L to R: Shaman Chellaram Colliers Senior Director Asia Hotel Advisory and Kei Sumiyoshi Colliers Senior Director and Head of Hotels & Hospitality Japan.
Strong investment in Japan hotels set to continue in 2025 says Colliers
According to Colliers’ Japan Hospitality Insights report, tourism has surged since Japan relaxed national borders, reinstated visa-free travel and relaunched a travel discount scheme.
With Bali positioned as a premier ecotourism destination, there are key takeaways from our studies that contribute to the success of eco-resorts on the island says Ross Woods, Founder & Head PT Hotel Investasi Strategis.
98 room Boutique Hotel Causeway Bay for sale by Savills Hong Kong
The 26-storey 98 room boutique hotel, located at 39 Morrison Hill Road, Causeway Bay for sale by Savills Hong Kong Director Mr. Raymond Wan, Chief Senior Director and Thomas Ng, Senior Associate, Investment Savills (Hong Kong) Limited.
JLL advises on Thailand’s largest ever single Hotel asset transaction THB5 billion
Hyatt Regency Bangkok Sukhumvit, Thailand’s largest single asset hotel transaction on record. JLL represented Thailand-listed firm Grande Asset Hotels and Property Public Company Limited on the THB5 billion ($155 million) transaction of the Hyatt Regency Bangkok Sukhumvit.
Concorde Hotel sold for SGD $821 million by Savills Singapore
Largest collective sale of 2024, Concorde Hotel and Shopping Mall Singapore sold to Luxury Peak Pte Ltd, a wholly owned subsidiary of Hotel Properties Ltd for SGD $821 million by Jeremy Lake Savills Managing Director, Investment Sales & Capital Markets.
Art-inspired luxury hotel in Tsim Sha Tsui Hong Kong honoured with “Best Hotel Renovation” and “Best Restaurant Design” titles in the Awards for Hospitality Experience and Design, continuing its impressive winning streak.
Amanda Hyndman appointed as Chief Operating Officer at Mandarin Oriental
Mandarin Oriental has announced the appointment of Amanda Hyndman to the position of Chief Operating Officer, effective 1 November 2024, following the retirement of Christoph Mares
Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "We reported solid third quarter results, with gross fee revenues reaching $268 million. Our pipeline reached a new record of approximately 135,000 rooms, increasing 10% year-over-year.
Hong Kong hotel investments to reach USD 500 million in 2024 - JLL
Oscar Chan, Head of Capital Markets at JLL in Hong Kong, said: "Currently, Hong Kong is experiencing high vacancy rates in many hotels, particularly in the three- and four-star categories, largely due to changing tourist consumption patterns.
