7 Days Inn

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 […]