Mumbai

Asia-Pacific

IHG Plans Aggressive Growth in India and Vietnam

IHG Hotels and Resorts is expanding aggressively in Vietnam and India, aiming to significantly grow its luxury, premium, and midscale hotel portfolios across key destinations.
Asia-Pacific

Hilton Sets APAC Target of 1,000 Properties

Hilton plans to double its focused service presence in Asia Pacific by expanding its mid-market hotel portfolio to over 1,000 properties, with ongoing regionalized brand initiatives and franchising expansion in key markets.
Asia-Pacific

Marriott Opens a Second St. Regis in Shanghai

Marriott's St. Regis brand has opened its 60th global property, The St. Regis on the Bund, Shanghai, offering luxury accommodations, butler service, and multiple dining and wellness amenities.
Asia-Pacific

China’s Golden Week May Exceed Expectations

Golden Week saw a significant boost in tourism in China, with passenger trips and travel orders surpassing pre-pandemic levels, reflecting growing confidence in the economy.
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.
Asia-Pacific

Business Travel Grows in APAC

Strong passenger demand, in-person events, and positive industry momentum are driving business travel growth, with global passenger demand up 9.1%, hotel occupancy nearing 70%, and steady travel demand expected through the next quarter.
Asia-Pacific

Banyan Tree Debuts in Japan

Banyan Group has launched its first Banyan Tree hotel in Japan, located in Kyoto, and plans further expansion with four additional properties in development.
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.