Tokyo

Hotel investment in the Asia Pacific region is rising, with Japan, Singapore, and Australia leading interest, while investors shift focus to upscale segments and await interest rate clarity.

December 2024 saw strong RevPAR growth across Asia Pacific, with Vietnam, Japan, Thailand, and India leading the region, signaling a positive trend for 2025.

In 2024, Thai luxury hotels experienced significant year-on-year increases in average daily rates and occupancy across key tourist cities.

Despite a single-day post-Covid high, Macau's Golden Week visitor arrivals are down year-over-year, with Mainland China visitation seeing a significant decline.

The ALIS Conference reflected cautious optimism about the hotel industry's future, with hopes for policy changes, modest RevPAR growth, transaction market challenges, and a suggestion that Taylor Swift could boost travel demand.

Macau's hotel occupancy rate rose to 86.4% in 2024, with five-star hotels leading at 88.6%, despite a decline in available guest rooms.

OYO plans to add 500 hotels in key religious hubs across India this year, focusing on high-quality accommodations for pilgrims and visitors.

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.

Japan’s booming tourism, driven by a weak yen and rising demand, has pushed hotel costs so high that even business travelers are priced out, prompting shifts to alternatives like Airbnb and further tax hikes in places like Kyoto.

YOTEL opened its first Japanese hotel in Tokyo’s Ginza and plans further growth across Asia and the Middle East, while The Standard launched its Singapore property offering stylish rooms, a rooftop pool, and signature dining.