CapitaLand Investment

Hilton plans to double its Indian presence, bringing Waldorf Astoria, Conrad, and LXR brands while DoubleTree remains its largest footprint.

China rates soften while demand rises. Hotel groups expand across Asia-Pacific with new properties in India, China, Australia and Fiji amid mixed tourism trends.

International visitor arrivals, under PATA's medium scenario, to Asia Pacific are projected to reach 813 million by 2027.

Despite a single-day post-Covid high, Macau's Golden Week visitor arrivals are down year-over-year, with Mainland China visitation seeing a significant decline.

OYO plans to add 500 hotels in key religious hubs across India this year, focusing on high-quality accommodations for pilgrims and visitors.

Hilton has opened its 100th Hilton Garden Inn in Greater China and plans to expand into cities like Shanghai, Tianjin, Chengdu, Suzhou, and tourist destinations such as Zhangjiajie and Huangshan by 2025.

Tokyo Tatemono and The Ascott Limited will launch SEN/KA TOKYO, marking The Crest Collection's debut in Japan in 2029, while CapitaLand's strategic investments in Japanese hospitality signal robust growth opportunities.

Minor Hotels Group aims to expand to over 1,000 hotels globally by 2028, focusing on Asia, especially China and India, through an asset-light strategy and franchising.

Melbourne's hotel performance in October surged due to concerts by Olivia Rodrigo and Coldplay, the Melbourne Marathon, and Melbourne Fashion Week, with occupancy, ADR, and RevPAR reaching record highs.

Ascott and Jin Jiang Hotels have formed a joint venture to expand their apartment hotel brands in China, aiming to grow Quest and Tulip LODJ across upscale and midscale segments.