Hospitality

International Serviced Apartment Brands Target Phuket

One of Asia’s fastest growing hospitality segments is the serviced apartment sector, and the brands are targeting the regions leisure markets. Making news is Oakwood which is coming to Phuket after inking a deal with Thai development group Boutique Corporation. (adsbygoogle = window.adsbygoogle || ).push({}); The 198-key Oakwood Hotel Journeyhub Phuket is located in Patong and is...

Hospitality industry expected to be strong in 2019 for hotel investment

THE Asia-Pacific is the only region that can expect growth in hotel transaction volumes this year, according to the latest JLL Hotel Investment Outlook. The global real-estate consultant anticipates Asia-Pacific’s total hotel transaction volume to hit US$9.5 billion (Bt297 billion) this year, marking a 15-per-cent increase from last year. In 2018, transaction activity was fuelled by single-asset...

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