Bengaluru

Shanghai ordered mass testing of all 1.3 million residents amidst another lockdown, Wuhan locked down 900,000 people for at least five days, while in Macau the MGM Cotai casino resort was locked down after a dealer tested positive. Macau also ordered citywide testing. Sadly, given the new and more transmissible Covid variants, this is going to continue […]

STR reported China hotel RevPAR for the week ended September 3. Year over year, hotel RevPAR was up 19.3%, still up against easier year-over-year comps. When compared to the similar week in 2019, hotel RevPAR was down -28.2%. Absolute occupancy for the week was 52.7%. That compares with absolute occupancy of 46.65 during the same week in 2021. […]

Bloomberg reported that hotel rooms in Singapore are now the most expensive in almost a decade as the city-state seeks to position itself as the tourism and business destination in Asia. The average hotel room rate in Singapore rose nearly 70% year on year in July to S$259, the highest since September 2021. Visitor arrivals continue to […]