Udaipur

Dow Jones published an article on how foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts. The article cited the Marriott International deal in April to operate seven hotels and resorts from Vinpearl, including three existing hotels in Nha Trang, Hoi An and Da Nang. In February Singapore’s Lodgis Hospitality […]

Malaysia reopened its borders nearly a year ago and finally its hotel industry is getting back to pre-pandemic occupancy levels. The Malaysian Association of Hotels said the country recovered well in 2022 with the occupancy rate going from 36% to 54%. In 2019, the rate was around 60%, according to Tourism Malaysia data. The average room rate […]

Thailand rescinded its entry policy which requires visitors to show proof of a Covid-19 vaccination, citing sufficient immunization levels in China and the rest of the world. Thailand’s health minister said checking evidence of vaccinations was inconvenient and a panel of health experts recommended withdrawing the rule that had just been put into effect over the weekend, ahead […]