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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.
Asia-Pacific

Macau Set to Gain Over 4,000 New Hotel Rooms

Macau had 2,928 hotel rooms under construction by the end of 2024, with a total of 4,229 potential new rooms if all planned projects are approved.
Asia-Pacific

Banyan Group's 100th Property Will Be in Singapore

Banyan Group is expanding globally with its 100th resort debuting in Singapore, new openings in Tanzania and the Dominican Republic, and record multi-brand growth across Asia, including highlights in Japan.
Asia-Pacific

Minor Plans to Float a REIT in 2025

Minor International plans to reduce $7 billion in liabilities by launching a real estate investment trust, while expanding its global hospitality portfolio, including new ventures in Japan and Singapore.
Asia-Pacific

IHG Plans Aggressive Growth in India and Vietnam

IHG Hotels and Resorts is expanding aggressively in Vietnam and India, aiming to significantly grow its luxury, premium, and midscale hotel portfolios across key destinations.
Asia-Pacific

Wyndham to Soon Open 300th Franchise in China

Wyndham Hotels & Resorts, the largest U.S.-based hotel company in China, has signed nearly 600 franchise agreements and opened almost 300 hotels in China over five years.
Asia-Pacific

Hyatt Has a New Joint Venture to Help Boost China Presence

Hyatt and China Resources Land have formed a joint venture to expand Hyatt’s hotel presence across Greater China, focusing on asset-light growth and developing several new and existing properties.
Asia-Pacific

Wyndham and Kamah Sign $70M Multi-Hotel Deal

Kamah Hotels & Resorts has partnered with Wyndham Hotels & Resorts in a $70 million deal to develop four new hotels in Dubai and India, focusing on luxury and wellness hospitality under the Trademark Collection by Wyndham brand.
Asia-Pacific

Macau Expects Fewer Visitors for China's Golden Week

China's Golden Week started with 96,671 visitors to Macau on Monday, and despite last year's high numbers, the tourism office predicts a lower daily average of 100,000 arrivals from October 1-7.