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Leisure travel demand fuels Hyatt's rooms growth in Asia Pacific

Hyatt Hotels Corporation has announced plans for the continued growth of its brand portfolio in Asia Pacific with a robust pipeline of landmark luxury and lifestyle hotels and resorts that are expected to open in late 2022 and 2023, ideally timed to coincide with the emergin...
Kota Kinabalu Krung Thep Mahanakhon South China Sea Brunei General Hyatt Kuala Lumpur Andaz Pattaya Jomtien

LEISURE TRAVEL DEMAND FUELS HYATT'S ROOMS GROWTH IN ASIA PACIFIC

Expanding footprint of luxury and lifestyle hotels and resorts sees Hyatt's brands entering new markets across the region, offering unique experiences to guests, World of Hyatt members and customers CHICAGO, Sept. 6, 2022 /PRNewswire/ --Hyatt Hotels Corporation(NYSE: H) today announced plans for the continued growth of its brand portfolio in Asia Pacific with a robust pipeline of landmark luxury and lifestyle hotels and resorts that are expected to open in late 2022 and 2023, ideally timed t...
Kota Kinabalu Krung Thep Mahanakhon South China Sea Brunei General United States Gloria Kennett

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Leisure Travel Demand Fuels Hyatt's Rooms Growth in Asia Pacific

Hyatt Hotels Corporation (NYSE: H) today announced plans for the continued growth of its brand portfolio in Asia Pacific with a robust pipeline of landmark luxury and lifestyle hotels and resorts that are expected to open in late 2022 and 2023, ideally timed to coincide with the emerging rebound of leisure travel in the region. This includes the strategic entry of several brands into new markets, such as the arrival of The Unbound Collection by Hyatt brand in Japan, the Andaz brand in Thailand, ...
Kota Kinabalu Krung Thep Mahanakhon South China Sea Brunei General United States Andaz Pattaya Jomtien

Market Recovery Monitor - 27 August 2022

As expected since the end of July, demand is trending down, but the week-on-week (WoW) decrease for 21-27 August 2022 continued to be less than what was observed in previous years. More importantly, this was the highest demand ever recorded for this specific week dating back to 2000. Weekly demand was equal to 2019, but that level was easier to meet because that was the week ahead of the Labor Day holiday that year.
New York United States San Diego City Of United Kingdom San Francisco

Amsterdam Hotel Market: The Enduring Appeal | By Sophie Perret and Nikola Miljković

Amsterdam is in the province of North Holland, in the heart of the Randstad, Europe’s sixth-largest metropolitan area. The city of Amsterdam is the capital and the largest city in the Netherlands, with a population of just over 900,000 recorded in 2021. While Amsterdam is known globally for its historic canals, art museums (Rijksmuseum, Van Gogh Museum), red-light district and ‘coffee’ shops, it is also a significant European financial and business centre. More than 2,000 foreign companies...
United States United Kingdom North Holland Noord Holland Sea Canal Indische Buurt

Market Recovery Monitor - 23 July 2022

U.S. hotel room demand for the week ending 23 July 2022 reached its seasonal apex with more than 28.4 million sold. That was the country’s highest weekly total for rooms sold since mid-2019 and the 10th largest weekly amount of the past 22 years. As we have stated over the past several weeks, this annual demand peak was fully expected as it previously occurred during this week (week 30) in 15 of the past 22 years. While strong, this year’s week 30 was not the best week 30 ever.
New York United States France General San Diego City Of United Kingdom

Laos Pipeline Increases, but Occupancy Still Lags 2019 Levels as per STR

Laos is becoming an increasingly important part of the tourism and transport chain in south-east Asia and should aim to become a tourist destination unlike any other. Lao National Tourism Administration (LNTA) predicted that Laos will have 4.1 million tourists by 2020 however the tourists volume was down with 886K in 2020. Laos government closed international borders in April 2020 due to the pandemic, and tourism is negatively impacted until today.
Luang Prabang Centara Hotels Laos Minerals Mining Inc Green Park Boutique Hotel Tourism Development Department Laos Development Group Inc

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