HVS Asia Pacific Hospitality Newsletter – Week Ending 22 August 2025

SBI REIT Advisors Co., Ltd. (“SRA”), the asset manager for Japan-based NIPPON REIT Investment Corporation (“NIPPON REIT”), has announced the acquisition of five properties for an estimated total of JPY17.4 billion. The portfolio includes two hotels, two office buildings, and one urban industrial asset. The hotel assets, 132-key Hotel Resol...

Aleph Hospitality to Manage 338-Room Hotel in Makkah

Aleph Hospitality has entered the Makkah market by signing a hotel management agreement with Diyar Al Khalidiyah Hotel Services Company for the Diyar Al Khalidiya hotel. The hotel, located on Ibrahim Khalil Street near the Great Mosque of Makkah and the Abraj Al-Bait Towers, comprises 338 rooms. This agreement marks...

Tivoli Hotels & Resorts Strengthens Its Presence in Portugal

Tivoli Hotels & Resorts has expanded its presence in Portugal with the opening of Tivoli Estela Golf & Lodges in Póvoa de Varzim, a beach town located 45 minutes north of Porto. The new property, set within an eight-hectare plot, offers 80 wooden lodges surrounded by lush landscaping, pine trees,...

Hyatt Place Whitehorse Opens Its Doors in Canada’s Yukon

The Yukon’s capital city, Whitehorse, welcomes a striking new addition with the opening of Hyatt Place Whitehorse, the brand’s first property in Canada’s North and only the second purpose-built hotel to open in Whitehorse in more than 50 years. Whitehorse is a paradise for outdoor enthusiasts, culture vultures, culinary aficionados...