DoubleDragon Corp.

Asia-Pacific

Vietnam Sees 41% YoY International Visitor Bump Over First 10 Months

Vietnam’s tourism sector saw a 41% year-over-year increase with over 14.1 million international visitors in the first 10 months of 2024, driven largely by air travel and arrivals from Asian markets.

Alan Woinski | 3 weeks ago

North America

Global Hotel Transactions Reach $42 Billion Q3

Global hotel investments are booming, with a 13% RevPAR increase, high cross-border deals, and $42.1B in transactions, driven by strong demand for luxury and select-service hotels.

Alan Woinski and Kim Woinski | 3 weeks ago

Asia-Pacific

Australia Marks Record Inbound and Outbound Tourism Growth

Australians are traveling in record numbers in 2024, with significant growth in both outbound and inbound tourism, particularly between Indonesia, Japan, and China.

Alan Woinski | 2 months ago

Asia-Pacific

Leela Owner Files for an IPO

Schloss Bangalore, owner of The Leela hotel chain, has filed for a US$599 million IPO to fund expansion and debt repayment, with Morgan Stanley, BofA Securities, JPMorgan, and Citi managing the issue.

Alan Woinski | 2 months ago

Asia-Pacific

Doubletree by Hilton Reaches 100 Hotels in Asia Pacific

Hilton's Doubletree by Hilton brand has surpassed 100 properties in the Asia Pacific region, with significant expansions in Indonesia, Japan, India, and China, and plans for nearly 80 more properties to support their goal of exceeding 1,000 hotels in the region next year.

Alan Woinski | 5 months ago

Asia-Pacific

Banyan Group to Open Kyoto Hotel in Q3 2024

Banyan Tree Higashiyama Kyoto, opening Q3 2024, will be Banyan Tree's first Japan hotel, featuring 52 guestrooms, a spa, and two dining options.

Alan Woinski | 6 months ago

North America

Hilton Increases Canadian Portfolio

Hilton's expansion in Canada includes nearly 20 deals signed in 2023, with plans to introduce Spark by Hilton and Motto by Hilton in 2024 – aiming to surpass 200 hotels.

Alan Woinski and Kim Woinski | 8 months ago

Asia-Pacific

Maldives Saw Resort Revenue Drop in 2023

The Maldivian tourism sector experienced a significant revenue decline last year, with resort revenue dropping by $529 million and total tourism revenue decreasing from $5.4 billion to $5 billion, attributed partly to a shift towards guesthouses over traditional resorts.

Alan Woinski | 8 months ago

North America

A&O to Invest €500 Million in Hostels

Europe hostel chain A&O is set to invest €500 million to aid its expansion across Europe. The company is seeking to expand its presence in European city centers.

Alan Woinski and Kim Woinski | 9 months ago

North America

Wyndham Hotels’ Instant Group Booking Windows

Group bookings across the industry’s largest portfolio of economy and midscale hotels will soon take minutes, not days, thanks to Groups360 and the rapid rollout at over 5,600 Wyndham hotels.

Alan Woinski and Kim Woinski | 10 months ago