Asia Pacific tips

Marriott International has announced the signing of its debut Ritz-Carlton property in Jaipur, Maharashtra. The 250-key hotel is expected to open in 2028. Currently, the hospitality company operates five hotels in the city. Rajeev Menon, president, Asia Pacific excluding China at Marriott International, said that the Indian market is flourishing and its interest in luxury travel is leading to a growth in demand for global luxury brands. 

Following the release of the PATA Executive Summary Forecasts Report for the years 2024 to 2026 released earlier last month, the Pacific Asia Travel Association (PATA) released a more comprehensive Asia Pacific Visitor Forecasts 2024-2026 report, taking a deeper dive into growth projections, focusing on the source market-destination pairs from 2024 to 2026 for each of the three Asia Pacific destination sub-regions. This report covers 39 destinations within Asia Pacific forecasting from 2024 up to 2026 in a series of three possible scenarios.

The Asia-Pacific region is expected to play a key role in the travel industry’s growth this year. Skift Research projected the region would see travel revenue jump 20% in 2024 from the previous year as outbound travel from China is expected to increase substantially.

Outbound travel from China to the Middle East reached pre-pandemic levels during the Chinese New Year period, according to data firm ForwardKeys.

India’s business travel spending is set to reach $38 billion this year, with a projected full recovery to pre-2019 spending levels by 2025, according to the Global Business Travel Association (GBTA).

Ovolo Hotels signs strategic brand alliance with Small Luxury Hotels of the World

For the first time, there were no hull losses or fatal accidents involving passenger jet aircraft in 2023.

With about 950 properties across over 220 cities and counting, Ascott will be offering Unlimited Opportunities, Unlimited Choices, Unlimited Freedom, and Unlimited Good, to springboard to next chapter of growth as a global hospitality company.

Flying in Europe is at its safest level since records began, according to new research from the International Air Transport Association (IATA).

The Skift Travel Health Index is transitioning to a new benchmark. For the past few years, we’ve been judging the travel industry’s performance against 2019, the last good year for travel before Covid hit.

Marriott International expects to open 14 hotels in South Asia this year, 12 of which will be in India, adding approximately 1,200 rooms to the hotel chain’s existing portfolio in the country.

Katerina Giannouka has left Jumeirah Group one year into her time as CEO, confirms an internal document seen by Skift. The document is attributed to Jumeirah’s owning company Dubai Holding group CEO Amit Kaushal and was circulated to leaders in the organization.

Europe may not see a tourism comeback from one of its key source markets: China. Chinese interest in traveling to Europe has dropped, according to a survey released Tuesday by the European Travel Commission.

Good morning from Skift. It’s Friday, February 2. Here’s what you need to know about the business of travel today.

Travel and Leisure Co. said Tuesday it had agreed to buy Accor Vacation Club, the timeshare business of Accor, for $48.4 million.

Expedia CEO Peter Kern pled his case to hotel owners Monday: Take seriously the billion-dollar issue of wholesale rates being misused online.

IPO-boundhospitality and travel technology company Oyo has announced that it would open around 400 properties in popular spiritual destinations by year end.

In a bid to check overtourism, Airbnb will be working to enhance host capacity in lesser-explored destinations within Uttarakhand. The memorandum of understanding signed between Airbnb and the Uttarakhand Tourism Development Board, looks to introduce lesser-explored destinations to tourists.

Accor is one of the world’s largest hotel operators.

Shanghai Municipal People’s Government launched the beta version of a new online portal (english.shanghai.gov.cn) for expat services on Jan 1.

More international travelers have been visiting South Africa this year, with visitors from the U.S. especially seeing significant growth. But crime fears might deter a full recovery. So leaders are deploying 2,300 tourism monitors during the peak holiday season to bolster the safety of visitors.