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TFE Hotels

Asia-Pacific

TFE Hotels, ShriGo Hotels and Grand Amanta Expand

STR said China hotel RevPAR the week ended 12/24 was down -21.9% year over year and down -38.9% versus the same week in 2019. Absolute occupancy was 41.4% versus 51.1% the year before week. For now, there are really only two things that matter. The first is getting Covid to peak and start to see cases […]

January 3rd, 2023

Asia-Pacific

Standard International Seeks APAC Expansion

Dajia Insurance Group Co has put three hotels in the U.S. up for sale, hoping to generate US$1.3 billion to take advantage of an expected surge in leisure travel and resort business. The Wall Street Journal reported Dajia put up for sale the Montage in Laguna Beach, California; the Four Seasons resort in Jackson Hole, Wyoming; and the Four Seasons in […]

September 28th, 2022

Asia-Pacific

Singapore Eases Rules for Same-Day Visitors

The Singapore government said indoor masks will no longer be mandatory from August 29 on and that masks will only be worn in medical facilities and on public transport. The bigger announcement is same-day visitors will no longer be required to be vaccinated when entering the country. Same-day visitors will just need to present a two […]

August 25th, 2022

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