Hyatt Hotels is acquiring Playa Hotels & Resorts for $2.6 billion, funding it largely with new debt and asset sales, strengthening its all-inclusive presence in the Caribbean and Mexico.
India's organized hotel industry is set to exceed 3 million rooms by 2029, driven by religious tourism, rising incomes, infrastructure projects, and major airport developments.
December 2024 saw strong RevPAR growth across Asia Pacific, with Vietnam, Japan, Thailand, and India leading the region, signaling a positive trend for 2025.
Despite rising costs outpacing revenue growth in 2024, the hotel industry sees potential for recovery in 2025 through increased guest spending, job growth, and major events.
Visitor arrivals to the Philippines increased in January, with South Korea remaining the top source despite a decline, while Cambodia expects more Chinese tourists in 2025.
CoStar forecasts modest U.S. RevPAR and ADR growth through 2027—with luxury and upper upscale segments leading—despite real RevPAR remaining below 2019 levels.