Global Newsletter: October 20, 2020
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Tuesday, 20th October 2020

First-of-its-kind all-virtual hotel transaction in Asia, QR Code-accessed digital menus the new norm, reimagining Singapore’s mid-market hotels and mixed-use is the most sustainable model.

First-of-its-kind all-virtual hotel transaction in Asia
Tuesday, 20th October 2020

Park Hotel Group has joined hands with Apricot Capital in a joint venture to acquire the newly built hotel in Kyoto, to open in December 2020 in a all-virtual hotel transaction.

Situated in the heart of Japan’s cultural capital, the 114-room property, which will be branded as Park Hotel Kyoto, marks the Group’s first Park Hotel brand and expansion in Japan as its second property after Grand Park Otaru in Hokkaido >>

QR Code-accessed digital menus becoming the norm for room service
20 Oct 2020 : While occupancy rates remain low throughout most of the world, hotels have still had to grapple with the implications of the pandemic on room service. This has been all the more important for those guests quarantining in hotels and relying on room service for up to 14 days >>

Hyatt announces plans for Andaz Lisbon
20 Oct 2020 : New luxury lifestyle hotel is the second planned Hyatt hotel in Lisbon and marks the continued growth of the Andaz brand in key European destinations >>

News from around the APAC region
20 Oct 2020 : Hotel industry and travel news from around the Asia Pacific region: Singapore and Indonesia established reciprocal green lane, Western Australia Premier announced 50,000 affordable airfares and more >>


Reimagining Singapore’s Mid-Market Hotels
Tuesday, 20th October 2020

Singapore’s hotel space has been reimagining itself for decades. Starting in the 1990s and accelerating with each passing decade, the mid-market has progressively transitioned from niche to mainstream.

Fast forward three decades and the mid-market space now comprises just over half of Singapore’s hotel room supply, with approximately 32% of these properties being managed by home-grown companies >>

Mixed-Use Development - The Most Sustainable Model for Hotels Going Forward
Mixed-use development, usually a planned combination of hotels, retail, office or residential space, is a fairly widespread concept globally with several such iconic projects around the world >>

Building an Inclusive Recovery in the Middle East and Central Asia
Countries in the Middle East and Central Asia face with COVID-19 a public health emergency unlike any seen in our lifetime, along with an unprecedented economic downturn >>

In case you've missed it: Global eNews of October 19, 2020
Asian consumers are reducing discretionary spending, Accor successfully implements ALLSAFE, winter marketing and how businesses in Asia are navigating Covid-19 >>

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