Asia’s Hotel Boom

May 15, 2012 in Daily Bulletin

Nick Easen reported on the growing Asian hotel boom. Highlights included:

  • The 50 hotels that the brand owner of Westin and Sheraton will open in Asia this year represents 60% of the business’s development in 2012.
  • By the end of 2013 one Chinese island will have more hotels than the Hawaiian islands.
  • China’s hotel market is predicted to be double that of the United States by 2039.
  • Marriott is planning to go from 11 hotels in India to 100 in just five years.
  • The hotel chains are hoping to create brand loyalty in the next generation of international travels.
  • However one of the challenges is finding experienced employees – most are young and new and are working in the hotel industry for the first time.

To read more about what the United Nations World Travel Organisation has to say, what will happen in 2025, the role that Baku, Colombo, and Dhaka have to play, and how domestic brands in these countries are stepping up their game, click here.

Source: BBC News