Shangri-La won several awards including the title of the “Best Business Brand in Asia Pacific”, as well as the “Best Business Hotel in the World” for the Shangri-La Singapore.
With forecasts for strong economic growth, more countries in AP will move up the rankings of the largest economies worldwide.
Hyatt Hotels & Resorts Asia Pacific announced a series of senior advancements in its core leadership team to support its expansion in Asia Pacific.
ZDirect has appointed Michael Dunphy, the 16-year hospitality industry veteran and former hotel general manager as Director of Sales for the APAC region.
Sandy Russell was appointed as new Carlson Rezidor VP, Commercial Operations in Asia Pacific.
Wedding planners at The Ritz-Carlton are redefining the art of the wedding atelier. They make artisanal luxury wedding shows to fuel the dreams of couples who are looking for special affairs.
Hotels in the Asia Pacific region experienced mixed results during the first six months of 2014 when reported in U.S. dollars, according to data compiled by STR Global.
GBTA Foundation Report Forecasts Global Business Travel Spending to Hit Record High of Nearly $1.2 Trillion in 2014.
In year-over-year measurements, the Asia Pacific region"s occupancy ended the month virtually flat with a 0.2% decrease to 70.9%, its ADR fell 0.6% to US$135.51 and its RevPAR was down 0.8% to US$96.08.
The Asia Pacific hotel development pipeline is the largest among the world’s regions in October, comprising 1,697 hotels totaling 374,523 rooms, according to new data from STR Global.
This was the second consecutive month with a declining growth rate and heralds the impact of the various economic contagions across the globe. For the first five months of 2012, the average growth in international visitor arrivals into Asia Pacific destinations was 6% up year-on-year.
Asia Pacific’s hotel development pipeline in July comprised 1,641 hotels totalling 375,917 rooms.
The Asia Pacific hotel development pipeline comprises 1,625 hotels totaling 374,604 rooms.
According to the survey conducted across key cities in seven Asia Pacific markets, an estimated 44 million people travel on family holidays every year – chalking up an annual spend of US$29 billion.
In year-over-year measurements, the Asia Pacific region"s occupancy increased 3.8% to 67.6%, its average daily rate increased 3.6% to US$145.01 and its revenue per available room was up 7.6% to US$98.07.
The Asia Pacific hotel development pipeline in April led the world’s regions at 1,591 hotels totaling 365,507 rooms, according to data from STR Global.
China: A surge in bank lending, an acceleration of industrial production, and improving retail sales may spur growth in the coming quarter. On the other hand, declining foreign direct investment suggests ongoing economic stress.
Asia Pacific and Europe topped the global pipeline in March according to the latest figures from STR Global.
The February 2012 edition of the gives a near-term outlook for China, Japan, Malaysia, Taiwan, Vietnam.