STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.
Marriott CEO Anthony Capuano highlighted the company's strong growth in India, emphasizing local decision-making, expansion into smaller cities, increased female employment, and reducing bureaucratic and travel barriers to boost international tourism.
Visitor arrivals to the Philippines rose by 1% in early 2025, driven by returning overseas Filipinos despite declines in South Korean and Chinese tourists.
Developers in the Philippines are shifting focus to branded residences due to their growing market potential, with luxury villas and larger condos expected to dominate key areas like Bonifacio Global City, Cavite, Bohol, and Palawan.
The majority of projects are concentrated in the upper midscale and upscale segments, which account for 69% of the projects and 65% of the rooms in the pipeline. This focus on mid-to-high-end properties suggests a market shift toward catering to more affluent travelers.
Hilton will increase investment in China, continuing rapid expansion as their fastest-growing international market with 671 hotels and a strong pipeline of new properties.
Marriott International had the pleasure of debuting their Moxy Hotels brand in India while also expanding their JW Marriott brand to the city of Surat, Gujarat.
There are notable expansion and renovations worldwide, including the opening of the Hyatt Place Bodh Gaya in India, the launch of Mondrian Hong Kong, and the extensive refurbishment of Peppers Marysville in Australia's Yarra Valley.
Osaka, Japan, aims to attract 20 million visitors annually with the new MGM Osaka resort.
Mandarin Oriental announces plans for three unique resorts in Setouchi, Japan.
Phuket's hotel market saw strong growth in the first half of 2023, driven by increased flight volumes, with Russia and China as top tourism markets, and higher room rates post-pandemic.
Accor anticipates a surge in hotel conversions due to stricter lending rules, leading to more independent Thai hotel owners seeking franchising, rebranding, or conversion opportunities.
Macau plans to invest in attracting foreign tourists but faces challenges due to airport expansion. Wyndham opens its first Wyndham Grand hotel in South Korea, and S Hotels and Resorts launches SO/Maldives in the CROSSROADS Maldives.