Hong Kong

Asia-Pacific

Shanghai Will Get a Mirage by MGM Hotel

Tishman Speyer partners with Diaoyutai MGM Hospitality to open Mirage by MGM Shanghai in 2027 within a new mixed-use tower at The Springs, featuring luxury rooms and upscale amenities.
Asia-Pacific

China Announces New Visa-Free Entry Rules

China introduces 15-day visa-free entry for citizens of six European countries, extending from March 14 to November 30, alongside existing visa agreements with other nations.
Asia-Pacific

Hyatt Unveils Tokyo Shibuya Hotel

Hyatt Hotels Corporation announced the opening of Hyatt House Tokyo Shibuya. They reached an agreement with Tokyu Land Corporation earlier in the month for the 126-room hotel which includes 18 suites.
Asia-Pacific

Data on the Return of Chinese Outbound Travelers

Chinese travelers flocked to tourist hotspots across Asia over the Lunar New Year break, with visitor numbers and spending in destinations including Singapore, Thailand, and Malaysia exceeding pre-Covid levels.
Asia-Pacific

China's Hotel Construction Pipeline Hits Record High

According to the latest China Construction pipeline Trend Report from Lodging Econometrics, China’s hotel construction pipeline ended 2023 with record-breaking project and room counts
Asia-Pacific

Indians Cancelled 8,000 Bookings to Maldives

India has now slipped to the fifth position for tourist arrivals into Maldives in January, with just over 13,000 visitors. This is per the latest data from the Maldives tourism industry and is quite different than the commentary last week from the Maldives.
Asia-Pacific

Oyo Said to Seek $400 Million Fundraise

Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round for OYO Hotels & Homes Pvt.