Investors look to traditional favourites Hong Kong, Australia and Japan, with uplift in cross-border investment activity
American furniture retailer West Elm has done it, as have luxury brands such as Armani and Bulgari. Now Japanese lifestyle giant Muji, which is known for its minimalist aesthetics, is taking a step into the hospitality business.
The year marked extensive expansion in the region with the opening of more than 40 hotels, including the 100th hotel in China and the 200th hotel in Asia Pacific, plus the introduction of the Curio Collection by Hilton brand in China and Australia.
The Bali Hotel & Hotel Residences Market Update takes a critical look at the trading impact of the event and more importantly takes a pragmatic view of the changing tourism landscape of the Island of the Gods. As China grabs center stage from the legacy Australian core international market, find out whats inside the bounce back and what to expect in 2018.