Commercial Hotel
Japan new hotel supply growth to underperform 10-year average of 3.7%
New supply is expected to have a CAGR of only 0.4% until 2027.
Japan new hotel supply growth to underperform 10-year average of 3.7%
New supply is expected to have a CAGR of only 0.4% until 2027.
Japan hotel investment volumes hit record highs in 2023
Investments more than tripled to JPY500b during the year.
Korean hotel investment activity forecast to pick up this year
This is particularly true for luxury hotels.
Kuala Lumpur hotel supply to grow by 11.4% this year
This is equivalent to over 5,600 new rooms.
Over 1,600 rooms to enter Jakarta’s hotel market in 2024
This will cause the city’s hotel supply to grow by 2.9%.
Seoul sees 2,000 new luxury hotel rooms in 2023
But supply growth will be muted in 2024.
Bangkok sees 16 new luxury hotels in 2023
Over 3,300 keys were added to the city’s supply.
Tokyo to see two new luxury hotels by H1 2024
These projects will add nearly 250 rooms to the city’s stock.
One new luxury hotel opens in Sydney in Q4
The world’s largest W Hotel recently added 586 rooms to the city’s stock.
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.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
