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In 2016, Airbnb revealed that its South African community generated an estimated ZAR2.4 billion (USD177.58 million) to the country's economy, the sum of guest spending and host income.

An affiliate of KSL Capital Partners (KSL) has completed the acquisition of Outrigger Hotels and Resorts, which comprises of all the hotel chain's holdings, including its portfolio of 37 multi-branded hotels, condominiums and vacation resort properties throughout Hawaii and the Asia Pacific - Indian Ocean region.

Concorde Hotel Singapore announced the launch of the brands newly renovated guestrooms, set to enhance the overall guest experience and increase levels of comfort, with revamped bathrooms, wallpapers, lighting fitments and carpets among other upgraded amenities.

As part of the company's reinvention efforts, Marriott International announced the completion of Washington Marriott Georgetown's USD28 million transformation, financed by the property's owner, Geller Capital Partners.

In 2016, Salalah Rotana Resort achieved a 20 percent rise in guest arrivals compared to 2015, attributed to strategic partnership deals with major regional and international tour operators.