Brij Hotels

Malaysia reopened its borders nearly a year ago and finally its hotel industry is getting back to pre-pandemic occupancy levels. The Malaysian Association of Hotels said the country recovered well in 2022 with the occupancy rate going from 36% to 54%. In 2019, the rate was around 60%, according to Tourism Malaysia data. The average room rate […]

STR gave their 2022 summary, saying among the global regions, Asia was the only one to see a decline in revenue per available room when compared with 2019. While Australia & Oceania saw RevPAR rise 4.3% as a 20.8% rise in room rates offset a -13.6% decline in occupancy, versus 2019, Asia RevPAR was down -31.2%. Asia region […]