Bangkok

STR said China Hotel RevPAR, the week ending March 4, was up 67.2% year over year. When compared to the week in 2019, hotel RevPAR in China was down -4%. The Bangkok Post reported that 112,876 room nights were reserved out of 560,000 available within six hours of the latest phase of the hotel subsidy program going live. […]

CNBC produced a segment on how hotel rates in Asia Pacific are surging. Squawk Box Asia late last week interviewed Alan Watts, Hilton’s Asia Pacific president who told them rates are at an all time high, clearly following the same pattern rates did in the United States after they opened up the country. Watts said the rates are being […]

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 […]

STR reported China RevPAR for the week ending 2/18. China hotel RevPAR rose 62.1% year over year, up against a 14% comp. Versus a similar week in 2019, RevPAR was up 8.8%. Fiji’s Deputy Prime Minister and Minister of Tourism announced they have recovered 71% of their tourist numbers since the reopening of their borders. In January, […]

The World Travel & Tourism Council reported positive signs of recovery for the Asian travel and tourism sector with five major metropolises seeing a significant economic rebound. The highest-performing Asian cities in 2022 were Bangkok, Beijing, Seoul, Singapore and Tokyo. The report, in partnership with Oxford Economics, showed those five cities had a recovering direct contribution to GDP by […]

The Philippines Hotel Sales and Marketing Association said hotels in the country remain optimistic of the industry’s performance this year as the average occupancy has already surpassed pre-pandemic levels. For the month of January, hotels were hitting 80% occupancy as compared with 60% to 70% pre-pandemic.  The association attributed the higher occupancy to the strong domestic tourism market, which covers […]

Singapore signaled an end to the Covid-19 era restrictions, removing nearly all remaining mask rules as well as all border restrictions for arrivals who are not fully vaccinated. The measures went into effect this past Monday. Masks are no longer required on public transport and indoor healthcare and residential care settings. The Ministry of Health […]

Tour groups from mainland China to 20 countries have restarted, 11 of which are in Asia Pacific. This includes Singapore, Philippines, Cambodia, South Korea, Australia, New Zealand, Sri Lanka and Macau and Hong Kong. Countries that are not on the list include Japan, South Korea and the US. The battle already is fierce for these low-margin […]

Singapore hotels’ average room rate was up 27.7% in December 2022 from a year ago to a new 14 year high of S$285.84. Tourist arrivals rose to 931,337, the highest since the onset of the pandemic.  Philippines President Ferdinand Marcos has approved a value-added tax refund program for foreign tourists by 2024 to attract more visitors. The government collects […]

Hotels in Thailand still want the government to accelerate the launch of the new phase of the domestic stimulus scheme even with an influx of Chinese tourists expected to show up. The Thai Hotels Association said the “We Travel Together” hotel subsidy scheme provides integral support for hotels and domestic tourists in terms of spending but […]

STR reported China hotel RevPAR rose 6.9% year over year the week ended January 7. RevPAR, when compared to the same week in 2019, was down -39.6%. The results should start to change with the next report due to the removal of most of the restrictions, offset by what is still being reported by some media […]

STR reported China hotel RevPAR was down -17.7% year over year for the week ended 12/31/22. When compared to the same week in 2019, RevPAR was down -23.6%. Absolute occupancy for the week was 39.8%. A year ago, absolute occupancy was 51.3%. As of Sunday, the terrible hotel news of the past three years is just […]