Surekha Ragavan
Oct 3, 2018

Key takeaways from BCD Meetings & Events' 2019 forecast report

The report highlights the short hotel supply in key Asian cities, the emergence of Shenzhen, and more.

Night view of Huarun Tower, Ping An Finance Centre, Tencent Binhai Tower, One Shenzhen Bay and other high-rise buildings and skyscrapers in Shenzhen city. Photo: AFP

Prices to remain stable

Supply of meeting spaces is growing fast in Asia Pacific, but this is complemented by a rise in demand. Forecasts by BCD Meetings Events suggest that prices will remain somewhat stable. However, exceptions are present in Singapore, Hong Kong and India where demand is growing more quickly than the number of meeting spaces.

Because Asia is more accustomed to shorter lead times compared to Europe and the US...

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