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49. Singapore Airlines Acquires Stake in Data Republic
Singapore Airlines has acquired a minority stake in Australia-founded Data Republic. The stake in Data Republic was acquired through a placement of new shares. A statement of no objection was received recently from the Australian Foreign Investment Review Board for the share purchase.
50. AccorHotels Signs Two Mövenpick Resorts in Vietnam
AccorHotels has signed two new resorts in Vietnam. Slated to open in the fourth quarter of 2021, the opening of Mövenpick Resort Van Phong and Mövenpick Resort & Spa Halong Bay will add 525 rooms to AccorHotels' rapidly growing portfolio in the region.
51. Lockheed Martin and Airbus to Jointly Explore Aerial Refuelling for US Military
Lockheed Martin has signed an agreement with Airbus to jointly explore opportunities to meet the growing demand for aerial refuelling for US defence customers. The companies will seek to provide aerial-refuelling services to address any identified capacity shortfall and to meet requirements for the next generation of tankers capable of operating in the challenging environments of t
52. Red Planet Partners GreenOak for Japan Expansion
Red Planet Japan has formed a joint venture with funds managed by GreenOak Investment Management K.K., the Japanese arm of GreenOak Real Estate, that will develop Red Planet branded hotels in select city centres throughout Japan. GreenOak shall invest up to 5 billion yen in the venture, while RPJ shall invest just over 555 million yen and, with non-recourse debt, the venture shall
53. Hyatt Completes Acquisition of Two Roads Hospitality
Hyatt has completed its acquisition of Two Roads Hospitality. With the addition of five established lifestyle brands - Alila, Destination, Joie de Vivre, Thompson, and tommie - Hyatt has expanded its brand presence into 23 new markets with management and license agreements for 74 open and operating hotels across North America and Asia, and a robust pipeline of signed management agr
54. Over 6,500 People from 20+ Countries Visited Ocean Marina Pattaya Boat Show in Thailand
More than 6,500 people from more than 20 countries visited the Ocean Marina Pattaya Boat Show in Thailand from 29 November - 2 December 2018. At the show, Pan Pacific Motorboats set a new record for the most boats sold onsite by a single exhibitor. Alex Dales, Managing Director, Pan Pacific Motorboats, said,
55. Saab to Upgrade A-SMGCS at Singapore Changi Airport
Saab has been selected by the Civil Aviation Authority of Singapore (CAAS) to deploy its Advanced – Surface Movement Guidance & Control System (A-SMGCS) and latest generation Multilateration System at Singapore Changi Airport.
56. Four Points by Sheraton Opens in Melbourne’s Rejuvenated Docklands Area
A Four Points by Sheraton hotel has opened at the heart of Melbourne’s buzzing Docklands area. Located at 22 Pearl River Road amongst Melbourne’s rejuvenated and popular Docklands, Four Points by Sheraton Melbourne Docklands is part of the much anticipated Marina Tower complex – an urban development project converting 3,795 square metres of prime riverside land into a mixed use res

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