Future Hotels Asia Summit’s Post

It is interesting to note that despite the strong increase in visitor arrival (over the year to 2024), the research report notes that the visitor arrival numbers will continue to significantly increase in future years. Asian countries are expected to contribute to the positive tourism activity. The Australian tourism market can be a lucrative business space for both service providers and asset owners. Specifically for foreign family office and investment funds contemplating the Australian market, now may be a good time to commence the planning and due diligence phase and engage with property specialists. #Outsourcingaccounting #Businessinaustralia #Findex #Crowe https://lnkd.in/gWyXcpEz

#HotelSector | Driven by an all-time high completion and a surge in visitor arrivals, the Philippine hospitality sector is on a bullish trajectory. In 2024, Colliers projects the Bay Area and Quezon City to cover the delivery of nearly 80% of new keys. As the country launches airport modernization projects and extensive infrastructure developments, the local hotel market is primed for foreign brands to expand their presence. The Philippine government has also set a lofty goal of attracting 12 million international tourists in 2028. While hotels in Metro Manila see an exponential rise in demand for Meetings, Incentives, Conferences, and Exhibitions (MICE) facilities, Colliers recommends that hotel operators capture demand from the staycation market and long-staying business and leisure (bleisure) travelers. The continued expansion of outsourcing firms; sustained influx of foreign retailers; and entry of more foreign firms including those into semiconductor, electric vehicle, and renewable energy sub-segments should help stoke the demand for business hotels. Our H1 2024 Philippine Property Market Report on the Hotel sector is available for download on our website. Click here: bit.ly/Q22024_Hotel. Joey Roi Bondoc Alfonso Martin Aguila Brent Respicio #ColliersPH #BeExperts #AcceleratingSuccess #Research #MarketResearch #RealEstate #Hotels #PhilippineHospitality #PhilippineTourism #Staycation #MICE

🏨 Dear Network, as we are approaching the end of Q1, let's reflect on our CEE Hospitality Market Beat 2023 Report, which brought some interesting data worth noting! ✔️ The Polish hotel investment landscape is making a remarkable comeback, showcasing resilience and stability in the face of global challenges. Despite the aftermath of COVID-19, energy crises, and geopolitical tensions, the transaction volume has soared by an impressive 82% compared to 2022. This resurgence is drawing back international investors’ interest in the Polish market, with expectations of even higher transaction volumes in 2024. ✔️ Warsaw has emerged as one of the European leaders in the recovery of hotel performance, with a 26% increase in Revenue Per Available Room (RevPAR) in EUR, surpassing its 2019 figures. This places Warsaw in the top 10 European markets for RevPAR growth in 2023 and at the forefront of the CEE-6 capital cities. ✔️ Underpinning this growth is a significant rise in domestic demand coupled with a rebound in international tourism, further boosted by increased flight passenger numbers. 🔗 Discover more and download the full Cushman & Wakefield report at https://lnkd.in/dAv_FkRU #hospitality #Poland #Warsaw #MarketBeat #Tourism #Cushwake #OneCushwake #CEEHospitalityMarketBeat

The link between tourism and retail has never been clearer than in Q3, but there’s more to Japan’s boom and Hong Kong’s woes than visitor numbers. Read more in Savills Prospects. http://sav.li/d3y #retailmarkets #industrialrealestate #commercialrealestate #SavillsProspects

Interesting read

The link between tourism and retail has never been clearer than in Q3, but there’s more to Japan’s boom and Hong Kong’s woes than visitor numbers. Read more in Savills Prospects. http://sav.li/d3y #retailmarkets #industrialrealestate #commercialrealestate #SavillsProspects

The link between tourism and retail has never been clearer than in Q3, but there’s more to Japan’s boom and Hong Kong’s woes than visitor numbers. Read more in Savills Prospects. http://sav.li/d3y #retailmarkets #industrialrealestate #commercialrealestate #SavillsProspects

The link between tourism and retail has never been clearer than in Q3, but there’s more to Japan’s boom and Hong Kong’s woes than visitor numbers. Read more in Savills Prospects. http://sav.li/d3y #retailmarkets #industrialrealestate #commercialrealestate #SavillsProspects

Despite Hong Kong’s tourism sector showing signs of revival after the borders reopened, tourist spending and the number of international visitors rebounded slower than expected. Investment activity in the local #hotel sector was subdued amid the high interest rate environment and prevailing global economic uncertainty. Against this backdrop, which segment in the hotel sector outperformed the overall market? What will be the key theme for hotel investments? We are pleased to present our key observations and insights. Download our Hong Kong Hotel Report now: https://lnkd.in/gr5qHgvn Martin Wong Lucia Leung Antonio Wu (MRICS) Willis Mak Cyrus Fong Jennifer Ip   #capitalmarkets #realestate #property #YourPartnersinProperty

ECONOMIC GROWTH FOR YOUR HIGH-QUALITY TOURISM-RELATED BUSINESS IN SUMMER 2024 - DESPITE CHALLENGES HERE IS HOW: As the  Summer of 2024 is starting, European businesses in high-quality tourism face unique challenges: - Decreasing spending from once-reliable high-end clientele - Rising operational costs impacting profitability - Intense local and international competition To thrive in this evolving landscape, it’s crucial to pivot your strategy toward attracting the right clientele who can sustain growth. Specifically, targeting Chinese visitors coming to Europe presents a great opportunity to unlock this new thriving market to set your business up for new growth in 2024 and beyond! HERE IS YOUR OPPORTUNITY: Don't miss out on our FREE 30-minute online Clarification Call tailored for owners and managers of boutique hotels, luxury retail, and other high-quality tourism enterprises. Join me to gain: ✨ Insights into effective marketing strategies for attracting Chinese tourists ✨ Assessment of your business’s current appeal to this valuable market segment ✨ Strategies to overcome barriers hindering your success Prepare your business for a successful Summer 2024 and beyond. Secure your spot now by applying for your free call! Link in the comments #Crackthechinacode #Luxuryhospitality #Luxuryretail #Luxurytourism #Boutiquehotel