Prevailing economic uncertainties and the high interest rates weakened the investment sentiment in Hong Kong’s hotel sector in 2023. That year, hotel transactions accounted for only 17 percent ...

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In 3Q24, the average revenue for rooms available for sale of The Peninsula Hotels was $2,144 in Hong Kong, down 13.9% YoY, while the average room rate was $5,262, down 20.3% YoY, with an occupancy ...

The tourism and hospitality industry in Southeast Asia is shifting as it recovers from the pandemic. We're seeing hotel room rates fluctuate due to factors like inflation, increased demand, and the ...

Attractive 16-story Hotel set in the heart of Kowloon's business & shopping district, a 5-minute walk from MTR subway station. The Luxe Manor39 Kimberley Rd, Kowloon, Hong Kong 999077.1 miles New ...

According to new data by JLL, full year Asia Pacific hotel investment volumes in 2024 are anticipated to grow by 4.3% over 2023, which totaled $11.7 billion.

helping lift monthly hotel occupancy rate to as high as 87 per cent from 75 per cent in 2022, according to data compiled by Colliers. Before the social unrest in 2019, local hotels filled 94 per cent ...

Perth Airport has partnered with Australia’s largest hotel operator, Accor, to operate the first hotel on the airport estate ...

In welcoming its guests, whether local or international, Marco Polo Hotels doesn’t waver. It has always showcased the warmth ...

In response to queries from The Straits Times, Hong Kong police said the incident occurred at around 9.20am. The 63-year-old man was using the massage pool at Royal Plaza Hotel in the Mong Kok ...

In Tokyo, the occupancy rate was at nearly 78%. According to data from Colliers, Japan’s H1 2024 hotel performance showed ...