Kuala Lumpur

Asia-Pacific

Singapore Hotels Hit 80% Occupancy Rates

Singapore hotels maintain high occupancy rates despite rising costs, smaller room sizes, and surging prices, with future growth expected to slow due to limited new supply.

Alan Woinski | 7 days ago

Asia-Pacific

China’s Hotel Pipeline at Q3 2024

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.

Alan Woinski and Kim Woinski | 3 weeks ago

Asia-Pacific

Hyatt’s Standard Acquisition Adds Properties in Bangkok and Singapore

Hyatt Hotels Corporation has acquired Standard International's brands, expanding its asset-light portfolio in Asia with upcoming properties such as The Standard, Singapore, and The StandardX in Bangkok Phra Arthit, along with Standard Residences under development in Phuket and Hua Hin.

Alan Woinski | 2 months ago

Asia-Pacific

India Hotel Investments Rebound to Pre-Covid Levels

The Indian hospitality industry is experiencing strong investment growth in greenfield hotel developments, particularly in tier 2 and 3 cities, with investments rebounding to pre-Covid levels and expected to surge further in 2024.

Alan Woinski | 2 months ago

Asia-Pacific

Oberoi Family Fight Hasn’t Stopped Hotel Growth

EIH Ltd plans to build new hotels in Pune and London, while facing a legal family dispute over the company.

Alan Woinski | 3 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 | 3 months ago

Asia-Pacific

Japan Sets New Visitor Record for Second Consecutive Month

Japan set a new monthly record of 3.29 million foreign visitors in July, driven by the weak yen and summer holidays.

Alan Woinski | 3 months 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 | 3 months ago

Asia-Pacific

Thailand Projects 50 Million Visitors by 2028

Thailand is expected to reach pre-pandemic tourism levels of 40 million arrivals this year and potentially 50 million by 2028, contingent on avoiding global or local crises – not to mention whether or not they add casinos.

Alan Woinski | 4 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 | 5 months ago