China's hotel industry saw mixed performance during the Spring Festival, with some cities thriving despite an overall RevPAR decline, while Japan stood out among overseas destinations.
December 2024 saw strong RevPAR growth across Asia Pacific, with Vietnam, Japan, Thailand, and India leading the region, signaling a positive trend for 2025.
Visitor arrivals to the Philippines increased in January, with South Korea remaining the top source despite a decline, while Cambodia expects more Chinese tourists in 2025.
The ALIS Conference reflected cautious optimism about the hotel industry's future, with hopes for policy changes, modest RevPAR growth, transaction market challenges, and a suggestion that Taylor Swift could boost travel demand.
Minor Hotels plans to exceed 850 properties by 2027, expanding globally with nearly 300 new hotels, a more balanced portfolio, and a focus on key markets like North America, North Asia, and India.
Centara Hotels & Resorts has rebranded its boutique collection as The Centara Collection, featuring unique, one-of-a-kind properties in Thailand and the Maldives, including the newly renamed Machchafushi Island Resort & Spa Maldives.