Hotel industry shows activity with Accor confirming its outlook for the year without a downward revision and KHP Capital Partners securing $300 million for hotel acquisitions and renovations.
CoStar forecasts modest U.S. RevPAR and ADR growth through 2027—with luxury and upper upscale segments leading—despite real RevPAR remaining below 2019 levels.
China's summer resort tourism market reaches 1.2-1.5 trillion yuan as residents seek refuge from heat waves.
The Philippines Bureau of Immigration expects a 20% increase in tourist visa extensions with the launch of its electronic services platform.
SC Capital Partners acquires a portfolio of 27 resort hotels in Japan , focusing on revenue increase and refurbishment works.