Debut of Aman’s Sister Brand Janu

• Savills Vietnam issued a report saying despite improvements in 2022, occupancy and room rates in Ho Chi Minh City have yet to recover to pre-pandemic levels.
• Thai hotel operators are ramping up plans to expand investment at home and abroad according to Nikkei.
• The huge fire in Hong Kong Thursday night into Friday which received so much attention was the 48 story luxury Kimpton Hong Kong hotel that is under construction in Tsim Sha Tsui.

Savills Vietnam issued a report saying despite improvements in 2022, occupancy and room rates in Ho Chi Minh City have yet to recover to pre-pandemic levels. The occupancy rate of 45% last year was 20 percentage points higher year on year but was still 23 percentage points less than the figure in 2019. The average room rate reached 1.6 […]