Tourism leaders from across Asia and the Pacific have placed building resilience and embracing innovation at the heart of the sector’s restart and sustainable future.
Asia Pacific hospitality updates
Rydges North Sydney was Acquired by High Street Holdings for AUD75 Million.
APAC hotel construction pipeline shows YOY growth
Hotel construction pipeline in the Asia Pacific region, excluding China, is up 7% by projects and 9% by rooms Year-Over-Year.
Quarantine-free travel sparks a flurry of APAC travel intent
Daily flight searches to the APAC region are up 177% Year over Year.
The Americas and Asia Pacific regions show increased hotel pipeline activity
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter.
Asia Pacific hospitality update
LHN indirectly acquires River Valley Road property for SGD8.5 million.
Visitor arrival growth scenarios for APAC destinations
Pacific Asia Travel Association announced the release of destination-specific reports for each of 39 destinations within the Asia Pacific region.
APAC hotel construction pipeline ends 2021 with record highs
Asia Pacific’s total construction pipeline, excluding China, ended 2021 with Project counts up 5% year-over-year.
APAC hospitality industry update – Week Ending 4 February 2022
Shanghai Land Group acquired Hyatt on the Bund, Shanghai for RMB4.5 Billion.
Asia Pacific hospitality industry update
Key updates in the APAC hospitality industry in January 2022.
