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Hospitality & Travel news in Asia
An overview of news, trends and research in the Hospitality & Travel industry in Asia:
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Indonesia's tourism sector is experiencing a robust recovery
Indonesia’s tourism sector is experiencing a robust recovery, spearheaded by growing visits to Bali and Jakarta.
03 September 2024
Indonesian online travel unicorn Traveloka makes 'significant impact'
A study from PwC has highlighted the contributions Jakarta-based travel company Traveloka has made in the tourism sector as well as in other areas such as agriculture and energy.
22 September 2023
Alvarez & Marsal’s restructuring team helps keep Genting afloat
Hong Kong listed cruise and resort company Genting is restructured, recapitalised and ready to go – following a year-long restructuring process managed by a team at Alvarez & Marsal in Hong Kong.
21 July 2021
6 of the 10 most expensive cities in the world are in Asia
Hong Kong remains the most expensive city in the world to work and live in, while five other Asian urban centres also rank among the globe’s ten most expensive cities.
18 June 2020
BCG alumnus Joon Aun Ooi new Asia Pacific head of Wyndham
Hotels giant Wyndham has promoted former Boston Consulting Group consultant Joon Aun Ooi to the role of President and Managing Director for Asia Pacific.
02 June 2020
Chinese tourists set to turn to domestic options, finds Oliver Wyman survey
The global aviation and tourism industries are under extreme pressure at the present, and a new survey from Oliver Wyman may suggest another dent to their hopes of a quick recovery.
31 March 2020
OYO brings in more former McKinsey consultants for key roles
Expanding accommodation platform OYO has continued its recent trend of hiring ex-McKinseyites to key leadership positions with a number of recent appointments.
16 January 2020
Half of the world's most popular travel hot-spots are in Asia
Bangkok has retained its number one ranking as the world’s premier tourist destination for the fourth year running on Mastercard’s latest Global Cities Destination Index, welcoming over 22 million vi
11 September 2019
OYO appoints ex-McKinsey exec to head up Southeast Asia
Hotel juggernaut OYO has continued a recent trend with the recruitment of ex-McKinsey consultant Mandar Vaidya to head up its Southeast Asia and Middle East practice.
13 August 2019
European 'glamping' firm eyes Asia with launch of Singapore office
A European manufacturer of luxury tents, Luxetenten.com, is opening a sales office in Singapore.
06 May 2019
Hotel chain OYO hires management consultants for top international posts
Hospitality start-up Oyo has turned to a trio of former management consultants to head up its expanding country operations, with key hires Ming Luk Tan in Malaysia, Jeremy Sanders in the UK, and Andr
11 January 2019
McKinsey plays mythbuster on Chinese traveller misconceptions
Global strategy & management leader McKinsey has in its latest survey report set out to dispel a number of persistent misconceptions about the average Chinese tourist.
03 December 2018
Sri Lanka's tourism strategy should focus on consistency in branding
Sri Lanka’s tourism body should focus on consistency in branding says the CEO of MTI Consulting Hilmy Cader, with a strategy-first approach.
16 November 2018
Lazard and MTI to advise on Sri Lanka state-owned luxury hotel sales
The Sri Lankan government has finalised its transaction advisory team in preparation for the sale of state-owned Hilton and Hyatt hotel assets in Colombo, with Lazard of Singapore in association with
16 July 2018
Asia Pacific receives nearly a quarter of all international tourist arrivals
26 June 2018
Government to push Thailand as premier medical tourism centre
The Thai government is putting in place infrastructure and mechanisms to promote medical tourism in the country, with a programme of special class visas being instituted.
01 May 2018
External consultants brought in for casino development project in Saipan
Imperial Pacific has brought in external consultants to assist with development management of the new Saipan Integrated Resorts on the Pacific island of Saipan.
19 April 2018
Global travel set to spike on back of growing Asian demand
The commercial aviation industry is set to enjoy a period of solid growth on the back of growing demand from almost all quarters of the globe.
13 February 2018
Chinese visitors to Australia add major value to economy
A study into Asian tourism has highlighted how Chinese travellers significantly benefit the Australian economy.
08 December 2017
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