Prince Hotels & Resorts

Choice Hotels launches MainStay Suites in Australia with seven hotels planned, marking the brand's first expansion outside North America. Plus, more hotel deal and development news.

Thailand's Ministry of Tourism and Sports delays tourist fee until 2026, citing external uncertainties and tourism demand assessment.

The Philippines aims for 7.7 million tourists in 2024 despite challenges, with South Korea as the top source market and a significant increase in visitor receipts this year.

The Mandai Rainforest Resort, an eco-friendly resort operated by Banyan Tree and featuring 338 rooms including unique treehouses, is set to open in Singapore in early 2025, following delays due to the Covid-19 pandemic.

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

China hotel industry shows strong rebound: RevPAR up 36.9%, surpassing pre-pandemic levels by 5.4%. Hong Kong hotels attract investors with discounts up to 30%, driven by cash-rich buyers seeking business district properties. Vietnam's tourism recovery gains momentum: July international arrivals tripled compared to last year, reaching 79% of 2019 levels.

Xxpectations for everyone in the Asia Pacific region was the reopening of China would cause a regional surge but so far, that has been muted. For February, the biggest proportion of tourists to Indonesia came from Malaysia , followed by Australia and Singapore . The Singapore Tourism Board has signed a new three-year Memorandum of Understanding with Flight Centre Travel Group Limited aimed at driving increased visitation to Singapore via FCTG’s global network. Las Vegas Sands is expected to complete their US$1 billion upgrade of hotel facilities at the Marina Bay Sands in Singapore by the end of the year.