While the pandemic is anticipated to prolong, hotels should start to draw up plans in preparation for a recovery. In the meanwhile, it is the perfect time to relook into operational strategies, cost-saving initiatives, refurbishment, marketing distribution channels, staff training and technology upgrade.
In Focus: Singapore 2020 provides an overview of Singapore’s tourism landscape and hotel market performance, infrastructure development, revitalising and repurposing hotels, hotel transactions and investment in 2019, outlook and crisis management.
The strengthening of the Thai Baht and the ongoing US-China trade war have resulted in a decline in average rate growth and softer demand level in 2019. Furthermore, the extensive hotel supply growth in Bangkok has been the dominant topic for discussion. While a multitude of factors will impact the market performance in 2020, including the recent Coronavirus outbreak, it is evident that the 4,000 new hotel rooms scheduled set to open this year will put Bangkok’s hotel market under pressure.
The Market Snapshot: Asia Pacific 2019 highlights an overview of transaction activity in the region and presents 12 countries’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
In Focus: Vietnam 2019 provides an overview of Vietnam’s ten leading provinces' tourism landscape and hotel market performance, infrastructure development, hotel transactions and investment in 2018 and outlook.
The Sixth Edition of the Asia-Pacific Hotel Operator Guide provides owners and investors with a unique reference about the presence and scale of 50 international operators with 244 brands, across 1,008 markets and 5,742 properties in the Asia-Pacific Region.
In 2018, Los Angeles welcomed a record 50 million visitors, with hotel occupancies and average rates reaching peak levels. Nevertheless, hotels have begun to feel the effects of new supply. This article provides an outlook for 2019.
The Market Snapshot: Asia Pacific 2018 highlights an overview of transaction activity in the region and presents 16 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
The Hotel Valuation Index analyses economic as well as hotel-market specific demand and supply dynamics to derive indicative values and future growth trends for the top 25 hotel markets in 12 countries in the Asia Pacific region.