16,000 Keys Across Four Countries. One Guy's Building a Pan-Asian Hotel Empire Most Americans Haven't Noticed.
A Singapore-based investor just quietly assembled a 16,000-key hotel management platform spanning Vietnam, Japan, Indonesia, and Thailand by acquiring a wellness-focused operator out of Ho Chi Minh City. If you think the next wave of consolidation is only happening in the U.S. and Europe, you're not watching the right map.