Shareholder and government pressure to drive ESG change at Asia Pacific hotels says JLL
Almost 75% of investors polled by JLL now see ESG factors as critical when deploying capital in the hotel sector says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.
BrewDog and Australian Venue Co. Partner to open BrewDog Bars in Australia
BrewDog and Australian Venue Co (AVC) announced a new franchise deal today for Australia. BrewDog co-founder Martin Dickie said: “Since opening our taproom and brewery in Brisbane, we’ve been blown away by the support we’ve received from the local community. “Paul Waterson, CEO of AVC,...
Singapore mid-market hotel demand to accelerate in 2022 - JLL
Singapore’s mid-market hotel sector will continue to post healthy post-pandemic growth performance, fueled by increased tourist demand and reflected by heightened investment says says Noel Neo, Head of Singapore Mid-Markets, JLL Hotels & Hospitality Group.
Delayed but welcomed hotels recovery set to hit New Zealand shores says Colliers
The past few months have brought a significant amount of positive news for New Zealand’s hotel sector as it continues on the path to recovery following the Covid-19 pandemic says Dean Humphries, National Director of Hotels at Colliers.
Pub, hotel and tavern depreciation - BMT Quantity Surveyors
The pub sector is a competitive arena. To retain popularity, pubs and taverns will often be made over, restored to former glory or reinvented entirely.
CBRE launches Asia Pacific Hotel Market Outlook – Trends to Watch in 2022
Asia Pacific hotel investment staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The sector’s steady rebound was underpinned by a growing volume of capital seeking to increase its exposure to the sector, CBRE Asia Pacific Hotel Market Outlook - Trends to Watch in 2022...
Hilton calls for “new normal” in travel to re-establish international mobility at WTTC
Alan Watts, President, Asia Pacific of leading global hospitality company Hilton recently attended the World Travel & Tourism Council (WTTC) Global Summit 2022 held in Manila, the Philippines, from 20-22 April 2022.
Le Meridien Hotels and Resorts launches the “Nouveaux Horizons” campaign across Asia Pacific starring super model Barbara Palvin
“We are delighted to launch the Le Méridien ‘Nouveaux Horizons’ campaign with Barbara Palvin who embodies the brand’s chic, wanderlust lifestyle,” said Jennie Toh, Vice President Brand Marketing and Management, Marriott International Asia Pacific.
Knight Frank Survey reveals strong appetite for Malaysian Hotel investment with 64% of respondents looking to increase their exposure.
James Buckley, Executive Director Capital Markets, Knight Frank Malaysia, says “We do expect to see an increasing number of hotel transactions over the next 24 months.