W Hotels Worldwide announces Asia expansion plans

On the heels of W Hotel openings in Singapore and Bangkok, W Hotels Worldwide plans to more than double its Asian presence by the end of 2018 to offer 20 W hotels and retreats in nine countries in the region. More than half of the W brand's global pipeline is slated for Asia Pacific, including the first W Hotel in mainland China, opening in Guangzhou later this month, followed by other China openings in Beijing, Shanghai, Changsha and Suzhou over the next five years. Additional W Hotels have been announced in India, Indonesia and Malaysia.

The W brand first entered Asia in 2004 with the opening of W Seoul - Walkerhill. Since then, W Hotels has widened its presence in the region with eight hotels and retreats in seven countries, including properties in Thailand, Singapore, Indonesia, Taiwan, Maldives and Hong Kong.

W Hotels will open 11 new properties in the Asia Pacific region by 2018. These include: W Guangzhou Hotel & Residences, W Beijing - Chang'an, W Changsha, W Shanghai - The Bund and W Retreat & Spa Goa.

Also opening are: W Mumbai, W Noida - Delhi NCR, W Jakarta, W Kuala Lumpur, W Delhi NCR - Gurgaon WTC and W Suzhou.

Suggested Articles

Led by industry veteran Gary A. DeLapp, it plans to launch 12 newly constructed hotels in 2020 and an additional 30 locations in 2021.

HVS Brokerage & Advisory, Milmark Hotel/Motel Investments and Marcus & Millichap arranged sales in Texas, Wisconsin and Florida.

The Reuben Brothers have acquired La Residence hotel in Kalafatis Bay, Mykonos, Greece, for an undisclosed fee.