According to the latest Skift research, the Asia – Pacific region’s hotel industry is on an upward trajectory and is projected to overtake Europe by 2026. During the pandemic, the Asia – Pacific outperformed Europe in accommodation revenue. Although Europe recovered rapidly, experts anticipate the Asia – Pacific will regain the lead in 2026.
To meet the burgeoning demand, the Lodging Econometrics Construction Pipeline Trend Report reveals there are 2,074 projects in the region, with a total of 408,213 rooms in the hotel pipeline.
Among the recent and upcoming openings are three new convention centers in Auckland, Christchurch, and Wellington, New Zealand’s major cities. Additionally, a wave of new hotels is blending nature and wellness. The Mandai Rainforest Resort by Banyan Tree in Singapore is set within a wildlife reserve, featuring biophilic design. Raffles Sentosa Singapore offers a luxurious stay by the sea. In India, the Jim Corbett Marriott Resort & Spa is nestled in the wilderness. The JW Marriott Kaafu Atoll Island Resort in the Maldives provides a tropical island getaway, and The Sundays on Hamilton Island, in the heart of Australia’s Great Barrier Reef, offers a nature – filled retreat. These new properties promise a unique combination of luxury and immersion in nature, catering to travelers seeking both relaxation and adventure in some of the world’s most beautiful locations.
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