Commercial Hotel

Sydney to see six new hotels in the near term

These hotels will add over 1,400 rooms to the market.

Sydney to see six new hotels in the near term

These hotels will add over 1,400 rooms to the market.

What were the two notable hotel openings in Tokyo in Q3?

The new hotels brought supply to over 22,000 keys as of September.

Kuala Lumpur hotel supply to grow by 1.6% in 2023

A total of 1,685 keys are expected to be added to the market this year.

Seoul’s new hotel supply pipeline remains muted 

There were only 1,058 rooms completed in the first nine months of 2023.

Serviced apartments dominate Jakarta’s new hotel supply in 2023

Over 70% of the new rooms to enter the market are from serviced apartments.

Bangkok sees three new luxury hotels in Q3

A total of 588 keys were added to the market.

Singapore hotel supply to grow by nearly 5,000 rooms until 2025

There were over 3,200 new hotel rooms as of YTD September.

APAC hotel market finally emerged from hibernation: Savills

Hotel room rates were underpinned by pent-up demand.

Pricing gap widens between buyers and sellers in logistics facilities

Asia-Pacific investment volume dropped by 30% in the third quarter this year driven by a rise in retail and hotel acquisitions.

Accor Asia offers culturally sensitive hotel experience

Paris-based hotel group Accor is eyeing to open over 189 hotels in Asia by 2030.

Singapore’s hospitality sector closes first ever investment deal of the year in Q3

It’s a deal worth over S$500m for the sale of PARKROYAL on Kitchener Road.

APAC hotel investments drop 29% to US$8.4b as of Q3

Nearly a third of the investments were recorded in Japan.

Bali hotel room supply now at nearly 60,000

This is a 0.8% decline from 2019 supply levels.

Here’s a rundown of Jakarta’s hotel market performance

At least five hotels are slated to open by end-2023. 

Japan’s hotel market to finally see a full-fledged recovery 

Active hotel transactions are projected to continue in H2.