Park Inn by Radisson

Asia-Pacific

Asia-Pacific Hotel Pipeline Hits a Record High

Hotel construction in the Asia-Pacific region (excluding China) reached record highs in Q3 2024, with India, Vietnam, and Thailand leading the market, and a robust forecast for new openings through 2026.

Alan Woinski | 3 weeks ago

Asia-Pacific

IHG Debuts Garner Brand in Thailand

IHG Hotels & Resorts is expanding its presence in Thailand by introducing its new brand, Garner, and aiming to double its hotel portfolio in the country.

3 months ago

Asia-Pacific

H World Reveals $2 Billion Shareholder Return Plan

H World Group approved a three-year, $2 billion shareholder return plan, including dividends and repurchases, effective from July 23.

Alan Woinski | 4 months ago

North America

U.S. RevPAR Declines for First Time in 3 Years

Thanks to the shift in Easter in 2024 from March to April, RevPAR was down as a whole – but not in the top 25 markets in the U.S.

Alan Woinski and Kim Woinski | 7 months ago

Asia-Pacific

Hotel Franchising Doubles in Southeast Asia

A new report says that hotel franchising is rapidly expanding in Southeast Asia, providing local hotel owners significant growth opportunities despite market challenges.

Alan Woinski | 7 months ago

Asia-Pacific

Cambodia’s Tourism Rebound Strategy Is Focusing on Chinese Visitors

Cambodia's tourism, rebounding to 82.5% of 2019 levels in 2023, aims to boost Chinese visitation, focusing on initiatives including potential mutual visa-free policies and increased flights.

Alan Woinski | 8 months ago

Asia-Pacific

India’s Hotel Sector to Hit Decade-High for Revenue

The Indian hotel industry is expecting to report a 7-9 percent revenue growth in FY2025 with occupancy likely to be at decade highs.

Alan Woinski | 9 months ago

Asia-Pacific

Radisson Expanding in Cambodia and India

Radisson signed a deal to expand in Cambodia and announced even larger growth on its own across India.

Alan Woinski | 10 months ago

Asia-Pacific

Nomura Predicts Chinese Tourism Level for 2024

Nomura reports that China's outbound tourism faces significant recovery challenges through 2024-2025, due to eased supply constraints but hampered by economic issues and reduced consumer demand, with a forecasted recovery to 73% of 2019's travel levels by year-end.

Alan Woinski | 11 months ago

Asia-Pacific

China to Drop Visa Requirement for Select Countries

China launches a pilot project allowing visa-free travel for visitors from several countries, with Malaysia reciprocating for Chinese and Indian visitors. IHG, Accor, SM Hotels, Hilton, and Artyzen Hospitality Group announce new properties and partnerships across Asia. The former Palazzo Versace in Australia is up for sale with a $100 million price tag.

Alan Woinski | 1 year ago