Taipei Times
Date: Mar 01, 2018
By: Crystal Hsu  /  Staff reporter

Taipei last year finished second last in terms of hotel investment returns in the Asia-Pacific region where inbound tourists numbers increased, thanks to the fast-growing popularity of budget flights, according to a survey by Colliers International Taiwan.

The Mandarin Oriental Hotel, Taipei (台北文華東方酒店), the only lodging facility in Taiwan rated by the annual Colliers Hotel Insight survey, generated US$73,000 per room last year, the second least amount.

The Four Seasons Hotel Seoul generated US$69,800.

The ranking came even though the region saw a 4.5 percent increase in travelers, while revenue per available room (RevPAR) grew by 0.7 percent, the international property consultancy said on Tuesday.    [FULL  STORY]