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Asia-Pacific

India to Add One Million Hotel Rooms by 2029

India's organized hotel industry is set to exceed 3 million rooms by 2029, driven by religious tourism, rising incomes, infrastructure projects, and major airport developments.
Asia-Pacific

Asia-Pacific Hotel Market Ended 2024 Strong

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

Golden Week Visitors to Macau Drop 8% From 2024

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.
Asia-Pacific

Minor Hotels to Add 300 Properties by 2027

Minor Hotels plans to exceed 850 properties by 2027, expanding globally with nearly 300 new hotels, a more balanced portfolio, and a focus on key markets like North America, North Asia, and India.
Asia-Pacific

India's Hotels Project Cautious 14% Revenue Growth in 2025

Investor concerns over Human Metapneumovirus (HMPV) have shaken India's hotel and airline stocks, despite strong growth forecasts for the hospitality sector driven by surging demand and increasing supply.
Asia-Pacific

India's Hotel Rates May Rise Over 8% in 2025

Hotel room rates in India are expected to rise significantly in 2025 due to strong travel demand, limited new supply, and inflationary pressures, with predictions ranging from a 7% to 15% increase across segments.
Asia-Pacific

Oravel Stays Completes G6 Acquisition

OYO has acquired G6 Hospitality from Blackstone and will focus on growing and enhancing the Motel 6 and Studio 6 brands through technology integration, property upgrades, and expanded distribution, while maintaining existing agreements and leadership changes.