Macau

International arrivals in the Asia Pacific region saw growth in 2022, reaching the strongest level since 2019, with the Pacific region having the highest growth rate. Macau received over five million visitors from Hong Kong in the first nine months of the year, nearing 2019 levels. Radisson Hotel Group announced the rebranding of Fridays Boracay into a Radisson Collection Resort, marking their entry into Boracay, Philippines.

Marriott expands into CNMI with the first Marriott hotel in the Northern Marianas Islands in 2025, partnering with Honest Profit International Ltd for management. YOHO Treasure Island Resorts World Hotel in Macau announces its official opening after a four-month soft opening period, offering 600 rooms initially, and Melia Hotels International plans to open ME by Melia hotel in Guangzhou, Asia Pacific, in 2027. DigiPlus Interactive Corp backpedals on plans to develop land in Boracay, Philippines, after a public dispute with former partner Galaxy Entertainment Group.

Samaras Construction plans to build a high-end hotel in Adelaide, Australia, featuring 175 luxurious rooms, a lavish lobby, a hotel-style bar, and a restaurant. Pan Pacific Perth is undergoing a $50 million refurbishment of its luxury hotel and convention spaces in Adelaide, including guest rooms, suites, and convention facilities. Keppel has completed the divestment of Sedona Hotel Yangon in Myanmar for $57.4 million, while Galaxy Entertainment Group is not re-entering a resort project in the Philippines.

Macau's Golden Week holiday saw a surge in visitors, with over 932,000 arrivals and high hotel occupancy rates, mainly driven by mainland Chinese tourists. Indonesia plans a significant expansion in its tourism sector, aiming to attract up to $8 billion in investments for specific destinations. Several new hotel properties by Accor and Hilton are announced in countries including Australia, Vietnam, Sri Lanka, and Malaysia.

Macau's Golden Week visitation exceeded expectations, with 769,000 people visiting in the first six days. RKM Enterprises opened Ramada by Wyndham Goa in North Goa with various amenities. Radisson Hotels Group plans to introduce its top luxury "Radisson Collection" in India and expand the Radisson RED brand in the country.

Philippines sees over 4 million foreign tourist arrivals in 9 months, exceeding tourism spending targets. Thailand's visa-free travel policy for Chinese tourists results in a 30% increase in hotel bookings, approaching 2019 levels. Various developments in the hotel and tourism industry, including a new skyscraper in Tokyo and changes in travel intentions worldwide.

In Vietnam, foreign tourist arrivals for the first nine months of 2023 increased significantly by 4.7 times compared to the previous year, with a 13.4% decrease in September from August. Cambodia witnessed a 251% year-on-year increase in foreign visitors for the first eight months of the year, targeting 4.5 to 5 million arrivals in total for the year. Macau's visitor arrivals during Golden Week exceeded 150,000 on the third day, with plans for Galaxy Macau Phase 4 to open in 2026 with fewer hotel rooms than initially planned.

Global hotel businesses are rebounding to pre-pandemic levels except in Asia-Pacific. Vietnam lags in recovery with reduced Chinese tourism and increased flight costs, despite aggressive hotel development since 2016. Macau's August hotel occupancy averaged 88.7%, with significant visitor growth during the Golden Week, particularly from mainland China, showing signs of a robust recovery to near 2019 levels. Wyndham Hotels unveils its first Auckland hotel, Espire Hospitality launches the ZANA Forest Resort in India, and Ascott Limited partners with Vimut Hospital in Thailand to offer combined lodging and healthcare benefits.

Macau hotels experience high demand during Golden Week, with standard rooms sold out for at least three nights at 22 casino-associated properties, some offering rooms at around US$400 per night. Samhi Hotels raises Rs 1,370 crore through an IPO, with plans to use the proceeds for debt repayment and corporate purposes, resulting in a 7% trading increase from the IPO price. Blue Chandra Pte Ltd. also sells 50% of its equity holdings in SAMHI. Marriott International opens a Four Points by Sheraton resort in the Philippines and rebrands Le Meridien Phuket Mai Khao Beach Resort in Thailand, while Hilton debuts the Hilton Maldives Amingiri Resort & Spa. Hyatt announces the construction of the Hyatt House South Melbourne in Australia for a 2025 opening.

The World Travel & Tourism Council predicts that it will take about a year for popular tourist destinations worldwide to see a significant return of Chinese visitors, with challenges like visa and passport difficulties slowing the process. IPK's survey indicates a strong travel recovery from China, particularly to Europe, in 2024, with around 50% of respondents planning to travel abroad in the next year. Europe is the preferred destination, while travel to the US is less frequent due to limited flight options and geopolitical factors. Dusit International announces the launch of two new hotel brands, Dusit Collection and Devarana – Dusit Retreats, aiming to offer unique and authentic travel experiences and expand into untapped markets. Additionally, Lemon Tree Hotels opens a new property in Haridwar, Uttarakhand, featuring suites and rooms, a restaurant, bar, banquets, and a fitness center.