JLL

The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q3 2024 (July – September 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 10.8%.

JLL vice-president for advisory and asset management Paavan Patel shares his insights and recommendations for the Asian hospitality sector in this exclusive interview.

The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q2 2024 (April-June, 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 4.8%.

IHG Hotels & Resorts is delighted to announce it has extended its partnership with a key Owner group: Cola Holdings – for Holiday Inn London – Kensington High Street.

With the revival of domestic travel, emergence of recovery indicators has come to the rescue of the sector

According to JLL’s Hotel Momentum India (HMI) Q3 2020, India’s hospitality industry has witnessed decline of 52.8% in Revenue Per Available Room (RevPAR) during January to September 2020 over the same period last year due to the impact of Covid-19 pandemic

Katrina Group has announced the launch of the first affordable line of co-living hotels in Singapore. Introduced through its hospitality arm, ST Hospitality Group, the Chinatown co-living hotel will be followed by a rollout in Singapore and the Asia Pacific region. This marks Katrina Group’s first major expansion after the acquisition of Straits Organisation. Alan […]