by Ross Woods | Dec 30, 2019 | Blog
While the Ministry of Trade and Industry (MTI) expects the Singapore economy to grow by 0.5 to 1.0% in 2019 and by 0.5 to 2.5% in 2020, the number of international visitor arrivals is expected to grow by about 3.1% to almost 19.1 million in 2019 and by 4.6% in 2020 to...
by Ross Woods | Dec 29, 2019 | Blog
Targeting hotel markets with the highest barriers to entry and little to no competitive supply planned or under construction is one way to identify hotel assets with asymmetrical return potential. With some of the largest hotel markets in the US currently adding...
by Ross Woods | Dec 29, 2019 | Blog
The emergence of new hotel markets in resort, urban and suburban locations in Indonesia in recent years, has necessitated the need to better understand the economic drivers of these markets. A better understanding has enabled us to build more robust econometric...
by Ross Woods | Nov 30, 2019 | Blog
The Manhattan lodging market is likely to end 2019 with an overall decline in RevPAR of 3.9%. Average occupancy for the entire market is likely to decline by 1.4% and average ADR is forecast to fall by 2.5% compared to 2018 as illustrated in the following table. The...
by Ross Woods | Nov 11, 2019 | Blog
It’s almost one and a half years since a magnitude 7.0 earthquake struck the island of Lombok, a major tourist destination in Indonesia’s West Nusa Tenggara Province. With its epicenter near Loloan Village in the North Lombok Regency, the earthquake...
