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.
Press Releases
IHG Hotels & Resorts Highlights Hotel Openings in the First Half of 2026 in Greater China
IHG will open multiple hotels across Greater China in H1 2026, targeting diverse city tiers with culturally-integrated designs for varied travel occasions.
From design to operations, connecting the full hotel lifecycle
Hotel & Shop Plus 2026 will feature 80+ exhibitors showcasing building materials, smart hotel tech, and design solutions for the full hotel lifecycle at Shanghai's New International Expo Centre March 31-April 3.
IHCL to Acquire Controlling Stake in Brij Hotels; Strengthens Leadership in India’s Leisure Tourism
IHCL acquires 51% of Brij Hospitality for ₹undisclosed amount, adding 22 boutique properties to reach 610 total hotels.
IHG Hotels & Resorts to scale India presence to over 400 open and in development hotels within five years
IHG plans to triple its India hotel count from 130 to over 400 properties within five years, adding Vignette Collection brand in 2026.
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.
Japanese Brand MIMARU to Offer Sumitomo Corporation’s “Any Wear, Anywhere” Clothing-Sharing Service for Inbound Family Travelers
The three-month trial launches January 2026, targeting families who struggle with packing seasonal clothing and oversized luggage for Japan trips.
Lemon Tree Hotels Announces Strategic Reorganization and Investment from Warburg Pincus in Fleur Hotels to Unlock Long-Term Shareholder Value
Warburg Pincus will invest up to ₹960 crore in Fleur while acquiring APG's 41% stake, creating separate asset-light and ownership platforms.
Unscripted by Hyatt Brand Debuts Globally with Wink Joining World of Hyatt
Six operating Wink properties converted to Unscripted by Hyatt, expanding Hyatt's Vietnam portfolio from four to ten hotels with 2,000+ rooms.
Banyan Group Unveils New Residential Brand: Bellaguna
The new Bellaguna brand targets international homeowners seeking year-round residences with hotel-level management and optional rental income.
Strategic Hotel Asset Management in Thailand Hospitality
Thailand's international visitors fell 7.25% year-over-year to 31.9 million through November, with Chinese arrivals down 34% as competition intensifies in Bangkok's 83,000+ key hotel market.
Repositioning for Value: The Strategic Role of Hotel Turnarounds in Thailand
Post-pandemic Thailand faces 83,000+ rooms in Bangkok alone with 751 more keys opening by 2025, driving strategic repositioning over organic recovery.
Register Now for HOTEL & SHOP PLUS 2026 in Shanghai
The Shanghai expo will feature 2,200+ exhibitors across five halls, with new sustainability and smart retail zones plus 80+ industry forums.
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.
Hampton by Hilton Set for India Expansion with First Five Hotel Signings in Partnership with NILE Hospitality
Five Hampton by Hilton hotels totaling 350+ keys will open across Amritsar, Vrindavan, Raipur, and Lonavala within two years under a licensing deal with NILE Hospitality.
Holiday Inn Commemorates 50 Years in Greater China, Unveils its Next-Generation Brand Evolution
Holiday Inn launches its next-generation design centered on "connection" with over 250 hotels now open and in pipeline across Greater China.
Aahaasa Collection Debuts in Sri Lanka: a New Circuit of Soulful Boutique Sanctuaries - Transformative Odysseys Shaped by Landscape, Culture, and Emotion
The family-founded brand operates two properties with a third planned, positioning itself as Sri Lanka's newest luxury boutique collection focused on nature-based experiences.
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.
Japan Brief: Hotel and Retail Sectors to Remain Resilient Despite Decrease in Chinese Visitors
CBRE analysis shows diversified visitor base and weak yen will offset Chinese travel restrictions, with European, US, and Australian tourists providing stronger spending power.