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FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
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HotelStaff WriterTue 23 May 17

JLL Unveils Key Destinations Across Asia Pacific

Screen-Shot-2017-05-24-at-3

Hong Kong leads all of Asia Pacific in international visitor arrivals, according to new research from JLL.

International visitor arrivals at upscale hotels in Hong Kong reached 56.7 million people in 2016, with 1022 rooms complete in 2017 and occupancy sitting at 83.7 per cent, according to JLL's Hotel Destinations Asia Pacific research, released this month.

Notable new hotel deals include Newton Place Hotel Kwun Tong, Rosedale Causeway Bay, and J Plus Hong Kong, while notable hotels include Silka Tsuen Wan with 409 rooms, and Attitude on Granville with 81 rooms.

Following Hong Kong was Macau with 31 million international visitor arrivals (marketwide) with 3101 new rooms in 2017 and an occupancy rate of 85.2 per cent in the year to date.

Third was Kuala Lumpur with 26.8 million international visitor arrivals (luxury and upscale hotels) with total number of new rooms reaching 2548 and 68.7 per cent occupancy.

Sydney led Australian international visitor numbers with 2.4 million in 2016, and 338 new rooms expected for 2017 at almost full occupancy - 91.1 per cent.

In 2016, 37.3 million visitor nights were spent in Sydney City representing 6.3 per cent of all visitor nights spent in Australia. Sydney has benefited from a combination of a strong corporate and leisure market, sporting events, and demand outstripping supply growth in terms of rooms built, resulting in robust performance.

In 2016 Melbourne notched 1.7 million visitor arrivals, with 36 million visitor nights spend in Melbourne City representing 6.1 per cent of visitor nights in Australia. Mainland China is Melbourne's largest source market contributing 31.9 per cent of all international visitor arrivals in 2016.

Brisbane reached 935,000 international visitor arrivals, with a total of 23.1 million visitor nights spent in the River City, where domestic visitor nights increased by 5.3 per cent year on year, but international visitor nights decreased (moderately) by 1.6 per cent.

HotelAustraliaInternationalSector
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Article originally posted at: https://theurbandeveloper.com/articles/jll-unveils-key-destinations-across-asia-pacific