By Rakesh Patel — Having taken a number of short-haul flights through Asia in the last few weeks, it is obvious that air fares remain elevated. Whilst there is clearly a surge of revenge travel demand, this is also a
By Rakesh Patel — It was great to share some thoughts on Bloomberg News, about China’s reopening, Thailand tourism and the wellness industry (link to video). Thailand overall hotel occupancy finished 2022
By Rakesh Patel — I have just arrived in Thailand, and the optimism in tourism abounds. The Russians have evidently returned, particularly as the EU has tightened visa entry post the Ukraine conflict. Russian visitor numbers at the end
By Rakesh Patel — Hope you are well and perhaps looking forward to some festive travel for the first time in a couple of years. I have just finished a trip to Hong Kong and good to see that
By Rakesh Patel — I was in Singapore recently attending HICAP (Hotel Investment Conference Asia-Pacific) and facilitating a roundtable for the “Hotel Owners for Tomorrow”. The mood around the events was generally positive, partly as they are back to
By Rakesh Patel — Welcome to our October summary of all things travel and hospitality. This month we cover the phenomena of Blue Zones wellness, plus our comments on sustainable air travel and building construction. We finish with the
By Rakesh Patel — Welcome to the September summary of our latest thoughts and comments on articles related to the hospitality sector in Asia. This month, we summarise some of the trends we see in luxury
By Rakesh Patel — You will have seen the rapid growth in wellness and sustainability travel. Global wellness tourism has accelerated post-Covid, growing at 21% CAGR, and the majority of travellers now want a more experiential and sustainable trip.
Rakesh Patel, CEO and Founder of Alta Capital Real Estate, discusses the impact of China's reopening on the Thai tourism sector on "Bloomberg Markets Asia". He speaks with Rishaad Salamat and Yvonne Man.