AltoVita’s Post

Toshio Motoya's Vision: From Budget Roots to Hospitality Powerhouse While APA Hotel may have started out in the relatively conservative budget business hotel niche, its founder, Toshio Motoya, has clearly set his sights on grander ambitions. Established in 1971, the privately-owned APA Group has grown into a hospitality and real estate conglomerate with a net worth of around 232.2 billion yen. Beyond its core hotels business, the company has diversified into construction, urban development, and real estate securitization. This diversification has been fueled, in part, by the post-pandemic hospitality surge in Japan. Motoya has seized this opportunity to propel APA Hotel's expansion, both domestically and internationally. The company now boasts over 700 properties and 100,000 keys, making it one of Japan's largest hotel chains. In 2016, APA took its first steps abroad, acquiring the Coast Hotels brand in Canada. Today, the company operates 39 hotels with 4,500 keys across British Columbia and Alberta, and it's aiming to reach 10,000 rooms in major Pacific coast cities. Motoya's vision for APA Hotel extends beyond the traditional budget segment. The brand has evolved to offer a simplified, yet sophisticated, travel experience that caters to the modern traveler's needs. Through thoughtful design, innovative technologies, and a focus on Japanese hospitality, APA is redefining the very concept of "budget" accommodation. As APA Hotel continues to grow and diversify, it's clear that Toshio Motoya's ambitions know no bounds. From its humble budget hotel origins to its current status as a hospitality powerhouse, the APA story is one of strategic vision, adaptability, and a relentless pursuit of excellence. #APA #APAHotel #ToshioMotoya #HospitalityIndustry #Expansion #JapaneseHospitality

An interesting article about how major hospitality players like Singapore's Dao by Dorsett are moving into the ApartHotel space. Their flagship property in Singapore, a transformation from Oakwood Premier, now emphasises flexibility, allowing for both short and long stays. The brand’s focus on personalisation and local collaborations, such as fresh produce suppliers and sustainable toiletry brands, further enhances guest experience. Similarly, Quayside JBCC, operated by Oakwood, an Ascott Hospitality brand, will provide guests with an elevated experience. Investing in branded ApartHotels ensures your investment is hassle-free while protecting its value. #LinkedInPost #HospitalityInnovation #Aparthotel #TravelTrends #PersonalizedExperience #sustainablehospitality

The local hospitality sector is gearing up for exciting additions, with The Ascott Limited and Masteron Group partnering for the lyf Brickfields Kuala Lumpur, a greenfield hotel expected to open in 2027. Positioned near Kuala Lumpur Sentral, the lyf property aims to cater to modern bleisure travelers and digital nomads, fostering community-driven flexible living experiences. Meanwhile, Lexis Hotels & Resorts Sdn Bhd is preparing to launch two hotels, Lexis Hibiscus 2 and Imperial Lexis Kuala Lumpur, with a total GDV of RM1.22 billion. In anticipation of heightened international travel in 2024, Malaysia and Southeast Asia prioritize domestic adventures and staycations, emphasizing adaptability to evolving Covid-19 regulations and sustainable options. Wellness tourism grows in Malaysia, focusing on relaxation and rejuvenation. The rise of "bleisure travel" aligns with the remote work culture. Despite challenges, the Malaysian travel industry expected to resilient, stressing innovation, collaboration, and adaptability. Targeting specific markets, boosting tourism from China and India, and positioning as a premier MICE destination are key goals amid disruptions in the global supply chain network. Other updates include Shangri-La Hotels (Malaysia) Berhad securing a five-year Hotel Management Agreement (HMA) with Shangri-La Hotel Management (MY) Pte Ltd Hong Kong, covering various services. The agreement, effective from January 1, 2024, allows for potential renewals over the following decade, providing Shangri-La KL the opportunity to fully leverage the brand's strength and global network. For more details on this week’s hospitality updates, do visit https://lnkd.in/gTV2F9Cy   #zerinproperties #corporaterealestate #corporatetransactions #estateagency #hotelforsale #hotelinvestment #corenetglobal #apac #southeastasia #hotelinvestment #hotelexpansion #motac #ttourismmalaysia #tourismrecovery #airlines #mice #medicaltourism #sustainability #esg #traveltrends #strategicpartnership

