Bali's "U" or "V" Shaped Recovery Path for Domestic & International Visitors - HIS
Much has been made of the growth in domestic visitors to Bali in recent years, despite the impact of the pandemic. But just how important has the number of domestic visitors been to the occupancy and average daily rate (ADR) of Bali's hotels and resorts over the period 2018-2021?
Blue Lotus in Pranburi, Thailand, to rebrand under Wyndham name and join Wyndham Hotels & Resorts portfolio
Wyndham Destinations Asia Pacific has signed an agreement to manage the 194-key Blue Lotus Hua Hin – previously Evason Hua Hin under Six Senses – which will join the global portfolio of hospitality franchising leader Wyndham Hotels & Resorts as Wyndham Hua Hin Pranburi Resort & Villas....
JLL advises on sale of 2ND by hotel androoms in Sapporo and Nagoya
The combination of the weak Yen and expectation of strong industry recovery, following the full re-opening of borders in October, is driving unprecedented interest in Japan hotel investment from across the globe.” says Charlie Macildowie, Senior Vice President, Investment Sales, Asia Pacific,...
L to R: Henry Chin, Global Head of Investor Thought Leadership & Head of Research Asia Pacific, and Steve Carroll, Head of Hotels & Hospitality, Capital Markets, Asia Pacific for CBRE.
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Asia Pacific Hotels & Hospitality Market Continues to Grow as Travel Demand Returns
Investment in Asia Pacific Hotels Rises to $10.1 Billion YTD—17% Increase Y-O-Y. Investors’ strong capital reserves are underpinning increased appetite for operational real estate, with well-located, high-quality hotel assets in key markets keenly sought after,” said Steve Carroll, Head of...
Marriott International poised to expand Asia Pacific luxury hotel portfolio
Marriott International poised to expand Asia Pacific luxury hotel portfolio with 14 expected additional properties by end of 2023. "Today’s luxury traveler is looking for authentic experiences that are personalized, thoughtful and uniquely meaningful," said Bart Buiring, Chief Sales and...
Ariara Island Linapacan Palawan for sale approximately 200 nautical miles southwest of Manila. Private Island for sale by Michael McCullough Managing Director, KMC Savills Philippines, comprising 125 acres, 10 luxurious villas and 5 Star facilities along the island’s pristine white sand beach....
IHG Hotels & Resorts to open Hotel Indigo in Tokyo’s world-famous Shibuya district in late 2023
IHG Hotels & Resorts has signed a management agreement with Pan Pacific International Holdings Corporation to open Hotel Indigo Tokyo Shibuya in late 2023.
Why scent is synonymous with luxury stays - Vanity Group
According to Paul Tsalikis, CEO and Founder of VANITY GROUP, one of the world’s leading luxury hotel amenity providers, scent branding is as equally as important as your hotel logo.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.