Bali

Sri Lanka aims to attract three million tourists in 2024, with new hotel developments and significant growth in Indian visitors leading the way.

Kyoto plans to introduce Japan's highest accommodation tax—up to 10,000 yen per night—by 2026 to curb overtourism and potentially double its annual revenue.

Vietnam welcomed over 17.5 million international visitors in 2024, a 39.5% increase from 2023, with South Korea and China as top sources.

Hotel room rates in India are expected to rise significantly in 2025 due to strong travel demand, limited new supply, and inflationary pressures, with predictions ranging from a 7% to 15% increase across segments.

OYO has acquired G6 Hospitality from Blackstone and will focus on growing and enhancing the Motel 6 and Studio 6 brands through technology integration, property upgrades, and expanded distribution, while maintaining existing agreements and leadership changes.

Phuket and Bali are experiencing tourism growth with record hotel rates but face infrastructure challenges and have yet to return to pre-COVID arrival levels.

Singapore hotels maintain high occupancy rates despite rising costs, smaller room sizes, and surging prices, with future growth expected to slow due to limited new supply.

Minor International plans to reduce $7 billion in liabilities by launching a real estate investment trust, while expanding its global hospitality portfolio, including new ventures in Japan and Singapore.

Thailand aims to invest $2.86 billion to double passenger capacity at six major airports to 246.5 million by 2032 to support tourism growth.

Wyndham Hotels & Resorts, the largest U.S.-based hotel company in China, has signed nearly 600 franchise agreements and opened almost 300 hotels in China over five years.