Chennai

Asia-Pacific

Philippine Hotel Pipeline Reaches 40,000 Rooms

The 2024 Philippines Accommodation Pipeline Report reveals 158 accommodation projects with 40,084 rooms in development, with Luzon leading, followed by Visayas and Mindanao, which is noted as an underserved market.
Alan Woinski | 2 days ago
Asia-Pacific

Japan Expects Hotel Occupancy Improvement in 2024

Japan's hotel industry experienced significant growth in 2023, achieving top global tourist destination status, with a rebound in foreign visits and high investment despite not reaching 2019 levels.
Alan Woinski | 5 months ago
Asia-Pacific

India Sees Double-Digit Room Rate Growth

In February 2024, major Indian hotel markets experienced near double-digit ADR growth and slightly higher occupancy rates, with notable increases in Hyderabad and Goa despite occupancy dips, and overall performance surpassing February 2019 levels.
Alan Woinski | 6 months ago
Exterior of a hotel porte-cochère
Asia-Pacific

Hilton Plans 75 Hotels in India

Hilton aims to triple its India portfolio to 75 hotels in three to four years, expanding into emerging markets like Ayodhya and introducing luxury brands, with a focus on tier-I markets and the growing wedding segment.
Alan Woinski | 6 months ago
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.
Alan Woinski | 6 months ago
Asia-Pacific

Langham's Three Hotels in Xiamen   

Langham Hospitality Group has signed management agreements for three hotels on a single plot. The newly built properties are part of Xiamen Seaworld which is China Merchant Group’s mixed-use development that is perched on the western shore of Xiamen’s main island.
Alan Woinski | 7 months ago
Asia-Pacific

Vietnam's Hotel Room Supply Is on the Rise

Savills Vietnam predicts a substantial increase in hotel real estate supply in Vietnam, focusing on Hanoi and Ho Chi Minh City, due to new projects from 2024 to 2026.
Alan Woinski | 8 months ago
Asia-Pacific

Marriott Debuts Moxy in India

Marriott International had the pleasure of debuting their Moxy Hotels brand in India while also expanding their JW Marriott brand to the city of Surat, Gujarat.
Alan Woinski | 8 months ago
Asia-Pacific

Nomura Predicts Chinese Tourism Level for 2024

Nomura reports that China's outbound tourism faces significant recovery challenges through 2024-2025, due to eased supply constraints but hampered by economic issues and reduced consumer demand, with a forecasted recovery to 73% of 2019's travel levels by year-end.
Alan Woinski | 8 months ago