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Asia-Pacific

Macau Tops Forbes Travel Guide’s Five-Star List

STR reported China hotel RevPAR, the week ending February 11, was up 61.6% year over year. That was despite being up against a 54% comp result in 2022. When going up against the same week in 2019, pre-pandemic, RevPAR last week was up 1.3% despite tough Chinese New Year comps due to the timing of […]

February 16th, 2023

Asia-Pacific

China’s Travel Rebound May Speed Up

STR reported China hotel RevPAR was down -17.7% year over year for the week ended 12/31/22. When compared to the same week in 2019, RevPAR was down -23.6%. Absolute occupancy for the week was 39.8%. A year ago, absolute occupancy was 51.3%. As of Sunday, the terrible hotel news of the past three years is just […]

January 9th, 2023

Asia-Pacific

Macau Reopens to Foreign Citizens

The Macau Statistics and Census Service said six hotels in Macau stopped providing accommodation services to the public in July, during the Covid outbreak. That brought the region to 115 hotels and guesthouses, and the biggest drop since the Statistics and Census Service began collecting such data in January 2019. The statement did not clarify if […]

August 31st, 2022

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