Atour Lifestyle Holdings

According to a report by Morgan Stanley, Bloomberry Resorts’ new Quezon City integrated resort in the Philippines, Solaire Resort North, will be delayed even further. The opening had been pushed back to the first quarter of 2024, but Morgan Stanley thinks it will be pushed back to the second quarter but did not give any reasons for the likelihood of the […]

STR reported China hotel data for the week ended June 17. China Hotel RevPAR was up 59.8% year over year, up against a -14.3% comp decline. When compared to the same week in 2019, China Hotel RevPAR was down -3.2%. The Ascott Ltd., lodging division of CapitaLand Investment Ltd., is set to increase its properties in Malaysia […]

Colliers is recommending developers in the Philippines line up various hotel projects in order to capture the surge in local and foreign tourists. Dept of Tourism data showed the first 10 months of 2022 recorded 1.9 million arrivals, beating the full year target of 1.7 million. In the first half of 2022, Colliers recorded the delivery of […]

On Thursday, China’s new top leadership body reaffirmed Beijing’s “dynamic zero” Covid-19 policy in their first meeting since the Communist Party’s Congress last month. The Politburo Standing Committee said China’s epidemic prevention measures must not be relaxed. The meeting was chaired by President Xi Jinping. On Friday, Chinese regulators moved to relax Zero-Covid policies, changing the seven […]

The DJIA rose 32 points on Friday while Nasdaq was up another 209, the S&P 500rose 37 points and the 10-year treasury yield was down another .02 to 3.81%. Lodging stocks were higher again with MCG up 11%, HT up 8%, ABNB up 7%, SLNA up 6% and SVC up another 5%. SOND fell -9% on the day. Both Marriott International and Hilton announced an increase […]

The Wall Street Journal published an article on how Asia Pacific may have reopened to tourism, but the recovery is slow. That seems to be what is spurring dropping even more restrictions in what seems to be a race to be the most open country. The article said experiences in nations from New Zealand to South […]