Hot topics from CBRE MarketView 2020, Regional tourism and hospitality industries suffer worst year on record. Asia Pacific recorded the largest decline in international tourist arrivals of any region in 2020. The number of visitors fell 84% y-o-y, largely due to travel restrictions enforced...
Asia Pacific hotel occupancy bounces back to 51 per cent - CBRE report
New data from CBRE has shown Asia Pacific hotel occupancy rose in October, underpinned by the return of domestic travel across some of the sub-markets.
COVID-19 Implications for Flexible Space: What’s Next? – CBRE Report
Lockdowns, social distancing requirements and a new culture of working from home has impacted the aggressive growth previously seen by these operators.