Commercial Hotel
Luxury segment to drive Seoul’s hotel supply until 2030
Luxury segment to drive Seoul’s hotel supply until 2030
Over 2,000 new rooms are planned to materialise by then.
Kuala Lumpur to add 3,180 new hotel rooms in 2025
In 2024, only 1,640 rooms were added to the supply.
Sydney to add 1,173 hotel rooms to existing stock
There are currently six hotels under construction, which will yield over 1,100 new rooms.
Singapore hotel room supply to grow at a CAGR of 1.5% until 2027
Find out some of the upcoming notable hotel openings.
Jakarta’s total hotel supply reaches 64,400 rooms in 2024
This includes serviced apartments.
Bangkok to see over 6,800 new hotel rooms in 2025
Multiple delayed projects will materialise this year.
Hong Kong hotel sector could fully recover by mid-2025
The positive momentum from 2024 is expected to continue this year.
Why Bali hotels’ performance is expected to soften in early 2025
Q1 2025 is projected to be slightly slower than the previous year.
These were the notable hotel transactions in Kuala Lumpur recently
A hotel acquisition deal worth RM250 million closed in Q4 2024.
Kuala Lumpur hotel stock to grow by 5.9% this year
A total of 2,261 keys will be added in 2025, bringing the total stock to 40,892 keys.
What was Singapore’s largest hotel opening in the first nine months of 2024?
This new hotel added 989 rooms to the market.
Sydney hotel supply to increase by 5.1%
Thanks to six new hotels currently under construction.
Kuala Lumpur hotel supply grows by 2.3% in the first nine months of 2024
Four new hotels added over 1,000 rooms.
Bangkok sees eight new hotels in Q3
These properties added over 1,500 new rooms to the market.
Seoul to see over 4,000 new luxury hotel rooms by 2030
The Mercure Hotel and Pullman Gwangjin are some notable projects.
Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024
The Dorsett Kai Tak and the Metropark Hotel are notable expected openings.
Jakarta hotel transaction volume could surpass USD200m this year
There is strong investor interest in the sector.
Most Read
1. What is the saving grace for Singapore’s rental market in 2025? 2. Ayala Land invests $500m for hotel expansion 3. Why private accommodation is set to boom in Osaka 4. Mumbai new prime residential launches hit record high of over 10,000 units 5. Kuala Lumpur remains most affordable prime residential market in APACResource Center
Read Here
Advertise
Sign Up
Event News
It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
