Jeju

China's hotel construction pipeline reached 3,853 projects with 703,312 rooms in Q3 2024, showing steady growth, with significant openings forecast for 2025 and 2026.

In Japan, local governments are considering and implementing lodging taxes to manage overtourism, despite opposition from hotel businesses fearing loss of guests to neighboring areas.

Hilton announced the signing of 11 new properties in Thailand, Indonesia, and Vietnam, including the debut of the Tapestry Collection by Hilton in Southeast Asia.

Centara Hotels & Resorts announced its expansion plans at ITB Berlin. Their sustainable strategy is to introduce its style of family-centric hospitality to multiple new markets, striving to become one of the planet’s top 100 hotel operators by 2027.

Deutsche Hospitality has undergone a rebranding and is now known as H World International. The strategic move is aimed at bolstering the global expansion efforts of its parent company, H World,

Summer travel bookings on Trip.com have surpassed 2019 levels, with intra-regional travel leading the way and significant increases in Asia and European markets. Top booked cities in Asia include Bangkok, Seoul, Tokyo, Hong Kong, and Taipei , while European users show interest in hotels in Asian and Middle Eastern destinations such as Bali, Dubai, Bangkok, Hong Kong, and Marrakech. Forecasts by the Pacific Asia Travel Association (PATA) indicate strong growth in international visitor arrivals across Asia Pacific destinations, although full recovery is expected to vary by scenario and region, with China projected to reach pre-pandemic volumes by 2024.

Chinese hotels experience 20% increase in revenue per available room compared to pre-pandemic levels Domestic tourism boom and successful virus containment measures contribute to the rise in hotel occupancy and revenue High-end and luxury hotels see the most significant growth in revenue per available room, with some reporting up to a 50% increase