Hotel Insights Q1 2021 (Colliers International) 21 March 2021
As governments across the world begin to ramp up their vaccination plans, travel will return. We do anticipate some caution in the near term as borders reopen and the mechanism to facilitate mass travel is formalised.
While there will be changes and more emphasis on factors such as hygiene, our inherent wanderlust, relatively cheap cost of travel and pent-up demand will drive our prediction of a V-shaped recovery for the sector over the next three to four years.
In Colliers Hotel Insights | Q1 2021, we look at:
- The outlook for hotels in Asia Pacific in 2021
- Hotel market in Melbourne, Australia
- Hotel market in Singapore
- An update on the casino gaming sector
