The Market Snapshot: Asia Pacific 2021 highlights an overview of transaction activity in the region and presents 26 cities’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
The COVID-19 pandemic has accelerated the technology and virtual reality scene in every industry, including travel and tourism. With border restrictions in place, many are not able to travel. Hence, tour companies have introduced online travel experiences to showcase a destination, culture, event, various classes and many more. Is virtual travel the new way to travel? Will virtual travel replace the need for physical travel altogether?
Countries across the globe are now planning to reopen inbound tourism. This article highlights some of the measures that governments are taking to attract foreign tourists to their respective countries.
COVID-19 is an inflection point for medical tourism in India. Initiatives taken by the government in the last one year, coupled with the country's reputation of being one of the most affordable medical tourism destinations globally, will go a long way in making India a global medical tourism hub going forward.
Domestic leisure tourism in India is finally receiving the pedestal it always deserved, with hotel companies renewing their focus on increasing footprint at leisure destinations in the country in the post-COVID era. However, there is significant untapped potential in this segment as India has several fledgling tourist places where travelers still struggle to find good quality branded accommodation.
As the Indian hospitality sector embarks on the path to recovery, hoteliers need to test waters in the branded residences segment, which is still a niche concept in India.
Over the past few decades, environmental and social factors, such as modernized living, have been driving the growth of wellness. While hotels are finding different ways to engage in this trend by incorporating wellness-related elements into the guest’s journey, destination spas are taking wellness to the next level with their unique offerings. This article takes a deep dive into wellness-hospitality development and discusses its distinguishing characteristics and key success factors.
Luang Prabang is located in north central Laos on a peninsula bounded by the Mekong River to the north and the Khan River to the east. Listed as a UNESCO World Heritage Site. Since 1995, Luang Prabang attracts tourists from international and regional markets through a combination of preserved cultural experiences and natural beauty within the province. The following article gives a brief overview of Luang Prabang, its tourism industry and recent dynamics of the local lodging market.
Drive-In Destinations refer to notable destinations located within a reasonable driving distance between two to six hours from Bangkok. This survey includes hotels from Chon Buri, Rayong, Prachuap Khiri Khan, Nakhon Ratchasima, Kanchanaburi, and Trat. The survey discusses COVID-19 pandemic and its unprecedented impact on the Drive-In Hotel Markets. On a property level, the survey focuses on hoteliers’ point of view on reopening strategies, domestic demand profile, and market outlook.
The global Travel & Tourism sector is gradually coming back to life as several countries across the globe ease their lock down and travel restrictions. Governments across the globe are taking steps to revive the sector, some of which have been highlighted in this article.