Commercial Hotel
Melbourne adds 1,311 new hotel rooms to its supply in H1
Over 2,000 rooms were added to the inventory in 2021.
Melbourne adds 1,311 new hotel rooms to its supply in H1
Over 2,000 rooms were added to the inventory in 2021.
Sydney’s hotel room inventory hits 21,632 in 2021
This is a 3% increase from the previous year.
Kuala Lumpur to see over 2,200 new hotel keys this year
One of the key openings will be the 527-room Parkroyal Collection.
Sydney hotel occupancy improves to 40.5% in Q1
Occupancy was at 37.4% in the same period last year.
Bangkok to see almost 30 new hotels this year
This equates to 7,000 keys.
Serviced apartments to account for 41% of new hotel rooms in Jakarta
Approximately 1,550 new rooms will enter the market this year.
Why Hong Kong hotels are being converted into co-living facilities
More investors are looking for suitable assets for such conversion.
Why Hong Kong hotels remain a coveted real estate investment this year
There has not been any significant distressed assets in the sector despite the pandemic.
APAC hotel investments surge 46% to US$12.1b in 2021
Hotels have gained appeal as a potential inflation hedge, says CBRE.
Asian hotels’ room occupancy to lag ADR: Colliers
Note, however, that most hotels are already achieving pre-COVID rates.
Luxury, upscale hotels dominate Singapore hotel sector’s supply pipeline until 2024
The bulk of the new luxury supply is expected to launch in 2023 and 2024.
Bangkok to welcome nearly 50 new hotels this year
This represents over 10,000 keys.
Singapore hotel occupancy hits 65.3% in H2 2021
This is a 6.5% increase from the same period in 2020.
Expect 10 new lodging properties in Jakarta in 2022
A third of them will be serviced apartments.
APAC hotel investments to hit US$9b in 2022
Hotel sales grew 39% to US$8.5b in 2021.
Here’s a rundown of some notable hotel investments in Japan
Institutional investors dominated the market in 2021, with some active domestic players.
Office and hotel property investments in APAC to jump by up to 30% this year
Value-add strategies will prove to be especially useful in the office market.