Commercial Hotel
Are Thai property buyers finally ditching the ‘wait and see’ approach?
They are beginning to establish acquisition strategies for this year.
Are Thai property buyers finally ditching the ‘wait and see’ approach?
They are beginning to establish acquisition strategies for this year.
Operators, investors on the lookout for distressed hotel assets in Japan
The distressed opportunities make great entry points into Japan’s promising hospitality market.
13 real estate themes to watch out for as Melbourne recovers post-pandemic
Stakeholders in Melbourne’s property markets have reason to be optimistic.
CDL suffers $1.9b loss in H2 2020
The property firm's revenue fell by 38.5% for FY 2020.
MICE activities to kickstart Singapore hotels' recovery
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
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
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
Only 14% anticipate buying hotel assets in the same time frame.
Doom and gloom: Japanese hotels brace for grim short-term outlook
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
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
The most liquid markets were Japan and South Korea.
Real estate investments in APAC hotel, retail sectors plummet by up to 61%
But volumes have yet to hit 2008/09 lows.