News roundup: APAC’s property investment increases 13 percent in Q1 2024, and other stories
APAC property investment spikes, Australia’s hotel sector recovers, Cebu is top office space choice
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Hotel investments in the Asia Pacific region, to reach more than USD10.7 billion this year
Hotel transactions reached USD8.4 billion in the first three quarters of the year, up 16 percent YoY
Thai hotel occupancy rates increase in Q3; tourism remains key contributor to GDP growth
Hotels in Thailand are gaining traction due to a rebound in global travel demand
The slow and steady recovery of the Asia Pacific region’s hotel sector
Pent-up demand and increased operator confidence are key drivers of the increase in hotel room rates
Malaysia’s hotel sector ready to welcome tourists again; revives tourism campaign
The hospitality industry suffered greatly when the country closed its borders in 2020
The Asia Pacific hotel sector gains USD8.5 billion in investments in 2021
The hotel market is also going to face significant change as more APAC regions are reopening their borders this year
