Hilton Plans 150 Luxury Hotels in Asia Pacific
Photo Credit: An aerial view of Umana Bali, LXR Hotels & Resorts. Hilton
Skift Take
Hilton plans to significantly expand its luxury hotel portfolio in Asia Pacific, aiming to surpass 150 properties by partnering with Small Luxury Hotels of the World and introducing new luxury brands to the market.
The Tourism Authority of Thailand is expecting 12.2 million foreign visitors in the last four months of this year. They expect these tourists to generate US$19.9 billion in revenue with the most tourists coming from East Asia, then Europe and South Asia. On the domestic side, TAT is expected 72.5 million trips, generating US$9.8 million in the final four months of the year. From January 1 to August 25th, TAT said over 23 million foreign tourists showed up, spending $31.5 billion. That was led by China, followed by Malaysians and then those from India and South Korea. Even with this strong year, if expectations are met, the 35.99 million foreign tourists will be below 2019 when there were 39.8 million foreign visitors.
Hotelivate said Indonesia's tourism industry is bouncing back strongly, with a notable increase in travelers heading to Bali and Jakarta. The Indonesian government's ambitious goal is to attract $3 billion in investm
