Indonesia’s hospitality industry set for expansion as tourism rebounds
With a surge in foreign tourists and increased MICE activities, Indonesia’s hospitality sector is gearing up for a prosperous year
With a surge in foreign tourists and increased MICE activities, Indonesia’s hospitality sector is gearing up for a prosperous year
The country is driving economic recovery and enhancing competitiveness by strengthening hotel infrastructure and standards to foster sustainable growth and global appeal
Phuket, Samui, and the Eastern Seaboard among the resort destinations included in the country’s longest-running real estate awards programme
Post-pandemic lifting of travel bans can lead to the growth of more than one industry
More than 70 percent of travellers plan to stay at a sustainable hotel at least once in the next year
Developers in Phuket and other resort destinations will be recognised as tourist markets revive demand
This is a huge improvement from the revised -3.9 percent reported for Q1 2021 and 7.8 percent growth in Q4 2021
The budget also referred to AUD1.6 billion in tax relief to help digitise businesses and upskill their employees
The hospitality industry suffered greatly when the country closed its borders in 2020
Growing confidence shared amongst local developers, analysts, and economists
Director and Principal Architect Nandike Samaranayake is honouring the remarkable architectural legacy of Geoffrey Bawa through his work
Local tourism body expects to see one million tourists visiting the country this year
A stronger office market, alternative sectors, and demand for modern logistics facilities will drive investment
Buoyant hotel investment activity is driven by investment-grade assets and strong demand from investors
Travel boom and high spending tendencies are positive signs for hospitality players
The tourism and hospitality sectors are ensured with health and hygiene certification
Hotels and resorts offer big discounts to restart the nation’s tourism industry
Japan and Australia are to remain the spotlights in the hotel investment scene
Other design trends cover all areas from advanced technology to constructing a fantasy world
The four-star development will provide job opportunities for residents amongst other things
The hotel industry is stuck in a rut, especially considering Taipei’s dependence on international visitors
Players are urged to prioritise worker vaccination, as well as apply training and booking flexibility
Instructions for operations have been implemented to ensure visitor safety in all aspects
From Singapore’s exceptional mixed-use to Indonesia’s stunning resort, it’s no surprise why Asian real estate is among the world’s top investment destinations