Koh Samui

Asia-Pacific

APAC Hotel Management Terms Rise to 17 Years on Average

The Hotel Management Contract Survey 2024 by JLL and Baker McKenzie found that the average term of hotel management agreements in Asia Pacific increased to 17.4 years, with varying durations by market, declining base fees, rising sales and marketing fees, and a growing focus on performance-based incentive fees and termination provisions.

Alan Woinski | 1 month ago

Asia-Pacific

IHG Debuts Garner Brand in Thailand

IHG Hotels & Resorts is expanding its presence in Thailand by introducing its new brand, Garner, and aiming to double its hotel portfolio in the country.

1 month ago

Asia-Pacific

Hyderabad and Mumbai Lead Indian Hotels’ Growth

The Indian hotel industry saw a 4.8% RevPAR growth in 2Q24, with Hyderabad leading the gains, while Mumbai hotels topped in occupancy, ADR, and RevPAR, despite a dip in overall occupancy due to summer vacations and reduced corporate travel.

Alan Woinski | 2 months ago

Asia-Pacific

Indonesia Is 17% Below Its 2019 Level of Foreign Visitation

In May, Indonesia saw a 20.1% year-over-year rise in foreign tourist arrivals to 1.15 million, with hotel occupancy reaching 54%, the highest since December 2023.

Alan Woinski | 3 months ago

Asia-Pacific

Luxury Hotel Brands Flood Into Seoul

Marriott International expands its presence in Seoul while luxury brands like Aman Group, Rosewood Hotels & Resorts, and IHG Hotels & Resorts are also entering the South Korean market.

Alan Woinski | 5 months ago

Asia-Pacific

Centara Aims to Be a Global Hotel Operator

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.

Alan Woinski | 7 months ago

Asia-Pacific

Minor Hotels’ Plans to Grow Portfolio

Strong RevPAR growth observed in China, Singapore, and India, indicating recovery and resilience in the Asian hotel industry. Minor Hotels plans significant expansion across multiple countries, capitalizing on pent-up demand and strategic partnerships. Radisson Hotel Group signs multiple new hotels in India, while ITC considers a potential demerger of its hotel business, reflecting evolving strategies in the market.

Alan Woinski | 1 year ago

Asia-Pacific

Hong Kong Sees 1 Million Visitors for First Time Since 2019

The Hong Kong Tourism Board announced Hong Kong saw a provisional visitor arrival of 1.462 million in February, three times what arrived in January. Indian Hotels Company announced the opening of Ginger Chennai, OMR in Tamil Nadu in India. The World Trade Center Association and the Merlin Group have partnered to develop a World Trade Center in the Nabadiganta Industrial Township Authority area, Salt Lake, West Bengal.

Alan Woinski | 2 years ago

Asia-Pacific

Pan Pacific Hotels to Double Serviced Suites Portfolio

Pan Pacific Hotels Group announced it will double its serviced suites portfolio in 2023. Mandarin Oriental Hotel Group announced it will manage a new resort with branded residences in Phu Yen province, one of Vietnam’s coastal regions. InterContinental Khao Yai Resort in Thailand has unveiled 19 Suites and Villas, housed within repurposed heritage railcars marking the final phase of its opening journey.

Alan Woinski | 2 years ago

Asia-Pacific

Lockdowns and Testing in Shanghai, Wuhan and Macau

Shanghai ordered mass testing of all 1.3 million residents amidst another lockdown, Wuhan locked down 900,000 people for at least five days, while in Macau the MGM Cotai casino resort was locked down after a dealer tested positive. The hospitality sector in India  is looking at rapidly adding managed hotels to its portfolio. Hong Kong -based Langham Hospitality Group has launched an upper midscale brand called Ying’nFlo .

Alan Woinski | 2 years ago