Wednesday, July 19, 2023

Oyo Enters Premium Resorts Category With New Brand

  • China’s summer resort tourism market reaches 1.2-1.5 trillion yuan as residents seek refuge from heat waves.
  • The Philippines Bureau of Immigration expects a 20% increase in tourist visa extensions with the launch of its electronic services platform.
  • SC Capital Partners acquires a portfolio of 27 resort hotels in Japan, focusing on revenue increase and refurbishment works.

The China Tourism Academy released a report saying China’s summer resort tourism and related markets have reached 1.2 trillion yuan (US$168.26 billion) to 1.5 trillion yuan in value. With the heat wave in many cities in China, residents are escaping by traveling to cities with abundant summer tourism resources. The Ministry of Culture and Tourism said that in […]