Japan

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 days ago
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.
Alan Woinski | 4 days ago
Asia-Pacific

Philippines Targets 120,000 New Hotel Rooms by 2028

The Philippines' Department of Tourism plans to add over 120,000 hotel rooms by 2028 to meet rising tourism demand, aiming for 456,000 rooms to accommodate projected arrivals of 11.5 million tourists.
Alan Woinski | 1 month ago
Asia-Pacific

Philippines Adds 40,000 Hotel Rooms

Leechiu Property Consultants reported 158 new hotel projects across the Philippines, adding 40,084 rooms, with full recovery in foreign arrivals expected by 2026, generating PHP250 billion in investments and 57,000 jobs.
Alan Woinski | 1 month 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

Thai Hotel Bookings to Surpass 2019 Levels

Krungthai Bank's research unit predicts Thailand's hotel industry to surpass pre-Covid levels this year, driven by strong domestic tourism growth, despite international arrivals still lagging behind 2019 figures.
Alan Woinski | 2 months ago
Asia-Pacific

Business Travel Grows in APAC

Strong passenger demand, in-person events, and positive industry momentum are driving business travel growth, with global passenger demand up 9.1%, hotel occupancy nearing 70%, and steady travel demand expected through the next quarter.
Alan Woinski | 2 months ago