Commercial Hotel

APAC hotel market finally emerged from hibernation: Savills

Hotel room rates were underpinned by pent-up demand.

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.

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.

Seoul adds over 1,000 new hotel rooms in H1

This includes a luxury project with more than 600 rooms. 

Sydney beats other Australian cities in hotel investment volumes

Over AUD1.6b worth of transactions took place over the past 18 months to June 2023.

Two luxury hotels enter the Singapore market in Q2

Over 1,600 more rooms are expected to open in the remainder of the year.

Hong Kong welcomes 150 new hotel rooms in Q2

High construction costs are expected to hinder new hotel supply.

Kuala Lumpur’s hotel room stock to grow 18% by 2025

Over 80% of the hotels entering the market in 2023 are upscale.