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Asia-Pacific
Deutsche Hospitality Rebrands as H World
Deutsche Hospitality has undergone a rebranding and is now known as H World International. The strategic move is aimed at bolstering the global expansion efforts of its parent company, H World, -
Asia-Pacific
Hyatt Unveils Tokyo Shibuya Hotel
Hyatt Hotels Corporation announced the opening of Hyatt House Tokyo Shibuya. They reached an agreement with Tokyu Land Corporation earlier in the month for the 126-room hotel which includes 18 suites. -
Asia-Pacific
India’s Hotel Sector to Hit Decade-High for Revenue
The Indian hotel industry is expecting to report a 7-9 percent revenue growth in FY2025 with occupancy likely to be at decade highs. -
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
Vietnam’s Hotel Room Supply Is on the Rise
Savills Vietnam predicts a substantial increase in hotel real estate supply in Vietnam, focusing on Hanoi and Ho Chi Minh City, due to new projects from 2024 to 2026. -
Asia-Pacific
Marriott Debuts Moxy in India
Marriott International had the pleasure of debuting their Moxy Hotels brand in India while also expanding their JW Marriott brand to the city of Surat, Gujarat. -
Asia-Pacific
Sydney Hotels Achieve Record-Breaking Occupancy and Rates
Sydney hotels achieved their highest occupancy levels on New Year’s Eve at 94% followed by 93.8% on December 2nd. There were only two days in the month when occupancy was not above the 60% mark. -
Asia-Pacific
Nomura Predicts Chinese Tourism Level for 2024
Nomura reports that China’s outbound tourism faces significant recovery challenges through 2024-2025, due to eased supply constraints but hampered by economic issues and reduced consumer demand, with a forecasted recovery to 73% of 2019’s travel levels by year-end. -
Asia-Pacific
Ascott to Add 8 Lyf-Branded Properties
CapitaLand Investment’s the Ascott Limited, is adding eight new properties to its lyf brand portfolio. The additions mark Ascott’s expansion into various global city and resort destinations including Bali, Penang, and Sydney. -
Asia-Pacific
Maldives Hotel Bookings Are Victims of Social Media Spat
China’s hotel RevPAR surged 56.1% year-over-year for the week ending December 30th, showing a significant recovery compared to the previous year’s decline. The Maldives experienced a backlash from Indian tourists, with a significant number of hotel booking and flight ticket cancellations, following offensive comments by Maldivian politicians against Indian Prime Minister Narendra Modi. Major hotel groups are announcing new projects and expansions, such as Accor’s partnership to launch Grande Mercure Jaipur Kukas in India, and Oberoi Group’s legal setback in Himachal Pradesh.