-
Asia-Pacific
Thailand Struggles to Articulate Its Gaming Strategy
A 60 member House committee in Thailand that is tasked with considering the possibility of developing Thailand’s first legal casinos continues to have trouble completing the task at hand. -
Asia-Pacific
Sri Lanka Steals Tourism Share From Maldives
The tensions with the Maldives have Indian tourists diverting to other coastal tourist destinations and Sri Lanka is already reaping the benefits, surpassing Maldives in the number of tourists for the first time. -
Asia-Pacific
Hilton Reports 42% Uptick in Asia-Pacific RevPar for Latest Quarter
Hilton reported a solid earnings report yesterday and said full year APAC RevPAR was up 587% versus 2022. It also said Beijing, Tokyo and Kuala Lumpur were standout markets for them. -
Asia-Pacific
Seibu Prince Is Creating a New Membership Program and Unifying Its Brand
Seibu Prince Hotels will offer a consolidated membership program and unify its brand identity under a single brand. -
Asia-Pacific
Fosun Explores Selling a Stake in Club Med
Fosun International was reported by Reuters to be exploring the sale of a minority stake in Club Med, targeting a valuation of US$800 million for the whole business. Reuters said Fosun has been in discussions informally with potential buyers and advisors about the sale but no firm bid has emerged. -
Asia-Pacific
Singapore’s 2023 Tourism Receipts Surpassed Forecast
The Singapore Tourism Board said tourism receipts in 2023 surpassed their forecast. This was driven by key markets such as Indonesia, China and Malaysia, the top three contributors in 2023 with 2.3 million, 1.4 million and 1.1 million visitors respectively. -
Asia-Pacific
Indians Cancelled 8,000 Bookings to Maldives
India has now slipped to the fifth position for tourist arrivals into Maldives in January, with just over 13,000 visitors. This is per the latest data from the Maldives tourism industry and is quite different than the commentary last week from the Maldives. -
Asia-Pacific
Taiwan to Get 5 New Luxury Hotels This Year
Taiwan’s travel industry expects inbound tourism to recover, with five new luxury hotels opening this first half of 2024. -
Asia-Pacific
Indian Hotels Company Signed 32 New Hotels in 2023
In 2023, the Taj brand strengthened its presence in key metro and commercial cities, including Delhi, Cochin, Dhaka, and Bhutan. Vivanta and SeleQtions collectively added 17 hotels while Ginger signed agreements for six new hotels. -
Asia-Pacific
Chinese Outbound Travel Expected to Surge to Visa-Free Destinations
China’s outbound travel bookings for the upcoming Chinese New Year holidays have surged more than 10 times compared to the previous year.