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Slow, But Steady Growth in Traditional Hotel Sector

In Hong Kong, the recent landscape of hospitality investment has pivoted toward conversion projects, with a strong emphasis on co-living spaces and student accommodations, driven by their high yield potential and rising demand in urban centres. However, this focus has somewhat eclipsed the steady, albeit slower, growth within the traditional hotel sector. While co-living and student housing offer innovative opportunities, the hotel industry remains a cornerstone of hospitality, demonstrating resilience and consistent recovery after the pandemic.

Harry Ha
By Harry Ha, Senior Manager, Valuation & Advisory Services, Hong Kong, CBRE Hotels
Hong Kong (SAR)
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Press Release

Melbourne a ‘Sporting Chance’ of Delivering Accor’s Best Annual Performance since 2019

Melbourne’s reputation as the sporting capital of Australia is set to drive the strongest annual performance for Accor since 2019. Accor is Australia’s largest hotel operator, with 51 hotels in Greater Melbourne and 13 hotels across regional Victoria. The city began 2025 by hosting the most successful Australian Open on record (1.2 million fans through the gates) and a record-breaking Formula 1 Rolex Australian Grand Prix (465,498 attendees across four days).

Accor
Melbourne, Australia
Supplier News

Hotelogix Surpasses 10k Active Users, Transforming the Philippines Hotel Industry

Hotelogix, a globally leading cloud-based hospitality technology provider, has announced that it has surpassed 10,000 active users in the Philippines. Hotelogix has achieved this milestone via its deep engagement with local hotels who wanted modern solutions to streamline and centralize operations, drive expansion, and boost revenue and guest experiences.

Hotelogix
Indirangar, Bangalore, Philippines
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Hospitality Net
Press Release

HVS ANAROCK: India Hospitality Industry Overview 2024

The year 2024 unfolded as a powerful reminder of the world’s dynamic nature, a blend of geopolitical shifts, climate extremes, and economic recalibrations. Pivotal elections in India, France, the UK, and the US reshaped political narratives. At the same time, global conflicts, from the war in Ukraine to unrest in the Middle East, continued to impact economies and traveler sentiment. Yet, moments of celebration stood tall: the Paris Olympics united nations, the ICC Men’s T20 World Cup thrilled cricket fans, and global pop culture events like Taylor Swift’s Eras Tour captivated millions.

Dipti MohanMandeep LambaDhwani Gupta
By Dipti Mohan, Mandeep Lamba, and Dhwani Gupta
India
Press Release

PolyU Unveils Large Language Model-based Tourist Satisfaction Index, Providing Comprehensive Analysis to Enhance Hong Kong Tourism Service Quality

As tourism, one of the major pillars of the Hong Kong economy, gradually recovers from the pandemic, the government has planned a series of measures to promote the all-round development of the tourism industry. The Research Centre for Digital Transformation of Tourism (RCdTT) of The Hong Kong Polytechnic University (PolyU) School of Hotel and Tourism Management (SHTM) has developed an innovative, Large Language Model-based assessment framework – the Hong Kong Tourist Satisfaction Index (HKTSI) – to evaluate the satisfaction level of inbound tourists to Hong Kong from 2012 to 2024 across different tourism-related sectors, temporal scales and regions. Findings reveal that, while performance variations across different regions were clearly indicated, the TSI rebounded and reached its highest-ever recorded score after the temporary decline during the pandemic.

Hong Kong PolyU
Hong Kong (SAR)