Rajasthan

STR gave their 2022 summary, saying among the global regions, Asia was the only one to see a decline in revenue per available room when compared with 2019. While Australia & Oceania saw RevPAR rise 4.3% as a 20.8% rise in room rates offset a -13.6% decline in occupancy, versus 2019, Asia RevPAR was down -31.2%. Asia region […]

STR reported hotel RevPAR in China rose 31.5% the week ended January 14. When compared with the same week in 2019, RevPAR was down -28.1%. The Chinese Ministry of Culture and Tourism announced the country has decided to resume outbound group travel to selected countries including Sri Lanka early next month. The pilot program will take effect on February 6 to […]

China’s Foreign Ministry spokeswoman told the media that many foreign nations had responded warmly to the country’s newly relaxed Covid-19 regulations. Some countries were also said to have reacted to Beijing’s decision to ease its own health policies with ‘disproportionate’ and ‘unacceptable’ restrictions. The Chinese government threatened to retaliate after the United States and other nations […]

STR reported China hotel data for the week ending 10/8. China hotel RevPAR was down -16.5% year over year (Golden Week). When compared with the same week in 2019, RevPAR was down -12.7%. Absolute occupancy for the week was 47.1%. That compares with absolute occupancy of 54.8% during the same week last year. People’s Daily, considered the […]

The number of Adelaide hotel rooms filled in one night hit a new high last month. On September 27, World Tourism Day, there were 9,001 CBD hotel rooms occupied of the total 9,911 available. This broke the previous record of 8,967 rooms occupied, reached the week prior. Nightly occupancy hit its highest since the start of […]

Hyatt Hotels Corp announced plans for its continued growth in the Asia Pacific market. They unveiled a robust pipeline of landmark luxury and lifestyle hotels and resorts, expected to open in late 2022 and 2023. This includes the strategic entry of several brands into new markets, including the arrival of The Unbound Collection by Hyatt brand in […]

The Business Times of Singapore commented on the Fitch Solutions report saying Vietnam’s tourism sector is forecast to record US$11.1 billion in revenue in 2024, which would exceed the 2019 tourism revenue number of US$10.8 billion. They expect strong growth to continue with US$13.2 billion generated by tourism in 2026 with more than 22 million arrivals in the country. As we […]