India International Visitor Spending Hits Record High
International tourism revenue in India soared to $36.8 billion in 2024, marking a 9% increase above pre-pandemic levels.
Pontiac Land Group
KSL Capital Partners Takes Majority Stake in Soneva
Small private equity firm KSL Capital Partners took a majority interest in sustainable luxury hotel brand Soneva.
China Pushes Back at Outbound Tourism Restrictions
China’s Foreign Ministry spokeswoman told the media that many foreign nations had responded warmly to the country’s newly relaxed Covid-19 regulations.
The Macau government said that, as of this Sunday, they will officially end all quarantine requirements for all nationalities entering Macau.
Vietnam said its tourism sector raked in about US$408.3 million in revenue during the three-day 2023 New Year holiday .
Maldives’ Outlook Downgraded Despite Tourism Recovery
Fitch Ratings revised the Maldives’ outlook to Negative from Stable while affirming its Long Term Currency Issuer Default Rating at B-.
Hilton announced plans to expand the presence of Conrad Hotels & Resorts through Conrad Singapore Orchard .
Singapore’s Far East Organization is planning to develop a new hotel in Sydney’s Rocks district , with a proposal to redevelop the Clocktower Square with a luxury new property.