Tag: APAC Hotels
Near-term outlook for APAC hotels remains dim
Battered by the coronavirus pandemic, hotels across Asia-Pacific continued to perform poorly in Q2, with a gradual U-shaped recovery likely, according to Colliers International's...
Shrewd revenue management is critical during downturn
Rachel Grier, area vice president, Asia Pacific for IDeaS Revenue Solutions, argues why hoteliers should avoid knee-jerk reactions to tackle market uncertainty during the Covid-19 slump, but adopt shrewd revenue management strategies that will sustain the business in the long run.
Macau worst hit by Covid-19 among APAC hotels: STR
Hotels across the Asia-Pacific region have taken a severe dip in occupancy amid the Covid-19 outbreak, with Macau, Hong Kong and Taiwan the most...
APAC’s hotel investments to exceed US$11 billion in 2019: JLL
Asia-Pacific’s hotel transaction volumes are expected to increase by 25 to 30 per cent year-on-year to more than US$11 billion in 2019, as investors...
Bidroom brings no-commission room booking model to APAC
A "fair-minded" hotel booking platform is touting to boost the profitability of the Asia-Pacific hotel sector with its "radically different business model based on...
APAC hotel trading hit US$4.5 billion in 1H2019, underpinned by strong...
APAC hit US$4.5 billion in the first six months of 2019, with more than half of the capital originating from domestic buyers in Japan,...
