Goa

Vietnam Prime Minister Pham Minh Chinh instructed his cabinet to relax certain visa requirements in a bid to attract more foreign tourists to the country. Bloomberg said Chinh wants to offer visa waivers to more countries, expand their e-Visa program and allow foreigners to stay for longer. Vietnam is targeting 8 million visitor arrivals in 2023. They attracted 18 […]

STR reported China RevPAR for the week ending 2/18. China hotel RevPAR rose 62.1% year over year, up against a 14% comp. Versus a similar week in 2019, RevPAR was up 8.8%. Fiji’s Deputy Prime Minister and Minister of Tourism announced they have recovered 71% of their tourist numbers since the reopening of their borders. In January, […]

The Philippines Hotel Sales and Marketing Association said hotels in the country remain optimistic of the industry’s performance this year as the average occupancy has already surpassed pre-pandemic levels. For the month of January, hotels were hitting 80% occupancy as compared with 60% to 70% pre-pandemic.  The association attributed the higher occupancy to the strong domestic tourism market, which covers […]

Singapore hotels’ average room rate was up 27.7% in December 2022 from a year ago to a new 14 year high of S$285.84. Tourist arrivals rose to 931,337, the highest since the onset of the pandemic.  Philippines President Ferdinand Marcos has approved a value-added tax refund program for foreign tourists by 2024 to attract more visitors. The government collects […]

UNWTO’s forward-looking scenarios for 2023 suggests global international tourist arrivals could reach 80%-95% of pre-pandemic levels this year, depending on the extent of the economic slowdown, the ongoing recovery of travel in Asia and the Pacific and the evolution of the Russian offensive in Ukraine. UNWTO anticipates a strong year for the sector even in the […]

STR reported China hotel RevPAR for the week ended December 17. Hotel RevPAR was down -1.1% year over year for the week. Compared with the same week in 2019, hotel RevPAR was down -31.7%. Absolute occupancy for the week in China was 50.9%. That compares with 49.5% during the comparable week in 2021. Japan National Tourism Organization said visitor arrivals […]

Colliers is recommending developers in the Philippines line up various hotel projects in order to capture the surge in local and foreign tourists. Dept of Tourism data showed the first 10 months of 2022 recorded 1.9 million arrivals, beating the full year target of 1.7 million. In the first half of 2022, Colliers recorded the delivery of […]

Looking at India’s hotel sector, JLL said contracts in mid-market and budget brands grew 74% between January and September 2022 as compared to the same period in 2019. There management contracts are largely for smaller hotels with about 50 rooms on an average in tier 2 and 3 cities. International operator signings went up 36% from 36 hotels with 4,794 rooms in […]

The rumors about Covid in China have reached epic proportions including 20,000 people testing positive at the Foxconn plant, thousands of holidaymakers locked in Shanghai Disney and more. We can’t tell you what is true, what is fiction but we have always followed a belief that where there is smoke, there is fire and although the […]

Marriott International announced it expects to open 14 additional luxury properties in Asia Pacific by the end of 2023. Marriott currently operates 156 luxury properties in the region. The Ritz-Carlton brand is set to expand in Japan with The Ritz-Carlton, Fukuoka opening in 2023. In Australia, the anticipated opening of The Ritz-Carlton, Melbourne will open in early 2023 […]

A rebound in foreign tourist arrivals into Thailand is pushing up the nation’s hotel occupancy rate from a record low during the pandemic. The Bank of Thailand and the Thai Hotels Association released a joint survey of 106 hotels. The survey found the average room occupancy at Thai hotels was 48% in August, up from 46% […]

Hyatt Hotels Corp announced plans for its continued growth in the Asia Pacific market. They unveiled a robust pipeline of landmark luxury and lifestyle hotels and resorts, expected to open in late 2022 and 2023. This includes the strategic entry of several brands into new markets, including the arrival of The Unbound Collection by Hyatt brand in […]