Hyatt to Bring Wink Unscripted Brand to Hanoi
Hyatt will be bringing its new Wink Unscripted brand to Hanoi. Plus, more hotel deal news.
Wink Hotels
Hyatt to Debut Unscripted Brand With Vietnam Partnership
Hyatt partners with Indochina Kajima to debut its Unscripted brand globally, adding six Wink hotels and over 2,000 rooms across Vietnam. Plus more hotel deal and development news.
Vietnam's Hotel Room Supply Has 11% CAGR
Vietnam is expected to have 25 million tourists in 2025, up from 17.6 million last year, and it's been building hotels to keep up. Plus, other hotel development news.
Ennismore Signs Deal To Bring Mama Shelter Brand To Bangkok
Ennismore signed a deal with Thailand’s Platinum Group to introduce the Mama Shelter brand to Bangkok around 2029. Plus, more hotel development news.
STR Reports China Hotel RevPAR Decline
STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.
Japan Sets New Visitor Record for Second Consecutive Month
Japan set a new monthly record of 3.29 million foreign visitors in July, driven by the weak yen and summer holidays.
China Continues Outbound Tour Suspensions
STR reported China hotel RevPAR for the week ended 11/12 was up 17.5% year over year.
China’s Ministry of Culture and Tourism announced it would continue to suspend outbound tours by mainland travel agencies.
In the recent China Construction Pipeline Trend Report from Lodging Econometrics , LE analysts report that China’s total hotel construction pipeline, at the close of Q3 2022, stands at 3,604 projects/684,288 rooms.