The local hospitality industry marked the beginning of the year with the completion of the RM145 million sale of Holiday Villa Beach Resort & Spa Langkawi by AmanahRaya-Kenedix REIT Manager. Acquired for RM55 million in 2007, the 4-star beach resort was successfully sold to Plenitude Gateway Sdn Bhd, aligning with AmanahRaya REIT's objectives to reduce borrowings, optimize returns, and improve the yield of its asset portfolio. Additionally, ONYX Hospitality Group's expansion in Malaysia includes three new properties, marking a total of seven in its Malaysian portfolio and establishing the country as the first outside Thailand to host all three ONYX brands—Amari, OZO, and Shama. Meanwhile, in response to Sabah's booming tourism, Zerin Properties Group CEO Previndran Singhe emphasizes the pressing need for upscale accommodations to meet demand, with the state government actively attracting hoteliers and initiating various projects, including heritage building conversions, to boost tourism infrastructure. The tourism sector is expected to flourish with increased flights and strengthened ties between Malaysia and China, following the Ministry of Tourism, Arts and Culture's collaborations with major Chinese online travel platforms. In another development, Langkawi anticipates enhanced air connectivity in 2024, with new services from Flydubai and AirAsia Indonesian, expanded services by Malaysia Airlines, and charter flight series with Poland's ITAKA, reflecting the island's growing appeal as a tourist destination with increased international and domestic accessibility. In the international segment, The Ascott Limited's lodging arm, Ascott, expands its lyf brand with the signing of eight new properties, totaling over 30 operational or upcoming lyf properties globally. The new additions span resort and city destinations like Bali, Penang, Sydney, and Frankfurt. For more details on this week’s hospitality updates do view the video below https://lnkd.in/gCw74vdz #zerinproperties #corporaterealestate #corporatetransactions #estateagency #hotelforsale #hotelinvestment #corenetglobal #apac #southeastasia #hotelinvestment #hotelexpansion #motac #ttourismmalaysia #tourismrecovery #airlines #mice #medicaltourism #sustainability #esg #traveltrends #strategicpartnership

Check out Zerin Properties Weekly Hospitality updates below. The local hospitality industry marked the beginning of the year with the completion of the RM145 million sale of Holiday Villa Beach Resort & Spa Langkawi by AmanahRaya-Kenedix REIT Manager. Acquired for RM55 million in 2007, the 4-star beach resort was successfully sold to Plenitude Gateway Sdn Bhd, aligning with AmanahRaya REIT's objectives to reduce borrowings, optimize returns, and improve the yield of its asset portfolio. Additionally, ONYX Hospitality Group's expansion in Malaysia includes three new properties, marking a total of seven in its Malaysian portfolio and establishing the country as the first outside Thailand to host all three ONYX brands-Amari, OZO, and Shama. Meanwhile, in response to Sabah's booming tourism, Zerin Properties Group CEO Previndran Singhe emphasizes the pressing need for upscale accommodations to meet demand, with the state government actively attracting hoteliers and initiating various projects, including heritage building conversions, to boost tourism infrastructure. The tourism sector is expected to flourish with increased flights and strengthened ties between Malaysia and China, following the Ministry of Tourism, Arts and Culture's collaborations with major Chinese online travel platforms. In another development, Langkawi anticipates enhanced air connectivity in 2024, with new services from Flydubai and AirAsia Indonesian, expanded services by Malaysia Airlines, and charter flight series with Poland's ITAKA, reflecting the island's growing appeal as a tourist destination with increased international and domestic accessibility. In the international segment, The Ascott Limited's lodging arm, Ascott, expands its lyf brand with the signing of eight new properties, totaling over 30 operational or upcoming lyf properties globally. The new additions span resort and city destinations like Bali, Penang, Sydney, and Frankfurt. For more details on this week's hospitality updates do view the video below #zerinproperties #corporaterealestate #corporatetransactions #estateagency #hotelforsale #hotelinvestment #corenetglobal #apac #southeastasia #hotelinvestment #hotelexpansion #motac #ttourismmalaysia #tourismrecovery #airlines #mice #medicaltourism #sustainability #esg #traveltrends #strategicpartnership https://lnkd.in/gjQmW2wT

Singapore Hotel Association bringing a packed house of SG hoteliers and tech providers for new event Hospitality Exchange, discussing sustainability, productivity and road ahead at the Hilton Singapore Orchard. Efforts by Singapore Tourism Board and authorities in investment, destination diversity and balancing the workforce is more important than ever, as high cost continues to put pressure on hotels profitability. While demand on the books for Q4 looks pretty good y-o-y and visitor arrivals are growing well, margins are visibly tight, both GOPPAR and GOP margins for Singapore hotels are down for August 2024 when comparing to same month in 2023, and to no surprise there is stronger impact on hotels with broader F&B outlet exposure. Our latest STR CoStar Group forecast for 2025 maintains very moderate ADR and Occupancy growth, indicating that the current cost discussion is going nowhere. #str #CoStar #stb #sha #singaporehotels

