Asia Pacific Outlook 2023: Confronting challenges, selective opportunities, India’s airport lounges industry is set to grow and more...

Asia Pacific Outlook 2023: Confronting challenges, selective opportunities
Wednesday, 21st December 2022

Concerns linger over inflation, interest rates, and the geopolitical environment.Despite the imminent muted economic outlook weighing on investor sentiment, the Asia Pacific region is expected to weather this uncertainty — with a moderate downturn of 5% to 10% projected for real estate investment activity in 2023.

Among the few bright spots is the hotels sector where volumes are expected to grow 6% next year amid a strong tourism recovery, following a 10% to 15% rebound in 2022 >>

India’s airport lounges industry is set to grow
21 Dec 2022 : India is expected to become the world's third-largest aviation market by 2024-25 and is investing heavily in expanding its airport infrastructure to improve internal connectivity, especially to Tier 2, 3 & 4 cities >>

Metaverse market in travel and tourism industry 2022-2026
21 Dec 2022 : The size of the global metaverse market in travel and tourism industry is estimated to grow by USD 188.24 billion from 2021 to 2026, or CAGR of 26.01%. North America will account for a 37% share of the global market's growth during the forecast period >>

The first Steigenberger Residence opens in Doha
21 Dec 2022 : New Steigenberger Residence in Qatar's capital sets standards for living, dining and relaxation >>

HIGHLIGHT ARTICLE

Leading Through a Global Crisis
Wednesday, 21st December 2022

Although managing through a crisis is not new to leadership, today’s organizations face unprecedented disruptions—ones that occur more often and are more complicated. Leaders, then, can no longer rely on existing tactics, experts say.

Instead, they need to be prepared for more shocks and update their playbook as they adapt to the new business reality >>

Why Disability Access is a Rising Focus for Companies
More people with disabilities are entering the workforce, largely thanks to the advent of remote and hybrid working, companies are creating more workplaces that meet the needs of all >>

In case you've missed it: Global eNews of December 20, 2022
Sands China presents its vision and investment for the next decade in Macao, Accor's list of top 2023 openings and more >>