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Article - Hotstats Hotel Market Report - Asia's Path Forward in 2024 - By Tareq Bagaeen - Earlier this week I was talking to a regional commercial head of Asia for one of the world's largest hotel chains and the view forward into 2024 is one of concern, to say the least. At the moment, the hotel benchmarking data look goods; for many destinations within this region, 2023 was a record year both in terms of topline revenue as well as Gross Operating Profit (GOP). Expectations are significant for the coming year; thus, the higher than usual level of apprehension.

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