{"id":119095,"date":"2020-11-03T06:00:18","date_gmt":"2020-11-02T23:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-fund-alta-capital-readies-war-chest-to-pounce-on-coronavirus-battered-hotels-spa-resorts-in-asia-pacific\/"},"modified":"2020-11-03T06:03:19","modified_gmt":"2020-11-02T23:03:19","slug":"private-fund-alta-capital-readies-war-chest-to-pounce-on-coronavirus-battered-hotels-spa-resorts-in-asia-pacific","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-fund-alta-capital-readies-war-chest-to-pounce-on-coronavirus-battered-hotels-spa-resorts-in-asia-pacific\/","title":{"rendered":"Private fund Alta Capital readies war chest to pounce on coronavirus-battered hotels, spa resorts in Asia-Pacific"},"content":{"rendered":"


\nDistress in the hotel and wellness property segments is likely to be more pronounced next year as the coronavirus pandemic continues to devastate the travel and tourism industry, according to the founder of a newly-launched private equity fund.With a likely 20 to 30 per cent discount in prices of hotels and resorts that have seen their cash flow restricted by border closures aimed at stemming the spread of the deadly disease, Hong Kong-based Alta Capital Real Estate hopes to scoop up five\u2026
\n
\nSource : South China Morning Post
\nRead more…Private fund Alta Capital readies war chest to pounce on coronavirus-battered hotels, spa resorts in Asia-Pacific<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Distress in the hotel and wellness property segments is likely to be more pronounced next...<\/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-119095","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-uYT","jetpack-related-posts":[{"id":124353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotels-in-asia-pacific-likely-to-see-surge-in-investment-this-year-as-coronavirus-restrictions-ease-jll-report-says\/","url_meta":{"origin":119095,"position":0},"title":"Hotels in Asia-Pacific likely to see surge in investment this year as coronavirus restrictions ease, JLL report says","date":"January 26, 2022","format":false,"excerpt":"\r Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30 per cent increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.The higher investment in the segment is just one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eight-out-of-10-asia-pacific-hotels-had-to-close-at-peak-of-coronavirus-pandemic-colliers-estimates\/","url_meta":{"origin":119095,"position":1},"title":"Eight out of 10 Asia-Pacific hotels had to close at peak of coronavirus pandemic, Colliers estimates","date":"June 10, 2020","format":false,"excerpt":"\r Eight out of 10 hotels in Asia-Pacific had to temporarily close down at the height of the Covid-19 pandemic in the first three months of the year, according to property consultancy Colliers.\r\rThat is likely to lead to losses of at least US$50 billion in first-half revenues for the segment.\r\r\u201cThe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tourism-development-fund-brings-playa-hotels-resorts-all-inclusive-concept-to-saudi-arabias-red-sea\/","url_meta":{"origin":119095,"position":2},"title":"Tourism Development Fund brings Playa Hotels & Resorts\u2019 all-inclusive concept to Saudi Arabia\u2019s Red Sea","date":"March 15, 2022","format":false,"excerpt":"\r The all-inclusive model offers competitive advantages, including predictable revenue and occupancy, additional revenue through high-margin premium services, and high customer satisfaction\r \r Source : arabianbusiness.com\r Read more...Tourism Development Fund brings Playa Hotels & Resorts\u2019 all-inclusive concept to Saudi Arabia\u2019s Red Sea","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/03\/red-sea-saudi-arabia-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":40089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nakheel-makes-a-deal-with-thailands-centara-for-deira-islands-beachfront-resort\/","url_meta":{"origin":119095,"position":3},"title":"Nakheel makes a deal with Thailand's Centara for Deira Islands beachfront resort","date":"January 9, 2017","format":false,"excerpt":"\r Nakheel has signed a joint venture with Thailand-based Centara Hotels and Resorts, paving the way for a Dh500 million beachfront resort on its Deira Islands project in Dubai. The developer had first announced a potential tie-up with Centara in October 2015. Nakheel said that the 500-bed resort would be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/philippines-fast-growing-tourism-industry-has-developers-hoteliers-talking\/","url_meta":{"origin":119095,"position":4},"title":"Philippines\u2019 fast-growing tourism industry has developers, hoteliers talking","date":"January 24, 2017","format":false,"excerpt":"\r HICP returns to Manila next month Doing yoga at the Chocolate Hills in Bohol, Philippines. My Good Images\/Shutterstock Tourism may not be the Philippines\u2019 forte when compared to the performance of some of its ASEAN neighbours. But it is doing fine, thank you very much.\u00a0The archipelago welcomed six million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-open-35-new-hotels\/","url_meta":{"origin":119095,"position":5},"title":"Emaar to open 35 new hotels","date":"April 25, 2016","format":false,"excerpt":"\r Dubai's Emaar Hospitality Group expects to open 35 hotels and serviced residences within about five years as it expands at home and abroad. The new hotels will encompass its luxury Address Hotels and Resorts brand and the upscale Vida Hotels and Resorts as well as the midscale Rove Hotels.They\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\/119095"}],"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=119095"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119095\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}