InterContinental

There's a proposed 15-story hotel that may be built next to the Boston Convention and Exhibition Center.

Tourism Australia said the country's tourism sector will be worth $220 billion (Australian dollars) to the nation's economy by the decade's end.

IHG is opening its first luxury InterContinental hotel in Australia's Barossa Valley under a 25-year deal, costing $100 million.

Cambodia saw a 13.3% year-on-year rise in January tourist arrivals, led by Thailand, Vietnam, and China, with a 2025 forecast of up to 7.5 million visitors.

Wyndham Hotels & Resorts expanded rapidly in Asia Pacific in 2024, adding 220 new hotels and signing 286 contracts, with 9% net room growth.

Morgan Stanley lowered Hyatt's price target while raising those for Marriott, Hilton, and Wyndham, keeping their respective ratings unchanged.

Singapore’s hotel sector is experiencing steady growth driven by tourism, lifestyle brands, and evolving accommodation trends, though recovery is hampered by low visitor numbers from China.

Developers in the Philippines are shifting focus to branded residences due to their growing market potential, with luxury villas and larger condos expected to dominate key areas like Bonifacio Global City, Cavite, Bohol, and Palawan.

Marriott beat 4Q24 expectations, but its stock fell due to cautious guidance, softer NUG outlook, and lower share repurchases.

Despite rising costs outpacing revenue growth in 2024, the hotel industry sees potential for recovery in 2025 through increased guest spending, job growth, and major events.