Minor Hotels to Add 300 Properties by 2027


Skift Take

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.

The Macau Statistics and Census Service said there were 34,928,650 total visitor arrivals in 2024, up 23.8% year-over-year, led by Mainland China visitation, up 28.6% to 24,491,424. The number of international visitors rose by 66% to 2,423,093. Philippines visitation accounted for the largest number of international arrivals at 493,399, up 57.1% from 2023. Korea was close behind with 492,184, up 140%. Overnight visitors only rose by 12.8% to 16 million, while same-day visitors dominated at 18.9 million, up 35%. The year was capped by December visitation up only 3.3% to 3,040,337 thanks to President Xi's visit. International arrivals were up 22.5% in December to 292,202. After President Xi left, the three-day weekend from December 20, a public holiday in Macau, had an average daily number of visitor arrivals at 104,010.

Cambodia's Minister of Tourism said they expect 7.2 million to 7.5 million international tourists in 2025. In 2024, 6.7 million foreign tourists