According to a new report from Horwath HTL, international visitor growth to the Indonesian island is slowing—but hotel developers are still interested.

The Shangri-La Hotel, Suzhou Yuanqu is set to open on June 1 as the luxury Asian hospitality group's second hotel in the city.

The company plans to open approximately 10 hotels per year over the next three years, adding more than 4,500 rooms to its existing portfolio.

After opening a Fairfield Inn & Suites and an Aloft hotel last week, Marriott plans to debut another Fairfield Inn & Suites this Friday.

The 237-room hotel will be part of a $540 million mixed-use community.

Unaffiliated projects represented the largest percentage increase (up 119.9 percent) in activity year over year. 

The luxury brand already has opened hotels in Shenzhen, China and the Maldives this month, and has a solid global pipeline for the coming years.

The Glasgow property, based in a historic townhouse, comes just months after the brand launched in Edinburgh.