailand in 2023 to capitalize on the Kingdom’s resurgent tourism. BWH operates 16 properties in Thailand under three brands:...
Japan’s Marubeni to Launch Tim Hortons in Singapore

Japan’s Marubeni to Launch Tim Hortons in Singapore

In partnership with the Japanese conglomerate Marubeni Corporation, Tim Hortons is gearing up to launch in Singapore. Marubeni Growth Capital Asia Pte. Ltd, Marubeni’s wholly-owned subsidiary based in Singapore, will bring the Canadian coffee chain to the...
9 in 10 Indonesians Plan to Purchase During Ramadan

9 in 10 Indonesians Plan to Purchase During Ramadan

According to a survey of over 2,000 Indonesians by The Trade Desk and YouGov, 88% of Indonesians plan to make a purchase during Ramadan. Female millennial online shoppers are expected to spend more than the general population. Indonesians are embracing digital in...
Hong Kong’s Link Reit Acquires 2 Singapore Malls

Hong Kong’s Link Reit Acquires 2 Singapore Malls

Asia’s largest real estate investment trust, Link Reit has made a foray into Singapore through its planned acquisition of two Singapore retail developments, Jurong Point and Swing By, from Mercatus Co-operative. The deal, worth USD 1.6 billion, is expected to be...