Hotel valuations, Australia and Maldives hotel markets, updates on the cruise industry - your latest quarterly digest of key trends in the hospitality sector.
The global economic outlook is expected to remain subdued in the near term given the ongoing uncertainty and risks of new waves of COVID-19.
However, the announcement of a vaccine that is expected to become widely available by the end of Q1 2021, combined with Track & Trace, could allow for some optimism and the return to at least a 70% travel economy starting mid-2021.
We remain confident that the hospitality industry will rebound sharply when international travel (without quarantine) returns, given the industry’s legacy of resilience and agility.
In Colliers Hotel Insights | Q4 2020, we look at:
- Hotel valuations in the current market
- Hotel market in Australia
- Hotel market in Maldives
- Update on the cruise industry
Download the report below. For further market insights and in-depth discussions on key trends and opportunities across the Asia Pacific hospitality sector, please contact Govinda Singh and Christopher Milou.