According to CBRE, Asian investment in European hotels will reach US$22.7 billion in 2015, fueled by the liberalization of domestic controls governing outbound investment.
A recovery that began to emerge late in the third quarter of 2014 couldn't help Thailand's hotel industry overcome a dismal first half of the year as the industry reported an occupancy decline of 11.3 percent.
According to STR Global, hotels in the Asia Pacific region experienced mostly positive results during August 2014 when reported in U.S. dollars.
According to STR Global, hotels in the Asia Pacific region experienced mostly positive results during July when reported in U.S. dollars.
According to the June 2014 STR Global Construction Pipeline Report, the Asia Pacific region reported 2,313 hotels under contract comprising 519,718 rooms.
According to STR Global's preliminary June 2014 hotel data for Singapore, there was negative performance in the three key market performance measurements.
According to STR Global, hotels in the Asia Pacific region experienced positive results during May 2014.
GIC, a Singapore-based sovereign wealth fund, is now planning to sell the Great White Course, one of five championship golf courses in Doral, located adjacent to the Trump National Doral Resort and Spa in Miami.
Mother's Day getaways used to be just a short drive down the road, to a favorite local restaurant.
Hotel investment volumes in Asia totaled $7.5 billion at the end of 2013, increasing a staggering 218 percent from the previous year.