Gateway

IOI Properties Group plans to launch a real estate investment trust seeded with assets valued at about US$1.9 billion. Plus, hotel deal and development news.

Hyatt Place Butwal opened in western Nepal with 109 guestrooms, marking the third Hyatt-branded hotel in the country. Plus, more hotel deal and development news for APAC.

China tells its citizens that Japan is unsafe to visit. Plus, hotel deal and development news from Asia Pacific.

Yotel announced the appointment of Phil Andreopoulos as CEO. And more hotel and development news.

Asian hotels face mixed outlook: Thai occupancy rises, Chinese tourists decline, while new luxury properties open. Plus: IHCL’s 250th operating hotel.

Visitor arrivals to the Philippines rose by 1% in early 2025, driven by returning overseas Filipinos despite declines in South Korean and Chinese tourists.

Indonesia is actively targeting Indian tourists with new flights, marketing campaigns, and visa-free entry to boost arrivals in 2025.

Marriott's St. Regis brand has opened its 60th global property, The St. Regis on the Bund, Shanghai, offering luxury accommodations, butler service, and multiple dining and wellness amenities.

The 2024 Philippines Accommodation Pipeline Report reveals 158 accommodation projects with 40,084 rooms in development, with Luzon leading, followed by Visayas and Mindanao, which is noted as an underserved market.

The Indian hotel industry saw a 4.8% RevPAR growth in 2Q24, with Hyderabad leading the gains, while Mumbai hotels topped in occupancy, ADR, and RevPAR, despite a dip in overall occupancy due to summer vacations and reduced corporate travel.