Colliers Hotels Insight | Q3 2019

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A quarterly digest of key trends in the hospitality sector

It is evident that the recent escalation in the trade dispute and political impasse between the USA and China continues to weigh on business and consumer confidence, thereby tempering demand growth. This, combined with movements in forex, the fall in the number of Chinese visitors to Thailand, slightly mitigated by Indian visitors, together with new supply in some destinations have all significantly impacted performance. However, we note that intra-Asia and growing domestic travel in the larger destinations across Asia, is likely to continue to underpin demand in the region. As such, we would expect performance to remain largely muted in the coming months. On that note, good reading!

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Colliers Hotels Insight | Q3 2019

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