Aman Group

In March of 2024, Aman Group will launch a new brand, Janu, with 122 rooms in Tokyo’s Azabudai Hills development. The flagship property will offer an array of high end amenities, such as eight restaurants, two boutiques and one of the largest wellness centers in Tokyo. Most of Janu Tokyo’s accommodations will feature private balconies, […]

Singapore visitation in August was down by -7.8% from July. The Singapore Tourism Board said they recorded 1.31 million visitor arrivals in August. That takes the eight-month total to 9.01 million, still nearly -30% lower than the same period of 2019. August showed 214,490 arrivals from mainland China, the second consecutive month they were the largest single […]

STR reported that China hotel RevPAR was up 22% year over year for the week ending August 5th. When compared with the same week in 2019, RevPAR was up 6.7%. China has lifted a ban on group tours to more than 70 locations. Group tours will resume to dozens of locations in Asia Pacific, Europe, Africa, […]

The DJIA ended the day up 86 points, a bit of a disappointment after this morning. Nasdaq was up 158, the S&P 500 rose 33 points and the 10-year treasury yield plunged -.12 to 3.86%. Lodging stocks for the most part were lower on the day. SOHO was the big mover, up 13% while MAR traded up to a new high before […]

STR reported China hotel RevPAR was up 143.8% year over year for the week ended April 22. Results were up against an easy comparison of down -47.7%. When compared with the same week in 2019, RevPAR was up 1.9%. Radisson Hotel Group announced the latest phase of their expansion strategy in the Philippines with the signing of a deal […]

Savills Vietnam issued a report saying despite improvements in 2022, occupancy and room rates in Ho Chi Minh City have yet to recover to pre-pandemic levels. The occupancy rate of 45% last year was 20 percentage points higher year on year but was still 23 percentage points less than the figure in 2019. The average room rate reached 1.6 […]

The DJIA plunged 630 points on Friday while Nasdaq was down 421, the S&P 500 fell 105 points and the 10 year treasury yield jumped .06 to 3.88%. Lodging stocks were lower. MCG fell 5% while PLYA traded down to another new low. Jefferies lowered their price target on Hersha Hospitality to $12 from $13 and Sunstone Hotel Investors to $11 from $12. They maintained their Buy […]

You can take your pick on whether today was an oversold or a relief rally. Either way, the DJIA was up 436 points, Nasdaq was up 247, the S&P 500 was up 72 points and the 10-year treasury yield was down .08 to 3.27%. Lodging stocks had a nice bounce led by HT with a 9% gain, MCG up 8%, RHP up 7% […]

Toyosu is a relatively quiet area compared to the rest of Tokyo, Japan. It does have the world’s largest seafood market, the teamLab Planets digital art museum, and Kidzania. Soon there will be an Ibiza-inspired resort opening, complete with a dining hall and outdoor barbeque facilities. The Kiranah Resort Toyosu will open on August 26. It will occupy a […]