Xi'an

Asia-Pacific

China Pipeline Strength Is at the Higher End

The majority of projects are concentrated in the upper midscale and upscale segments, which account for 69% of the projects and 65% of the rooms in the pipeline. This focus on mid-to-high-end properties suggests a market shift toward catering to more affluent travelers.

Alan Woinski | 2 months ago

Asia-Pacific

H World Reveals $2 Billion Shareholder Return Plan

H World Group approved a three-year, $2 billion shareholder return plan, including dividends and repurchases, effective from July 23.

Alan Woinski | 3 months ago

Asia-Pacific

Japan’s RevPAR Impresses Despite Yen Depreciation

Japan's hotel business has seen impressive RevPAR growth over the past 15 months due to a late post-pandemic reopening, high inflation, international demand, and a depreciating yen – all despite minimal return of Chinese travelers.

Alan Woinski | 5 months ago

North America

Rosewood Talks Its Global Pipeline

The Rosewood Hotel Group is set to expand its global presence and enhance its portfolio, which currently includes 48 properties across 23 countries, with new openings in Europe, Asia Pacific, the Middle East, and the Americas, alongside growing its residential business.

Alan Woinski and Kim Woinski | 7 months ago

Asia-Pacific

Philippines Begins 2024 With a 23% Tourism Bump

The Philippines Dept. of Tourism reported that from January to March 4 this year, over 1.23 million international travelers visited.

Alan Woinski | 7 months ago

Asia-Pacific

Marriott Points to Its South Asia Development Pipeline

Marriott International said they signed 28 deals in South Asia in 2023 and so far in 2024, adding over 4,500 rooms to its development pipeline.

Alan Woinski | 8 months ago

Asia-Pacific

Hyatt Unveils Tokyo Shibuya Hotel

Hyatt Hotels Corporation announced the opening of Hyatt House Tokyo Shibuya. They reached an agreement with Tokyu Land Corporation earlier in the month for the 126-room hotel which includes 18 suites.

Alan Woinski | 8 months ago

Asia-Pacific

China’s Hotel Construction Pipeline Hits Record High

According to the latest China Construction pipeline Trend Report from Lodging Econometrics, China’s hotel construction pipeline ended 2023 with record-breaking project and room counts

Alan Woinski | 8 months ago

Asia-Pacific

The Peninsula’s Parent Company Seeks a New CEO

The Philippine Department of Tourism achieved over 5 million international visitors in 2023, nearing pre-pandemic levels, with a focus on their National Tourism Development Plan 2023-2028. China's tourism rebound is driven by domestic demand, though sustainability into the next year is uncertain. The Hongkong and Shanghai Hotels announced executive changes effective 2024, with a formal search for a new CEO.

Alan Woinski | 10 months ago

Asia-Pacific

China and Singapore to Launch Bilateral Visa-Free Policy

IHG chose Kuala Lumpur as the site of its 150th Hotel Indigo. The new hotel features unique amenities like a living vertical garden and a large-scale installation made from recycled plastic bottles. Pro-invest is preparing to sell an $800 million hotel portfolio, including eight Holiday Inn Express properties across Australia and New Zealand. Best Western is launching its first Aiden property in Southeast Asia in Phu Yen, Vietnam.

Alan Woinski | 10 months ago