AP Hospitality Bulletin Asia Pacific - October 2025

AP article: Hotels - going Branded vs Independent?

One of the critical decisions hotel developers and investors have to make is whether to affiliate their property with a brand or go independent. Both bear challenges and opportunities and not every property matches a brand. In this article we discuss the 5 key considerations in the decision making process.. Click the link here to download the article.

Deal Watch.

Jardine Matheson, a Hong Kong based multinational conglomerate, has announced on that the company is taking a move to acquire the remaining 11.96% of publicly traded shares of Mandarin Oriental and privatize the hotel group.

Jardine Matheson will be paying US$ 3.35 per share, which values the hotel group at approximately US$ 4.2billion. The expected completion of the whole deal will be on 28 February 2026.

The group currently operates 43 hotels, 12 residences, and 26 exclusive homes in 27 countries. A notable number of the properties are owned by the group.

‍Transactions that matter.

Daiwa Roynet Hotel Nishi-Shinjuku

• Daiwa House REIT Investment Corporation has announced the  move to acquiring the Daiwa Roynet Hotel Nishi-Shinjuku from Fuyo General Lease Co. for JPY 10.2billion (approx. US$ 68million).
• The deal values the hotel at about JPY 36.4million per room which is being acquired at an 18% discount to its appraised value.

Citadines Central Shinjuku

• After a holding period of 11 years, CapitaLand divested the 206-unit property to Mizuho Leasing.
• The reported cap rate is 3.2%, which compares to a yield of 4.3% in 2014. CapitaLand registered a JPY 17.0billion gain in asset value or a 312.5% increase.