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expansion


Asia

KKday raises US$70 million for global expansion

Innovative online travel platform KKday announced that it has raised about $70 million in funding, marking a significant milestone in the company’s global expansion strategy. 


Finance

Asia’s first modern prop trading firm expands to Thailand after successful market dominance showcase

MPFunds, Asia’s First Trading Performance Programme, announces its strategic expansion into Thailand, solidifying its position as the leading modern prop trading firm in Asia.


By the Way

Hyatt and SLH alliance grows at “rapid pace” with 27 new countries

Hyatt and Small Luxury Hotels of the World (SLH) have announced the strengthening of its loyalty alliance, with more than 300 participating SLH hotels globally since launching in November 2018.


Asia

Hyatt to expand luxury portfolio with over 20 new hotels by 2020

Hyatt Hotels Corporation has announced that more than 20 new luxury hotels and resorts are expected to open worldwide by the end of 2020.


Europe

Barceló Hotel Group announces its first hotel in Poland

Spanish hospitality company Barceló Hotel Group has announced its entry into Poland with the opening of a new hotel in Warsaw; set to launch in the capital city’s Powiśle neighbourhood in 2021.


Asia

Hyatt: “The Middle East is seeing a rising demand for lifestyle hotels”

Hyatt has announced the growth of its lifestyle hotels across the Middle East by adding more than 1,300 keys to the region, bringing the number of Hyatt lifestyle hotels to seven by 2023.


Corporate & Business

MagicStay accelerates growth securing EUR 1.5 million investment

B2B alternative accommodations rental platform for business tourism recently earned EUR 1.5 million (US$1.86 million) in its latest fundraiser.


Asia

Hilton achieves landmark performance in APAC region

In 2017, Hilton achieved breakthrough growth and expansion in the Asia Pacific region with 40 new hotels opened. It now has a total of 220 hotels in operation with 415 still in the pipeline.