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.
Singapore is on track to exceed pre-pandemic tourism spending in 2024 and expects up to 18.5 million visitors generating over S$30 billion in receipts by 2025.
Indian Hotels Company announced a new Tajhotel in Ayodhya, set to open in 2026 with 300 rooms, luxury villas, extensive amenities, and event space, expanding IHCL’s footprint in Uttar Pradesh to 31 hotels.
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.
Japan’s booming tourism, driven by a weak yen and rising demand, has pushed hotel costs so high that even business travelers are priced out, prompting shifts to alternatives like Airbnb and further tax hikes in places like Kyoto.
JLL's new Hotel Operators Investment Survey highlights Asia Pacific's uneven hotel recovery, with disparities in regional growth, labor challenges, rising costs, and a positive 2025 outlook driven by MICE demand despite lingering tourist shortfalls.
Tokyo Tatemono and The Ascott Limited will launch SEN/KA TOKYO, marking The Crest Collection's debut in Japan in 2029, while CapitaLand's strategic investments in Japanese hospitality signal robust growth opportunities.
Hilton has achieved 1,000 hotels in Asia Pacific ahead of its 2025 goal, with plans to double its portfolio and expand significantly in Greater China and Southeast Asia.