Manila

Asian hospitality updates: Macau hotel occupancy rises, new openings in China/Japan, casino developments across region.

Fliggy forecasts strong Dragon Boat Festival travel rebound while Accor transforms Shanghai's Peace Hotel into Raffles.

The heirs of Dusit Thani’s founder refused to approve audited 2024 financial statements, delaying auditor appointments and triggering a trading suspension.

STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.

Marriott expands with Sydney Parramatta hotel, converts The Farm at San Benito into Philippines' first Autograph Collection resort.

Recent hotel industry updates include new properties, international tourism growth, and executive appointments across Asia-Pacific and India.

Marriott CEO Anthony Capuano highlighted the company's strong growth in India, emphasizing local decision-making, expansion into smaller cities, increased female employment, and reducing bureaucratic and travel barriers to boost international tourism.

India's organized hotel industry is set to exceed 3 million rooms by 2029, driven by religious tourism, rising incomes, infrastructure projects, and major airport developments.

OYO plans to add 500 hotels in key religious hubs across India this year, focusing on high-quality accommodations for pilgrims and visitors.

Colliers Philippines advises local hotel developers to partner with foreign brands to capitalize on tourism growth and airport modernization in the country.