Asia-Pacific

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

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.

Starting late 2025, foreign tourists visiting Thailand will pay a 300-baht tax, which includes life and accident insurance.

Singapore's hotel demand is strong, but profitability is under pressure due to labor and rate constraints, with Marina Bay leading performance.

Thailand leads the Asia branded residences market with a 23.3% share, Phuket has the most units, and Singapore buyers dominate the region.

Bloomberg Intelligence doubts Thailand's 2025 tourism goals, citing a surge in Chinese flight cancellations and increased travel to Japan instead.

China's hotel industry saw mixed performance during the Spring Festival, with some cities thriving despite an overall RevPAR decline, while Japan stood out among overseas destinations.

Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment.

Hotel investment in the Asia Pacific region is rising, with Japan, Singapore, and Australia leading interest, while investors shift focus to upscale segments and await interest rate clarity.

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.