2020 Asia-Pacific growth for top 4 defies odds

The four largest global hotel companies operating in the Asia-Pacific opened more than 300 hotels and signed more than 500 in the pandemic-clouded year of 2020, and a robust 2021 already is asserting itself. “What it means is investors in general see it as a ‘pause’ in trading returns rather than a disruption,” says Alan Watts of Hilton Worldwide, citing revived domestic travel in the region and pent-up demand.