Asia Pacific Hotel Market: Nothing Short of a Makeover
A massive influx of hotel supply and rapid changes in consumer behavior are dramatically transforming the hotel landscape in Asia Pacific (APAC). According to a forthcoming PhoCusWright Global and Asia Pacific Edition report, PhoCusWright's Asia Pacific Online Travel Overview Fifth Edition: Hotels, the region's maturing hotel market is growing rapidly and online bookings are soaring despite mounting concerns over an economic slowdown in key Asian markets such as China and India. The report is expected to publish August 14, 2012.
APAC's Long Tail of independent hotels is getting shorter as a robust pipeline among global, regional and local chains greatly expands branded and upscale hotel options in the region. Distribution dynamics are also shifting amid improving technology and infrastructure, as consumers embrace new ways to find and book hotels. PhoCusWright projects continued growth for the overall APAC hotel market and strong double-digit gains for the region's online...
Date: August 9th, 2012 @ 03:00
Categories: Independent Travel, Travel Industry News
This post was originally posted by PhoCusWright Connect @ PhoCusWright's FYI.
> Read the original post here
> Read the original post here



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