by Ross Woods | Dec 21, 2018 | Blog
Over the past couple of decades, the hotel industry in China has witnessed phenomenal growth, with the number of five-star hotels growing from 64 in 1998 to 816 in 2017, a CAGR of 14.3%. Over the same period, the number of five-star hotel rooms has grown from 30,966...
by Ross Woods | Nov 22, 2018 | Blog, Southeast Asia
On a recent trip to Indonesia I had the good fortune to attend a tribute to the late Indonesian designer, Jaya Ibrahim. Organized by Indonesia Design at The Dharmawangsa Jakarta, a luxurious 5-star hotel in Kebayoran Baru, South Jakarta, the tribute attracted several...
by Ross Woods | Nov 19, 2018 | Blog
In these heady times, it is easy for hotel investors to overlook the most important cornerstone of the capital markets: that expected returns are (and should be) greater for more risky assets. Hotel investors commonly believe, implicitly if not explicitly, that they...
by Ross Woods | Nov 16, 2018 | Blog
Indonesia’s burgeoning middle class and rising disposable income are having a major impact on the country’s restaurant industry. Assisted by the growth in international visitors, which have grown from 5.5 million in 2007 to 14 million in 2017, (as...
by Ross Woods | Nov 11, 2018 | Blog
The Singapore Productivity Centre (SPC) was set up in October 2013 under the aegis of the National Productivity Council. Its mission is to drive enterprise productivity for sustained growth and competitiveness. Singapore’s Hotel Productivity Centre (HPC) was...