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Hospitality Insights | Q1 2023

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The outlook for hotels in 2023, key trends to watch in the hospitality sector and more - in your quarterly digest of hospitality insights and recommendations brought to you by our Hotels & Leisure experts.


Travel industry, led by leisure travel, is experiencing a sharp rebound throughout the world for both international and domestic travels.  Hoteliers have a lot to enjoy as the recovery takes hold in 2023.

In Colliers Hospitality Insights | Q1 2023, our Hotel Experts share their insights on:
  • To what extent travel industry will recover in China and Hong Kong after re-opening
  • Asian casino market outlook considering markets re-open, development in emerging and mature markets and macro economic growth in the region
  • Hotel investment market expectations and top picks in Asia, in the light of global and regional economic factors

Download the latest Hospitality Insights below, and contact our experts in hospitality sector for trends, opportunities, in-depth discussions and recommendations in Asia Pacific. Contact our expert Govinda Singh and Zoe Zhou.

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Hospitality Insights | Q1 2023

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Related Experts
Singapore

Govinda Singh

Executive Director | Asia

Hotels & Leisure

Singapore

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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Singapore

Zoe Zhou

Director

Hotels & Leisure

Singapore

Zoe is a hospitality and real estate professional with more than a decade's experience in hotel acquisition and divestment, portfolio asset management, strategic planning and investment analysis for mixed-use development and integrated resort, operator search and branding creation advisory across Asia Pacific.

Having worked with hotel owners and developers, international consultancy and brokerage firms, and hotel management operators, Zoe brings her diverse experience and track records to Colliers as a Director of Hotels and Leisure focusing on growing hotels & leisure transaction advisory and consultancy services for developers, investors, family office, HNWIs and operators' market expansion.

Prior to Colliers, Zoe was with a real estate developer to establish its hospitality platform including asset management for their existing portfolio of hospitality assets in key gateway cities in Australia, sourcing and evaluating of potential hotel and serviced apartment investment deals, and relationship development with industry partners.

Zoe has spent over six years with Savills Hotels Asia Pacific team to establish its consultancy, asset management and transaction presence for Southeast Asia and China markets. Zoe has also spent 3 years with CBRE Hotels in Beijing and Singapore.

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