India Leads APEC Hotel Construction Pipeline
India leads the APEC construction pipeline with 940 projects/124,011 rooms. Plus, more hotel deal and development news from APAC.
Gold Coast
Australia Hotel Markets See Growth Through 2030
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.
Japan Inbound Tourism Falls as China Arrivals Drop Further
Japan saw inbound visitation fall by 4.9% in January, as arrivals from China fell by 61%. Plus, hotel deal and development news.
Everhome Suites Expands U.S. Footprint
Hotel sector busy with Ryman acquiring JW Marriott Desert Ridge and Choice Hotels opening six Everhome Suites.
Marriott to Manage First Autograph Collection Property in the Philippines
Marriott expands with Sydney Parramatta hotel, converts The Farm at San Benito into Philippines' first Autograph Collection resort.
Hilton to Open a Nomad in Singapore
Hilton partners with UOL Group to bring the first NoMad hotel to Singapore, opening on Orchard Road in 2027.
Thailand Expects 38 Million Tourists Despite Myanmar Earthquake
Thailand’s tourism ministry is maintaining its forecast for foreign tourist arrivals at 38 million for 2025.
Wyndham Continues to Expand Across Asia Pacific
Wyndham Hotels & Resorts expanded rapidly in Asia Pacific in 2024, adding 220 new hotels and signing 286 contracts, with 9% net room growth.
Travel Industry Deals Declined in 2024
Global travel and tourism sector deals declined by 4.3% in 2024, with private equity deals rising, M&A deals slightly increasing, and venture financing deals dropping, while Europe saw growth and other regions faced declines.
Marriott Pipeline Includes 260 Luxury Properties
Marriott International is expanding its luxury portfolio with new brand extensions, experiential travel offerings, and over 260 properties in development, solidifying its leadership in high-end hospitality.