WiT Singapore explores hotel industry business models and AI transformation

On November 13, 2026, Web in Travel reported that at the WiT Singapore event held in Singapore, two conversations presented different facets of the Asian hotel industry. Hotel101 Global CEO Hannah Yulo-Luccini introduced its "one room globally" model: a 680-room hotel in Madrid directly employs only 30 people, and owners pool and share 30% of total room revenue per property. The report mentioned that the conversation also involved Ascott, but did not provide further details.