CBRE have released their latest Asia Pacific Viewpoint- ‘Hotel Megatrends: The Impact of Chinese Outbound Tourists and Shared Accommodation on the Regional Hospitality Industry.’
The report considers the growth in the Asia Pacific hotel sector, which has been supported by a growing middle class and rising household incomes, which are enabling more people to take holidays overseas. At the same time, the growth of shared accommodation and its capacity to offer consumers lower prices is prompting traditional hotel operators to rethink their operating models.
This ViewPoint by CBRE Research Asia Pacific analyses these two megatrends currently reshaping the regional hospitality industry and provides recommendations for hotel operators on how best to respond.
For the full report, click here