daniel voellm
The HVS Quarterly Macau Update
Christy Tung | April 30, 2018
By Christy Tung and Daniel J. Voellm With the introduction of various family-oriented resorts in the Cotai Strip, more diversified tourist base is embracing Macau as a destination, as compared to the casino crowd in the downtown area of old. The wide range of activities offered in these resorts, from gaming to non-gaming, have led tourists to visit Macau. The newly-opened resorts induced demand, notably tourists from mainland China, South Korea, and Japan, which greatly improved hotel performance in both occupancy and average rate (ADR). Macau Visitor Arrivals The results of diversifying Macau tourism from solely a gaming hub to a famil...
The HVS Quarterly Taiwan Update
Christy Tung | April 19, 2018
By Christy Tung and Daniel J Voellm The positive impact from Taiwan's tourism source market diversification supported its increase in visitor arrivals, which witnessed a 10.1% YoY rise to 3.1 million in 2017 quarter four. To compensate for the loss of mainland Chinese tour groups, Taiwan strategically improved its relationships with other Asian countries, particularly in Southeast Asian countries. Notably, South Korea passed the 1 million visitor arrivals mark in the fourth quarter. Amid the shift of source markets, hotel players in Taiwan experienced the rebalancing towards more value-based demand. Overall Visitor Arrivals From the tim...
Brexit and Travel: The Risks of a Tourism Downturn in Asia
Larissa Lam | August 16, 2016
By Larissa Lam and Daniel J Voellm How will Brexit affect UK Tourism? For several years, the term Brexit has become a household name in not only countries in Europe but also countries around the world, being the withdrawal of the United Kingdom from the European Union. In 2012, UK Prime Minister David Cameron rejected calls for a referendum on membership in the European Union. However, he did not rule out a referendum happening in the near future. Fast forward to 24 June 2016, the people in the UK gathered and voted after a heavily publicised and contested pre-referendum period by both the 'Leave' and 'Stay' camps. In the end, 48.1% of ...
Container Hotel and Prefab Bungalow: Modular Building Construction in China
Wayne Wei | July 15, 2016
By Wayne Wei and Daniel J Voellm With a fast changing economic environment and society coming to terms with the 'new normal' in China, hotel developers are seeking for more carefully planned and executed projects, based on a sound economic footing to ensure sustainable operations. Under such circumstances the modular building system might become one possible remedy to bring momentum to hotel development in China, particularly in remote areas. This publication provides a brief introduction of China's modular building construction for the hotel industry. Why modular building? Modular building is a process in which a building is construc...
