Asia
AsiaRooms.com bows out of the online travel market
SUCCUMBING to the competitive market of online hotel bookings, Singapore-based AsiaRooms.com has folded after seven years of losses, said a local report. According to Singapore daily Today, AsiaRooms.com’s staff were notified […]
Report on behaviour and attitudes of Chinese millennial travellers
The average trip spend for Chinese millennial travellers internationally was EUR 1,200, with 14% reportedly spending more than EUR 3,000. Compared to other millennial travellers, Chinese millennials are particularly likely […]
Business travel rates to hold firm for 2015
HOTEL and airfare rates will remain relatively flat in 2015 as cooler economic growth in Asia-Pacific (APAC) and forces of supply and demand exert pressure on a region that has […]
Why revenue management talent is Asia Pacific’s big issue
With new hotels going up across APAC, the dearth of revenue management professionals is a concern. Pamela Whitby reports It is impossible to talk about growth in online travel, especially […]
Gaming, economy spark Philippines hotel boom
The Asian country is set for a 28% increase in hotel rooms, due to a growing economy, new gaming and entertainment projects and interest among global hotel companies. The Philippines […]
Hong Kong hotels hold steady performance
A major pillar of Hong Kong’s economy, the tourism industry contributed to 4.9% of Hong Kong’s gross domestic product and employed approximately 270,000 people in 2013. That represents 7.2% of […]
APAC rising: why the balance of power in online travel is shifting east
Stunning landscapes and cultural spectacles coupled with rising incomes and a growing propensity to travel has seen Asia-Pacific fire the imagination of the online travel industry. Today APAC represents 25% […]
Asia Pacific Quarterly Market Update: Volume 4
Horwath HTL have teamed up with STR Global to produce quarterly market updates on the Asia Pacific Hotel Market; Each report includes overviews and breakdown of the Asia Pacific markets […]
