Confirmed hotel transaction volumes in Asia reached USD 1.3 billion in H1 2013, up 85 percent on H1 2012, according to Jones Lang LaSalle’s Hotels & Hospitality Group.
Asia Pacific hotel property assets are not the high risk investment they’re often played out to be, according to IPD’s latest Asia Pacific Hotel Investment Index, which is sponsored by Jones Lang LaSalle and Ryan Lawyers.
Nine of the new resorts will open in China, and the other will open in Indonesia. With these new additions, Sheraton will boast the largest portfolio of resorts under one brand in the four and five star category.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced it has surpassed the 200th hotel milestone with a flurry of recent openings in China, India, Thailand and Malaysia. Starwood continues to widen its lead as the largest operator of four and five star hotels in Asia Pacific with plans to reach over 320 hotels by 2014.
The November 2011 edition of Deloitte's Asia Pacific Economic Outlook gives a near-term outlook for China, India, Malaysia, Taiwan and Vietnam.
In year-over-year measurements, the Asia/Pacific region’s occupancy ended the month virtually flat with a 0.4-percent increase to 68.1 percent, its average daily rate increased 6.6 percent to US$140.06, and its revenue per available room jumped 7.1 percent to US$95.34.
The October 2011 edition of the Asia Pacific Economic Outlook gives a near-term outlook for China, Japan, the Philippines, Singapore, and South Korea.
In year-over-year measurements, the Asia/Pacific region’s occupancy ended the month virtually flat with a 0.1-percent increase to 68.1 percent, average daily rate increased 12.2 percent to US$142.86, and revenue per available room jumped 12.3 percent to US$97.32.
The September 2011 edition of the Asia Pacific Economic Outlook gives a near-term outlook for Australia, China, India, Indonesia and Thailand.
The August 2011 edition of the Asia Pacific Economic Outlook gives a near-term outlook for China, Japan, Malaysia, Taiwan and Vietnam.