Prince Hotels & Resorts

STR reported that China hotel RevPAR was up 36.9% in the week ending July 22nd. That was up against a drop of -15.7% in the year-ago week. Versus the week in 2019, RevPAR was up 5.4%. The South China Morning Post published an article on how cash-rich investors are looking to buy hotels in Hong Kong, taking advantage […]

Foreign visitors to Indonesia in February were down -4.62% from January, recording 701,930 tourist arrivals, the lowest since December. Officials said this was a seasonal effect as February is the low season for tourism. Of course, the expectations for everyone in the Asia Pacific region was the reopening of China would cause a regional surge but […]