- Industry News
Asia Pacific Construction Pipeline Are At A Five-quarter Low
Monday 5 January 2009
In the Asia Pacific region, Construction Starts are at a five-quarter low and will continue to trend downward, closely tracking development trends in the US. Because accessing financing is so difficult, many projects already in the Pipeline cannot migrate forward towards Construction, but are stalled in the Scheduled Starts in the Next Twelve Months and Early Planning stages.
Project Cancellations are at an all-time high, reflecting the unavailability of financing and heightening developer concerns about a global slowdown. The fall-off in international travel, guestroom demand and attendant pricing pressures are accelerating and expected to continue to trend downward well into the next year as the full impact of the economic crisis in the region takes hold.
New Project Announcements into the Pipeline have declined sharply since Q4 2007 and will continue at low levels for the foreseeable future. Many developers have withdrawn to the sidelines, as they wait to see how future New Openings will be absorbed, how operating performance will react and when the economy might right itself.
-
Related Document
-
01/05/2009LE's Asia Pacific: Q3 2008 ReportAdobe PDF Document - File Size: 535.42 KB
-
-
Contact Information
Kathleen Hurley
Phone: +1 603-431-8740 ext. 12
Email: khurley@lodgingeconometrics.com
-
Company Details
Lodging Econometrics
www.lodging-econometrics.com
500 Market St., Suite 13
USA - Portsmouth, NH 03801
Phone: (603) 431-8740
Fax: (603) 431-4418
-
Recent Articles
- FeatureAdd to My eConnectSharePrint this page
- Featured HSMAI Publication
-
Travel Internet Marketing White Paper SeriesThe HSMAI Travel Internet Marketing Special Interest Group is pleased to present a ten-part series of white papers, as part of its mission to increase members' awareness and understanding of emerging issues, opportunities and trends; and, TIG Global is proud to sponsor the reports as part of its commitment to helping travel professionals drive revenue and profit online by making smart, strategic marketing decisions.
Read More »
- Featured Industry Publication
-

The Key to Successful Cross-Channel Marketing: The Email Preference Center
View publication »
With the emergence of new technologies that allow people to be connected almost anywhere, and the reduced effectiveness of traditional direct marketing channels, marketers are continually looking for more effective ways to speak to their customers. Increasingly, marketers are employing cross-channel orchestration strategies to reach prospective customers, and have embraced email as the primary communications channel. (PDF Document, 1,519.57 KB)
Best Practices for Maximizing Your Hotel’s Online Revenue & ROI
View publication »
Forrester Research estimates that 32% of hotels‟ revenues come through online bookings. This includes brand.com bookings and those made through third-party websites such as Expedia and Priceline. Forrester Research also estimates that the overall travel industry allocates 29% of its marketing budget to online, including search, display, mobile, social and so on. Travel allocates more of its budget to online media than any other industry. Approximately 62% of a travel company‟s interactive marketing budget is currently allocated to search engine marketing. (PDF Document, 2,086.95 KB)
- UPCOMING EVENTS
-
-
6 - 8 September 2010NBTA Europe conference | INICIO 2010
-
7 - 8 September 201010th Annual European Hotel Finance & Investment Summit
-
7 - 9 September 2010Restaurant & Bar Hong Kong
-
7 September 2010ASIAConnect 2010 | by HSMAI
-
8 -10 September 2010Ecotourism and Sustainable Tourism Conference (ESTC)
-
-
-
7 September 2010ASIAConnect 2010 | by HSMAI
-
8 - 9 September 2010HSMAI's Affordable Meetings® National 2010
-
21 September 2010Best Practices for Maximizing Your Hotel’s Online Revenue and ROI
-
5 October 2010Forecast Performance
-
31 January 2011HSMAI Adrian Awards Gala
-
-
-
28 September 2010Revenue Management Webinar Series - Shift From Analyst to Strategist
-
26 October 2010Revenue Management Webinar Series - Source - Segmentation - Channel
-
30 November 2010Revenue Management Webinar Series - Focus On Profit
-
14 December 2010The Role of OTA In Your Distribution Strategy
-
