The tourism in Southeast Asia is rising, especially in Vietnam where the number of new hotel constructions is increasing.
The region’s occupancy for March fell 0.3% to 68.7%. Affected by the continued devaluation of the Japanese yen.
Asia-Pacific hotel management, development and consulting group, Bespoke Hospitality Management Asia (BHMAsia) announced a new website for holiday villa rental in Chiang Mai.
China leads the pack. According to a report issued at the ITB Berlin, one in 10 international trips begin in China, and the market will continue to grow.
Shangri-La, Meritus, and Pan Pacific Hotels & Resorts Embrace TravelClick’s Demand360 Business Intelligence Product.
Marriott International has announced its Asia Pacific (APAC) operation has won a series of prestigious workplace awards within the first four months in 2015.
The region’s occupancy for February fell 3.6% to 64.6%; its ADR dropped 3.6% to $117.64; and its RevPAR decreased 7% to $75.97.
Hotels in the Asia Pacific region experienced negative year-over-year results in the three key performance metrics during February 2015 when reported in US dollars.
Driven by stable economic performance and relatively high yielding assets, many investors over the past two years have been attracted to opportunities across Asia Pacific.
With the Middle Eastern investment community maturing and the Chinese economy showing constraints, expect to see an impressive influx of Asian capital flowing through Europe.
A new wave of capital from Asia is making a beeline for Australia’s trophy hotel assets, driving domestic buyers out of the high-end market as competition strengthens.
Asia is a vast and beautiful continent, one which is veiled with hidden gems to entice the curious traveller.
High-profile acquisitions by Chinese investment groups into overseas real estate indicate that a large portion of global hotel transactions will be completed by Asian capital in 2015.
Preliminary passenger traffic results for 2014 showed continued moderate growth from last year in Asia-Pacific airports at +5.9%.
Accor Hotels has launched a “Savour, Snap, Share” social media campaign across Asia, aimed at bringing together social media, food and selfies.
Meadin.com and NowTravelAsia will cooperate to show the rich culture of Chinese and Asia-Pacific hospitality and tourism to the public with the carrier of magazines and websites.
According to the December 2014 STR Global Construction Pipeline Report, the Asia Pacific region reported 2,390 hotels comprising 537,726 rooms Under Contract.
A slew of new sub-brands by both global and Asian hotel chains are jostling for acceptance in Asia, but while chains see huge potential.
JW Marriott Hotels & Resorts plans to open three properties in Greater China and one hotel in India by summer 2015.
Now Travel Asia reveals Asia’s Best in travel industry at the Gala Ceremony. X2 Kui Buri is once again awarded a place in Asia’s top ten design hotels, for the second year consecutively.
IHG announced to eatablish a new National Sales Organisation (NSO) to support its growth plans in South West Asia and appoint Jaideep Khanna as Director of Regional Sales, South West Asia, IHG.
The 2014 Asia Pacific Accorhotels Social Media Monitor found that women and younger travellers are more likely to follow a brand on social networks.
Asian students are interested in hospitality and tourism programs more so than in the past because tourists from China and other Asian countries start streaming into popular destinations.
IDeaS Revenue Solutions has announced the appointment of Rachel Grier as Managing Director of the company’s sales operations in Asia.
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