More than 62% of Thai operators surveyed expect long-haul guests to decline by more than 10% in Q2 2026. Plus, more hotel deal and development news from APAC.
Hilton Grand Vacations opened its first Kyoto resort as STR reported China hotel RevPAR rose 4.9% for the week ended March 14. Plus, more hotel deal and development news.
Radisson Hotel Group signs six hotels in India, Fiji and Tajikistan, as the Philippines moves to abolish its departure travel tax. Plus, more hotel deal and development news.
Mandarin Oriental Hotel Group announced its entry into South Korea with the development of a new luxury hotel in Seoul, set to open in 2030. Plus more deal and development news.
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Plus more deal and development news.