Minor Hotels and its joint venture partner in China, Funyard Minor JV Co., (China), announces the signing of Anantara Shaoxing Resort in northeastern Zhejiang Province. Perched on the slopes of Mount Kuaiji, the luxury resort developed in partnership with Shaoxing Lan Ruo Lake Real Estate Development Co., Ltd will be the first internationally-branded resort in the city of Shaoxing when it opens in 2024.
Swiss-Belhotel International, the rapidly expanding global hotel management group, has signed a memorandum of understanding (MOU) with CTG Hotel, part of the largest tourism enterprise in China – China Travel Group. The partnership is set to significantly boost the Swiss-Belhotel International’s portfolio.
The Hotel Construction Pipeline in the Asia Pacific Region, excluding China, remains Steady at Q1 2023
As seen in Lodging Econometrics’ (LE’s) most recent Asia Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY). While project counts may be down YOY, domestic and international travel gained significant momentum during the first quarter. The reopening of borders and national holidays has largely aided in the increased demand for travel accommodations, which is expected to continue this upward trajectory through the second quarter. As a matter of fact, in Q1, the country’s economy grew the fastest it had in over a year, showing people are eager to return to travel and normalcy.
JW Marriott, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, today announced the opening of JW Marriott Hotel Xi’an, a remarkable destination home to six UNESCO World Heritage cultural and historic sites. Incorporating the beauty of the ancient city of Xi’an with the sophistication and luxury of the JW Marriott brand, the hotel offers extraordinary service and a commitment to holistic well-being, empowering guests to foster connections and revitalize their minds, body, and spirit.
Few places capture the imagination quite like China. With its borders now reopened to foreign visitors, CNN highlights China’s Hidden Treasures in a special 30-minute travel program, exploring remote tea plantations, surfing the waves off the country’s southern coast, and strolling through age-old markets where artisans keep ancient traditions alive today.
Leading a high-level delegation to the city of Hangzhou to join in the official re-opening, UNWTO Secretary-General Zurab Pololikashvili, warmly welcomed the lifting of travel restrictions as a major boost to economic growth and social opportunity both in Asia and the Pacific and globally. According to UNWTO data, the pandemic cost destinations worldwide a combined US$270 billion in Chinese outbound tourist spending in 2020 and 2021 alone. The re-opening of borders therefore represents “the moment the world has been waiting for”, Mr Pololikashvili noted.
In the recently released China Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that the country’s total hotel construction pipeline, at the close of the fourth quarter, stands at 3,581 projects/675,074 rooms.
Walking through the city’s flagship East Lake National Wetland Park in Central China’s Wuhan, water and sky merge in muted colors, punctuated by fir trees on which hundreds of rare species of pelican crowd “painting” the tree branch snowy white with their droppings. This would have been an unimaginable scene just a decade ago due to rampant industrial pollution and environmental overexploitation.