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Genting Singapore Partners to Build $2.2 Billion Resort

Genting Singapore, PLC, Southeast Asia’s largest casino operator by market value, has announced a joint venture to develop a casino resort on South Korea’s Jeju Island. 161 more words

Hotelier News

Asian Hotel Investments Skyrocket 218 Percent

Hotel investment volumes in Asia totaled $7.5 billion at the end of 2013, increasing a staggering 218 percent from the previous year, defying expectations.

Last year represented the strongest year in the wake of the global financial crisis in 2007, when transaction volumes totaled $10.3 billion, according to JLL’s Hotels & Hospitality Group. 352 more words

Hotelier News