Asia Hotel Market 2023: Revival and Expansion

Asia Hotel Market 2023: Revival and Expansion

Blogs, The Market

Asia hotel market is witnessing a robust revival, with expectations to return to pre-pandemic levels in 2024. Based on “Asia Hotel Brand Blueprint 2023” released by Outbox and Vero, CBRE exposes positive trends in tourism arrivals and hotel performance, driven by domestic travel demand. 1/ Travel Resurgence Factors Asia leads in travel resurgence, propelled by…

ASIA HOTEL BRAND BLUEPRINT 2023: A Vision for Asia’s Hospitality

Asia Hotel Brand Blueprint 2023: A Vision for Asia’s Hospitality

Press Release

Introduction Large hotel groups and boutique brands are in a race to establish their presence in the ever-growing and competitive consumer market in Asia. To distinguish themselves, hotel brands must skillfully address emerging travel trends, meeting the increasing demand for self-planned trips, community involvement, and participation in sustainability efforts. Following a period of recovery from…