Suzhou

The Nation reported hotels in Thailand expect occupancy rates to start picking up in the second half of this year. China lifting restrictions is playing a big part in that projection. AC Hotels by Marriott announced its brand debut in Greater China with the opening of AC Hotels by Marriott Suzhou . OUE Limited and OUE Commercial REIT Management announced the reopening of the 446-room Orchard Wing at Hilton Singapore Orchard .

Sri Lanka Tourism outlined key strategies to double the arrivals to 1.5 million and generate an income of over $5 billion highlighting the sector as a major economic driver. The number of international tourists arriving in Vietnam reached 596,900 in November, the highest monthly total since the start of the Covid-19 pandemic. Marriott International announced the opening of Le Meridien Seoul Myeongdong  and Moxy Seoul Myeongdong , showing how they continue to expand their lifestyle offering in Seoul, South Korea .

Bloomberg said Fosun is also considering strategic options for French luxury resort chain Club Med SAS and could seek a value of about $1.5 billion for the business. Shanghai Disney Resort remains closed, two weeks after Covid-19 cases caused operations to cease. Marriott International announced plans to expand its select service portfolio in Greater China with the expected addition of 30 hotels in the segment by the end of 2023.

Chinese authorities signaled a move to ease international travel requirements, just a couple of days after President Xi reiterated his Zero-Covid policy. Four Seasons Hotels and Resorts and Sun Hung Kai Properties announced plans for a new Four Seasons hotel in historic Suzhou, China . Marriott International’s Ritz-Carlton brand announced the Ritz-Carlton, Melbourne will open its doors in the first quarter of 2023.

The number of international tourists to Cambodia  is expected to reach the pre-Covid-19 pandemic level in 2026. Indian Hotels  and other hospitality firms in India have said they are eyeing price rate hikes. IHCL recently went back on that, saying the price hikes will have to wait until November. Hyatt Hotels Corp  announced the opening of Hyatt Centric Sector 17 Chandigarh, marking the debut of the Hyatt Centric brand there.