Vivanta

STR reported China hotel data for the week ended May 27. China hotel RevPAR was up 83.3% year over year while up 4.3% versus the same week in 2019. Singapore hotels’ average room rate and RevPAR were up in April with ARR up 3.3% to S$273.18 from March. Year over year, ARR was up 32.8%. Overall room […]

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 […]

Ayala Land Hotels and Resorts Corp. is pushing forward with plans of increasing the number of keys in its homegrown Seda-branded hotels, spurred on by the surge in domestic tourism in the Philippines and rising number of international arrivals. The so-called ‘revenge travel’ and the Department of Tourism’s projected 4.8 million international arrivals goal signals to them […]

Golden Week started off with a bang in the SAR with Hong Kong reporting 165,000 people crossed the border into the city on the first day while more than 110,000 tourists from the Mainland left Hong Kong, complaining of soaring hotel prices and praising the convenience of the high-speed rail for making short visits. The South […]

An HVS Anarock report on the Indian hotel market shows the number of hotel rooms in tier-II and tier-III cities increased to 38% of the total inventory at the end of 2022 from 33% four years ago. The share of hotel rooms in metros went down to 19% during the same period. In 2022, 166 new […]

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 said the reopening of Japan’s international border several months ago, along with the National Travel Support campaign, have helped boost Tokyo’s hotel average daily rate beyond pre-pandemic comparables for two straight months. The rise in room rates was preceded by improving occupancy which came in at 74.8% in December 2022 and dropped slightly to 69% in […]

STR reported China hotel RevPAR, the week ending February 11, was up 61.6% year over year. That was despite being up against a 54% comp result in 2022. When going up against the same week in 2019, pre-pandemic, RevPAR last week was up 1.3% despite tough Chinese New Year comps due to the timing of […]

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 […]

South Korea’s government will remove its entry restrictions for short-term travelers from China. Associated Press said the South Korean officials believe the Covid situation in China is stabilizing. It will begin processing short-term visa applications again but will also maintain its testing requirements for now. All passengers from China, Hong Kong and Macau will need […]

Colliers is recommending developers in the Philippines line up various hotel projects in order to capture the surge in local and foreign tourists. Dept of Tourism data showed the first 10 months of 2022 recorded 1.9 million arrivals, beating the full year target of 1.7 million. In the first half of 2022, Colliers recorded the delivery of […]

Hong Kong announced plans to further ease its arrivals quarantine requirements. As of this Friday, overseas visitors will be subject to three days of compulsory hotel quarantine, down from the current seven. They will have to undergo a further four days of medical surveillance, during which they must test daily. If they test negative each day, they […]