Swissotel

STR said China hotel RevPAR was up 93.8% year over year the week ended May 20. It was up against an easy comp of down -38.2%. When compared with the same week in 2019, China hotel RevPAR was down -2.4%. Minor International Pcl said they expect a record year for its hospitality business on pent-up travel demand […]

STR reported China hotel data for the week ended May 6. Hotel RevPAR in China was up 140.9% year over year. When compared with the same week in 2019, hotel RevPAR was up 21.2%. The South China Morning Post said Macau’s casinos are still struggling with finding labor as hotel rooms stay shut and the resorts are unable […]

STR said China hotel RevPAR for the week ended April 15, was up 155.1% year over year. When compared with the same week in 2019, RevPAR was down -3.8%. The year over year results were up against an easy comp of -50.6%. Marriott International announced it signed agreements with Vinpearl for an additional seven hotels and resorts in Vietnam, comprising […]

STR reported China hotel RevPAR the week ended September 17 fell -11.5% year over year. When compared with the same week in 2019, China hotel RevPAR was down -40.1%. Absolute occupancy for the week was 49.7% in China, down from 57.1% in the same week in the previous year. Despite STR reporting week after week for the past several […]