Hilton, Marriott, IHG, Accor, Wyndham: Asia Travel Booming Despite China’s Slow Recovery

Key Points

• Major hotel chains like Hilton, Marriott, IHG, Accor, and Wyndham are experiencing strong growth across Asia, especially outside China.
• China's hotel market is recovering slowly with flat or declining RevPAR, but companies remain committed to long-term investment and expansion.
• Outbound Chinese travel is significantly boosting hotel performance in neighboring Asian markets such as Japan, Vietnam, South Korea, and Indonesia.

Summary

The world’s largest hotel groups—including Hilton, Marriott, IHG, Accor, and Wyndham—are reporting robust growth throughout Asia, notably in markets like Japan, India, and Southeast Asia, even as China’s recovery remains uneven. While China’s RevPAR trends are subdued due to weak macroeconomic conditions and policy impacts, the region continues to see substantial investment from these companies, who are betting on long-term growth. Additionally, the resurgence of outbound Chinese travelers is providing a significant boost to hotel performance in other Asian countries.