Melbourne

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 […]

STR said the reopening of Japan’s international border several months ago, along with the National Travel Support campaign, have helped boost Tokyo’s hotel average daily rate beyond pre-pandemic comparables for two straight months. The rise in room rates was preceded by improving occupancy which came in at 74.8% in December 2022 and dropped slightly to 69% in […]

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 […]

Marriott International announced it signed an agreement with China Central Place, Suzhou to bring the Ritz-Carlton and Marriott Executive Apartmentsbrands to Suzhou, a major city in Eastern China. The two complex properties are expected to open at the end of 2024 and the middle of 2025, respectively. The dual-branded properties will open in partnership with Suzhou Chunji Real Estate Development. They will […]

The World Travel & Tourism Council’s Cities Economic Impact Report showed travel and tourism’s direct contribution to Sydney, Melbourne and Perth’s GDP and jobs continues to rise. Prolonged border closures in Australia and key markets such as China means visitor spending numbers are still low. In 2019, Perth’s travel and tourism sector contributed over A$4.5 billion to the […]

Macau’s Statistics and Census Service said the SAR saw a total of 5,700,339 visitor arrivals in 2022, down 26% year on year. The 2022 figure compares with 7.7 million arrivals in 2021 and a record 39.4 million arrivals in 2019. The number of overnight visitors fell 32.8% to 2,484,028 while same day visitors fell 19.8% […]

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 said China hotel RevPAR the week ended 12/24 was down -21.9% year over year and down -38.9% versus the same week in 2019. Absolute occupancy was 41.4% versus 51.1% the year before week. For now, there are really only two things that matter. The first is getting Covid to peak and start to see cases […]

STR reported Sydney’s hotel industry recorded its highest performance levels of the pandemic-era. The preliminary November 2022 data shows occupancy averaging 79.8% for the month, ADR at A$273.07 resulting in RevPAR of A$217.79.  STR said the market’s ADR level was the highest for any month on record except for September 2000 when it hosted the Sydney […]

Thailand celebrated the arrival of its 10 millionth international visitor of 2022 on Saturday, according to the tourism authority. While that is strong, post-Covid, Thailand welcomed 40 million people in 2019.  The government expects to generate nearly $16 billion in tourism revenue this year. Next year Thailand is expecting roughly 23 million tourists and possibly a full recovery in […]

STR reported Melbourne, Australia’s hotel performance reached a pandemic era high, according to preliminary October 2022 data from STR. Occupancy for the month was 69.9%, ADR was A$232.07 and RevPAR was A$162.21. The market’s ADR level was the highest for any month on record while occupancy and RevPAR were the highest since February 2020 and November 2019 respectively. […]