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.
By expanding its exclusive Centara Grand and Centara Reserve brands, the group is advancing its goal to be a top 100 hotel company worldwide by 2027. And other hotel news.
Tourism is booming across Asia with hotels reporting high bookings for May Day Golden Week and companies like Ascott Limited expanding their portfolios. Thailand said it would continue its subsidy scheme for domestic tourists during the low season.
Ayala Land Inc. plans to invest over $500 million in expanding its hotel portfolio to 8,000 rooms by 2030, focusing on new developments, international partnerships, and upgrading existing properties.
Visitor arrivals to the Philippines increased in January, with South Korea remaining the top source despite a decline, while Cambodia expects more Chinese tourists in 2025.