Articles tagged “asia pacific”

China’s 'Big Three' airline groups are still struggling to turn a profit. Domestic travel remains strong, but flights to and from places like Thailand, North America, and Europe are a challenge. Air China and China Eastern are losing money, while China Southern is scraping by with a slender margin. In this week's feature story we ask why.

The hotel industry will be watching whether a potential sale of assets by New World Development will include a few ultra-luxury Rosewood hotels.

On today’s podcast we look at Hilton’s earnings, Accor’s way into Las Vegas, and why lifestyle hotels are booming in Asia.

For today's pod we look at decreasing travel spending, Delta's bet on premium, and Hyatt's luxury hopes in the Asia-Pacific region.

The global airline sector is in a growth phase, projected to reach $949 billion by 2026, driven by strong leisure demand and the significant rebound of business travel.

In this Australian version of David versus Goliath, Goliath always wins — at least until now. After years in the long shadow of Qantas, Virgin Australia appears to be closing the profitability gap. 

Ascott got its start providing extended stays for corporate travelers. But it hasn't opened enough properties in places where people dream of vacationing. So expect it to buy resorts.

Are the good times over for Singapore Airlines? Last week, it unveiled a lackluster 6% operating margin for the January-to-March quarter – roughly half the figure it earned at the same time last year. In this week's feature story, we assess the prospects for one of Asia’s most esteemed carriers.

There’s no shortage of new hotels in the pipeline in the APAC region. These 20 entrants, which just opened or opening soon, are geared toward the meeting and incentive market.

While Hilton recently made headlines for bringing its luxury lifestyle brand NoMad to Singapore, the group has made clear that the real growth story lies in the mid-market.