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Asia's Hotel Pipeline Retracts 17% in Third Quarter

Category: Hotels, Posted:10 Dec 2009 | 04:08 am

For Q3 Asia's hotel pipeline has retracted by 17% for projects versus Q2 of 2009 according to figures released by Lodging Economics. Development went from 2,226 project down to 1,841; though in terms of total rooms the downward trend was 13%. The regions two bull markets India and China account for 81% of the new supply in hotel projects.
Asia has continued to lead the world with its continued pipeline sustained during the global recession but at the same time while projects at more advanced phases of development are continuing, those still in early planning are where the write off's are for the moment. At the same time many Asian high net worth hotel owners have elected to look at stressed existing assets with developing market such as Australia favored.

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Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
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The C9 Sessions – Understanding Thailand’s Hotel License Regime and Procedures for Branded Residences, Condo Hotels, Mixed Use Projects and Vacation Rentals

Category: Hotels|Real estate, Posted:13 May 2024 | 16:39 pm Branded residences, condo hotels, mixed-use projects, and vacation home rentals are becoming a significant player in Thailand’s hospitality space. As property developers, real estate investors, and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute co-working lunch learning session about all the moving parts in […]
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Phuket Hotels Association Charity Online Auction Now Open

Category: Hotels|Tourism, Posted:28 Apr 2024 | 09:14 am The Phuket Hotels Association’s absolutely fabulous charity travel sale is now open. This annual event continues to grow with amazing travel stays and other prizes not only in Phuket, but across the region and the world. New items are continuing to be added so check back often. All proceeds go to support over 20 full-time […]
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