Anantara Siam Bangkok Hotel has completed a comprehensive USD 50 million transformation to modernise the luxury property while preserving its rich Thai heritage. Originally opened in 1983, the landmark hotel renovated all 335 guestrooms, suites, and villas, upgraded event spaces, and expanded its wellness facilities. The project introduced new private pool suites and a refreshed Jim Thompson Explorer Suite.
Saudi Arabia's Public Investment Fund has established the Gulf Coast Development Company to build a major coastal scheme in Al-Khafji. Spanning 20 square kilometres with a 10-kilometre waterfront, the site will feature 16,000 homes, 1,400 hotel rooms and dedicated marinas. The initial phase will deliver three neighbourhoods by 2030 in partnership with private sector investors.
Sun Hospitality & Entertainment has upgraded its strategic partnership with booking platform Klook to drive digital transformation across Vietnam's tourism sector. Signed during the Kreatorverse Summit 2026 in Phu Quoc, the agreement focuses on applying artificial intelligence, customer data and next-generation technologies to personalise travel experiences. The initiative targets key international markets to capture rising global demand for Vietnamese destinations.
Accor and Al Qimmah Hospitality have expanded their strategic agreement to build a joint portfolio exceeding 4,000 rooms in Saudi Arabia. The growth is marked by the signing of an 850-key Novotel property in Makkah, scheduled to open in 2030. The wider initiative spans five properties across Makkah, Madinah and Jeddah, supporting religious tourism infrastructure and domestic employment targets under Saudi Vision 2030.
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