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Raffles Hotels & Resorts has signed a new hotel located in Shenzhen, southern China.

 Raffles Shenzhen will open in 2018 occupying the top floors of an 80-storey tower in the new One Shenzhen Bay development.

Developed by Parkland Real Estate Development Co. Ltd, One Shenzhen Bay has a gross floor area of approximately 470,000.

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Swiss-Belhotel has unveiled plans to open ten new hotels in Indonesia by the end of 2013, with 16 more scheduled for 2014.

Swiss-Belhotel International's biggest presence is in Indonesia, where it currently operates 34 hotels - a number which will swell to 60 by the end of 2014.

Swiss-Belhotel International Chairman and President, Mr.

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The Olympic Games in 2020 will be held in Tokyo, Japan, and while an event of such magnitude poses real challenges, the event is likely to have a very positive impact on the Tokyo hotel market.

STR Global has been monitoring hotel performance for the Olympic host cities since Atlanta hosted the Olympic Games.

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