Hotels & Accommodations
OYO Adds 150 U.S. Hotels in 2025, Plans Another 150

It has also launched support programs to ease pressure from rising costs, Cuculic and Brad LeBlanc, BWH’s senior vice president and chief development officer, said during an interview at AAHOA’s 2025 Convention and Trade Show. BWH generated $8 billion in revenue in 2023 and operates more than 4,500 hotels in 100 countries and territories, according to its website. Its loyalty program has 53 million members, and Cuculic is optimistic.
“We’re a resilient industry and at BWH Hotels, we’re an optimistic company. We look at challenges as opportunities, and we’ve been meeting as a team,” Cuculic said. “When a challenge presents itself, I think you have to look at how you’re going to react, and if the strategies you put in place are still the strategies you are going to execute, and for us, they are. We see nothing to lead us to change course of our long term strategies, and that includes our investments in technology, marketing and sales.”
LeBlanc said developers should look at the long-term trajectory of the industry. He cited previous challenges, from high oil prices in the 1970s to the 9/11 attacks and COVID.
“We’ve been through a lot. We’ve been through a lot of turbulence and the industry ends up on the other side better than it was,” he said. “Look at a long trend, and the trend doesn’t change. It’s just straight up. People want to travel. It’s demand for lodging, and that’s what we do,
Still, Cuculic said they are “being thoughtful, watching carefully.” At the same time, the company continues to provide support for its owners.
“When headwinds appear, you reassess—but nothing so far suggests a need to shift course,” he said. “We’re focused on the long term: investing in AI, technology, marketing and sales, while integrating those tools across development, revenue management and operations to stay efficient and effective.”
Following a vision
Part of BWH’s planning for the future was to set a target of reaching 5,150 hotels globally in five years. Cuculic said the goal is achievable if you remember that BWH is a global company. It signed 300 deals last year and has more than 200 hotels in the pipeline.
“You don’t just create that kind of a vision,” he said. “You have to drive revenue. You have to drive brand contribution. You have to have a strong loyalty program. That’s how you get there.”
In June, BWH reported that it added nearly 100 new hotels globally in the first half of 2025. Most were in Latin America, the Middle East and Asia Pacific, and in areas following traveler interests and trends like cultural discovery, wellness, and outdoor adventure.
“The first half of 2025 has been nothing short of transformative for BWH Hotels. We’ve not just added hotels; we’ve strategically expanded our footprint, igniting our growth trajectory worldwide. This remarkable achievement is a testament to the unwavering dedication of our partners and hoteliers, who share our vision for unparalleled hospitality,” Cuculic said in a statement.
Cuculic also said the company is seeing growth in markets including North America, India, the Middle East, South America, Europe and Scandinavia. Cuculic said India remains a core opportunity.
“I was just in India. Everybody there is tremendously positive,” he said.
That positivism is driven by the policies of India Prime Minister Narendra Modi, Cuculic said.
“He’s investing in the infrastructure, highways and airports, which allows people to travel. It encourages travel,” he said. “As you’re encouraging travel, based upon that growth of the infrastructure, hotels will follow. So, everyone is very bullish.”
In January, BWH Hotels announced plans to expand WorldHotels into India, Bangladesh, and Sri Lanka. The company, which acquired WorldHotels in 2019, is now present in South Asia through
Sorrel Hospitality, its New Delhi–based master franchisee. Indian media reported that Sorrel will extend operations into Bangladesh and Sri Lanka.
Brand strategy
BWH segmented its brand portfolio to match developer needs across different regions and cycles. Its brands cover extended stay with @Home, Executive Residency and SureStay Studio; boutique and upscale: Aiden and Sadie; economy: SureStay; and soft branding: WorldHotels.
LeBlanc also said clarity in brand positioning is critical for development traction.
“You have to have a brand that meets developers where they are in their development appetite,” he said. “I would say that BWH is an organization that, over the last five to 10 years, has done a really good job putting its swim lanes in place as it built a brand family.”
