The Asia-Pacific hotel market remained steady in the second half of 2021, with average occupancy rates ending the year at about 50% on the back of falling Covid-19 infection rates, sustained domestic travel demand and the launch in some markets of travel bubbles or special arrangements, such as Singapore’s Vaccinated Travel Lanes (VTL), says CBRE’s Asia Pacific Hotel Outlook: Trends to Watch in 2022 report released on March 31.