Rosewood Hotels is expanding globally in 2025 with new luxury properties in Japan, Mexico, Qatar, Amsterdam, and London, offering luxury accommodations, dining, and wellness experiences.
New York City hotel prices hit record highs, prompting mixed reactions from tourists and concerns over affordability, influenced by new Airbnb regulations and migrant housing demands.
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.
Minor Hotels Group aims to expand to over 1,000 hotels globally by 2028, focusing on Asia, especially China and India, through an asset-light strategy and franchising.
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.
Grand Hyatt is rapidly expanding and enhancing its global portfolio, with over 10 new hotels opening by 2027 and extensive renovations across existing properties to meet the evolving needs of luxury travelers.
IHG Hotels and Resorts is expanding aggressively in Vietnam and India, aiming to significantly grow its luxury, premium, and midscale hotel portfolios across key destinations.
A JLL survey reveals growing optimism in hotel investments, with rising cross-border activity, first-time buyers, and a focus on luxury and extended-stay assets despite challenges from increased capital costs.
Hotel construction in the Asia-Pacific region (excluding China) reached record highs in Q3 2024, with India, Vietnam, and Thailand leading the market, and a robust forecast for new openings through 2026.