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Asia-Pacific

Marriott to Expand China Properties by Nearly 10% in 2023

Finn Partners released the results of their latest report, Outbound Rebound: The Return of Chinese Travelers. The survey was conducted in mid to late-January, started days after the Chinese government lifted international travel restrictions after 3 years. Over 2,000 affluent Chinese in first, second and third tier cities were interviewed. The findings included that one in two affluent […]

March 29th, 2023

Asia-Pacific

Chinese Outbound Travel Continues to Expand

Singapore has urged Chinese authorities to restore flight capacity between the two nations to pre-Covid levels as soon as possible in a bid to improve business and tourism ties. The Straits Times said Singapore’s Foreign Minister made the request to his Chinese counterpart during a meeting this week. The number of weekly flights between the two is […]

February 22nd, 2023

Asia-Pacific

India Premium Hotel Inventory Demand to Increase

STR reported China hotel RevPAR for the week ended 11/5 was up 4.4% year over year. When compared to a similar week in 2019, RevPAR was down -44.7% which tells a better story of what is going on there. Year over year, absolute occupancy for this past week was 49.6% while the comp week in 2021 absolute occupancy […]

November 10th, 2022

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