{"id":104683,"date":"2019-03-05T08:04:27","date_gmt":"2019-03-05T01:04:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-deals-loom-in-the-global-hotel-industry-as-supply-outpaces-demand-says-best-western-ceo\/"},"modified":"2019-03-05T10:02:56","modified_gmt":"2019-03-05T03:02:56","slug":"more-deals-loom-in-the-global-hotel-industry-as-supply-outpaces-demand-says-best-western-ceo","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-deals-loom-in-the-global-hotel-industry-as-supply-outpaces-demand-says-best-western-ceo\/","title":{"rendered":"More deals loom in the global hotel industry as supply outpaces demand, says Best Western CEO"},"content":{"rendered":"


\nA glut in the supply of hotel rooms that has outpaced demand will lead to more mergers and acquisitions in the increasingly competitive industry, according to the head of the Best Western Hotels and Resorts Group.\u201cIn the last 10 years, an astonishing number of hotels has been added, and in some countries the demand hasn\u2019t kept up with supply. So you increase the supply by 10 per cent, but has demand grown by 10 per cent? It has not, so it\u2019s far more competitive today,\u201d said David Kong, CEO of\u2026
\n
\nSource : South China Morning Post
\nRead more…More deals loom in the global hotel industry as supply outpaces demand, says Best Western CEO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A glut in the supply of hotel rooms that has outpaced demand will lead to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-104683","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rer","jetpack-related-posts":[{"id":165655,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-retail-rents-surge-in-abu-dhabi-and-dubai-as-demand-outpaces-supply\/","url_meta":{"origin":104683,"position":0},"title":"UAE retail rents surge in Abu Dhabi and Dubai as demand outpaces supply","date":"November 24, 2025","format":false,"excerpt":"\r JLL\u2019s Q3 2025 report shows rising rents and strong demand in UAE office and retail markets as landlords gain pricing power The post UAE retail rents surge in Abu Dhabi and Dubai as demand outpaces supply appeared first on Arabian Business: Latest News on the Middle East, Real Estate,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/Business-Bay-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":171470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-office-market-demand-outpaces-new-supply-market-sees-shortage-despite-new-spaces\/","url_meta":{"origin":104683,"position":1},"title":"Dubai office market demand outpaces new supply, market sees shortage despite new spaces","date":"April 22, 2026","format":false,"excerpt":"\r Dubai\u2019s total office stock is forecast to rise from 110 million square feet to 119 million square feet by 2030, with almost 9 million square feet of additional space due to come to market The post Dubai office market demand outpaces new supply, market sees shortage despite new spaces\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-holiday-homes-give-hotels-serious-competition\/","url_meta":{"origin":104683,"position":2},"title":"Dubai holiday homes give hotels serious competition","date":"October 20, 2016","format":false,"excerpt":"\r Holiday homes in Dubai are giving hotels a run for their money following the introduction of new regulations. The Dubai Government started regulating holiday homes market in 2013, and since then there has been an increase in their numbers. In the first half of the year alone, there has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mena-outpaces-global-demand-for-branded-living-as-dubai-cements-global-lead\/","url_meta":{"origin":104683,"position":3},"title":"MENA outpaces global demand for branded living as Dubai cements global lead","date":"October 8, 2025","format":false,"excerpt":"\r According to new data by Global Branded Residences (GBR), the surge marks a pivotal moment in the evolution of branded residences The post MENA outpaces global demand for branded living as Dubai cements global lead appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Fairmont-Residences-Al-Marjan-Island-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":152194,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-warehouses-hit-98-occupancy-amid-industrial-boom\/","url_meta":{"origin":104683,"position":4},"title":"Saudi warehouses hit 98% occupancy amid industrial boom","date":"April 29, 2025","format":false,"excerpt":"\r Riyadh rents up 16%, Jeddah at 97% capacity as demand outpaces supply, Knight Frank report shows\r \r Source : arabianbusiness.com\r Read more...Saudi warehouses hit 98% occupancy amid industrial boom","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/Saudi-Arabia-Industrial-And-Logistics-Market-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":52750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-hospitality-group-unveils-six-new-hotels\/","url_meta":{"origin":104683,"position":5},"title":"Emaar Hospitality Group unveils six new hotels","date":"April 24, 2017","format":false,"excerpt":"\r Emaar Hospitality Group, the hospitality and leisure arm of Emaar Properties, unveiled six new hotels as part of its regional and international expansion at Arabian Travel Market (ATM) in Dubai. The expansion will come across Emaar's three hotel brands, the premium Address hotel and resorts, the upscale Vida Hotels\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104683"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=104683"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}