Hotel Groups Bet on India Tourism Boom
Skift Take
Major hotel groups are betting a domestic tourism boom in India can withstand a broader consumer spending slowdown and stock market slump. Plus, more hotel deal and development news from APAC.
The Macao Government Tourism Office believes Macau could see a 10% year-on-year increase in visitor arrivals during this year’s summer holiday season. Macau recorded 14.66 million visitor arrivals in the first four months of the year, up 13.1% over the same period last year. Mainland China visitation was up 15.7% to 10.79 million. The MGTO is targeting Thailand for growth, with visitation from Thailand up nearly 60% in the first four months of the year to 88,819 people. International arrivals totaled nearly 1.01 million in the first four months of 2026, up 10.7% year-on-year. South Korea and the Philippines remained the two largest international source markets at 225,541 and 183,293, respectively.
Bloomberg published an article on how major hotel chains like Marriott, IHG, Accor, Wyndham, and Hilton are betting a domestic tourism boom in India can withstand a broader consumer spending slowdown and stock market slump. They have been continually announcing new deals for e
