CBRE: Over 72% of Investors plan to buy more hotel assets in APAC
Rebound in tourist arrivals, particularly in Japan, Singapore and Australia, sparks investor interest in hotel assets. CBRE 2025 Asia Pacific Hotel Investor Intentions Survey.
Marriott International sets record growth in APEC with 100+ signed deals in 2024
With record annual deals and rooms signings, Marriott International APEC region added over 21,000 rooms to its development pipeline in 2024, driven by strategic conversion and multi-unit agreement strategy.
Ascott accelerates Oakwood signings to capture rising demand
The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), has accelerated the expansion of its Oakwood brand, signing 16 new properties in 2024.
JLL’s (NYSE:JLL) Hotels & Hospitality Group has been appointed the exclusive sales agent to market Fairfield by Marriott Seoul in South Korea for sale.
Raffles Sentosa Singapore scheduled to open 1 March 2025
Raffles Sentosa Singapore, the country’s first all-villa property, slated to open on 1 March 2025, the hotel represents an exciting new chapter for the storied Raffles brand, which was founded in Singapore in 1887 with the debut of Raffles Singapore.
Colliers announces Govinda Singh, Colliers’ Executive Director, Advisory Hotels & Hospitality in Asia
Commencing immediately, Govinda Singh, Colliers’ Executive Director, Advisory I Hotels & Hospitality in Asia, will also take on the new title of Executive Director, APAC Capital Markets I Hotels & Hospitality.
Howard Johnson by Wyndham debuts in Thailand with upscale coastal resort
Wyndham Hotels and Resorts announce the debut of the Howard Johnson brand in Thailand, marking a significant milestone in Wyndham’s ongoing expansion in Southeast Asia.
25hours Hotel Jakarta The Oddbird Opens its Doors in Jakarta
Jesper Soerensen, General Manager of 25hours Hotel Jakarta The Oddbird commented: “We are not just creating a place to stay, we are crafting unforgettable experiences, setting new standards while giving guests the liberty to express themselves.
Ascott named World’s Leading Serviced Apartment Brand at World Travel Awards 2024
Ascott named ‘World’s Leading Serviced Apartment Brand’, this marks the company’s third ‘World’s Leading Serviced Apartment Brand’ title in the last four years.
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.
