Asia Pacific hotel investments to cross $12 billion in 2024: JLL
Analysis based on year-to-date capital volumes, a spike in transaction activities and strong market fundamentals says Nihat Ercan, CEO, 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.
La Vie Hotels & Resorts appoints David Wray to drive growth in Asia
With heightened interest in the hotel franchise model, particularly in Asia, La Vie Hotels & Resorts has moved to appoint highly respected hospitality leader, David Wray to the position of Senior Director, Growth & Development, ASIA.
BWH Hotels (BWH) announce the signing of three new SureStay properties in Australasia
Situated within BWH’s value and extended stay segments, the global powerhouse brand will introduce two economy SureStay hotels and first in market, extended stay brand, SureStay Studio to the portfolio.
Ascott’s Oakwood portfolio expands into new destinations, including cities in India, Indonesia, Malaysia, South Korea and Vietnam; as one of the fastest growing global brands in Ascott’s portfolio in 2023.
Ascott expands Oakwood portfolio by more than 20% with over 20 new signings following strategic acquisition in 2H 2022
Ascott’s Oakwood portfolio expands into new destinations, including cities in India, Indonesia, Malaysia, South Korea and Vietnam; as one of the fastest growing global brands in Ascott’s portfolio in 2023.
Marriott International poised to expand Asia Pacific luxury hotel portfolio
Marriott International poised to expand Asia Pacific luxury hotel portfolio with 14 expected additional properties by end of 2023. "Today’s luxury traveler is looking for authentic experiences that are personalized, thoughtful and uniquely meaningful," said Bart Buiring, Chief Sales and...
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.
