market snapshot
Market Snapshot by Knowland Delivers Key Market Insights in a Fast, Easy-to-Consume, and Share View
Knowland | November 16, 2022
Platform feature adds self-service market trends to better guide group sales strategies and grow market share ARLINGTON, Va. — Nov. 16, 2022 — Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, today introduced Market Snapshot. This new feature delivers data insights sales leaders can use to understand their markets better, define sales strategies, and grow group business share. In an ever-changing competitive landscape, hospitality professionals need to understand how market trends change and define those impacting their business. Property leaders and sales managers o...
Market Snapshot: Asia Pacific 2022
Hok Yean CHEE | August 15, 2022
By Hok Yean CHEE In 2021, transaction activity in the Asia Pacific recorded a strong recovery, achieving a transaction volume of approximately USD13 billion worth of hospitality assets, indicating a 47.7% growth year-on-year. Similarly, from 3Q 2021 to 2Q 2022, transaction activity in the Asia Pacific has continued to escalate by 16.8% compared to 3Q 2020 to 2Q 2021. Specifically, growing interest in hospitality assets continues to be observed in markets such as Hong Kong SAR, China, Japan, Indonesia, Thailand, Singapore, and certain markets in the South-East Asia regions. Australia, New Zealand, and South-East Asia saw an upswing mainl...
Market Snapshot: Asia Pacific 2019
Hok Yean CHEE | November 11, 2019
By Hok Yean CHEE Transactions in Asia Pacific In 2018, transaction activity in Asia Pacific continued its strong momentum from 2017 and achieved transaction volume of approximately USD12.8 billion worth of hospitality assets, indicating a 26.6% increase year-on-year. From 4Q2018 to 3Q2019, transaction activity in Asia Pacific has slowed down. Despite the reduced transaction activity, growing interest in hospitality assets continue to be observed in regions such as Australia & New Zealand, India & Sri Lanka and specific markets in the North Asia and South-East Asia regions. For some markets, the slowdown can be attributed to vario...
Market Snapshot: Asia Pacific 2018
Jeremy Teo | November 8, 2018
By Jeremy Teo , Ho Mei Leng , Hok Yean CHEE Transactions in Asia Pacific Transaction activity has been observed to be on a downward trend from 2013 until 2017, owing to the transactions of Dalian Wanda China portfolio to R&F Properties. Since then, the frequency of transactions have been high, with 228 recorded transactions from 4Q2017 to 3Q2018, slightly lower than the 251 recorded the previous four quarters. Geographically, the pick up in transaction activity can be attributed to the North Asia and South-East Asia markets, while Australia markets witnessed a slowdown. Reasons for the increase in transaction activity could plau...
HVS Market: Snapshot Seychelles Hundred Islands of Paradise
Larissa Lam | February 28, 2018
By Larissa Lam and Daniel J Voellm Seychelles Tourism Records Stable Growth Seychelles continues to prove its popularity in the European market as a hideaway holiday destination while gaining reputation in the Middle Eastern and Asian markets. Republic of Seychelles is an archipelago of 116 islands located in the Western Indian Ocean east of East Africa. Across all 116 islands, Seychelles has a total land area of 455 square kilometers. The country consists of two distinct island groups: the Mahé group, in the north, and a chain of low-lying coral islands stretching away to the south. All of the country's principal islands belong ...