Phuket

Asia-Pacific

Growth Disparity in Asia-Pacific Hotel Markets

CoStar's STR reports uneven growth across Asia-Pacific markets in 2024, with Japan and Vietnam showing the strongest potential for continued growth.

Alan Woinski | 6 days ago

Asia-Pacific

Indonesia Imposes Bali Hotel Construction Ban

Indonesia has imposed a moratorium on hotel and nightclub construction in Bali to curb overdevelopment and protect the island’s culture and environment.

Alan Woinski | 1 month ago

Asia-Pacific

Asia-Pacific’s Record Hotel Pipeline – Minus China

India, Vietnam, Indonesia, Thailand, and Japan lead this quarter’s hotel construction pipeline in the APEC region. China doesn’t make an appearance.

Alan Woinski | 2 months ago

Asia-Pacific

Wyndham’s Record Room Growth in Asia Pacific

Wyndham Hotels & Resorts achieved record growth in Asia Pacific in the first half of 2024, signing over 120 hotels and opening 74 new ones, with an 8% year-on-year net room growth.

Alan Woinski | 2 months ago

Asia-Pacific

Amex Reports on Thai Travel Plans for 2024

The majority of Thais plan to travel more this year, favoring bucket list trips and domestic destinations like Chiang Mai and Phuket, with Japan as the top international choice.

Alan Woinski | 2 months ago

Asia-Pacific

Thailand Extends Hotel Fee Waiver to Boost Tourism

Thailand's cabinet extended a waiver on operating fees for hoteliers for two more years to support the tourism sector's recovery from Covid-19.

Alan Woinski | 4 months ago

Asia-Pacific

Hilton Expands in Southeast Asia With 11 New Hotels

Hilton announced the signing of 11 new properties in Thailand, Indonesia, and Vietnam, including the debut of the Tapestry Collection by Hilton in Southeast Asia.

Alan Woinski | 4 months ago

Asia-Pacific

ITC Shareholders Okay Hotel Spin-Off

ITC shareholders approved the company's plan to spin off its hotel business, retaining a 40% stake, with overwhelming support from minority shareholders.

Alan Woinski | 4 months ago

Asia-Pacific

APAC Hotel Construction Pipeline Rises 7% Year-Over-Year

The Q1 2024 Hotel Construction Pipeline Trend Report shows significant growth in the Asia Pacific region's hotel construction, with a 7% increase in projects and a 2% increase in rooms year-over-year, led by India, Vietnam, and Indonesia.

Alan Woinski | 5 months ago

Asia-Pacific

Gaming in Thailand Wouldn’t Bring Immediate Benefits to Hotels

Maybank Securities forecasts significant revenue potential for Thai gambling complexes, but warns of initial profitability challenges and limited tourism industry benefits.

Alan Woinski | 6 months ago