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Asia-Pacific
Maldives Tourism to Surpass a Half Million Arrivals in 2024
In 2024, the Maldives surpassed 500,000 visitors, led by China as the top source, followed by Russia, Italy, and the UK, with an average stay of 7.8 days. -
Asia-Pacific
Japan to Get Ten Four Seasons Properties
Berjaya Land Bhd plans to expand its presence in Japan by developing at least ten Four Seasons hotels and resorts, starting with the groundbreaking for the Four Seasons Resort & Private Residences Okinawa. -
Asia-Pacific
Oberoi to Double Its Hotel Room Count by 2030
Oberoi Group plans to open 50 new hotels by 2030, doubling the number of rooms under management. -
Asia-Pacific
Hyatt’s Pipeline is 40% in China
Hyatt aims to expand its presence in China’s economy and midscale hotel segments, leveraging local partnerships and focusing on second and third-tier cities. -
Asia-Pacific
Hyatt Plans 7 New Hotels in India
Hyatt Hotels said they plan to expand their footprint in India by opening seven new hotels and adding 1,115 keys across leisure and city destinations in 2024. -
Asia-Pacific
Taylor Swift Concerts Break Hotel Records in Australia
In February 2024, Sydney and Melbourne, Australia, experienced record hotel occupancy and rates, attributed to Taylor Swift’s Eras tour, with significant yearly increases in occupancy, average daily rates, and revenue per available room. -
Asia-Pacific
Accor Buys Back Some Shares from Jinjiang
Accor announced a share repurchase agreement was reached to buy back a block of seven million of its own shares as part of the €400 million share buyback program of Accor for 2024. -
Asia-Pacific
Philippines Begins 2024 With a 23% Tourism Bump
The Philippines Dept. of Tourism reported that from January to March 4 this year, over 1.23 million international travelers visited. -
Asia-Pacific
China Announces New Visa-Free Entry Rules
China introduces 15-day visa-free entry for citizens of six European countries, extending from March 14 to November 30, alongside existing visa agreements with other nations. -
Asia-Pacific
Centara Aims to Be a Global Hotel Operator
Centara Hotels & Resorts announced its expansion plans at ITB Berlin. Their sustainable strategy is to introduce its style of family-centric hospitality to multiple new markets, striving to become one of the planet’s top 100 hotel operators by 2027.