TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

China Hotel Market Saturated With New Hotels

Category: Hotels, Posted:27 Mar 2012 | 10:59 am

The Hotels online magazine this morning ran a story covering Horwath HTL's new China data on how oversupply is hitting operating performance.
After a four year build up of news rooms in the market leading indicator RevPAR is under attack and hotel payback periods are now moving out into the distant horizons.
Despite inducing demand into the marketplace, the massive supply line has created jitters for hotel investors.
One market which has managed to buck the trend is the resort destination of Sanya.
Damien Little of Horwath HTL points out that it's exceptionally hard to pinpoint if supply growth is mismatched to demand growth.
Certainly Bangkok hotels should take note of the trend in a city which is virtually swimming in new hotel supply coming online.

Other News

Read more

Eat, Pray, Sleep Bali-Style. How I Escaped the Box

Category: Hotels, Posted:28 Nov 2022 | 14:20 pm It’s been nearly thirty years since luxury hospitality innovator KP Ho and Banyan Tree took hotel guests out of the box and into their own private villa with a swimming pool in Phuket Thailand. At the time, the idea was radical, captivating, and edged over the boundary of hospitality norms. Fast forward to 2022 and […]
Read more

Patong Hotel Affiliates With IHG’s Vignette Collection

Category: Hotels, Posted:16 Nov 2022 | 08:46 am Phuket’s hotel sector is seeing a renewed push in brand affiliations. The latest is Patong’s Dinso Resort’s tie-up with IHG’s (InterContinental Hotels Group) Vignette Collection. Dinso features 148-rooms and 28 themed pool villas. Branding to Vignette will come into effect by mid-2023.
Read more

Minor Signs Phuket Resort, First NH Branded Hotel In Asia

Category: Hotels, Posted:15 Nov 2022 | 08:10 am Makings news in Phuket is the signing by Minor Hotels of their first NH-branded property in Asia. The 270-room Boat Lagoon Resort has been converted and is now operated by NH. NH is part of Minor Hotels and has over 330 properties in Europe and the US. Under Minor, the Anantara brand has been expanding […]
SiaJai logo

Thailand's Leading Homecare Marketplace