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AccorHotels sells majority of property unit for US$5.4b

28-02-2018 09:31

PARIS: AccorHotels announced on Tuesday (Feb 27) the sale of a 55 per cent stake in the subsidiary that owns its hotels to a group of international investors including the sovereign wealth funds of Saudi Arabia and Singapore for €4.4 billion (US$5.4 billion).

Drowning caused Bollywood superstar Sridevi's death: Dubai police

27-02-2018 12:57

DUBAI: Bollywood superstar Sridevi Kapoor, who died in Dubai at the weekend, aged 54, drowned in her hotel bathtub after passing out, Dubai police said Monday (Feb 26).

Richer hues in hospitality

26-02-2018 14:00

The Vietnamese resort and hospitality sector is growing steadily to meet the growing demand of the tourism industry. However, developers and service providers alike have to diversify their products to meet the increasingly colourful needs of customers.

Dubai opens world's tallest hotel, again

12-02-2018 21:30

DUBAI: Gulf metropolis Dubai, on its never-ending quest to break records, announced the opening of the "world's new tallest hotel" on Sunday (Feb 11), pipping another towering landmark in the city for the title.

wink hotels reveals location of first two development sites

Wínk Hotels reveals location of first two development sites

06-02-2018 11:23

Wínk Hotels, the visionary hotel brand and creation of Indochina Vanguard Hotels, today announced a key milestone – the confirmation of the brand’s first locations, one in Ho Chi Minh City and one in Danang, where the first two of many Wínk Hotels will be established in Vietnam.

Kabul hotel attack killed at least 25: Official

26-01-2018 09:35

KABUL: An Afghan official said Thursday (Jan 25) at least 25 people were killed in the attack on a Kabul hotel, as confusion reigned over the true toll with conflicting figures given and Afghan media reporting higher numbers.

Kabul hotel attack toll at least 22: Officials

23-01-2018 14:03

KABUL: At least 22 people are now known to have died when Taliban militants slaughtered guests at a luxury Kabul hotel, Afghan officials said Monday (Jan 22), as fears grew that the attackers may have had inside help.

Vietnam has potential to become the next BPO giant

22-01-2018 08:00

Business process outsourcing (BPO) is believed to be one of the five sectors with the greatest potential for growth and investment in Vietnam in the near future, along with solar and wind energy, luxury hotels, modern agribusiness and food, and retail banking, according to PwC’s ‘Spotlight on Vietnam’ report released in October 2017.

Pegasus Vietnam to implement Outward Bound Vietnam with BIDV aid

17-01-2018 09:53

On January 15, 2018 at Saigon Quy Nhon Hotel in the central province of Binh Dinh, Pegasus Investment and Consultancy Binh Dinh JSC and Bank for Investment and Development of Vietnam (BIDV)’s Binh Dinh branch signed a sponsorship contract for Outward Bound Vietnam.