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Asia-Pacific

Surge in Global Summer Travel Bookings

Trip.com data shows the global travel bookings for the summer (June 1 – August 31) already has surpassed the 2019 level with intra-regional travel leading the way. Overall bookings on the Trip.com platform for the summer increased by 170% when compared to the same period in 2022, up by 356% year over year in Asia. European markets are […]

June 1st, 2023

Asia-Pacific

Chinese Hotels Report Surge in Revenue Per Available Room

STR gave China hotel data for the week ended March 25th. Hotel RevPAR in China was up 159.2% year over year, up against an easy decline of -51% comparison. When compared with the same week in 2019, hotel RevPAR was down -6.2%. STR released their global bubble chart update through March 18th. It showed growing momentum in […]

March 30th, 2023

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