Flooding hurts Bangkok hotel occupancy: Some Bangkok hotels are reporting large occupancy declines as the floods sweeping Thailand are curtailing tourists from visiting. Meanwhile there remains a 50% chance the city itself will flood.
Read more at The Wall Street Journal
Western Australia incentivizing development: A new set of development incentives for hotels set up by the Western Australian government could help facilitate hotels in the Perth area.
Read more at The West Australian
US market improves in 3Q: STR reported that during the third quarter in the U.S. occupancy increased 4% to 66.5%, average daily rate rose 3.8% to US$102.96, and revenue per available room was up 7.9% to US$68.44.
Another von Essen sale: A former von Essen property, the 32-room Bishopstrow House in Wiltshire was sold to Longleat on Wednesday.
Accor expands in Singapore: A management contract was signed for the 132-room Sofitel So in Singapore on Tuesday.
Asia Pac travelers up: PATA reported on Tuesday that the amount of travelers to Asia Pacific destinations increased 6% year-on-year in August.
Read more at Travel Daily News International