Thailand Hotel Investment to Grow This Year, Says JLL
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.
Kuala Lumpur
Hilton Plans India Footprint Expansion and Introduces New Brands
Hilton plans to double its Indian presence, bringing Waldorf Astoria, Conrad, and LXR brands while DoubleTree remains its largest footprint.
Hilton to Open a Nomad in Singapore
Hilton partners with UOL Group to bring the first NoMad hotel to Singapore, opening on Orchard Road in 2027.
Singapore's GIC Acquires Stakes in SAMHI Hotels Units
Singapore's GIC is investing $88 million for 35% stakes in three SAMHI Hotels units to develop upscale hotels across India.
Asia Pacific to See 813 Million International Travelers a Year by 2027
International visitor arrivals, under PATA's medium scenario, to Asia Pacific are projected to reach 813 million by 2027.
Rising Tourism Driving Singapore Hotel Sector Growth
Singapore’s hotel sector is experiencing steady growth driven by tourism, lifestyle brands, and evolving accommodation trends, though recovery is hampered by low visitor numbers from China.
China's Hotels Had a Weaker Golden Week
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.
Macau Set to Gain Over 4,000 New Hotel Rooms
Macau had 2,928 hotel rooms under construction by the end of 2024, with a total of 4,229 potential new rooms if all planned projects are approved.
Five-Star Hotels in Macau Lead Occupancy Rates at 88.6%
Macau's hotel occupancy rate rose to 86.4% in 2024, with five-star hotels leading at 88.6%, despite a decline in available guest rooms.
Kyoto Looks to Double Hotel Tax Revenue by 2026
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.