Pan Pacific CEO upbeat on Southeast Asian tourism as regional travel demand rebounds
- SINGAPORE: Pan Pacific Hotels Group is optimistic about tourism demand in Southeast Asia despite geopolitical tensions and rising travel costs, as more affluent travellers opt for shorter trips within the region while spending on premium experiences.
- The Singapore-based hotel operator said demand has rebounded strongly in the second half of 2026 after a sharp downturn in the second quarter, putting it on track to potentially meet its full-year targets.
- Chief executive Choe Peng Sum said the group's properties in Asia performed strongly in the first quarter before demand fell sharply in the sec
Unverified
- SINGAPORE: Pan Pacific Hotels Group is optimistic about tourism demand in Southeast Asia despite geopolitical tensions and rising travel costs, as more affluent travellers opt for shorter trips within the region while spending on premium experiences.
- The Singapore-based hotel operator said demand has rebounded strongly in the second half of 2026 after a sharp downturn in the second quarter, putting it on track to potentially meet its full-year targets.
- Chief executive Choe Peng Sum said the group's properties in Asia performed strongly in the first quarter before demand fell sharply in the sec
Sources: CNA