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Asia-Pacific

Macau Labor Day Numbers Exceed Expectations

STR reported China hotel RevPAR for the week ended April 29 was up 138.2% year over year. It was up against an easy -48.4 comp. When compared with the same week in 2019, hotel RevPAR was up 1.1%. The Association of Macao Tourist Agents said the first Labor Day holiday after lifting all Covid curbs had […]

May 4th, 2023

Asia-Pacific

Mandarin Oriental’s New CEO, Radisson’s Deal With La Vie

ONYX Hospitality Group has signed a business alliance agreement with Walton Asset Management Co., Ltd. to manage Shama Luxe Sukhumvit Bangkok. The luxury serviced apartment is located in the heart of Bangkok. Onyx said this signing is an important milestone as they launch the Shama Luxe brand into the luxury serviced apartment market. The Shame Luxe Sukhumvit offers 52 […]

May 3rd, 2023

Asia-Pacific

India’s Hotel Demand Is Outpacing Supply

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 […]

April 26th, 2023

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