Ahead of the inaugural AHICE South East Asia, which takes place in Singapore on February 27-29, JLL Hotels and Hospitality Group CEO APAC, Nihat Ercan, discusses the latest developments in hospitality across the region.
In 2023, two consistent headlines emerged. Firstly, the headwinds faced by the commercial real estate industry attracted substantial attention. Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. When combined, inevitable questions about the state of hotel investment, especially in…