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Asia-Pacific
China Limits Inbound Visas for Countries That Require Covid Tests four Outbound Chinese
The Chinese Embassy in South Korea has suspended issuing short-term visas for South Korean visitors. This is considered the first retaliatory move against nations imposing Covid-19 curbs on travelers from China. The newly inaugurated Fushoushan Farm Guesthouse in Taiwan is fully booked for the Lunar New Year and 228 Peace Memorial Day holidays. Marriott International’s Tribute Portfolio continues to expand its footprint in Singapore with the opening of The Serangoon House . -
Asia-Pacific
Swire Hotels Plans to Expand The House Collective
CoStar published an article on Swire Hotels and its plans to expand The House Collective to destinations like Tokyo and Shenzhen Bay in China. Pullman Orchard is expected to open its doors within the next month, located in the heart of Orchard Road in Singapore . Banyan Tree Group said they continue to expand one of their latest brand concepts, Homm, with two new properties. -
Asia-Pacific
Japan Tourism Numbers Are Finally Going Up
The number of foreign visitors to Japan rose to nearly 500,000 in October, the first month it fully reopened to overseas visitors after more than two years of being closed due to Covid restrictions. Visitor arrivals to Macau in October totaled 580,333, up just 4% from September despite October being a month with a Golden Week. Radisson Hotel Group is planning to grow its portfolio in India from 140 hotels to 200 in FY24. -
Asia-Pacific
Covid Cases in China Spur Multiple Lockdowns
The rumors about Covid in China have reached epic proportions including 20,000 people testing positive at the Foxconn plant, thousands of holidaymakers locked in Shanghai Disney and more. Marriott International announced the signing of an agreement with Australian property developers Pelligra Group and Giannarelli Group . IHG Hotels & Resorts has officially opened its first Crowne Plaza Resort in Micronesia. -
Asia-Pacific
Asia Is Open but Recovery Is Slow
The Wall Street Journal published an article on how Asia Pacific may have reopened to tourism, but the recovery is slow . Oyo Hotels filed new financial documents with the Securities and Exchange Board of India. Japan plans to resume visa-free air tickets in October and Taiwan plans to open its borders from mid-to-late October. -
Asia-Pacific
Singapore Eases Rules for Same-Day Visitors
The Singapore government said indoor masks will no longer be mandatory from August 29 on and that masks will only be worn in medical facilities and on public transport. The bigger… -
Asia-Pacific
Waning Covid Spurs Some YoY Growth in China
STR said things really improved in China following the belief that the Covid outbreaks were over. Hotel RevPAR for the week ended July 30 th in China was up 8.5% year over year while down only -10.3% versus the same week in 2019. Travelers from Japan, Taiwan and Macau will be temporarily allowed to enter South Korea without a visa this month. Baring Private Equity Asia announced its affiliated real estate funds completed the acquisition of the Sydney Hilton hotel for A$530 million.