IHG to Debut an InterContinental in Chiang Mai

• China’s travel and tourism sector is projected to grow by 150% to $1.48 trillion by the end of 2023 and contribute over $4 trillion to the economy by 2033, with significant job growth.
• Asset World Public Company Limited partners with IHG to launch the InterContinental Chiang Mai The Mae Ping, part of a larger mixed development project in Thailand.
• NH Hotel brand plans to build a 12-story hotel near Sydney Airport, while Fusion Hotel Group opens HIIVE by Fusion Binh Duong in Vietnam, emphasizing “Workation” tourism.

The World Travel & Tourism Council predicts China’s travel and tourism sector will contribute $1.48 trillion by the end of 2023, marking 150% growth from 2022 when Zero-Covid was still a hope and a prayer. Ten years from now, the WTTC forecasts the sector will contribute over $4 trillion to China’s economy. In 2023, the sector will support […]