Nha Trang

CoStar said Phu Quoc's hotel occupancy exceeded 90% in early 2026, closing the gap with Southeast Asian rivals Bali and Phuket. Plus, more hotel deal and development news.

Thailand's tourist arrivals fell 7% to 32.6M through Dec. 28, hurt by Chinese actor abduction, Myanmar quake, flooding and stronger baht. Plus more hotel deal and development news.

Ennismore signed a deal with Thailand’s Platinum Group to introduce the Mama Shelter brand to Bangkok around 2029. Plus, more hotel development news.

Thailand's Ministry of Tourism and Sports delays tourist fee until 2026, citing external uncertainties and tourism demand assessment.

International tourism revenue in India soared to $36.8 billion in 2024, marking a 9% increase above pre-pandemic levels.

Singapore's hotel demand is strong, but profitability is under pressure due to labor and rate constraints, with Marina Bay leading performance.

Minor International plans to reduce $7 billion in liabilities by launching a real estate investment trust, while expanding its global hospitality portfolio, including new ventures in Japan and Singapore.

Las Vegas Sands increased the Marina Bay Sands expansion budget to US$8 billion for a new fourth tower with its own casino, luxury suites, arena, and more, with construction starting in mid-2025 and opening in 2031.

Hyatt and China Resources Land have formed a joint venture to expand Hyatt’s hotel presence across Greater China, focusing on asset-light growth and developing several new and existing properties.

Hyatt has launched Alila Shanghai in the Jing'an area, marking the first Urban Alila Resort-style hotel in Greater China, featuring 186 rooms, luxury amenities, and exclusive access to Zhangyuan.