During BWH’s owners’ conference last year, LeBlanc said extended‑stay brands ruled the pipeline. That hasn’t changed, he says now, with strong interest by the company’s franchisees.
“When the capital markets improve, and they will, extended stay is going to be on the front side of that line,” he said.
The company is focusing on extended stay in sectors such as healthcare, workforce housing and energy. Cuculic said the healthcare industry has a growing need for hotels to house traveling medical professionals.
“As we have an aging population, health care needs are expanding, and extended stay near health facilities are huge opportunity,” Cuculic said. “That’s where people need us, and I’m using that term need us because it’s almost humanitarian to have a long term, extended stay, term hotel near those kinds of facilities.”
LeBlanc said other industries with itinerate work forces support extended stay.
“I love the oil and gas business,” he said. “I absolutely love the world of energy, and as energy plugs into what I think it will in the next four or seven years, extended stay will be again at the forefront of that development.”
The company is also expanding into outdoor lodging. Zion Wildflower Resort in Zion National Park, Utah, its first glamping project, launched with strong presale performance. Leblanc said Tony Nelson, Wildflower’s managing partner, was pleased with the presale season.
“He, by all means, is smiling ear to ear,” he said. “When we plugged him into this $9 billion reservation system that we have, he doesn’t need much of that to be a big success. He was already a minimum of 50 percent occupancy.”
A second property, Pico Bonito Lodge, has been signed in Honduras.
“It’s upscale, it’s luxury. They’re actually renovating to even make it more upscale,” LeBlanc said. “It’s going to be a neat opportunity for us to walk into what I call outdoor hospitality. I’m a believer that outdoor hospitality is going to be a big piece of our business in the future.”
‘Tariff impact limited so far’
Both executives said the company is monitoring the impact of tariffs and material costs on hotel development. So far, they do not see any major disruption.
“It’s those projects that are entering the construction mode that are having to step back and go, ‘All right, what’s my lumber look like? What’s my sheetrock look like, what’s my metal look like, what’s my wood look like? And so, that’s left to be seen.”
Cuculic said BWH continues to take a “cautiously optimistic” view.
Hotels & Accommodations
IHG and LCK Hospitality Partner to Open a New Luxury Vignette Collection Hotel in Ho Chi Minh City, Enhancing Vietnam’s Tourism Offerings

Thursday, August 7, 2025
Author: TTW News Desk
IHG Hotels & Resorts has partnered with LCK Hospitality Company Limited to develop a novel new Vignet Collection Hotel located in Ho Chi Minh City, Vietnam, boosting the region’s hospitality sector. This is a landmark hotel both for the grouping of IHG and LCK, as it is Vietnam’s first Vignette Collection Hotel, strengthening IHG’s strategic goals of expansion into the luxury hospitality market in Southeast Asia. IHG customers, both domestic and international, will experience Vietnam’s abundant culture and history while receiving premier hospitality.
Strengthening IHG’s Presence in Vietnam
With IHG’s new hotel opening in Ho Chi Minh City, the company seeks to take advantage of the booming Vietnamese tourism industry. IHG already has 20 hotels operating in the country, with an additional 22 under development, enabling IHG to rapidly increase its luxury offerings to cater to the Vietnamese high-end tourism market. The Vignette Collection is perfect for The Vignette Collection. It is a diverse country with a rich culture and a lot of places to visit. The luxury boutique hotel caters to high class tourists and offers a blend of rich culture with soothing lodgings.
Collaboration with LCK Hospitality, a well-known family firm with deep-rooted knowledge in Vietnam’s culture and hospitality, propels IHG to design a hotel that combines the company’s global expertise with local elements. LCK’s reputation in curating hotels ensures that the newly proposed Vignette Collection hotel in Ho Chi Minh City will celebrate the culture of the area. Thus, the hotel will provide a lavish, local experience for tourists.
Key Advantages of the Partnership
This partnership creates multiple strategic advantages for both parties. With IHG, the partnership with LCK Hospitality allows the company to gain local know-how and market intelligence from the LCK side. LCK’s strong presence in Vietnam gives the company an advantage in executing culturally relevant design concepts. With LCK Hospitality, this partnership facilitates the company to gain tremendous value from IHG’s global network and resources, thereby significantly enhancing the ability to provide world-class hospitality while retaining local uniqueness to each hotel.
