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Asia-Pacific
Japan Expects Hotel Occupancy Improvement in 2024
Japan’s hotel industry experienced significant growth in 2023, achieving top global tourist destination status, with a rebound in foreign visits and high investment despite not reaching 2019 levels. -
Asia-Pacific
Malaysian Budget Hotels to Raise Rates 30%
Malaysian budget hotel owners are raising room rates due to increasing operational costs and taxes, amidst pressures from unlicensed accommodations. -
Asia-Pacific
Taylor Swift Concerts Boost Singapore Hotel Performance
Taylor Swift’s concerts in Singapore led to record hotel performance in March, with significant increases in occupancy, average daily rate, and revenue per available room. -
Asia-Pacific
Gaming in Thailand Wouldn’t Bring Immediate Benefits to Hotels
Maybank Securities forecasts significant revenue potential for Thai gambling complexes, but warns of initial profitability challenges and limited tourism industry benefits. -
Asia-Pacific
Thailand’s PM Pushes for Six-Nation Visa for Southeast Asia
Thailand’s Prime Minister proposes a six-nation visa to enhance regional tourism, potentially extending visa validity to 90 days, with a target of 80 million foreign tourist arrivals by 2027. -
Asia-Pacific
Hilton Plans 75 Hotels in India
Hilton aims to triple its India portfolio to 75 hotels in three to four years, expanding into emerging markets like Ayodhya and introducing luxury brands, with a focus on tier-I markets and the growing wedding segment. -
Asia-Pacific
Thailand Is Considering Casinos
Thailand’s legislature is considering legalizing casino resorts, anticipating a potential increase of US$12 billion in tourism revenue. -
Asia-Pacific
Cambodia’s Tourism Rebound Strategy Is Focusing on Chinese Visitors
Cambodia’s tourism, rebounding to 82.5% of 2019 levels in 2023, aims to boost Chinese visitation, focusing on initiatives including potential mutual visa-free policies and increased flights. -
Asia-Pacific
New Four Seasons Properties in Dalian, China and Okinawa, Japan
The all-new Four Seasons Hotel Dalian is the first international luxury brand to open in the Chinese city in the past decade, while the forthcoming property in Okinawa will open in 2027. -
Asia-Pacific
Marriott Points to Its South Asia Development Pipeline
Marriott International said they signed 28 deals in South Asia in 2023 and so far in 2024, adding over 4,500 rooms to its development pipeline.