{"id":23213,"date":"2025-11-17T08:30:48","date_gmt":"2025-11-16T23:30:48","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&#038;p=23213"},"modified":"2025-11-16T11:28:33","modified_gmt":"2025-11-16T02:28:33","slug":"lobin-weekly-update-018","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-018\/","title":{"rendered":"Lodging Market Weekly Update 018"},"content":{"rendered":"<style>li {margin-bottom: 10px;}<\/style>\n<p>2025\/11\/02 &#8211; 2025\/11\/16<\/p>\n<h6>Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.thebell.co.kr\/free\/content\/ArticleView.asp?key=202511062303309360105056\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Josun Hotels &amp; Resorts to Add Five New Hotels by 2030<\/strong><\/a>: Josun Hotels &amp; Resorts has announced a plan to expand from its current portfolio of nine hotels to a 14-hotel system by 2030. The company will add five new properties in key development areas such as Cheongna in Incheon and Yuseong in Daejeon through management contracts. Notably, this marks a strategic shift toward aggressive expansion by positioning the management-contract business as a new growth pillar after no new openings since 2022. <\/li>\n<li><a href=\"https:\/\/www.thebell.co.kr\/free\/content\/ArticleView.asp?key=202511111446170720105217\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Lotte Issues KRW 130 Billion Long-Term CP<\/strong><\/a>: On November 11, Hotel Lotte issued long-term commercial paper totaling KRW 130 billion at a 3% interest rate, maturing on November 11, 2027. The company aims to gradually refinance its KRW 160 billion public bond maturing in January 2027, thereby reducing market-based refinancing pressure while enhancing funding flexibility. <\/li>\n<li><a href=\"https:\/\/dashboard.lobin.co\/en\" target=\"_blank\" rel=\"nofollow noopener\"><strong>2025 Korea Lodging Market Monthly Update<\/strong><\/a>: The nationwide lodging market performance is expected to record an average OCC up by +3.2% pts, ADR up by +9.8%, and RevPAR up by +15.2% compared to 2024. (Estimated as at the end of September 2025) <\/li>\n<\/ul>\n<h6>APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4129689.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Thailand\u2019s CG Capital to Develop Five New Hotels<\/strong><\/a>: Thailand-based CG Capital will invest over THB 5 billion to develop five new hotels\u2014four in Phuket and one in Koh Samui. Since its launch in 2024 with a capital base of THB 10 billion, the company has already deployed THB 8.5 billion across seven projects and is simultaneously expanding into high-end mixed-use developments, including InterContinental Residences Bangkok Asoke. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/news\/4129727.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>China\u2019s Hotel Development Pipeline Exceeds 650,000 Rooms<\/strong><\/a>: As of the end of Q3 2025, China\u2019s hotel development pipeline totals 3,695 projects with 656,873 rooms. Within this year alone, 1,059 new hotels with 152,688 rooms are expected to open. An additional 978 hotels are projected for 2026 and 739 more for 2027, indicating sustained supply growth in the medium to long term. <\/li>\n<\/ul>\n<h6>Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/commercialobserver.com\/2025\/11\/mcsam-hotel-group-538-west-58th-street-66m-cmbs-loan\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Fairfield Inn &amp; Suites Manhattan, CMBS Refinancing<\/strong><\/a>: McSam Hotel Group, owner of the 224-room Fairfield Inn &amp; Suites located on West 58th Street in Manhattan, secured a USD 65.5 million CMBS loan from Citibank. The proceeds will be used to refinance existing debt and support capital expenditures, including guestroom upgrades and renovations to public areas. <\/li>\n<li><a href=\"https:\/\/commercialobserver.com\/2025\/11\/aeg-downtown-la-hotel-mixed-use-plan\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>AEG Revives Mixed-Use Development Including Hotel in Downtown LA<\/strong><\/a>: Entertainment and sports company AEG is reviving its mixed-use development plan aligned with the expansion of the LA Convention Center. The project includes a 334-room hotel, 365 residential units, and additional entertainment and commercial facilities. The long-term strategy aims to capture convention demand and maximize event-related revenue synergies. <\/li>\n<\/ul>\n<h6>Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013591\/nh-collection-paris-ponthieu-champs-alysaes-the-new-boutique-hotel-in-paris-that-celebrates-the-french-art-of-living-in-the-heart-of-the-golden-triangle.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>NH Collection Paris Ponthieu Champs-\u00c9lys\u00e9es Opens<\/strong><\/a>: NH Hotel Group opened the 130-room NH Collection Paris Ponthieu Champs-\u00c9lys\u00e9es on November 13 in a prime Golden Triangle location near the Champs-\u00c9lys\u00e9es. The property targets upscale business and leisure demand by emphasizing F&amp;B offerings such as a rooftop and restaurant, along with high-end interior design. <\/li>\n<li><a href=\"https:\/\/www.hospitalitynet.org\/announcement\/41013576\/hotel-indigo-london-k-west-shepherds-bush.