South Korea

STR reported China hotel RevPAR for the week ended November 26 was up 2.2% year over year. When compared with the same week in 2019, hotel RevPAR was down -33%. Absolute occupancy for hotels in China for the week was 53.7%, up from 50% during the comparable week in 2021. Macau hotels’ had average occupancy in October of 41.8%, up 4.2 […]

CoStar published an article on Swire Hotels and its plans to expand The House Collective to destinations like Tokyo and Shenzhen Bay in China. The House Collective currently comprises four hotels in China and Hong Kong. In July, Swire announced its first international hotel affiliated with The House Collective, a collaboration between L Catterton Real Estate and Tokyu Corporation and Tokyu Department Store, both under the […]

STR reported China hotel RevPAR the week ended October 29 was down -17.1% year over year. When up against the similar week in 2019, hotel RevPAR fell -44.8%. China hotel absolute occupancy for the week was 48.8% compared with 55.2% during the same week in 2021. The South China Morning Post published an article on medical tourism being ramped up […]

Shanghai ordered mass testing of all 1.3 million residents amidst another lockdown, Wuhan locked down 900,000 people for at least five days, while in Macau the MGM Cotai casino resort was locked down after a dealer tested positive. Macau also ordered citywide testing. Sadly, given the new and more transmissible Covid variants, this is going to continue […]

Singapore’s Minister of State for Trade and Industry, and Culture, Community and Youth said Singapore’s visitor tally this year should be on the higher end of their 4 million to 6 million projection from July. They also expect their tourism receipts for 2022 to be between S$10 billion and S$20 billion. The figures are about 40% of […]

A new report from international travel industry analysts, the Centre for Aviation, predicts the Asia Pacific region will no longer be the world’s largest travel region by the end of 2022, ceding the title to Europe. They discussed how aviation in the region remains down by 45% compared to pre-pandemic levels while European air travel has recovered to roughly 85% […]

The Wall Street Journal published an article on how Asia Pacific may have reopened to tourism, but the recovery is slow. That seems to be what is spurring dropping even more restrictions in what seems to be a race to be the most open country. The article said experiences in nations from New Zealand to South […]

China reported 2,181 new Covid cases on Saturday, with infections surging to a three month high. Tourist destinations are the ones getting hit now which makes sense since the current variant evades things like vaccines, past infection antibodies, and even fantasies like Zero-Covid. As we expected, China’s decision to strand everyone on the Southern Island […]

STR reported Sydney, Australia hotel occupancy dipped in July from June. Occupancy in July 2022 was 65.8% while ADR was A$239.96 resulting in RevPAR of A$157.80. Even though that was a decline from June 2022, when compared with July 2019 the ADR and RevPAR levels were higher. Occupancy was -16.1% below July 2019. For the month there were only two […]