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Asia-Pacific
Six Senses Opens Its First Property in Japan
Six Senses Kyoto, the brand’s first urban hotel in Japan, has opened in Kyoto’s Higashiyama district, featuring 81 rooms and suites, a spa with unique treatments, and diverse dining options. -
Asia-Pacific
Four New 5-Star Hotels for Bangladesh
China’s hotel industry shows strong recovery with a significant increase in RevPAR, benefiting companies like STR and driving pent-up travel demand, particularly from Chinese tourists. Major developments in the hospitality sector are underway in various locations, including Thane (Maharashtra) where Oberoi Realty plans to develop a luxury hotel managed by Marriott International or Hyatt, and Dhaka (Bangladesh) with multiple new five-star hotels expected to open in the coming years. Hotel projects and expansions are also taking place in Nagoya (Japan), Tokyo’s Shinjuku area, San Fernando (Pampanga, Philippines), and Nha Trang (Vietnam), indicating growth and investments in these respective regions. -
Asia-Pacific
Oyo May Have Turned Cash-Flow Positive
How high will be too high for May Day Golden Week in China as reports continue to pour in about terrific business, soaring room rates, and enormous train ridership. The Macau Government Tourism Office said they were predicting 70,000 visitors a day during the holiday period. Oyo said it turned cash flow positive in the fourth quarter of FY2023 in an internal note to employees . -
Asia-Pacific
Debut of Aman’s Sister Brand Janu
Savills Vietnam issued a report saying despite improvements in 2022, occupancy and room rates in Ho Chi Minh City have yet to recover to pre-pandemic levels . Thai hotel operators are ramping up plans to expand investment at home and abroad according to Nikkei. The huge fire in Hong Kong Thursday night into Friday which received so much attention was the 48 story luxury Kimpton Hong Kong hotel that is under construction in Tsim Sha Tsui .