Hotels and resorts
Asia’s middle class fuels regional travel growth: Marriott International President
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rajeev Menon, Marriott International’s President for Asia Pacific (ex-China), explained that the rise of Asia’s middle class is set to reshape the travel industry. As more people gain disposable income, he expects leisure and business travel across the region to increase significantly. […]
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Sonder announces bankruptcy plans; tells guests to vacate hotel rooms: ‘People were scrambling’
Short-term rentals company Sonder on Monday said it plans to file for bankruptcy, a day after Marriott International said a licensing agreement between the two companies had ended. The deal, signed in August 2024, allowed Sonder hotels to be booked via Marriott’s Bonvoy website and was widely considered a lifeline for the San Francisco-based company, […]
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Travelers’ demand for more unique experiences fuels lifestyle hotel boom in Asia
A growing number of travelers want more from their hotels than a soft bed and clean place to sleep. They want hotels that reflect their interests — be it art, music, fashion or work — and allow them to mingle with other travelers who share these passions too. That’s given lifestyle hotels a boost, with […]
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Singapore’s F1 race boosts tourism to the island — and other parts of Asia-Pacific
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by […]
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The U.S. is losing travelers. Here are the countries that stand to benefit
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in […]
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How are Gen Zs affording luxury trips? For some, it’s all a facade
Jon Morgan, co-founder of business consulting firm, Venture Smarter, was mentoring a Gen Z entrepreneur when he noticed something strange about her life and the one she portrayed online. His 23-year-old mentee had spent 1½ years crafting a luxury travel persona — one that suggested she was living a $500,000-a-year lifestyle, he said. In reality, […]
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‘Gringos leave’: Protests targeting travelers rise as overtourism anger grows
Nan Palmero was at a rehearsal dinner in Mexico City’s trendy Roma Norte neighborhood, ahead of a wedding of two American friends, when he heard a “rumbling” outside. From the restaurant’s second story, Palmero described seeing a large group of people moving through the streets, some holding placards, shouting “Gringos leave.” He later learned that […]
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Fewer people are drinking — and that’s changing how they travel
Peter Shankman, an American, said he looked forward to free drinks when he flew business class for work. The entrepreneur would have a drink, then a few more, sleep, then land. All was well, he said. Until it wasn’t. “Eventually, I realized that I wasn’t fine,” he said. “I was tired, cranky … [it] wasn’t […]
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Many business travelers are quietly taking their families along on trips
When American Natasha Colkmire returned to work after having her first child, she didn’t want to leave her newborn son with a nanny to go on a business trip. So she convinced a family member to tag along. “They would meet up with me when my son needed to be nursed,” she said. “We also […]
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We will ‘be ready’: After government rebuke, Resorts World Sentosa CEO discusses future of integrated resort
Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from […]
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