TFE Hotels

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 […]

The DJIA ended Friday with a gain of 132 points while Nasdaq was up 37, the S&P 500 was up 22 points and the 10 year treasury yield was down another .03 to 3.38%. Lodging stocks were modestly higher although the biggest movers were the new age group, to the downside. SOND fell another -6% to another new all time low while SLNA and SHCO were […]

STR said hotel RevPAR in China was up 58% year over year for the week ended February 25. It was up against a +29.5% comp in 2022. When compared with the same week in 2019, China hotel RevPAR was down -0.6%. The number of foreign tourists arriving in Vietnam in February reached 933,000, up 7.1% versus January. […]

IHG Hotels & Resorts said the are pursuing an ambitious expansion plan in Greater China that explores popular and emerging destinations. IHG currently has more than 1,000 hotels operating or under the pipeline. This year they will continue to expand their footprint in Greater China, covering more than 200 cities. In their Luxury & Lifestyle brands segment, Regent received a […]

Singapore signaled an end to the Covid-19 era restrictions, removing nearly all remaining mask rules as well as all border restrictions for arrivals who are not fully vaccinated. The measures went into effect this past Monday. Masks are no longer required on public transport and indoor healthcare and residential care settings. The Ministry of Health […]

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 […]

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 […]

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 […]