Commercial Hotel
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.
Hong Kong adds 2,000 new hotel rooms in the first nine months of 2023
In Q3 alone, 251 new rooms were completed.
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.
Why Jakarta’s hotel sector is set to have a lacklustre performance in Q4
The sector won’t recover until Q2 2024.
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.
Most Read
1. Tokyo overall industrial vacancy rate rises for the first time in two quarters 2. Singapore new private home sales more than tripled in November 3. Hanoi to see 90,600sqm of new retail supply by year-end 4. Two new malls slated to be completed in Kuala Lumpur by year-end 5. Seoul retail rents continue to rise in Q3Resource Center
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Real Estate Asia Awards 2024 opens nominations for exceptional projects, developments
![Real Estate Asia Awards 2024 opens nominations for exceptional projects, developments]()
Co-Written / Partner
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
