Tokyo

Asia-Pacific

Singapore Hotels Hit 80% Occupancy Rates

Singapore hotels maintain high occupancy rates despite rising costs, smaller room sizes, and surging prices, with future growth expected to slow due to limited new supply.

Alan Woinski | 1 week ago

Asia-Pacific

IHG Expands Into Key Indian Leisure Destinations

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.

Alan Woinski | 2 weeks ago

Asia-Pacific

Grand Nikko Tokyo Daiba Sold for $691 Million

TPG Angelo Gordon, in partnership with Kenedix, is purchasing the Grand Nikko Tokyo Daiba hotel from Hulic Co. for $691 million as part of its strategy to invest in opportunistic real estate in Asia.

Alan Woinski | 1 month ago

Asia-Pacific

Australia Marks Record Inbound and Outbound Tourism Growth

Australians are traveling in record numbers in 2024, with significant growth in both outbound and inbound tourism, particularly between Indonesia, Japan, and China.

Alan Woinski | 2 months ago

Asia-Pacific

India Hotel Investments Rebound to Pre-Covid Levels

The Indian hospitality industry is experiencing strong investment growth in greenfield hotel developments, particularly in tier 2 and 3 cities, with investments rebounding to pre-Covid levels and expected to surge further in 2024.

Alan Woinski | 2 months ago

Asia-Pacific

Asia’s Largest Hard Rock Hotel Will Open in Malaysia

Asia's largest Hard Rock Hotel will open in 2027 at Genting Highlands' King's Park, featuring 1,001 rooms and various amenities as part of a larger entertainment and business district project.

Alan Woinski | 2 months ago

Asia-Pacific

Business Travel Grows in APAC

Strong passenger demand, in-person events, and positive industry momentum are driving business travel growth, with global passenger demand up 9.1%, hotel occupancy nearing 70%, and steady travel demand expected through the next quarter.

Alan Woinski | 3 months ago

Asia-Pacific

Thailand Projects 50 Million Visitors by 2028

Thailand is expected to reach pre-pandemic tourism levels of 40 million arrivals this year and potentially 50 million by 2028, contingent on avoiding global or local crises – not to mention whether or not they add casinos.

Alan Woinski | 4 months ago

Asia-Pacific

Chinese Hotel Chains Expand into Southeast Asia

Domestic Chinese hotel chains are expanding internationally, with notable investments in Malaysia, Japan, South Korea, and Southeast Asia, driven by the rising number of Chinese travelers.

Alan Woinski | 4 months ago

Asia-Pacific

Japan Considers Lodging Tax to Address Tourism Surge

In Japan, local governments are considering and implementing lodging taxes to manage overtourism, despite opposition from hotel businesses fearing loss of guests to neighboring areas.

Alan Woinski | 4 months ago