Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.
The global hotel industry continues to expand, with IHG celebrating its 50th year in China while Mandarin Oriental plans a $100 million renovation in Hong Kong.
In Indonesia, hotel occupancy rates in several regions have plunged to as low as 20% as the budget cuts have stripped away a vital source of income for hotels.
Ayala Land Inc. plans to invest over $500 million in expanding its hotel portfolio to 8,000 rooms by 2030, focusing on new developments, international partnerships, and upgrading existing properties.
BWH Hotels is expanding in India with 21 new properties, targeting secondary markets, aiming for 100 hotels in five to seven years, and introducing its Aiden brand in Amritsar.