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.
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.
Melbourne hotels achieved record November RevPAR of AUD201.05 (+8.6%), driven by Melbourne Cup Carnival and Oasis concerts.
CBRE analysis shows diversified visitor base and weak yen will offset Chinese travel restrictions, with European, US, and Australian tourists providing stronger spending power.
Australia leads Asia Pacific with 84% of submarkets showing RevPAR growth, driven by occupancy increases rather than rate hikes, while compression patterns shift from midweek corporate to weekend leisure demand.
India's hotels saw ARR rise 10-12% year-on-year in October 2025, driven by corporate travel recovery and Diwali leisure demand.
Centara Hotels & Resorts, Thailand’s leading hotel operator, and NUO International Hotel Management Co., Ltd., recently signed a strategic Letter of Agreement to collaborate on brand development and international expansion. This landmark partnership represents a powerful alliance between two leading hospitality brands and a meaningful exchange between “Chinese Service” and “Thai Hospitality,” aimed at delivering exceptional experiences to global travellers.The signing ceremony, held at NUO Hotel Beijing, was attended by senior executives from both organisations, including Mr. Thirayuth Chirathivat, Chief Executive Officer of Centara Hotels & Resorts, Mr. Michael Henssler, Chief Operating Officer, alongside Mr. Jack Xia, Managing Director – Centara China, Mr. Tyrone Tang Ming, General Manager of NUO International, Mr. Andy Xu Jia, Deputy General Manager, and Ms. Yuki Qu Jing, Vice President of Marketing.
India’s business travel market is one of the fastest growing globally, with annual spend reaching $37.2 billion USD in 2024 and projected to increase 15.5% for 2025—more than double the expected global growth rate of 6.6%*. And as business travel continues to grow within India, corporate travel management, technology adoption, corporate card programs and payment practices are increasingly important ─ and companies must address critical gaps that could impact their cost control and compliance efforts.
India’s travel market is no longer nascent; it is here. Boosted by rapidly rising incomes, a young population, and fast digital adoption, India is on track to become one of the most influential tourism markets of the next decade. The latest insights from Booking.com’s Global Travel Trends 2025 illustrate just how different India’s traveller profile is from global averages, and what this means for policymakers shaping the future of tourism at home and abroad.
For the past six months, Osaka has played host to the World Expo, a quinquennial event that brings together people and innovations with a focus on key global challenges. The event has historically generated substantial gains in hotel performance, a pattern that was evident in Osaka and neighboring markets in Japan.
Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.
Northeast India represents one of the country’s most compelling frontiers for tourism development. Despite its exceptional natural beauty, cultural diversity, and strategic location, the region remains underrepresented in India’s tourism narrative. In 2024, it accounted for just 0.43% of domestic and 1.17% of foreign tourist visits, underscoring its vast untapped potential.
Hilton (NYSE: HLT) today announced the grand opening of Waldorf Astoria Shanghai Qiantan and celebrated its milestone of 888 trading hotels across Greater China and Mongolia. This achievement reinforces Hilton’s position as the largest and fastest-growing international hospitality company in the region with the company on track to double its presence in the region in the coming years.
The upcoming Ashes series is driving hotel bookings across key Australian markets, according to Forward STAR data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets.
Koh Samui is entering a new era as one of Asia’s most dynamic integrated wellness and sports tourism destinations. Moving beyond its identity as a luxury island escape, Samui is embracing global trends that merge wellbeing, active living, and performance — redefining how travelers experience health and connection.
Future Hospitality Summit – FHS World is putting the Philippines in the spotlight with a dedicated pavilion highlighting the country’s dynamic, diverse hospitality and tourism sector throughout the event, taking place at Madinat Jumeirah in Dubai, 27-29 October.
Australia’s largest hotel operator, Accor, has declared the 2025 NRL Grand Final a tourism triumph, with tens of thousands of interstate fans driving exceptional hotel occupancies and boosting the local economy.
Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.
As the hospitality landscape in the Philippines continues to evolve, an increasing number of hotels, particularly domestic groups, are recognizing the imperative to modernize their operations. The shift towards enterprise-grade and stable cloud-based solutions is enabling them to enhance operational efficiency, streamline processes, make data-driven decisions, and raise service standards. The market is projected to grow from USD 7.65 billion in 2025 to USD 10.95 billion by 2030, advancing at a CAGR of 7.43% and that's why, digital transformation of the hospitality sector is both timely and necessary.
Boosted by several events, Sydney’s hotel industry posted its highest August average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar. CoStar is a leading global provider of commercial real estate data, analytics and news.
Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58), an independent global hospitality company, celebrates its 20th Anniversary in China with an immersive journey through Yunnan Province’s Ringha in Shangri-la and Lijiang — the Group’s first destinations in the country. The anniversary comes as the Group prepares for the Grand Opening of its 100th global property in November.