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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
Japan Expects Hotel Occupancy Improvement in 2024
Japan’s hotel industry experienced significant growth in 2023, achieving top global tourist destination status, with a rebound in foreign visits and high investment despite not reaching 2019 levels. -
North America
Hotel Job Growth Slows Down
While U.S. unemployment remains below 4%, employment growth has been slowing and hotel job openings have also slowed. Wage growth outpaced inflation, but RevPAR contracted again in January. -
North America
Global Hotel Markets See Average Daily Rate Increases
Hotel growth in February was balanced with 64% of markets showing increased occupancy and 70% achieving a higher ADR than last year. -
Asia-Pacific
Data on the Return of Chinese Outbound Travelers
Chinese travelers flocked to tourist hotspots across Asia over the Lunar New Year break, with visitor numbers and spending in destinations including Singapore, Thailand, and Malaysia exceeding pre-Covid levels. -
Asia-Pacific
Sri Lanka Steals Tourism Share From Maldives
The tensions with the Maldives have Indian tourists diverting to other coastal tourist destinations and Sri Lanka is already reaping the benefits, surpassing Maldives in the number of tourists for the first time. -
Asia-Pacific
Hilton Reports 42% Uptick in Asia-Pacific RevPar for Latest Quarter
Hilton reported a solid earnings report yesterday and said full year APAC RevPAR was up 587% versus 2022. It also said Beijing, Tokyo and Kuala Lumpur were standout markets for them. -
Asia-Pacific
Singapore’s 2023 Tourism Receipts Surpassed Forecast
The Singapore Tourism Board said tourism receipts in 2023 surpassed their forecast. This was driven by key markets such as Indonesia, China and Malaysia, the top three contributors in 2023 with 2.3 million, 1.4 million and 1.1 million visitors respectively. -
North America
Hilton Grand Vacations Completes Acquisition of Bluegreen Vacations
Hilton Grand Vacations Inc. completed the previously disclosed acquisition of Bluegreen Vacations. The transaction broadens HGV’s offerings, customer reach, and sales locations, creating a premier vacation ownership, and experiences company. -
North America
Four Seasons Unveils Expansion of Residential Offerings
Four Seasons will develop the Four Seasons Residences at The Ocean Club in Nassau, Bahamas. This project, set to open in 2027, will include 67 Private Residences with luxurious amenities including an oceanfront pool, private cabanas, a beachfront restaurant, a spa, and more.