The Indian Hotels Company Ltd

Asia-Pacific

The Philippines Plan to Expand Air Travel

The Philippine government is enhancing flight availability and establishing new routes to boost tourism from key and emerging markets.
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.
Asia-Pacific

Australia Will Have Record Tourism Economic Impact in 2024

The World Travel & Tourism Council forecasts that Australia’s travel and tourism sector will contribute a record $265.5 billion to the economy in 2024, with expectations to surpass $345 billion by 2034.
Asia-Pacific

India Okays ITC Spinning Off Its Hotel Business

The Competition Commission of India approved ITC Ltd’s demerger of its hotel business into the newly independent, publicly listed ITC Hotels Ltd, with ITC retaining a 40% stake and 60% distributed to shareholders.
Asia-Pacific

South Korean Hotel Rates Surge 43%

In the first quarter of 2024, South Korea’s hotel industry saw significant growth in average daily rates and RevPAR, driven by key tourist destinations, but investment activity remained subdued despite limited future supply and expected continued success in luxury and upscale segments.
Asia-Pacific

Minor Aims to Add 50 Hotels in India

Minor Hotels plans to open 50 new hotels in India over the next decade, focusing on luxury and upscale segments, while targeting specific opportunities in wellness, lifestyle, and historic venues, and emphasizing partnership-based management.
Asia-Pacific

IHG Plans to Run 100 Hotels in India by 2029

IHG Hotels & Resorts plans to double its presence in India to 100 hotels over the next five years, expanding in key cities and introducing the InterContinental brand in Telangana by 2029.