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Asia-Pacific
Singapore Leads Way on Room Cost
Bloomberg reported that hotel rooms in Singapore are now the most expensive in almost a decade. Radisson Hotel Group said they are aiming to accelerate growth across Thailand. The Tongsai Bay, the first five-star luxury hotel to be built on Koh Samui, has embarked on an innovative refurbishment and development program to celebrate its 35th anniversary as a luxury eco-haven. -
Asia-Pacific
Ennismore Signs First Tribe Hotel in Thailand
Ennismore announced the signing of TRIBE Bangkok Sukhumvit 39. Thai property developer Boutique Corporation has partnered with Oakwood and launched Oakwood Studios Sukhumvit Bangkok. InterContinental Hayman Island Resorts announced the opening of a new extension – 12 new free-standing Beachfront Pavilions. -
Asia-Pacific
Macau Reopens to Foreign Citizens
Tomorrow is the first day that foreign citizens from 41 countries will be allowed to enter Macau since the start of this crisis. The travelers will still have to undergo seven days of quarantine in a designated hotel followed by another three days of self-health monitoring. Control of theme park Huis Ten Bosch Park in Japan is being transferred to Hong Kong-based asset management firm PAG . IHG Hotels & Resorts announced the opening of its 600th hotel in Greater China with the debut of Kimpton Bamboo Grove Suzhou. -
Asia-Pacific
Australians Increasingly Traveling Abroad
China’s southern city of Shenzhen has three neighborhoods that are the latest to be locked down due to the spread of Covid. June data from the Australian Bureau of Stations reveals outbound travelers are growing at almost three times the rate of inbound as Australians continue to flock overseas . Macau’s hotel occupancy rate fell by -25.6 percentage points year on year on July to 38.1%. That was down a percentage point from June. -
Asia-Pacific
Cambodia Is Recovering, But Still Struggling
STR reported China hotel RevPAR for the week ended 8/20 was up 89.7% year over year, up against an easy -43.4%. Cambodia’s Ministry of Tourism said that while tourism is recovering, almost 50% of businesses in Cambodia’s main tourism hub of Siem Reap are still closed . In India, mid-sized hotel brands have embarked on aggressive plans and are signing up hotels at a record pace, encouraged by a major turnaround in performance across the country. -
Asia-Pacific
Vietnam Tourism on Track to Beat 2019 Revenue Numbers
Vietnam’s tourism sector is forecast to record US$11.1 billion in revenue in 2024, which would exceed the 2019 tourism revenue number of US$10.8 billion. Hotelivate said Tier-III cities with resort locations in India have seen the strongest recovery amid a rebound in leisure tourism. Accor is expanding its presence in the Philippines with the signing of two new properties in Clark City. -
Asia-Pacific
Macau Visitors Still Down YoY
Macau’s tally of visitors reached 81,798 for the seven days from August 12 to August 18 inclusive, a daily average of about 11,685. According to the latest Construction Pipeline Trend Report from Lodging Econometrics , the total China hotel construction pipeline is at 3,693 projects/701,974 rooms. Hilton signed six new luxury hotels in Asia Pacific which will open over the next four years. -
Asia-Pacific
Singapore’s Changi Remains the Busiest in Asia
China reported 2,312 new Covid infections nationwide today , the first time in more than three months that cases topped 2,000 for three consecutive days. Singapore’s Changi Airport emerged as the busiest airport in Asia in the three months to June 30, 2022, recording more than double the number of passenger movements than its nearest rival. The newly built 229 keys midscale Mercure Kuala Lumpur Glenmarie managed by Accor has officially opened in Shah Alam, Selangor in Malaysia. -
Asia-Pacific
China Locks Down Part of Tibetan Capital
China has locked down part of Tibet’s capital following reports of a Covid-19 outbreak that grew from four to 22 cases on Monday. Radisson Hotel Group announced the signing of Radisson Biratnagar in Nepal, in partnership with The Centurion Hotel Private Limited. Ennismore announced its continued expansion across New Zealand and Australia with the signing of four new hotels in New Zealand with CP Group. -
Asia-Pacific
Hong Kong Will Ease Quarantine on International Arrivals
Hong Kong announced plans to further ease its arrivals quarantine requirements . More than 50 luxury hotels are set to open in Jakarta and Bangkok within the next five years , highlighting the expectations of a strong economic recovery. Accor is teaming up with PT. Mega Hotel Lestari in introducing the first ibis Styles in Semarang in Indonesia .