APAC hotel investments hit five-year high in 2013
HOSPITALITY investments rose to a five-year record high in 2013 for the Asia-Pacific region, according to global real estate consultancy Cushman & Wakefield. While China,...
Asian hotel investors flock to Australia
AROUND A$1.4 billion (US$1.48 billion) was splashed out on Australian hotel and resort acquisitions during the one-year period till June 30, 2012. Led by...
Travellers care less about budgets than experiences: Visa survey
BUDGETS have become less important to travellers, who now care more for the types of attractions, quality of scenery and rich cultural experiences that...
Singapore hottest for Malaysian business travellers: Accor
BUSINESS travellers in Malaysia have ranked Singapore as their top destination in the third annual Accor Asia-Pacific Business Traveller Research.
According to research findings, the...
Australia, Hawaii, New Zealand ‘most attractive’ to Asians this year
ASIAN travellers are finding Australia and farther destinations of Hawaii and New Zealand most enticing this year, according to the Asian Outbound Traveller Survey...
Bangkok hotels shine amid mixed performance for APAC in November
ASIA-PACIFIC (APAC) hotels suffered a slight dip in occupancy but achieved modest increases in average daily rate (ADR) and revenue per available room (RevPAR)...
Business travel costs to hold firm for 2015: AMEX
HOTEL and airfare rates will remain relatively flat in 2015 as cooler economic growth in Asia-Pacific (APAC) and forces of supply and demand exert...
Thailand remains prime travel destination for Singaporeans
BANGKOK and other destinations in Thailand will enjoy continued popularity among Singaporean travellers in the year ahead, according to the latest data from Hotels.com.
Besides...
Thailand most popular for Chinese outbound
THAILAND retains its heavyweight status as a top holiday destination in Asia, with three cities featured on TripAdvisor's list of Top 20 Most Popular...
Asia’s hotel transaction volumes skyrocket 85 per cent
HOTEL transaction volumes within Asia reached US$1.3 billion in 1H2013, representing an 85 per cent year-on-year increase over 2012, or the strongest first half...