HVS Asia Pacific Hospitality Newsletter - Week Ending 10 April 2026
Newsletter covers major Tokyo hotel sales totaling billions in yen and South Korea's new visa policies to attract Chinese repeat visitors.
Markets & Performance
Hong Kong poised to reclaim its position as a leading global tourism destination
WTTC research shows Hong Kong visitor arrivals down 22.9% from 2018 peak, with recommendations to diversify beyond mainland Chinese visitors who comprise 76% of arrivals.
HVS ANAROCK MONITOR, March 2026
India's hotel sector posted strong March performance with occupancy above 75% and double-digit ADR growth driven by wedding, MICE, and corporate demand.
HVS Insights: Journeys Through Uncertainty - The Middle East Crisis and Its Impact on India’s Hospitality Sector
HVS analysis reveals how Middle East tensions are disrupting global aviation while creating opportunities for India to capture redirected demand and strengthen domestic tourism.
Seoul’s Hospitality Market Reaches a Breaking Point as Demand Surges Ahead of Supply
International arrivals hit 18.7 million while pandemic closures created a structural room shortage, pushing luxury hotels toward KRW 1 million ADRs.
By Tony Min, Head of Hospitality Korea, Cushman & Wakefield
Optimism, investment and innovation drive Australia’s accommodation sector
The 2025 Australia Accommodation Barometer surveyed 250 industry executives, revealing 64% rate past performance as good/very good with plans to hire 7.4 employees per property on average.
By Todd Lacey, Regional Manager of Oceania, Booking.com
China cements its position as a leading source travel market, powered by domestic scale and outbound momentum, says GlobalData
GlobalData projects China's domestic trips will reach 4.08 billion by 2029 while outbound departures hit 176.65 million, driven by youth demand and premium experiences.
HVS ANAROCK MONITOR, February 2026
Bengaluru led with 15-17% ARR growth while Chandigarh posted highest occupancy gains of 7-9 percentage points.
Australian Open drove Melbourne hotel room rates to January record
January RevPAR hit AUD196.65, up 8.6% year-over-year, with peak performance on tournament Saturday reaching AUD354.94.
Hoshino Resorts Inbound Travel Report 2025: What 1.33M Guest Nights Reveal About Japan’s Next Phase of Tourism
Hoshino Resorts data shows 24% growth in international bookings for 2025, down from 94% in 2024, with Western travelers staying longer and regional destinations gaining popularity.
Talent, Technology and Tenacity: The State of India’s Accommodation Industry in 2025
The Statista-Booking.com survey of 285 Indian hoteliers shows 75% expect positive growth in next six months, with 70% reporting higher occupancy rates despite tighter funding access.
By Santosh Kumar, Regional Manager, India, Booking.com
HVS ANAROCK MONITOR, January 2026
December occupancy eased to 68-70% due to air travel disruptions, but ARR and RevPAR grew 7-9% YoY with Bengaluru leading at 20-25% rate growth.
Ashes Tour fuels significant gains in Australia’s hotel performance
Perth hit 96% occupancy with record ADR of AUD409, while Adelaide saw RevPAR surge 326% year-over-year during the cricket series.
What the Data Tells Us About Japan’s Next Chapter in Hospitality
Survey of 260 Japanese hoteliers shows 76% rating past performance as good/very good, up from 56% in 2023, with strong hiring plans averaging 7.9 new employees per property.
By Luiz Rodrigues De Paula, Regional Manager, Japan, Booking.com
New Year's Eve pushed Sydney room rates to record-high
NYE rates hit AUD 1,009, while concerts by Jimmy Barnes and Lady Gaga also drove strong performance throughout December.
Indian Hotel Sector: 2025 in Review
The year saw record hotel signings of 47,000 keys and industry consolidation through acquisitions, but faced challenges from airline disruptions and mixed GST reform impact.
By Mandeep Lamba, MRICS, President (South Asia), New Delhi, HVS
HVS ANAROCK MONITOR, December 2025
India's hotel sector hit 72-74% occupancy in November 2025 with ARR growth of 15-17% month-over-month, driven by metro cities like Pune and Chennai.
The Ashes Tour pushed Perth occupancy to 96%, Adelaide rooms nearly fully booked
CoStar data shows Perth hotels hit record ADR and RevPAR levels during cricket matches, with Adelaide bookings at 96.1% ahead of the third Test.
WTTC Recognized China’s Strategic Initiatives Driving Growth in Travel & Tourism
China's tourism sector contributes $1.9TN to the economy with 15.8% annual growth, expected to become the world's largest travel market by 2031.
November events boosted Melbourne hotel performance, December looks promising
Melbourne hotels achieved record November RevPAR of AUD201.05 (+8.6%), driven by Melbourne Cup Carnival and Oasis concerts.