Shanghai

Thailand leads the Asia branded residences market with a 23.3% share, Phuket has the most units, and Singapore buyers dominate the region.

Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment.

Asset World Corp partnered with Melia Hotels International to open the 234-room Melia Pattaya Hotel as part of a 30 million baht investment in Pattaya, featuring eco-friendly development, job creation, and luxury amenities.

Centara Hotels & Resorts has rebranded its boutique collection as The Centara Collection, featuring unique, one-of-a-kind properties in Thailand and the Maldives, including the newly renamed Machchafushi Island Resort & Spa Maldives.

Hilton has opened its 100th Hilton Garden Inn in Greater China and plans to expand into cities like Shanghai, Tianjin, Chengdu, Suzhou, and tourist destinations such as Zhangjiajie and Huangshan by 2025.

Minor Hotels Group aims to expand to over 1,000 hotels globally by 2028, focusing on Asia, especially China and India, through an asset-light strategy and franchising.

IHG Hotels and Resorts is expanding in India with the Holiday Inn Resort Dharamshala opening in 2027 and the InterContinental Kodaikanal Resort debuting in 2028, featuring luxury amenities and strategic leisure offerings.

China's hotel construction pipeline reached 3,853 projects with 703,312 rooms in Q3 2024, showing steady growth, with significant openings forecast for 2025 and 2026.

Hyatt Hotels plans to expand its Asia-Pacific portfolio by 67% with over 200 new hotels to meet rising demand from young, affluent travelers.

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.