New StandardX Brand Will Debut in Melbourne
Skift Take
- Singapore saw a significant rise in international visitor arrivals in October, notably from China and Indonesia. Meanwhile, The Philippines plans to develop 48 new hotels by 2028.
- Several hospitality brands announced major expansions, including The Standard International's new The StandardX in Melbourne, Australia, and Accor opening Mercure Tokyo Haneda Airport.
- Indian Hotels Company formalized a partnership for a new Vivanta hotel in Kochi, India, and Crowne Plaza in Chennai, India will be replaced by luxury apartments.
Due to the Thanksgiving Holiday in the US, there will be no Daily Lodging Report – Asia Pacific on Thursday, November 23.
Singapore welcomed a total of 1,125,948 international visitor arrivals in October, up 37.8% year over year. There was a small sequential decline from September but this is the third straight month of sequential arrival number declines. Inbound tourist arrivals from China provided a boost in July and August, resulting in what DBS Bank is calling a seasonal sequential decline. Singapore had been expected to benefit from Chinese safety concerns over travel to Thailand and Japan but it does not appear to have materialized. Indonesia was the top market for Singapore again in October, providing 180,881 visitors, up from 175,601 in September. China was second with 122,764 but that was down from 135,677 in September. Singapore remains on track to comfortably reach its annual forecast figure of between 12 million and 14 million arrivals. The first 10 months
