Asia Pacific Hotel Industry Outlook: Mixed Signals Amidst Economic Uncertainties

JLL’s latest survey reveals a mixed outlook for the Asia Pacific hotel industry in 2024/2025, with North, South, and Southeast Asia projecting robust performance, while Australasia expresses more cautious optimism. Key findings include differing expectations for occupancy rates, ADR, and total revenue across subregions, with concerns about labor costs, F&B revenue, and the impact of the Chinese economic situation.

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