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- 1. Red Planet Opens 10th Hotel in Philippines
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Red Planet has opened its tenth hotel in the Philippines. The Red Planet Amorsolo, Makati City, Manila brings the number of Red Planet rooms in the country to 1,720, reinforcing Red Planet as one of the largest international hotel owner/operators in the Philippines.
- 2. Red Planet - A New Hotel Brand is Born
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Red Planet Hotels has rebranded its 24 properties into Red Planet hotels, a new brand specifically created to redefine the value hotel experience. The 24 Red Planet hotels consist of 3,783 rooms in Japan, Thailand, Indonesia, and Philippines. In addition to the existing portfolio, Red Planet has also confirmed that it will open new hotels in Tokyo and Bangkok this year.
- 3. Japan 2020 - Red Planet Unveils Major Japan Expansion for Tune Hotels
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Red Planet Hotels has unveiled details of a multi-billion yen expansion into Japan, with plans to grow Asia's value hotel brand -Tune Hotels - in the country. Through Red Planet Hotels' newly established and JASDAQ-listed subsidiary, Red Planet Japan, the company will make an initial JPY10 billion (US$100 million) investment over the next six years, establishing a platform to grow
- 4. Red Planet Hotels Becomes Third Largest Investor in Tune Hotels
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Red Planet Hotels has invested in a 16.05% stake in the rapidly expanding Tune Hotels operation as both companies seek to grow the booming low cost hotel brand. The deal cements Red Planet Hotels – who is a major franchisee of the brand across South-East Asia – as the third largest investor in Tune Hotels with 9,975,038 shares, providing further value to Red Planet Hotel’s sharehol
- 5. Red Planet Sells Hotel in Japan; Retains Management Rights
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A joint venture between JASDAQ-listed hotel operator Red Planet Japan and GreenOak Investment Management K.K. has entered into a contract to sell a Red Planet hotel currently under construction in Hiroshima, Japan to AXA Investment Managers - Real Assets for JPY4.6 billion. Red Planet shall operate the 160-room hotel upon completion of construction in August 2020.
- 6. Red Planet Opens Surawong Hotel in Bangkok, Thailand
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Red Planet Hotels has expanded its portfolio of value hotels in the region with the opening of the 201-room Red Planet Surawong hotel in Bangkok, Thailand. Red Planet Surawong is a 10-minute walk from the Bangkok Transit System (Skytrain) Chong Nonsi and Sala Daeng stations, and a 15-minute walk from Mass Rapid Transport (Subway) Silom Station.
- 7. Tune Hotels’ 2020 Japan Vision - Interview with Red Planet CEO - Tim Hansing
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Red Planet Hotels made a major announcement last week concerning the hotel industry in Japan. On 16 January 2014, Tim Hansing, CEO of Red Planet Hotels Limited unveiled the company's 2020 Vision for Japan. In this exclusive HD video interview, you will learn what the relationship is between Red Planet Hotels and Tune Hotels, where the 20 Tune Hotels will be located in Japan and whe
- 8. Red Planet Boost for Tune Hotels in Asia
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Red Planet Boost for Tune Hotels in Asia. The number of rooms emerging Asian hotel investment company, Red Planet Hotels, has under construction surged past 1,000 this week, fuelled by the injection of fresh investment capital. Red Planet Hotels Chief Executive Officer, Tim Hansing, said the company is developing a portfolio of Tune hotels in China, Indonesia, the Philippines, Thai
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