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Indigo London K West Shepherd\u2019s Bush to Reopen in 2026<\/strong><\/a>: Formerly operated as the K West Hotel, the Shepherd\u2019s Bush property in London will reopen in February 2026 as the 231-room Hotel Indigo London K West Shepherd\u2019s Bush following a full repositioning. By introducing IHG\u2019s Indigo brand and renovating guestrooms and public areas, the project aims to enhance RevPAR performance. <\/li>\n<\/ul>\n\t\t<div data-elementor-type=\"section\" data-elementor-id=\"22788\" class=\"elementor elementor-22788 elementor-22771\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-685e57f e-con-full e-flex e-con e-parent\" data-id=\"685e57f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b60e79 elementor-widget elementor-widget-wpforms\" data-id=\"8b60e79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpforms.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpforms-container wpforms-render-modern\" id=\"wpforms-22767\"><form id=\"wpforms-form-22767\" class=\"wpforms-validate wpforms-form wpforms-ajax-form\" data-formid=\"22767\" method=\"post\" enctype=\"multipart\/form-data\" action=\"\/en\/wp-json\/wp\/v2\/article\/23213\" data-token=\"00a8e69abdb5120972acace7c492e0de\" data-token-time=\"1776770624\"><noscript class=\"wpforms-error-noscript\">Please enable JavaScript in your browser to complete this form.<\/noscript><div id=\"wpforms-error-noscript\" style=\"display: none;\">Please enable JavaScript in your browser to complete this form.<\/div><div class=\"wpforms-field-container\">\t\t<div id=\"wpforms-22767-field_5-container\"\n\t\t\tclass=\"wpforms-field wpforms-field-text\"\n\t\t\tdata-field-type=\"text\"\n\t\t\tdata-field-id=\"5\"\n\t\t\t>\n\t\t\t<label class=\"wpforms-field-label\" for=\"wpforms-22767-field_5\" >Name Email Layout<\/label>\n\t\t\t<input type=\"text\" id=\"wpforms-22767-field_5\" class=\"wpforms-field-medium\" name=\"wpforms[fields][5]\" >\n\t\t<\/div>\n\t\t<div id=\"wpforms-22767-field_1-container\" class=\"wpforms-field wpforms-field-content\" data-field-id=\"1\"><div id=\"wpforms-22767-field_1\" class=\"wpforms-field-large wpforms-field-row\" aria-errormessage=\"wpforms-22767-field_1-error\"><h4>Sign Up for the Lodging Market Weekly Update!<\/h4>\n<p>The email and name submitted will be used only for sending the newsletter, and you can cancel your subscription at any time using the unsubscribe link in the newsletter.<\/p>\n<div class=\"wpforms-field-content-display-frontend-clear\"><\/div><\/div><\/div><div id=\"wpforms-22767-field_2-container\" class=\"wpforms-field wpforms-field-layout\" data-field-id=\"2\"><div class=\"wpforms-field-layout-rows wpforms-field-large\"><div class=\"wpforms-layout-row\"><div class=\"wpforms-layout-column wpforms-layout-column-50\"><div id=\"wpforms-22767-field_3-container\" class=\"wpforms-field wpforms-field-email\" data-field-id=\"3\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-22767-field_3\" aria-hidden=\"false\">Email <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"email\" id=\"wpforms-22767-field_3\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][3]\" placeholder=\"example@example.com\" spellcheck=\"false\" aria-errormessage=\"wpforms-22767-field_3-error\" required><\/div><\/div><div class=\"wpforms-layout-column wpforms-layout-column-50\"><div id=\"wpforms-22767-field_4-container\" class=\"wpforms-field wpforms-field-name\" data-field-id=\"4\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-22767-field_4\" aria-hidden=\"false\">Name <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"text\" id=\"wpforms-22767-field_4\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][4]\" placeholder=\"John Doe\" aria-errormessage=\"wpforms-22767-field_4-error\" required><\/div><\/div><\/div><\/div><\/div><script>\n\t\t\t\t( function() {\n\t\t\t\t\tconst style = document.createElement( 'style' );\n\t\t\t\t\tstyle.appendChild( document.createTextNode( '#wpforms-22767-field_5-container { position: absolute !important; 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2025\/11\/16 Korea Josun Hotels &amp; Resorts to Add Five New Hotels by 2030: Josun Hotels &amp; Resorts has announced a plan to expand from its current portfolio of nine hotels to a 14-hotel system by 2030. The company will add five new properties in key development areas such as Cheongna in Incheon and [&hellip;]<\/p>\n","protected":false},"featured_media":22813,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"tags":[127,88,128],"class_list":["post-23213","article","type-article","status-publish","has-post-thumbnail","hentry","tag-global-en","tag-lodging-market-en","tag-newsletter-en"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article\/23213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/types\/article"}],"replies":[{"embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/comments?post=23213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/media\/22813"}],"wp:attachment":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/media?parent=23213"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=23213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}