LONDON – STR‘s December 2016 Pipeline Reportshows 592,139 rooms in 2,646 projects Under Contract in the Asia Pacific region. The total represents a 2.4% increase in rooms Under Contract compared with December 2015.
Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.
The region reported 266,032 rooms in 1,148 projects In Construction for the month. Based on number of rooms, that is a 4.2% increase in year-over-year comparisons.
Among Chain Scale […]Read more
BALI, Indonesia – Inspired by the traditional five elements of Balinese design, Movenpick Resort & Spa Jimbaran Bali has officially opened as the brand’s respected upscale hospitality offering arrives on the Island of the Gods.
The resort features 297 comfortably appointed and tastefully furnished rooms and suites, each featuring private balconies, complimentary WiFi and a subtle Balinese sense of art, colour and style courtesy of the fabrics and materials utilised in the design.
The newly built hotel is a short 3-minute stroll to Jimbaran […]Read more
The year 2016 was a dynamic and volatile one for the hospitality industry. Taking into account several high profile M&As that took place, HRS Hotel Price Radar: 2016 Year in Reviewhas revealed key takeaways, including significant changes in ADR for hotels in several major APAC cities.
Tokyo still tops the region’s hotel room rates with an ADR of 191€ in 2016, an increase of 11.7% from 2015. The rise in room rate is expected to continue until the Tokyo 2020 Olympics. Sydney […]Read more
(CNN)–It already has some of the best destinations on the planet and in 2017 Asia will be able to claim even more of the best hotels as prestigious new venues open up.
While historic hotels continue to be a thing, new trends are also an influence, says Sii Eawsakul, founder of LuxuryHunt.com and one of Asia’s leading women of online travel.
“The region’s heritage properties — Raffles Singapore, Mandarin Oriental Bangkok, and the Eastern & Oriental hotels of Asia — hark […]
Meliá Hotels International, Spain’s leading hotel group, today announced the signing of Meliá Bangkok, marking the group’s first property in Bangkok and second overall in the country. Meliá Bangkok forms part of Meliá’s strategic focus on international growth – one that has made Meliá the first Spanish hotel group to open hotels in markets, such as China, the U.S. and the U.A.E.
The new agreement with Asset World (TCCAW), a member of TCC Group, one of the largest business conglomerates in Thailand, […]Read more
While many Indonesians are paranoid about foreign workers coming to Indonesia and stealing work, President Joko Widodo has said he wants to put foreign workers in charge of some of the country’s state-owned businesses.
Speaking at the State Palace yesterday, Jokowi said that the leaders of state-owned enterprises (SOEs) should have a strong drive and promote healthy competition so that SOEs can continue to advance and develop to their fullest.
“I even want there to be three or four bule professionals leading […]Read more