How many hotels with the same brand should one operate in the same micro neighbourhood? Take Accor who operates 6! Ibis Budget Hotels in Geylang, Singapore district, all within walking distance (20 hectare space)... Likely the most densely operation of any single hotel brand, worldwide.... With APAC region poised to grow 1000s of hotels especially in the economy and midscale segment, I am not sure if positioning such well regarded hotel brand as Ibis (and Ibis Budget) in the red light district of Singapore... The ibis, ibis Styles, ibis budget case is obviously truly unique, but there are many examples whereby hotel management companies operate two different brands of their portfolio in buildings literally next to each other (100s of examples) or even more extraordinary, operate two different brands within the exact same building, expecting the guests to use the same elevators (Holiday Inn Express London Heathrow T4 + Crowne Plaza London Heathrow T4 Hotel) In all of the above cases, I am curious what the best and most optimal price positioning strategy should be for these individual hotels, to optimise the asset for their respective owners. The lack of competition would create a sub optimal situation.... At SpotQuest we don't assume, but we put those hypothesis to the test.... Enrol here to get the series of insights in above (and more market and location) studies.... Link to register: https://lnkd.in/dyUGiNnz #LocationIntelligence Munir Al Sharafi Moustafa Manoon SpotQuest TravelGenius Pte Ltd Sachin Chauhan Thibaut Paquet Tom Meyer

[NEWS] Ascott signs 28 properties across south-east Asia The Ascott Limited (Ascott) has announced 28 new signings year-to-date in south-east Asia, adding more than 3,400 units across its various brands. 🌏🏨 These signings account for over half of Ascott’s global additions this year, expanding its portfolio in the region to over 360 properties across nine countries, including new locations in Indonesia and Malaysia. This marks a major milestone in Ascott’s rapid growth trajectory in the region. Is Ascott leading the future of hospitality in south-east Asia? 🤔 Read the full article HERE > https://lnkd.in/gyjiwZN6 Reading Time: 2 minutes #ascott #hospitality #southeastasia #travel #hotels #realestate #expansion #growth

HOSPITALITY NEWS #790 Miiro to redefine European hospitality with curated boutique stays Created with the self-assured traveller in mind, one who is curious to a new neighbourhood, is keen on learning more about its history, wants to connect with the community and seeks a considered place to stay, allowing them to relax and recharge, comes the newest lifestyle brand, Miiro, from India’s foremost hospitality and aviation conglomerate, InterGlobe Enterprises. Beginning mid-July, InterGlobe will enter the European hospitality market with Miiro, its boutique lifestyle hospitality brand, with the opening of Le Grand Hotel Cayre in Paris, followed by Borneta in Barcelona on August 1, 2024, and Templeton Garden in London in early 2025. According to Neena Gupta, CEO of Miiro Hotels and Executive Director of Group Strategy and International Hospitality at InterGlobe Enterprises, “Miiro is integral to InterGlobe’s diversification strategy into Europe, a premier global tourist hub renowned for its diverse destinations, rich cultural heritage and attractions. This expansion presents a significant opportunity for us to cater to a broader spectrum of travellers.” Since 2018, InterGlobe has strategically acquired 13 hotel properties across several prominent European cities including London, Paris, Barcelona, Vienna, Hamburg, Gstaad, Munich, Amsterdam, Prague and Budapest, alongside one in Melbourne. Of these, three have been converted into Miiro properties. “This is part of our external diversification strategy with a mix of properties under third party brands and independent brands with a view to convert majority of the properties in iconic locations under a new brand from scratch and subsequently grow it with newer properties and markets. Location and iconic buildings have been fundamental in our acquisition strategy and will continue to be so,” she informs. Sources: BW

Contemporary Challenges in Thailand's Hotel Industry Thailand’s hotel sector, a key driver of its economy, is facing new challenges as it adapts to a changing tourism landscape. With guest expectations evolving, hoteliers must embrace digital innovations like AI and contactless services while maintaining the warmth of traditional Thai hospitality. Personalization is key to meeting modern traveller demands. Post-pandemic recovery presents its own difficulties. Many hotels are grappling with financial strain and labour shortages, forcing them to rebuild operations while navigating an unpredictable tourism market. Competing with alternative accommodations like Airbnb is another growing concern, pushing hotels to differentiate through exclusive experiences and premium services. Sustainability is also at the forefront of the industry. Guests increasingly seek eco-friendly stays, urging hotels to adopt greener practices. However, implementing sustainable operations often comes at a high cost, particularly for smaller establishments. Revenue management has become more complex as hotels contend with fluctuating occupancy rates and competitive pricing from both traditional rivals and alternative lodging options. Dynamic pricing and advanced data analytics are essential to optimize rates, though many properties struggle to implement such tools effectively. Lastly, rising operational costs, driven by energy prices and wage increases, add additional pressure on hoteliers to find cost-efficient solutions without sacrificing service quality. Adapting to these challenges through innovation, sustainability, and smart revenue strategies will be key for Thailand’s hotels to thrive in this new era of hospitality. #AmazingThailand2025 #ThailandHotelIndustry #HospitalityChallenges #SustainableTourism #RevenueManagement