Hospitality trends in the Asia-Pacific: a discussion of five key sectors

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Issue:

Business

 

Written by:

Jose T

 

Date added:

August 27, 2015

 

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Grade:

A

 

No of pages / words:

20 / 5433

 

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9952 times

 

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Observes that the meetings, incentives, conventions and exhibitions (MICE), backpacker, and bed and breakfast sectors are growing, characterised by burgeoning market demand, proliferation of specialist infrastructure, sector-specific education and training, and dedicated development and marketing strategies...
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The casino sector is facing major challenges, seeing declining demand in some areas. Competitive forces are evident in the licensed clubs sector, where a proliferation of gambling options has undermined traditional sources of revenue. Conversely, the hotel and restaurant sectors can be considered mature...
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