Intercontinental Hotels Group has announced its ambitious plans to expand its portfolio in Saudi Arabia by adding over <strong>10,000 rooms</strong> within the next two to three years. This expansion aligns with its strategy to enhance its presence in the Saudi market.
Jakarta's hotel occupancy rates saw a significant decline in February 2026, reaching 51.72%, a decrease of 0.78% compared to January. This trend reflects ongoing challenges in the Indonesian capital's tourism sector.
The city of Bogor in Indonesia experienced a significant increase in hotel occupancy during the Eid al-Fitr holiday, reaching a rate of <strong>71%</strong>. This trend reflects a recovery in the tourism sector following a period of stagnation.