Taiwan Market Outlook Hotel Market Poised for Growth
Signs of rejuvenation have sparkled in Taiwan's hotel market with the emergence of new hotels like the W Taipei and Le Meridien. With a relatively low incoming supply of upscale hotels and high occupancy rates in both Taichung and Kaohsiung's markets, this gives a positive signal for upscale hotel developers to develop in anticipation for the increase in tourism demands in Taiwan. Limited high-end hotel supply in Taiwan coupled with a positive tourist arrivals outlook provide opportunities for Taiwan's hotel market to bloom.
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