Dusit International

Industry forecasts suggest India's hotel occupancy will reach 70% this year, with room rates set to to cross the INR 10,000 mark in 2026.

Industry watchers expect Hong Kong to see at least single-digit growth in the number of mainland tourists over the five-day Labour Day Golden Week.

Major hotel chains including Hilton, Hyatt, IHG, and Dusit International are rapidly expanding their presence across Asia Pacific.

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.

Ayala Land Inc. plans to invest over $500 million in expanding its hotel portfolio to 8,000 rooms by 2030, focusing on new developments, international partnerships, and upgrading existing properties.

Singapore’s sovereign wealth fund GIC secured priority rights to acquire three South Korean hotels from DL Group for $413 million.

Dusit International will manage two new Dusit Princess hotels in Northern Mindanao, Philippines, set to open in late 2029 through a partnership with IDC Prime.

Banyan Group is expanding globally with its 100th resort debuting in Singapore, new openings in Tanzania and the Dominican Republic, and record multi-brand growth across Asia, including highlights in Japan.

Italpinas Development Corp is partnering with Dusit Hotels to open Dusit-branded hotels in Mindanao by 2029, while Dusit also announces the soft opening of its first Malaysian hotel in Melaka on December 7.

Marina Bay Sands in Singapore launched a new brand vision, "Above Beyond," as part of a $1.75 billion transformation to elevate its hospitality, including revamped suites, expanded butler services, and upgraded facilities across its three hotel towers.