Hilton, Marriott and IHG Sign Hotels Across Asia-Pacific
Hilton, Marriott and IHG sign hotels across Asia-Pacific, including Marriott's debut of The Luxury Collection in Cambodia and Laos. Plus, more hotel deal and development news.
JR Tokai Group
Radisson's Strategic Expansion in South-East Asia
Macau expects 28 million visitors in 2023, nearing 74% of 2019 levels, with predictions for further growth in 2024.
New hotel developments and renovations across Asia , including the Courtyard by Marriott in Kyoto , Japan , and the Chiang Mai Marriott Hotel in Thailand .
Radisson expands in South-east Asia, targeting markets like Sri Lanka and the Philippines , while Sun Siyam Pasikudah in Sri Lanka and Lemon Tree Hotels in Karnataka, India , announce new properties.
China's Travel Rebound May Speed Up
STR reported China hotel RevPAR was down -17.7% year over year for the week ended 12/31/22. When compared to the same week in 2019, RevPAR was down -23.6%.
As of Sunday, the terrible hotel news of the past three years is just that, in the past as borders were reopened in China .
The Philippines and China signed a new comprehensive tourism agreement that aims to strengthen mutual development in areas such as hotels, resorts, cruise ships, ports, tourism products and other related industries.