Asset World Public Company Limited

Thailand celebrated the arrival of its 10 millionth international visitor of 2022 on Saturday, according to the tourism authority. While that is strong, post-Covid, Thailand welcomed 40 million people in 2019.  The government expects to generate nearly $16 billion in tourism revenue this year. Next year Thailand is expecting roughly 23 million tourists and possibly a full recovery in […]

STR reported China hotel RevPAR results for the week ended September 10. RevPAR was down -12.3% year over year while down -29.3% when compared with a comparable week in 2019. Absolute occupancy was 48.2% in China for the week. That compares with 56.2% in the year ago week. Hong Kong hotels have been told to set aside just eight […]