TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

C9 Hotelworks Releases New Asia Branded Residences Update

Category: Real estate, Posted:27 Mar 2020 | 16:19 pm

Asia now accounts for a third of hotel branded residences globally, which are in the market according to C9 Hotelworks latest research.  Over the next five years there will be an addition to inventory of 79 developments with over 16,130 units in the upscale through luxury tiers.  

In the region, Thailand is the leading market for pipeline projects, with over 4,700 units or 29% of incoming supply.  Coming second and third are the Philippines and Vietnam. Looking at locations, 42% are in the fast-emerging urban sector, with 58% being more traditional resort or leisure based.

Ranking hotel operators in the upscale to luxury tiers who are flocking to the sector in order to spur development deals, Marriott tops the list followed by ACCOR, Dusit, Hyatt, Shangri-La, IHG and Wyndham. Other prominent operators included Rosewood and Minor. 

Our expectation for Asia’s real estate sector that is currently disrupted by the COVID-19 crisis is that a China-led recovery will positively impact branded residences, given a high level of activity by Chinese developers and buyers in the market.

To download and read the full report click Asia Hotel Brand Residences Update 2020.

 

Other News

Read more

C9 Hotelworks Releases Mid-Year Phuket Hotel Market 2023

Category: Hotels|Tourism, Posted:10 Sep 2023 | 15:42 pm In the first half of 2023, Phuket experienced a resurgence, signaling a promising path toward recovery. International and domestic flights both saw significant increases, accounting for 75% of the total flights in 2022. Airlines and travelers alike are eager to reengage with Phuket’s offerings. In terms of passenger arrivals, the first half of 2023 displayed […]
Read more

The Green Minute – PHIST 2023

Category: Hotels, Posted:10 Sep 2023 | 14:11 pm For those of you who missed PHIST 2023 and those of you who did attend, please find a selection of video short Green Minutes from the event. Sustainability has to be a priority for the hotel and travel sectors and hopefully the ideas and messages here, give you your own inspiration to go green. PHIST […]
Read more

TG’s Big Birds Set To Fly Phuket Bangkok Route Again

Category: Tourism, Posted:08 Sep 2023 | 16:14 pm One good indication of Phuket’s return to tourism recovery is airlift growth. Making news this week is Thai Airways International’s reported resumption of service on the high-traffic Phuket Bangkok route. The airline will start a once-daily right on 1st October 2023. Thai Smile (WE) will still operate other flights til the end of November when […]
SiaJai logo

Thailand's Leading Homecare Marketplace