Thursday, July 20, 2023

Accor to Debut 400 Movenpicks in China

  • China hotel RevPAR up 40.6% YoY, surpassing decline from a year ago.
  • Philippines reaches 3 million international visitor arrivals, tourism receipts increase by 502%.
  • Accor’s partnership with Sunmei Group plans to open over 400 Movenpick by Accor hotels in China.

STR reported that China hotel RevPAR for the week ending July 15 was up 40.6% year over year. The results were up against a decline of -18.3% a year ago. When compared to the week in 2019, RevPAR was up 8.3%. The Philippines has reached its 3 million international visitor arrivals mark as of July 19. The Department of Tourism […]