7 Days Inn

STR reported China hotel RevPAR was up 99% year over year for the week ended May 13. When compared to the same week in 2019, RevPAR was down -7%. STR said Jakarta, Indonesia’s preliminary April 2023 data showed its highest monthly ADR since August 2019. Occupancy was down -1.7% to 45% but ADR was up 32.9% to IDR1,015,991.89 […]

STR said during the seven-day Lunar New Year holiday period, China’s hotel average daily rate surpassed 2019 levels. Occupancy edged closer to the comparable before eventually surpassing it on day seven. Also different from pre-pandemic normal years, many opted for trips to their hometowns as opposed to international travel. Overall 36 of 43 markets in China saw […]

STR reported China hotel RevPAR for the week ended 11/12 was up 17.5% year over year. While that sounds impressive given the surge in Covid cases, when compared with the same week in 2019, pre-pandemic, RevPAR for hotels in China was down -40.5%. Absolute occupancy last week was 51.4% versus absolute occupancy a year ago of 43.4%. China […]

Macau’s tally of visitors reached 81,798 for the seven days from August 12 to August 18 inclusive, a daily average of about 11,685. That 56% rise from the preceding week also included a single day record since the seven-day quarantine was lifted, over 17,000 visitors on Saturday, August 20. In July, visitor arrivals fell -98.8% year […]