Indonesia

Asia-Pacific

Minor Expands Its Asia Strategy

Minor Hotels Group aims to expand to over 1,000 hotels globally by 2028, focusing on Asia, especially China and India, through an asset-light strategy and franchising.
Alan Woinski | 2 weeks ago
Asia-Pacific

Asia-Pacific Hotel Pipeline Hits a Record High

Hotel construction in the Asia-Pacific region (excluding China) reached record highs in Q3 2024, with India, Vietnam, and Thailand leading the market, and a robust forecast for new openings through 2026.
Alan Woinski | 3 weeks ago
Asia-Pacific

Leela Owner Files for an IPO

Schloss Bangalore, owner of The Leela hotel chain, has filed for a US$599 million IPO to fund expansion and debt repayment, with Morgan Stanley, BofA Securities, JPMorgan, and Citi managing the issue.
Alan Woinski | 2 months ago
Asia-Pacific

Philippine Hotel Pipeline Reaches 40,000 Rooms

The 2024 Philippines Accommodation Pipeline Report reveals 158 accommodation projects with 40,084 rooms in development, with Luzon leading, followed by Visayas and Mindanao, which is noted as an underserved market.
Alan Woinski | 2 months ago
Asia-Pacific

Indonesia Imposes Bali Hotel Construction Ban

Indonesia has imposed a moratorium on hotel and nightclub construction in Bali to curb overdevelopment and protect the island’s culture and environment.
Alan Woinski | 3 months ago
Asia-Pacific

Philippines Holds on to 2024 Tourist Targets

The Philippines aims for 7.7 million tourists in 2024 despite challenges, with South Korea as the top source market and a significant increase in visitor receipts this year.
Alan Woinski | 3 months ago