Commercial Hotel

CDL suffers $1.9b loss in H2 2020
26 Feb 21
The property firm's revenue fell by 38.5% for FY 2020.
MICE activities to kickstart Singapore hotels' recovery
25 Feb 21
But the outlook for the hotel industry in Singapore in the immediate term remains cloudy.
This was how badly hit Melbourne hotels were in 2020
25 Feb 21
Melbourne's hotel occupancies declined to a historic low of just 20.4% in September 2020.
APAC hospitality investments down 54% to US$1.4b in Q4 2020
25 Feb 21
Around 6% of deals were put off in 2020.
Almost 1 in 2 investors don't plan on buying Malaysian hotel assets within the next two years
18 Feb 21
Only 14% anticipate buying hotel assets in the same time frame.
How Hong Kong real estate will be impacted by China's recovery
28 Dec 20
China is forecast to overtake the US as the world’s largest economy by mid-2030.
Sydney's hotel industry to see 534 rooms completed in 2020
7 Dec 20
This is only 2.5% of Sydney’s total room stock.
This is how badly hit Jakarta hotels were during the COVID-19 crisis
5 Nov 20
Occupancy rates and average daily rates hit historic lows of 15.8% and USD 45.50, respectively.
See how APAC hotel REITs are navigating COVID-19 woes
2 Oct 20
Hospitality REITs have led the decline over other major REIT sectors such as office (-27%) and retail (-31%) in H1.
Hotel occupancy in Bali drops to less than 10% in Q2
25 Sep 20
Average daily rate is depressing at US$50.
Doom and gloom: Japanese hotels brace for grim short-term outlook
6 Sep 20
Japan now has a record supply of new hotel rooms that will be left empty as international visitors decline 76.3% over the first half of 2019....
Sydney hotels' occupancy rates down to 66.6% in the year ending June 2020
25 Aug 20
The COVID shock was most apparent in April as occupancy dropped to 21.8%.
Hotel investment sales in Asia plummet 71.7% to US$1b in Q2
21 Aug 20
The most liquid markets were Japan and South Korea.
Real estate investments in APAC hotel, retail sectors plummet by up to 61%
14 Aug 20
But volumes have yet to hit 2008/09 lows.

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