Hyatt Unveils Tokyo Shibuya Hotel
Photo Credit: Hyatt Corporation
Skift Take
Hyatt Hotels Corporation announced the opening of Hyatt House Tokyo Shibuya. They reached an agreement with Tokyu Land Corporation earlier in the month for the 126-room hotel which includes 18 suites.
Fund management company Tradeview Capital said they expect Malaysia’stourism market to outperform other ASEAN competitors this year. CEO Ng Zhu Hann said mutual visa-free entry for Malaysia and China, along with the historically low ringgit, are the main drivers boosting the country’s tourism market. He pointed to a very large number of Chinese arriving in Malaysia during the recent Chinese New Year. A local media outlet said there was a 50% rise in Chinese tourists during the holiday. That sounds good but last year China was just coming off the end of Zero Covid. Tour operators said the Chinese spent between RM1 billion and RM1.5 billion in the country. The Malaysian Chinese Tourism Association estimated more than 100,000 Chinese tourists, comprising some 5,000 tour groups, visited Malaysia from February 5th to 19th.
The Macau Statistics and Census Service said visitor arrivals reached 2,861,609 in Janu
