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News from around the Asia Pacific region, Oct 22.
Wednesday, 22nd October 2014
Source : HVS

Hotel industry and travel news from around the Asia Pacific region; this week: Thai tourism sees upswing, IHG signs first Indigo for Singapore, Wyndham signs 10 in India and more...

Upswing expected in Thai tourism sector
According to Abacus International, it has recorded spikes in bookings to Thailand from North Asian markets in 2014Q2. This echoes the outlook of the Ministry of Tourism and sports which expects visitors to increase towards the end of the year due to the stable political atmosphere. However, Thailand has recorded a 10.28% drop in foreign tourist arrivals in the first 9 months of the year and still has some 50 travel advisories issued against travel to Thailand according to the Foreign Ministry. Despite this, Thailand is still expected to show a rebound towards the end of the year and should martial law be lifted, a quick recovery is expected to follow based on past observations of the resilience of the Thai tourism market.

Singapore: IHG signs two new management agreements and introduces Hotel Indigo
InterContinental Hotels Group has signed two new management contracts with Katong Holdings Private Limited for two new hotels that are located in the Joo Chiat neighbourhood in the eastern part of Singapore. Joo Chiat is Singapore’s first Heritage Town and a conservation district that celebrates its rich Peranakan culture. The two hotels will be the city’s first 131-key Hotel Indigo Singapore Katong and the third 451-key Holiday Inn Express Singapore Katong. These two properties are expected to open in 2016 and will expand IHG’s portfolio of hotels in Singapore to eight; alongside Intercontinental Singapore, Crowne Plaza Changi Airport, two Holiday Inn properties and two Holiday Inn Express hotels.

Singapore boutique hotels on the rise
The lifestyle hotel segment in Singapore is growing with Malaysian hospitality group Samadhi’s recently announced Villa Samadhi. The property is expected to open in March 2015 in a restored colonial residence within the Labrador Nature Reserve. Villa Samadhi will join the pool of lifestyle properties in Singapore which includes The Scarlet Hotel, Wanderlust and Naumi Hotel amongst others. From 2000 to 2013, the number of boutique hotel rooms in Singapore has grown at an exponential rate of 18.3% and is expected to grow at a 9% growth rate for the next five years.

Best Western launches two new brands
Best Western International has announced its new brand “Vib” which is targeted at the boutique lifestyle segment to cater to the needs of the tech savvy and design minded consumers. In addition, it has also announced a soft brand know as “BW Premier Collection” which will launch in 2015. Vib is targeted at the millennial traveller and will feature automated check-in, Bluetooth connectivity and green features. The introduction of these two new brands will allow the company to expand their customer base and cater to the growing and shifting needs of modern day travellers.

Wyndham signs 10 new properties in India
Wyndham hotel group has signed 10 new properties in India. Operating under the Ramada Encore and Howard Johnson brands, these 10 properties will be located in Bangalore, Chennai, Darjeeling, Dharmapuri, Greater Noida, Gurgaon, Jaisalmer, Pali, Lonere and Trivandrum. Expected to open by mid 2017, ther properties will add 1088-keys to the market and bring the total number of properties operated by the Wyndham Hotel group to 43 properties with approximately 4841 rooms.

Malaysia’s Jan-July 2014 tourist arrivals grow 9.7%
For the first seven months of the year, Malaysia welcomed a total of 16.1 million visitors which is an increase of 9.7% compared to 14.6 million over the same period last year. The most notable growth markets were South Korea (+36.4%) and Vietnam (+28.7%) which showed strong growth due to new regional air routes and the aggressive marketing campaign of Visit Malaysia Year 2014 launched by Tourism Malaysia. The largest source markets for Malaysia were Singapore (51.1%), Indonesia (9.8%), China (6.2%), Brunei (4.3%), Thailand (4.8%) and India (2.8%). The Malaysian government is committed to growing tourism in the country and as of August 2014, MYR 32.5 million of the allocated MYR65.5 million allocated to tourism programmes has been spent. Tourism growth is expected to continue strongly into 2015 as Malaysia launches Malaysia Year of Festivals 2015.

www.hvs.com

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