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Colliers Hotel Insights | Q4 2020

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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.


Colliers Hotel Insights | Q4 2020

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Govinda Singh

Executive Director | Asia

Hotels & Leisure


Govinda, a member of RICS and registered valuer, is a chartered certified accountant with a postgraduate diploma in economics and a certificate in business valuations, who began his career at Pricewaterhouse in audit and tax advisory.

Having worked as an Operations Manager for Hilton, he was the Financial Controller at the luxury Lanesborough Hotel, at which time he worked closely with the Rosewood and Starwood hotel groups at both the local and corporate level.

Govinda joined PKF in London in 2005 where he was a Managing Consultant within the Hotels and Leisure Valuation and Consulting  practice. He subsequently joined BDO’s Real Estate Valuation and Consulting  team in 2012, where he was a Director responsible for the EMEA, Caribbean and Asia-Pac regions.

Govinda joined Cushman & Wakefield Singapore in 2015 where he was a Director within the Asia-Pac Valuation and Advisory team.

He is now an Executive Director at Colliers International advising on, and valuing investments involving mixed-use, specialist and alternative asset classes across Asia and further afield.

He is also one of Colliers’ dedicated specialist portfolio advisors and valuers in the region, and globally.

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