Golden Week Covid Outbreaks Spur China Closures
Skift Take
- STR said China hotel RevPAR fell -35.8% for the week ending October 22 on a year over year basis.
- It is doubtful the RevPAR comps in China will look much better in coming weeks as Covid outbreaks following Golden Week are spurring closures and lockdowns.
- Best Western Hotels & Resorts signed a strategic partnership for two beach apartment buildings on Vietnam’s southeast coast.
STR said China hotel RevPAR fell -35.8% for the week ending October 22 on a year over year basis. When compared to the same week in 2019, RevPAR was down -51.8%. Absolute occupancy for the week was 46.8%. That compares with 65.6% for the comparable week in 2021.
It is doubtful the RevPAR comps in China will look much better in coming weeks as Covid outbreaks following Golden Week are spurring closures and lockdowns. Universal Beijing Resort announced its theme park, Citywalk and two hotels were temporarily closed in accordance with local anti-epidemic measures. The two hotels are The Universal Studios Grand Hotel and NUO Resort Hotel. Beijing once again has been hit with a Covid-19 flare up. Beijing reported 19 new locally transmitted cases and only locally new asymptomatic case on Tuesday. For all of China, they reported 338 cases nationwide. So far Shanghai Disneyland is remaining open as they said no transmitted cases were found to have visited the park
