Vietnam experienced a 30% increase in international tourist arrivals in 1Q25, year-over-year. That puts it sixth globally and first in the APAC region. Plus hotel development news...
Vingroup Corporation started construction of Lang Van resort at the foot of Hai Van pass (DaNang, Vietnam) with an investment capital reported at about $1.6 billion USD.
Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.
Tourism is booming across Asia with hotels reporting high bookings for May Day Golden Week and companies like Ascott Limited expanding their portfolios. Thailand said it would continue its subsidy scheme for domestic tourists during the low season.