STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.
Riyaz partners with Jin Jiang Hotels to expand five brands across Southeast Asia, signing first management agreement for Metropolo in Luang Prabang, Laos.
Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.