Visakhapatnam

STR reported China hotel RevPAR for the week ended January 28 was up 177.8% year over year. When compared with the same week in 2019, China hotel RevPAR was up 66.6%. Helping the year over year and 2019 comparison results was the timing of Chinese New Year – January 22, 2023 versus February 1, 2021 and February 5, […]

Japan Prime Minister Fumio Kishida is pledging to increase inbound tourism spending to more than 5 trillion yen per year. The PM believes Japan can benefit from the yen’s recent fall to 24 year lows against the dollar. This is being said just as the country loosens up its border and Covid policies, including ending a cap on […]