OYO said they have recorded a 20% year-over-year rise in summer bookings in India, driven by family travel, religious tourism, and strong demand during long weekends.
Vietnam experienced a 30% increase in international tourist arrivals in 1Q25, year-over-year. That puts it sixth globally and first in the APAC region. Plus hotel development news...
Vietnam’s tourism sector saw a 41% year-over-year increase with over 14.1 million international visitors in the first 10 months of 2024, driven largely by air travel and arrivals from Asian markets.
Golden Week saw a significant boost in tourism in China, with passenger trips and travel orders surpassing pre-pandemic levels, reflecting growing confidence in the economy.
Hyatt has launched Alila Shanghai in the Jing'an area, marking the first Urban Alila Resort-style hotel in Greater China, featuring 186 rooms, luxury amenities, and exclusive access to Zhangyuan.
Accor plans to expand its Indian portfolio by introducing 30 new hotels, adding 5,500 rooms over the next 3-5 years, and is set to open luxury hotels including Sofitel Jaipur Jawahar Circle and Raffles Jaipur.
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.
Tokyo domestic tourism bounced back to pre-pandemic levels in 2022, with 542.67 million Japanese tourists visiting, but foreign tourists declined by about 78% compared to 2019.
Macau 's hotel industry showed significant recovery in June 2023, with an 89% average occupancy rate, and daily room rates increased by over 100% year over year.
Beyond Stay , an Indian hotel chain, raised funds in a Pre Series A investment round to expand its presence in new locations and improve its technology infrastructure.