HO CHI MINH CITY, Vietnam (August , 2026) — Fusion Hotel Group has announced the integration of Ayola and Odua, two established midscale Indonesian hotel brands under Topotels Hotels & Resorts, into its expanding regional portfolio. This strategic move marks a significant milestone in Fusion’s growth across Southeast Asia and reinforces the Group’s commitment to delivering diverse, accessible and guest-centric hospitality experiences.

Topotels operates a collection of seven midscale hotels across key Indonesian cities under the Ayola and Odua brands, offering comfortable, value-driven stays for both business and leisure travelers. The two brands have grown steadily within the Topotels Hotels & Resorts portfolio, serving guests in destinations such as Jakarta, Bandung, Surabaya and other regional hubs.

The addition of Ayola and Odua adds to the strong collection of midscale hotels into the Fusion family, further strengthening the Group’s presence in Indonesia, one of the region’s most dynamic and fast-growing travel markets.

“This integration marks an exciting new chapter for Topotels. Joining Fusion will open new doors for our business, allowing us to deliver a better experience for our guests and provide stronger support for our owners. We’re confident that the integration with Fusion will bring fresh momentum to our hotels and teams,” said Willy Suderes, Chief Operating Officer of Topotels Hotels & Resorts.

Ayola and Odua will continue to operate under their existing brand identities while benefiting from Fusion’s regional expertise, commercial platforms and operational support. Guests can expect enhanced service consistency, stronger distribution and access to Fusion’s growing network of hotels and resorts across Vietnam, Thailand and Indonesia.

“We’re delighted to welcome Topotels into the Fusion family. Their strong roots in Indonesia combined with Fusion’s expertise will unlock new opportunities in key destinations across the country. This partnership strengthens our regional presence and supports our long-term vision for growth across Southeast Asia,” said Christopher Hur, Chief Executive Officer of Fusion Hotel Group.

The integration underscores Fusion Hotel Group’s long-term strategy of expanding its brand portfolio and strengthening its presence in key Southeast Asian destinations through thoughtful partnerships and scalable growth.

Vietnam – , 2026 — Fusion Hotel Group, a leading wellness-inspired hospitality brand and management company based in Ho Chi Minh City, has been acquired by Mr. Suchad Chiaranussati, Founder and Chairman of SC Capital Partners, as well as the owner of Hotel Management Japan (HMJ), one of Japan’s largest hotel operators, and Indonesian hotel operator Topotels Hotels & Resorts (Topotels).

This acquisition marks a significant milestone for Fusion as it embarks on the next phase of growth, drawing upon HMJ and Topotels, and benefiting from SC Capital Partners’ deep sector expertise and established investment management platform.

Christopher Hur, CEO of Fusion Hotel Group, with Suchad Chiaranussati, Founder and Chairman of SC Capital Partners

Founded in 2008, Fusion Hotel Group is a leading wellness-focused hospitality platform with 18 operating properties and approximately 3,000 keys across Vietnam and Thailand, with a secured pipeline of over 2,000 keys. Renowned for its innovative wellness and lifestyle concepts, Fusion provides end-to-end hospitality capabilities, including concept development, brand creation and hotel operations. In addition to hotel management, Fusion has also developed and operated branded residences, a rapidly growing segment in Asia Pacific.

Together, Fusion, HMJ and Topotels will comprise approximately 16,000 keys across four key growth markets, supported by a team of over 100 hospitality professionals, providing a strong pan-Asian offering.

“Investment in Fusion reflects our long-term strategy to expand our hospitality footprint across Asia,” said Suchad Chiaranussati, Chairman and Founder of SC Capital Partners, Owner of HMJ and Topotels Hotels & Resorts. “Fusion offers a meaningful presence in Vietnam—one of the region’s fastest-growing and high-barrier-to-entry hospitality markets. It reinforces our conviction that strong operating platforms are increasingly essential to successful real estate investing. We’re excited to integrate Fusion with our leading teams in Japan and other markets as we build a top-tier pan-Asian hotel management business.”

“Joining Mr. Chiaranussati’s hospitality ecosystem opens up tremendous opportunities for Fusion,” said Christopher Hur, CEO of Fusion Hotel Group. “This partnership allows us to accelerate our growth across Asia, leverage shared focus areas of technology and marketing and distribution, and invest further in brand development and talent—strengthening our mission to deliver exceptional hospitality experiences.”

Hospitality Platforms Led by Mr. Suchad Chiaranussati

SC Capital Partners brings more than 20 years of hospitality investment and asset management experience across Asia Pacific and is the sponsor of Japan Hotel REIT Advisors (JHRA), which manages the largest listed hotel REIT in Japan by hotel value. Through JHRA, the platform oversees 78 hotels comprising more than 22,000 rooms nationwide. Complementing this investment footprint, HMJ is one of Japan’s largest hotel operators, with 26 hotels and over 8,000 keys across 11 prefectures. HMJ operates its own flagship brand, Oriental Hotels & Resorts, and provides white-label management services for leading global hotel companies such as Hilton, Marriott and IHG. The broader platform is further supported by Topotels Hotels & Resorts, an Indonesia-based hotel management company with a growing portfolio across Indonesia.