Borneo to Get a Club Med and a Sheraton


Skift Take

  • STR reported China hotel RevPAR for the week ended March 11. Hotel RevPAR in China was up 85% year over year for the week.
  • STR said Sydney WorldPride 2023 drove the market’s hotel average daily rate and RevPAR above pre-pandemic levels while occupancy remained slightly below 2019.
  • The director of the Macao Government Tourism Office told a tourism forum that Macau welcomed an average of around 57,000 visitor arrivals each day in February.

STR reported China hotel RevPAR for the week ended March 11. Hotel RevPAR in China was up 85% year over year for the week. While a great showing, when compared with the same week in 2019, RevPAR was still down -10%.

STR said Sydney WorldPride 2023 drove the market’s hotel average daily rate and RevPAR above pre-pandemic levels while occupancy remained slightly below 2019. During the 17-day event, Sydney’s highest occupancy levels were recorded on March 4 at 95.8% and February 25, at 95.4%. Throughout the period, daily occupancy remained above 80% with only three days falling below that mark. When compared to the matching 17-day period in 2019, Sydney hotel occupancy was -2.3% lower while ADR was up +25.7% resulting in a RevPAR surge of +22.1%. In dollar terms, accommodation operators saw a room revenue lift of A$43 million from 2019. Room rates hit their highest point on the day of the Mardi Gras Parade on February 25 at A$414.

The director of the Macao