Asia-Pacific
The Peninsula's Parent Company Seeks a New CEO
The Philippine Department of Tourism achieved over 5 million international visitors in 2023, nearing pre-pandemic levels, with a focus on their National Tourism Development Plan 2023-2028.
China's tourism rebound is driven by domestic demand, though sustainability into the next year is uncertain.
The Hongkong and Shanghai Hotels announced executive changes effective 2024, with a formal search for a new CEO.