Experience with art dealerships allows LCK to design the new Vignette Collection hotel with an outstanding local artistic style. Concentrating on art and culture allows the hotel to compete strongly in the overpopulated hotel market and allows guests to enjoy something that cannot be found anywhere else.
A Look at the Hotel’s Location and Amenities
The Vignette Collection hotel will be uniquely placed within the central precinct of Ho Chi Minh City, providing easy access for visitors interested in navigating the city’s popular attractions. The hotel is only a short drive from Tan Son Nhat International Airport and will be a short walk away from the main cultural sites which include the Saigon Notre-Dame Basilica, Ben Thanh Market, Independence Palace, and the Saigon Opera House. The listed attractions are some of the most visited in the city and will grant visitors easy access to the entirety of what Ho Chi Minh City has to offer.
As for the hotel’s amenities, while specific details have yet to be disclosed, properties within the Vignette Collection typically offer a range of luxury services, including:
- Exclusive Accommodations: Guests can expect 52 elegantly designed rooms, combining modern comforts with local cultural elements to provide a unique and immersive stay.
- Dining Options: The hotel will likely feature upscale dining venues offering both international and local cuisines, providing guests with a diverse culinary experience.
- Wellness Facilities: A fitness center, spa, and other wellness services will be available to guests, allowing them to relax and rejuvenate after a day of sightseeing or business meetings.
- Event Spaces: The hotel will include flexible meeting and event spaces, catering to corporate guests and those planning special occasions such as weddings or private events.
- Cultural Experiences: Given the focus on art and culture, the hotel will offer curated experiences that showcase the rich heritage of Ho Chi Minh City, allowing guests to engage with the local art scene.
Luxury Focus for Discerning Travelers
The Vignette Collection brand truly enhances hospitality with the luxury of place, truly immersing travelers in the experience. Both leisure and business travelers will be taken care of with local sophistication and flavors of Ho Chi Minh City. Vignette Collection Hotel guests will enjoy meticulously crafted luxury and attention to detail during business and leisure meetings.
Every detail of the hotel contributes to the luxury experience, and each part of the hotel contributes to it. IHG’s service excellence paradigm is furthered with personalized attention during the entire stay. Through bespoke concierge, specially tailored cultural programs, and more, The Vignette Collection will hospitality guests wishing to admire the unexpected charms of Vietnam’s largest city.
Expected Opening Date and Future Impact
While the specific date for the launch of the hotel remains unknown, it is expected to commence operations during the peak tourist season towards the year’s end. Given the swiftly advancing tourism industry of Vietnam, the expectant hotel’s launch will greatly contribute in meeting the mounting demand for more lavish accommodations in the capital, Ho Chi Minh City. This property will represent yet another key investment in the ever-expanding IHG portfolio, which also strengthens the city’s reputation as a hub for high-end travelers.
As part of the new Vignette collection, the hotel is to be designed with international standards in mind, assimilating local inspiration aimed towards promoting domestic tourism. As a franchise of IHG, the hotel is expected to bolster international perceptions of Vietnam’s tourism industry by diversifying offerings, thus, solidifying the region’s stature as a luxury travel hub. This alliance between IHG and LCK Hospitality marks the initial steps towards the projected visions of these companies to position Vietnam as a distinguished luxury travel destination within Southeast Asia.
Conclusion
The recently opened Vignette Collection hotel in Ho Chi Minh City marks an important milestone in the growth of Vietnam’s luxury hospitality industry. With the collaboration of IHG and LCK Hospitality, this hotel is set to become Vietnam’s very first luxury hotel that is fully equipped with global-standard facilities alongside a fully authentic local experience. Be it a corporate guest wishing to utilize the business facilities or a tourist wishing to relish the attractions of Vietnam’s cultural core, this hotel boldly and unapologetically promises an unparalleled and exquisite luxury experience.
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