China Continues Outbound Tour Suspensions
Skift Take
- STR reported China hotel RevPAR for the week ended 11/12 was up 17.5% year over year.
- China’s Ministry of Culture and Tourism announced it would continue to suspend outbound tours by mainland travel agencies.
- In the recent China Construction Pipeline Trend Report from Lodging Econometrics, LE analysts report that China’s total hotel construction pipeline, at the close of Q3 2022, stands at 3,604 projects/684,288 rooms.
STR reported China hotel RevPAR for the week ended 11/12 was up 17.5% year over year. While that sounds impressive given the surge in Covid cases, when compared with the same week in 2019, pre-pandemic, RevPAR for hotels in China was down -40.5%. Absolute occupancy last week was 51.4% versus absolute occupancy a year ago of 43.4%. China reported more than 20,000 new Covid-19 infections on Tuesday.
China’s Ministry of Culture and Tourism announced it would continue to suspend outbound tours by mainland travel agencies. Immigration clearance in Macau and Zhuhai went back to 24-hour NAT testing, changed back to the more stringent policy from the 48-hour window previously. Guangdong Province remains a hotspot for Covid, reporting 6,000 cases for Tuesday alone.
In the recent China Construction Pipeline Trend Report from Lodging Econometrics, LE analysts report that China’s total hotel construction pipeline, at the close of Q3 20
