HVS ANAROCK MONITOR, February 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Markets & Performance
Singapore’s Travel Boom: International Arrivals Set to Break Records in 2025
The World Travel & Tourism Council (WTTC) today reveals that Singapore is on track to smash its all-time international arrivals record this year, outpacing other major Southeast Asian destinations such as Thailand and the Philippines.
Brisbane hotels posted record-high January room rate
Brisbane’s hotel industry posted its highest January 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.
Sydney’s hotel room rates reached all-time high on New Year’s Eve
Sydney’s hotel industry posted record high average daily rate and revenue per available room on New Year’s Eve, according to December preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
HVS ANAROCK MONITOR, December 2024
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.
Phuket and Bali Hotel Market Outlook
The booming tourism sectors of Phuket and Bali are both at risk of faltering unless infrastructure issues are addressed, according to the latest market report from Global Asset Solutions.
HVS ANAROCK MONITOR, November 2024
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
“No One Is Pushing the Hotel Industry to Change Faster Than the Savvy Indian Traveller”: SiteMinder
SiteMinder, the world’s leading hotel distribution and revenue platform, has released SiteMinder’s Changing Traveller Report 2025, the largest survey globally on accommodation, revealing that Indian travellers are emerging as the most influential change-driving force in the global hotel industry.
HVS ANAROCK MONITOR, October 2024
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.
Coldplay concerts at Accor Stadium boost hotel room bookings
As Sydney prepares to host Coldplay’s highly anticipated Music of the Spheres Tour concerts at Accor Stadium next week, hotels across Greater Sydney are experiencing a surge in bookings, reports Accor - Australia’s largest hotel operator.
Events pushed Brisbane hotel performance to September highs
Events pushed Brisbane hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for September, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Hyatt Enters Joint Venture with China Resources Land to Expand Portfolio Across China
Hyatt Hotels Corporation (NYSE: H) announced today that affiliates of Hyatt and China Resources Land (CR Land, stock code: 01109.HK) have entered a joint venture and signed a strategic collaboration agreement to expand Hyatt’s brand presence across China. This is part of Hyatt’s asset-light expansion of its brands in Hyatt’s second largest market. Under the initial plans, the joint venture, Yuen Kai Holdings Limited, will develop and manage hotels including six existing Mumian hotels in Beijing, Shenzhen, Chengdu, Hangzhou, and Rizhao as well as two new Mumian hotels in Shaoxing and Shanghai that are set to open in the first quarter of 2025. These properties are expected to become part of The Unbound Collection by Hyatt and JdV by Hyatt brands. Additionally, Hyatt and CR Land announced a strategic agreement for the development of more Hyatt-branded hotels and have signed agreements for key projects such as Park Hyatt Xi’an and Andaz Dongguan.
HVS ANAROCK Hotels & Hospitality Overview, September 2024
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
TFE-Heritage Hotels Strategic Partnership Shows Confidence In New Zealand Accommodation Sector
In breaking news, TFE Hotels has partnered with New Zealand’s leading accommodation provider, Heritage Hotels, in a multi-property management agreement that will see five hotels refurbished in the next few years and send a positive signal to the local accommodation sector amid a resurgent international tourism market.
HVS ANAROCK Hotels & Hospitality Overview, August 2024
Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Accor strengthens leadership in Australian hotel industry with partnership renewals for over 40 hotels
Accor, Australia’s largest hotel operator, has signed partnership renewal agreements for more than 40 hotels, comprising 5,500 keys, across Australia, underscoring the Group’s strong partnerships with some of the country’s most influential hotel owners.
HVS ANAROCK Hotels & Hospitality Overview, July 2024
Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Why are Hotel Bookings Increasing by More Than 200% in Singapore?
The Singapore Grand Prix 2024 is set to take place on September 20-22, bringing the excitement of Formula 1 racing to the Lion City. Bookings for the Grand Prix began as early as December 2023, significantly impacting hotel demand. This early surge in reservations has led to an unprecedented increase in hotel occupancy rates, with many premium and centrally located hotels reporting near-full bookings months in advance. Consequently, this has led to a marked rise in room rates and a bustling hospitality sector gearing up to cater to the influx of international visitors.
Vietnam’s Travel & Tourism Set for a Record 2024
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has today revealed that Vietnam’s Travel & Tourism sector is forecast to inject a record đ770.8TN into the national economy this year.
India's Travel & Tourism Sector Shows Strong Recovery with Domestic Tourism Leading the Way
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) reveals a significant recovery of India’s Travel & Tourism sector, with domestic tourism playing a pivotal role.