Commercial Hotel
These five new hotels will open in Singapore this year
The hotels will add 1,031 rooms to the market.
These five new hotels will open in Singapore this year
The hotels will add 1,031 rooms to the market.
Almost half of new hotel openings in Jakarta will be serviced apartments
Six properties are expected to open within this year.
New hotel openings to watch out for in Bangkok this year
One is The Standard at Mahanakorn which is set to be Bangkok’s tallest building.
APAC hotel investment to reach $10.7b by year-end
Investment volumes increased 33% to $6.8b in H1 alone.
Brisbane to see 1,368 new hotel rooms by 2024
Room supply increased by 7.1% per annum between 2014 and 2019.
Revenge Tourism is the New Direction of Travel for Asia
Despite high airline ticket prices and new widespread Covid-19 variants, we have seen a surge in the demand for travel across regions which have eased...
Melbourne adds 1,311 new hotel rooms to its supply in H1
Over 2,000 rooms were added to the inventory in 2021.
Melbourne adds 1,311 new hotel rooms to its supply in H1
Over 2,000 rooms were added to the inventory in 2021.
Sydney’s hotel room inventory hits 21,632 in 2021
This is a 3% increase from the previous year.
Kuala Lumpur to see over 2,200 new hotel keys this year
One of the key openings will be the 527-room Parkroyal Collection.
Serviced apartments to account for 41% of new hotel rooms in Jakarta
Approximately 1,550 new rooms will enter the market this year.
Sydney hotel occupancy improves to 40.5% in Q1
Occupancy was at 37.4% in the same period last year.
Bangkok to see almost 30 new hotels this year
This equates to 7,000 keys.
Why Hong Kong hotels are being converted into co-living facilities
More investors are looking for suitable assets for such conversion.
Why Hong Kong hotels remain a coveted real estate investment this year
There has not been any significant distressed assets in the sector despite the pandemic.
APAC hotel investments surge 46% to US$12.1b in 2021
Hotels have gained appeal as a potential inflation hedge, says CBRE.
Asian hotels’ room occupancy to lag ADR: Colliers
Note, however, that most hotels are already achieving pre-COVID rates.
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
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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.
