RAK Properties PJSC

How high will be too high for May Day Golden Week in China as reports continue to pour in about terrific business, soaring room rates along with a report from Bloomberg that there were roughly 19.7 million railway trips made across the country on April 29. China Railway Group said they expect a record 120 million […]

HVS Anarock’s latest report on India says occupancy will improve to 66% at hotels in 2023. That compares with the end of 2022 when occupancy was in the 59-61 percent range. Occupancy rising past 60% and room rates fully recovering last year and rising 17% this year could send RevPAR to new highs but it has […]