Asia-Pacific India's Hotel Occupancy to Reach 70% This Year Industry forecasts suggest India's hotel occupancy will reach 70% this year, with room rates set to to cross the INR 10,000 mark in 2026. Alan Woinski | 1 year ago
Asia-Pacific Hong Kong Hoteliers Watch Golden Week Nervously Industry watchers expect Hong Kong to see at least single-digit growth in the number of mainland tourists over the five-day Labour Day Golden Week. Alan Woinski | 1 year ago
North America Analysts Watch U.S. Hotel Demand and Construction The hotel industry shows mixed signals as some AAHOA members see slowing construction, while CoStar reports a sharp decline in international arrivals. Alan Woinski and Kim Woinski | 1 year ago
North America A Hotel in New York City Might Sell for $1 Billion If Alexico Group wants to sell the Mark Hotel in New York City, it may have a significant offer awaiting. Plus other hotel development news. Alan Woinski and Kim Woinski | 1 year ago
Asia-Pacific Thailand Casino Bill Delayed Amid Opposition Thailand postpones casino bill debate amid opposition, while major hotel groups including IHG, Accor, and BWH expand across India. Alan Woinski | 1 year ago
North America Boston May Get 15-Story Hotel Near Convention Center There's a proposed 15-story hotel that may be built next to the Boston Convention and Exhibition Center. Alan Woinski | 1 year ago
Asia-Pacific Wyndham Continues to Expand Across Asia Pacific Wyndham Hotels & Resorts expanded rapidly in Asia Pacific in 2024, adding 220 new hotels and signing 286 contracts, with 9% net room growth. Alan Woinski | 1 year ago
Asia-Pacific Thai Tourism Tax Expected by End of 2025 Starting late 2025, foreign tourists visiting Thailand will pay a 300-baht tax, which includes life and accident insurance. Alan Woinski | 1 year ago
North America Accor and Choice Hotels Report Earnings Choice Hotels beat earnings expectations due to "other revenues," boosted guidance, and repurchased shares, while Accor reported strong Q4 results, announced a major stock buyback, and considered selling its AccorInvest stake. Alan Woinski and Kim Woinski | 1 year ago
Asia-Pacific Hilton Promises 75 New Hampton Properties in India Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment. Alan Woinski | 1 year ago