Cambodia

Asia-Pacific

India's Hotels Project Cautious 14% Revenue Growth in 2025

Investor concerns over Human Metapneumovirus (HMPV) have shaken India's hotel and airline stocks, despite strong growth forecasts for the hospitality sector driven by surging demand and increasing supply.
Asia-Pacific

India's Hotel Rates May Rise Over 8% in 2025

Hotel room rates in India are expected to rise significantly in 2025 due to strong travel demand, limited new supply, and inflationary pressures, with predictions ranging from a 7% to 15% increase across segments.
Asia-Pacific

Singapore's Marina Bay Sands Is Getting Even Bigger

Las Vegas Sands increased the Marina Bay Sands expansion budget to US$8 billion for a new fourth tower with its own casino, luxury suites, arena, and more, with construction starting in mid-2025 and opening in 2031.
Asia-Pacific

Leela Owner Files for an IPO

Schloss Bangalore, owner of The Leela hotel chain, has filed for a US$599 million IPO to fund expansion and debt repayment, with Morgan Stanley, BofA Securities, JPMorgan, and Citi managing the issue.
Asia-Pacific

IHG Signs Deal for First Kashmir Hotel

IHG Hotels & Resorts will open its first hotel in Kashmir, voco Srinagar, in late 2026, featuring 95 rooms, diverse dining, and meting facilities – marking the sixth voco hotel in India.
Asia-Pacific

Malaysian Budget Hotels to Raise Rates 30%

Malaysian budget hotel owners are raising room rates due to increasing operational costs and taxes, amidst pressures from unlicensed accommodations.