InterContinental Penang Resort will open in December 2026 in Teluk Bahang with 348 rooms, marking InterContinental’s first resort in Malaysia. The property revives the former Penang Mutiara Beach Resort, closed since 2006.
Braemar Hotels terminated its advisory agreement and converted to a self-managed REIT as of November 10, 2026. The change took place in early November 2026.
China expanded visa-free travel programs and integrated digital payment solutions in 2026. These measures aim to support the recovery and growth of China's international tourism sector.