Kuwait

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 […]

STR reported China hotel RevPAR the week ended September 17 fell -11.5% year over year. When compared with the same week in 2019, China hotel RevPAR was down -40.1%. Absolute occupancy for the week was 49.7% in China, down from 57.1% in the same week in the previous year. Despite STR reporting week after week for the past several […]

Accor said they are experiencing a sustained recovery in their Western Australia hotel, apartment, and resorts network. Continued strength in leisure travel, the revival of business travel and an increase in international flights have prompted the resurgence of tourism, with positive forecasts for the remainder of the year. Accor’s city hotels experienced a downturn in the first […]