Mandarin Oriental Hotel Group announced its entry into South Korea with the development of a new luxury hotel in Seoul, set to open in 2030. Plus more deal and development news.
In New Zealand, only visitation from the U.S. has returned to pre-pandemic levels, but hotel supply is 13% above 2019's levels. That plus more hotel deals and development news.
Thailand has cut its forecast for foreign tourist arrivals this year to 33 million, down from a hoped for 37 million and down from the nearly 40 million foreign visitors recorded in 2019.
Chengdu has the greatest number of projects in China's total hotel construction pipeline, with 25,331 rooms under construction. Outside of China, India has the most hotel rooms under development (99,195 rooms) in Asia Pacific.
The Maldives welcomed 1.29 million tourists by July 2025, marking a 9.5% increase year-on-year, with strong off-season growth. Read on for APAC hotel deal and development news.