Lemon Tree Hotels

Malaysian budget hotel owners are raising room rates due to increasing operational costs and taxes, amidst pressures from unlicensed accommodations.

The Philippines Dept. of Tourism reported that from January to March 4 this year, over 1.23 million international travelers visited.

Katerina Giannouka has left Jumeirah Group, one year into her time as CEO. Thomas Meier, CEOO, will serve as Interim CEO again.

Seibu Prince Hotels will offer a consolidated membership program and unify its brand identity under a single brand.

India has now slipped to the fifth position for tourist arrivals into Maldives in January, with just over 13,000 visitors. This is per the latest data from the Maldives tourism industry and is quite different than the commentary last week from the Maldives.

In 2023, the Taj brand strengthened its presence in key metro and commercial cities, including Delhi, Cochin, Dhaka, and Bhutan. Vivanta and SeleQtions collectively added 17 hotels while Ginger signed agreements for six new hotels.

Minor International said they expect foreign tourist arrivals to Thailand to exceed 34 million, ahead of the government’s forecast.

CapitaLand Investment's the Ascott Limited, is adding eight new properties to its lyf brand portfolio. The additions mark Ascott’s expansion into various global city and resort destinations including Bali, Penang, and Sydney.

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 hotel Revenue Per Available Room (RevPAR) increased by 46.5% for the week ending November 25, 2023, compared to a 2.2% increase year-over-year but was down 2.8% compared to 2019. Curio Collection by Hilton is set to reach its 150th opening by the end of 2023, with 19 new properties, including 10 first-in-market hotels, such as in Kenya, Vietnam, Monaco, Australia, Argentina, and Curacao. Courtyard by Marriott Bangkok Suvarnabhumi Airport opened on December 1, being the largest in Thailand with 468 rooms and multiple dining options.