{"id":97282,"date":"2018-09-05T09:08:39","date_gmt":"2018-09-05T02:08:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotels-outside-hong-kongs-flashy-areas-should-avoid-the-rush-to-convert-to-offices-colliers-says\/"},"modified":"2018-09-05T10:05:59","modified_gmt":"2018-09-05T03:05:59","slug":"hotels-outside-hong-kongs-flashy-areas-should-avoid-the-rush-to-convert-to-offices-colliers-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotels-outside-hong-kongs-flashy-areas-should-avoid-the-rush-to-convert-to-offices-colliers-says\/","title":{"rendered":"Hotels outside Hong Kong\u2019s flashy areas should avoid the rush to convert to offices, Colliers says"},"content":{"rendered":"


\nTempted by soaring rents, some of Hong Kong\u2019s hotel owners in upscale areas are converting their properties into office space. But one analyst is warning against a greed stampede.
\nEight hotels are now being refurbished, redeveloped or on the drawing board for the shift, representing more than 2,000 hotel rooms, according to a Colliers International report released on Wednesday.
\nSeven of them are located in what the Hong Kong government calls \u201ccore\u201d areas — Sheung Wan, Central…
\n
\nSource : South China Morning Post
\nRead more…Hotels outside Hong Kong\u2019s flashy areas should avoid the rush to convert to offices, Colliers says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tempted by soaring rents, some of Hong Kong\u2019s hotel owners in upscale areas are converting...<\/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-97282","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-pj4","jetpack-related-posts":[{"id":116597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotels-are-down-on-their-knees-as-two-in-three-rooms-sat-empty-in-asian-hospitality-industrys-first-quarter-slump\/","url_meta":{"origin":97282,"position":0},"title":"Hong Kong\u2019s hotels are down on their knees as two in three rooms sat empty in Asian hospitality industry\u2019s first-quarter slump","date":"May 22, 2020","format":false,"excerpt":"\r Hong Kong hotels were the biggest losers in Asia\u2019s hospitality industry in the first-quarter, as travel bans and lock-down orders to contain the global coronavirus pandemic kept business travellers and tourists away, hitting the financial hub particularly hard.Average nightly room rate across all categories of hotels plunged 41.5 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-investment-market-reels-from-coronavirus-protests-with-prices-tumbling-and-landlords-suing\/","url_meta":{"origin":97282,"position":1},"title":"Hong Kong\u2019s hotel investment market reels from coronavirus, protests, with prices tumbling and landlords suing","date":"September 9, 2020","format":false,"excerpt":"\r Hong Kong\u2019s hotel investment market is reeling from the impact of Covid-19 on tourism, with only one transaction taking place this year and landlords suing hotels for millions in rent arrears.Only one hotel property has changed hands successfully, albeit at a steep discount, so far this year compared with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133684,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-reopening-set-to-boost-hong-kongs-property-market-as-retail-leads-the-recovery-colliers\/","url_meta":{"origin":97282,"position":2},"title":"China's reopening set to boost Hong Kong's property market as retail leads the recovery: Colliers","date":"January 12, 2023","format":false,"excerpt":"\r In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to Colliers Hong Kong.\u00a0\u00a0\r \r Source : cnbc.com\r Read more...China's reopening set to boost Hong Kong's property market as retail leads the recovery: Colliers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-markets-hit-by-triple-whammy-of-shocks-colliers\/","url_meta":{"origin":97282,"position":3},"title":"Hong Kong's property markets hit by 'triple whammy' of shocks: Colliers","date":"February 28, 2020","format":false,"excerpt":"\r \"Squawk Box\" Asia talks HK's property market to Nigel Smith of Colliers Hong Kong, and he delivers a glimmer of hope for the shape of things to come.\r \r Source : cnbc.com\r Read more...Hong Kong's property markets hit by 'triple whammy' of shocks: Colliers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-may-drop-for-first-time-since-2013-says-colliers\/","url_meta":{"origin":97282,"position":4},"title":"Office rents in Hong Kong\u2019s Central district may drop for first time since 2013, says Colliers","date":"November 7, 2018","format":false,"excerpt":"\r Hong Kong\u2019s Central district, the world\u2019s most expensive office address, will see rents fall next year for the first time since 2013, according to Colliers International. The tanking stock market, rising interest rates and the US-China trade war are all taking a toll on the confidence of financial firms,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-market-is-under-some-pressure-colliers-international\/","url_meta":{"origin":97282,"position":5},"title":"Hong Kong's office market is 'under some pressure': Colliers International","date":"June 29, 2020","format":false,"excerpt":"\r Cities like Singapore, Bangalore and Melbourne look the most promising in the Asia-Pacific's office markets, says Andrew Haskins of Colliers International. He also discusses how the Hong Kong office market is currently \"under some pressure,\" with office rents expected to decline for the second consecutive year.\r \r Source :\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\/97282"}],"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=97282"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97282\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}