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33. 592,299 Hotel Rooms Under Contract in APAC
STR’s March 2016 Pipeline Report shows 592,299 hotel rooms in 2,558 projects Under Contract in the Asia Pacific region. The total represents an 8.7% increase in rooms Under Contract compared with March 2015 and a 1.6% year-on-year increase in rooms In Construction.
34. Melbourne, Singapore & Sydney Have Highest Average Room Rates in APAC
According to the HRS Annual Hotel Price Radar, the cities of Melbourne, Sydney, and Singapore had the most expensive average hotel room rates in 2014. With a 30% hike, Melbourne in Australia saw the biggest increase in hotel room rates in 2014, something which could be attributed to the burgeoning MICE sector in in the city. Closely following Melbourne is Sydney, which took the sec
35. Sabre’s First Travel Technology Exchange Conference in Asia Pacific Opens in Beijing
Sabre is hosting over 500 travel agents, airline and supplier representatives and members of the APAC travel industry in China this week, to discuss breakthrough technologies making waves at the intersection of travel and technology.
36. Amadeus Appoints Frederic Saunier as Head of Corporate IT - Asia Pacific
Amadeus has appointed Frederic Saunier as Head of Corporate IT in Asia Pacific, reporting to Florian Tinnus, Global Head of Corporate IT. With APAC outpacing the rest of the world in terms of travel spend growth, Frederic will further increase Amadeus’ regional focus on the segment through direct sales and channel partners, with a portfolio of online solutions and bundled GDS offer
37. Air Freight: FTKs Down 3.5% in October 2019; APAC Down 5.3%
IATA's global air freight data for October 2019 shows that demand, measured in freight tonne kilometers (FTKs), decreased by 3.5% when compared to the same month in 2018. This marks a weak start to the traditional peak season for air cargo and the twelfth consecutive month of year-on-year declines in freight volumes.
38. Wyndham Signs 12 Hotels in India; 4 in Indonesia
Wyndham Hotel Group has signed deals for 16 hotels throughout India and Indonesia, and unveiled plans to launch its extended stay Hawthorn Suites by Wyndham brand in India. Asia Pacific (APAC) is now the second largest region for Wyndham Hotel Group, with over 540 hotels currently open and operating.
39. ATR Forecasts Demand for 750 New Turboprops in APAC Over Next 20 Years
According to the latest ATR Market Forecast demand for new turboprops in Asia Pacific is expected to reach 750 units over the next 20 years. Out of the 750 estimated aircraft, 630 would be ATR 72 while the demand for ATR 42, accommodating up to 50 passengers, could reach 120 units.
40. Hotels in APAC Report July 2016 Increase in Occupancy and RevPAR
According to July 2016 data from STR, hotels in the Asia Pacific region recorded mostly positive results in the three key performance metrics when reported in U.S. dollar constant currency. Bangkok, Thailand, reported increases in each of the three metrics: occupancy (+4.7% to 81.1%), ADR (+4.3% to THB3,264.95) and RevPAR (+9.2% to THB2,648.47). The market reported relatively low s

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