USD500M for luxury hotels: Aman and Janu projects in Asia-Pacific
Five transactions in Asia-Pacific this week, according to the latest HVS Asia Pacific Hospitality Newsletter. The headliner: a $500 million joint venture between Shinsegae and OKO to develop hotels under the Aman and Janu brands.
Two asset swaps by JHR in Japan plus hotel sales in Okinawa and Auckland round out the list. These moves show capital still has strong appetite for hospitality in the region. For the travel tech ecosystem, more new hotels means more potential clients for PMS, booking engines, and revenue tools.
My take: every hotel transaction opens a door for technology to get in. Keep an eye on these developments to see which solutions the new projects adopt.
Quick questions
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