AHRA achieves perfect 10 with addition of Vietnam hotel association
The ASEAN Hotel and Restaurant Association (AHRA) welcomes the Vietnam Hotel Association (VHA), marking the completion of AHRA now represented by all ten ASEAN member countries, symbolizing a new era of unity and collaboration within the ASEAN hospitality industry.
Hong Kong tourism numbers continue to rise - Colliers
The first half of 2024 brought 21.15 million visitors to the Hong Kong SAR, up 64% from the same period in H1 2023, with an average of 116,000 visitors daily. Hong Kong hosted 25 million visitors from January to July, up 52% year-on-year (YoY) says Colliers.
Park Regis by Prince Singapore debuts with a unique bi-cultural heritage
The launch of Park Regis by Prince Singapore marks Seibu Prince Hotels & Resorts' global expansion, following its new brand identity introduced in April. With rebranding and extensive refurbishment, the property now embodies its unique bi-cultural heritage and warm hospitality.
Atelier Capital Partners (SG) enters Singapore market - Capri by Fraser Changi City
Atelier Capital Partners Singapore (ACP), a family office established by Singapore’s Fortez Capital and Hong Kong’s Atelier Capital Partners, has successfully formed and led a consortium to invest in Capri by Fraser Changi City, Singapore.
The Connaught Hotel Hong Kong for sale en-bloc by Colliers and Knight Frank
Colliers and Knight Frank appointed as joint sole agents offer the en-bloc hotel, The Connaught at 138 Connaught Road West Sai Ying Pun Hong Kong for sale.
Hotel management agreements in Asia Pacific now average 17 years - JLL
Comprehensive industry study by JLL and Baker McKenzie draw conclusions from approximately 400 management contracts over 20 years says Xander Nijnens, Senior Managing Director, Head of Advisory & Asset Management, JLL Hotels & Hospitality Group, Asia Pacific.
Australian and APAC hoteliers divided on 24/25 outlook according to JLL Hotel Operators’ Sentiment Survey
The newly released JLL Hotel Operators’ Sentiment Survey 2024/2025 is forecasting mixed fortunes for the hotel sector in the Asia Pacific region in the year ahead says JLL Hotels & Hospitality Group Executive Vice President, Ross Beardsell.
JLL crosses JPY1 Trillion in Japan hotel investment advisory since 2000
Milestone further underpinned by unprecedented demand for Japanese hotels with JLL expecting a record year for transaction volumes in 2024 announced Charlie Macildowie, Executive Vice President, JLL Hotels & Hospitality Group.
Amora Hotels L to R Hemant Dadlani has been appointed as Amora’s Group Executive Chef, Tamer Habib Amora Hotels Vice President of Operations and Narej Farik, Group Director for Commercial & Business Development
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.
