Asia-Pacific
Tokyo Leads Asia with Record Occupancy and Rates
Notable are the predictions of 3% to 8% hotel rate hikes in 2024, with Asia leading in occupancy growth.
Accor's execution of management agreements for 69 properties across Asia, enhancing its portfolio with over 16,500 keys, is a major development.
The reopening of the Mandarin Oriental Singapore after a multi-million dollar transformation underscores significant refurbishment investments in the industry.