Bahrain

STR said Sydney’s monthly hotel performance reached a pandemic-era high, according to preliminary September 2022 data from STR. Occupancy was 71.8%, average daily rate was A$252.13 and RevPAR was A$181.05. The market’s occupancy and RevPAR levels were the highest since February 2020 while ADR was the highest since February 2018. The highest occupancy level was recorded on Saturdays […]

Japan Prime Minister Fumio Kishida is pledging to increase inbound tourism spending to more than 5 trillion yen per year. The PM believes Japan can benefit from the yen’s recent fall to 24 year lows against the dollar. This is being said just as the country loosens up its border and Covid policies, including ending a cap on […]