Sydney

Hotel prices will surge for the upcoming Golden Week in popular cities. The Plus version of the Golden Week, including the Mid-Autumn Festival and National Day Holiday, drives this. Data from Qunar indicates that as of September 11, the top three cities for flight bookings during the holiday were Shanghai, Beijing, and Chengdu. A luxury suite at the Peninsula […]

STR reported China hotel data for the week ended September 9th. China hotel RevPAR was up 58.1% year-over-year, up against a decline of -12.3% in the year-ago week. Compared with the same week in 2019, RevPAR was up 10.3%. The Hong Kong Tourism Board said HK recorded preliminary visitor arrivals of about 4.1 million in August, representing […]

Singapore visitation in August was down by -7.8% from July. The Singapore Tourism Board said they recorded 1.31 million visitor arrivals in August. That takes the eight-month total to 9.01 million, still nearly -30% lower than the same period of 2019. August showed 214,490 arrivals from mainland China, the second consecutive month they were the largest single […]

The Thai Hotels Association said new ministerial regulations allowingplaces of accommodation with no more than eight rooms and 30 guests to be excluded from the hotel business would lead to a 15% to 20% loss of tourism revenue and an increase in safety risks. The regulation was recently published in the Royal Gazette, and THA believes this creates more […]

CoStar and STR analysis show Australia’s recent hotel performance represents normalization as leisure demand has peaked and corporate business is now strengthening. They will be presenting this at the NoVacancy Hotel + Accommodation Industry Expo. Through the first seven months of the year, Australia’s hotel occupancy was 68.2%, up 9.8% from last year but still down -6 points from 2019. ADR […]

The FIFA Women’s World Cup 2023 in Australia and New Zealand generated $2.98 billion in travel and retail spending in NSW, boosting the economy and drawing record audiences to hospitality venues. Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries for the first time […]

Vietnam New Brief reported that the supply of four and five-star hotels inVietnam rose 6.2% year over year in the first half of 2023. They cited a report by Outbox Company saying that at the end of June, Vietnam had 235 five-star hotels with 77,895 rooms and 354 four-star hotels with 47,502 rooms. Compared to 2019, that was […]

STR said the FIFA Women’s World Cup 2023 had given hotels around Australia and New Zealand a performance boost during the usually quiet winter season. Nine hotel markets/submarkets between Australia and New Zealand hosted matches during the tournament. All but one of those experienced a noticeable jump in RevPAR when comparing group stage dates from July 20 to August 2 against the 19 […]

Malaysia is expected to surpass its international tourist arrival target for the year by achieving an arrival of at least 18 million visitors, exceeding the initial target of 16.1 million tourists. They now expect to get 18 million as they recorded 4.5 million tourist arrivals in the first quarter. JLL’s Hotel Momentum India report showed that in 2Q 2023, RevPAR […]

STR reported that China hotel RevPAR was up 36.9% in the week ending July 22nd. That was up against a drop of -15.7% in the year-ago week. Versus the week in 2019, RevPAR was up 5.4%. The South China Morning Post published an article on how cash-rich investors are looking to buy hotels in Hong Kong, taking advantage […]

Accor Pacific announced that its partners have invested more than $300 million in hotel renovations and refurbishments since the beginning of 2022. Extensive renovations and refurbishments have occurred in various locations throughout the Pacific region, including Australia, New Zealand, Fiji, and French Polynesia. The investment aims to enhance guest satisfaction, elevate property amenities and ensure Accor’s 400 hotels, apartments, […]

Tokyo media reports suggest the number of domestic tourists who visited Japan’s capital in 2022 has bounced back to pre-pandemic levels. The Tokyo Metropolitan Government estimated that about 542.67 million Japanese tourists visited Tokyo last year, down only -0.1% compared to 2019, NHK reported. Japanese domestic tourists are estimated to have spent roughly 4.62 trillion yen (US$32.7 billion) which […]