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Asia-Pacific

Rising Tourism Driving Singapore Hotel Sector Growth

Singapore’s hotel sector is experiencing steady growth driven by tourism, lifestyle brands, and evolving accommodation trends, though recovery is hampered by low visitor numbers from China.
Asia-Pacific

China's Hotels Had a Weaker Golden Week

China's hotel industry saw mixed performance during the Spring Festival, with some cities thriving despite an overall RevPAR decline, while Japan stood out among overseas destinations.
Asia-Pacific

Tokyo Leads Hotel Investment in Asia Pacific, Says CBRE

Hotel investment in the Asia Pacific region is rising, with Japan, Singapore, and Australia leading interest, while investors shift focus to upscale segments and await interest rate clarity.
Asia-Pacific

India to Add One Million Hotel Rooms by 2029

India's organized hotel industry is set to exceed 3 million rooms by 2029, driven by religious tourism, rising incomes, infrastructure projects, and major airport developments.
Asia-Pacific

Asia-Pacific Hotel Market Ended 2024 Strong

December 2024 saw strong RevPAR growth across Asia Pacific, with Vietnam, Japan, Thailand, and India leading the region, signaling a positive trend for 2025.
Asia-Pacific

Thai Luxury Hotel Rates Rose 5% Last Year

In 2024, Thai luxury hotels experienced significant year-on-year increases in average daily rates and occupancy across key tourist cities.
Asia-Pacific

Golden Week Visitors to Macau Drop 8% From 2024

Despite a single-day post-Covid high, Macau's Golden Week visitor arrivals are down year-over-year, with Mainland China visitation seeing a significant decline.