The LET Group has issued a profit warning for the first half of the year, noting that it expects to record a loss for the period, reversing a profit of HK$450.6 million ($57.8 million) seen in 1H23.

Extreme hotel price hikes during the Chinese New Year (CNY) holiday may no longer be a concern in Macau, given the increasing inventory and rational consumption trends.

One of the world’s biggest Online Travel Agencies (OTA), headquartered in Shanghai, Trip.com Group reveals that the domestic and international business continued to show robust recovery in 2Q23, with China’s domestic hotel bookings growing by 170 percent y-o-y and by over 60 percent compared to the same period in 2019.   

Property developer Megaworld Corp is set to open the 1,500-room Grand Westside Hotel before the end of the year inside its 31-hectare Westside City township in the bustling Entertainment City in Parañaque City.

Philippines conglomerate Alliance Global Group (AGI) has identified six sites in the country for new hotels, expected to be operational over the next five years.

Philippines conglomerate Alliance Global Group (AGI) seeks to expand its casino resort ventures outside of Manila to reach fast-growing areas.

Malaysian-based supplier RGB International has reported profit growth of 418 percent yearly, to RM10.5 million ($2.3 million), for the quarter ended March 31st, 2023.

The controlling shareholder of Philippine Stock Exchange-listed Suntrust Resort Holdings, LET Group Holdings, has confirmed that there is no delay with its Manila hotel and casino project, scheduled to open in 2024.

Property developer Megaworld Corp is investing some PHP15 billion ($261.34 million) in a three-hectare ‘new integrated lifestyle community’ in Manila that will include a casino.

Resorts World Manila’s Hotel Okura Manila opened its doors to the public on Wednesday following an opening ceremony adorned with Japanese cultural displays and performances.