South East Asia Market Highlights

The room supply in Asia Pacific region will totally increase about 410,040 rooms over the next 3-5 years, and South East Asia account for 18% (consists of Thailand 4%; Indonesia 5%; Vietnam 3%; Philippines 2%; Malaysia 4%). With the strong recovering and growth in Travel and Tourism; also driven by MICE and business events, some ASEAN countries show rapid expansion in Hospitality, such as Thailand, Indonesia, Vietnam and Malaysia. South East Asia's hotel inventory is expected to increase by more than 73,000 rooms in the next three years, mainly in these 5 countries. Driven by the economic recovering, compared with increasing number of foreign tourist arrivals and business events, shortage of stars hotel has been the key issues facing the ASEAN countries. Meanwhile, international investors and developers eye on the tremendous opportunity of hotel investment in South East Asia, also big hotel chains speed up the development in SEA courtiers. Followed by China and India, South East Asia has been the 3rd largest and most profitable destination in Pan Asia for global hospitality industry players now!

This event is organized by SMI Group

For more information please contact Manmohan Kalsy
+86 21 6107 4274

Visit website