L7 Hotels

Asia-Pacific

Hilton and Juniper Opening Bengaluru Properties

Hilton and Juniper Hotels are expanding their presence in Bengaluru with new hotel acquisitions and developments, offering upscale accommodations and extensive amenities in key city locations.
Asia-Pacific

India Hotel Investments Rebound to Pre-Covid Levels

The Indian hospitality industry is experiencing strong investment growth in greenfield hotel developments, particularly in tier 2 and 3 cities, with investments rebounding to pre-Covid levels and expected to surge further in 2024.
Asia-Pacific

Visitor Spending in Macau Soars by 36%

Visitor spending in Macau, excluding gaming, increased by over a third year on year, driven mainly by overnight visitors and significant spending on shopping, accommodation, and food and beverage.
Asia-Pacific

Dusit Aims to Double Portfolio to 100 Hotels by 2025

HCMC's hospitality market remained gloomy in H1 2023 due to slow international tourist arrivals. Ascott Limited is refreshing its hotel-in-residence model, catering to varying lengths of stays with hotel services and amenities. Dusit International expands in Japan with Dusit Thani Kyoto and plans massive expansion in China and India .
Asia-Pacific

China's YoY RevPAR Growth Nearly Doubles

STR  reported China hotel RevPAR was up 99% year over year for the week ended May 13 . According to Lodging Econometrics’ latest China Construction Pipeline Trend Report , China’s total hotel construction pipeline stand sat at 3,659 projects/680,959 rooms at the end of Q1 2023. Macau visitor arrivals rose 16.2% in April from March, up 275% year over year, to 2,274,050.