Bali

Asia-Pacific

Thai Hotel Bookings to Surpass 2019 Levels

Krungthai Bank's research unit predicts Thailand's hotel industry to surpass pre-Covid levels this year, driven by strong domestic tourism growth, despite international arrivals still lagging behind 2019 figures.

Alan Woinski | 6 days ago

Asia-Pacific

Indonesia Imposes Bali Hotel Construction Ban

Indonesia has imposed a moratorium on hotel and nightclub construction in Bali to curb overdevelopment and protect the island’s culture and environment.

Alan Woinski | 1 week ago

Asia-Pacific

Hilton Plans 150 Luxury Hotels in Asia Pacific

Hilton plans to significantly expand its luxury hotel portfolio in Asia Pacific, aiming to surpass 150 properties by partnering with Small Luxury Hotels of the World and introducing new luxury brands to the market.

Alan Woinski | 2 weeks ago

Asia-Pacific

PATA's Tourism Recovery Scenarios for Asia Pacific

The Pacific Asia Travel Association (PATA) laid out tourism recovery scenarios for the Asia Pacific, predicting a slow recovery with 2024 arrivals still 31% below 2019 levels, and a range of outcomes for Thailand by 2026.

Alan Woinski | 3 weeks ago

Asia-Pacific

Hilton Targets 100 New Hotels A Year in China

Hilton is rapidly expanding in China, opening its 700th hotel and targeting 100 new hotels annually, with plans to potentially open one every two days.

Alan Woinski | 3 weeks ago

Asia-Pacific

Banyan Tree Debuts in Japan

Banyan Group has launched its first Banyan Tree hotel in Japan, located in Kyoto, and plans further expansion with four additional properties in development.

Alan Woinski | 4 weeks ago

Asia-Pacific

Japan Considers Lodging Tax to Address Tourism Surge

In Japan, local governments are considering and implementing lodging taxes to manage overtourism, despite opposition from hotel businesses fearing loss of guests to neighboring areas.

Alan Woinski | 2 months ago

Asia-Pacific

Accor Opens Its 700th Hotel in China

Accor has opened its 700th hotel in China, the Sofitel Shanghai North Bund, coinciding with the Sofitel brand's sixtieth anniversary and the China-France Year of Culture and Tourism.

Alan Woinski | 4 months ago

Asia-Pacific

Oyo in Talks to Raise up to $90 Million

Oyo is seeking to raise $80-$90 million from InCred's family offices at a reduced valuation to pay off debt and refile for an IPO.

Alan Woinski | 4 months ago

Asia-Pacific

Visitor Spending in Macau Soars by 36%

Visitor spending in Macau, excluding gaming, increased by over a third year on year, driven mainly by overnight visitors and significant spending on shopping, accommodation, and food and beverage.

Alan Woinski | 4 months ago