Bangkok

The World Travel & Tourism Council is predicting it will be a year before the world’s tourist hotspots see a massive return of Chinese visitors. The WTTC said difficulties in getting visas and passports are one key bottleneck. The WTTC predicts that Chinese cross-border travel could return to pre-pandemic levels by the end of 2024 and steadily grow […]

STR reported China hotel data for the week ended September 9th. China hotel RevPAR was up 58.1% year-over-year, up against a decline of -12.3% in the year-ago week. Compared with the same week in 2019, RevPAR was up 10.3%. The Hong Kong Tourism Board said HK recorded preliminary visitor arrivals of about 4.1 million in August, representing […]

Singapore visitation in August was down by -7.8% from July. The Singapore Tourism Board said they recorded 1.31 million visitor arrivals in August. That takes the eight-month total to 9.01 million, still nearly -30% lower than the same period of 2019. August showed 214,490 arrivals from mainland China, the second consecutive month they were the largest single […]

In the Q2 2023 Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics, analysts state that the region is at an all-time project high of 1,936 with 401,766 rooms in the total pipeline at the quarter’s close. The Asia Pacific region, excluding China, had 172 hotel projects/26,748 rooms open in the first half of the year, […]

Bloomberg reported on the boom in hotel investment in Japan. We recently reported on the appetite Blackstone has for Japanese real estate, particularly hotels. The Bloomberg article expanded on that, saying foreign investors, including Goldman Sachs Group, KKR & Co, and Blackstone, have spent a combined $2 billion on hotel deals in Japan so far this year, the most compared […]

VN Express said the hospitality market in Ho Chi Minh City remained gloomy in the first half of the year due to a slow recovery rate of international tourist arrivals. According to Savills Vietnam, the hotel occupancy rates in the first half of 2023 stood at 64%, 92% of pre-pandemic levels. HCMC welcomed 18 million visitors. In the second quarter, occupancy […]

Accor Pacific announced that its partners have invested more than $300 million in hotel renovations and refurbishments since the beginning of 2022. Extensive renovations and refurbishments have occurred in various locations throughout the Pacific region, including Australia, New Zealand, Fiji, and French Polynesia. The investment aims to enhance guest satisfaction, elevate property amenities and ensure Accor’s 400 hotels, apartments, […]

STR reported China hotel data for the week ended July 8. Hotel RevPAR in China was up 41.5% for the week, up against a very easy -13.9% year over year comparison. When compared with the same week in 2019, China Hotel RevPAR was up 8.8%. InterContinental Shenzhen WECC opened its doors on July 1, 2023, located just […]

Cambodia’s international airports in Phnom Penh, Siem Reap and Sihanoukville welcomed a combined 2.48 million passengers in the first six months of 2023, representing a 270% year on year increase. The State Secretariat of Civil Aviation said the airports combined on an average of 404 flight movements per week with Phnom Penh the busiest with 602 […]

Radisson Hotel Group told the media they will open more premium and luxury hotels in Thailand over the next five years, taking advantage of a rapidly recovering tourism industry there. Radisson plans to open 12 to 15 hotels each year in Thailand, Cambodia, Laos and Vietnam. 70% of them will open in Thailand with the remaining 30% spread across the three […]

Philippines president Ferdinand Marcos Jr said he is aiming to transform the country into a tourism powerhouse in the coming year, unveiling a new tourism slogan “Love the Philippines”. The nation embarked on a five-year plan to boost visitor numbers and experiences across the country. International tourist arrivals so far this year have reached over 2.02 million with […]

STR reported China hotel data for the week ended June 17. China Hotel RevPAR was up 59.8% year over year, up against a -14.3% comp decline. When compared to the same week in 2019, China Hotel RevPAR was down -3.2%. The Ascott Ltd., lodging division of CapitaLand Investment Ltd., is set to increase its properties in Malaysia […]