Asia Hotel Market 2023: Revival and Expansion

Asia Hotel Market 2023: Revival and Expansion

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

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…

SEA Tourism Performance in Oct 2023

SEA Tourism Performance in October 2023: Cambodia Closely Reaches Its Target with the Highest Recovery Rate

International tourism is steadily gaining momentum, while Southeast Asia (SEA) remains stable n in October 2023, with a minor 1.8% increase in international visitors from 6,193,292 to 6,305,273 (excluding Malaysia). Catch up more details about SEA tourism with the reading below! During the first 9 months of 2023, as per the recent updates from UNWTO,…

SEA tourism performance in SEPT 2023: Vietnam & Indonesia have reached the annual target

Southeast Asia tourism performance experienced a significant decline in September 2023, with an 18% decrease in international tourist arrivals from 7,029,210 to 5,750,050 visitors. Although Thailand still holds the top spot in the list of countries with the highest number of international visitors in the region, it experienced the largest decline in tourist arrivals compared…

SEA tourism performance in August 2023: Vietnam is back in Top 3 Most visited destinations

Southeast Asia tourism performance remained relatively flat in August 2023, with a slight but insignificant decrease in international tourist arrivals from 7,045,482 to 7,029,210 visitors. Thailand remains the most popular tourist destination in the region, while Cambodia has the highest recovery rate. Vietnam has already surpassed its 2023 tourism target as of September, with more…

Registration form for Vietnam Tourism 2023: Lessons Learned From “Target & Recovery”

  Thank you for your interest in register to Vietnam Tourism 2023: Lessons Learned From “Target & Recovery”. The event is coordinated by The Outbox Company and sponsored by the Saigontourist Group. Unfortunately, the registration portal is now closed, as we have reached full capacity! We are grateful for the overwhelming interest and support from…

The behavior of independent tourists in the Q2-2023

In Q2, the majority of Vietnamese tourists continued to choose independent travel, which increased by 4.2% compared to the first quarter. This shows that although the COVID epidemic has long ended, tourists still prefer independent travel. Additionally, the development of information technology and tourism communication platforms also contributes to this trend. This proves the potential…