Maldives Hotel Bookings Are Victims of Social Media Spat
Skift Take
- China's hotel RevPAR surged 56.1% year-over-year for the week ending December 30th, showing a significant recovery compared to the previous year's decline.
- The Maldives experienced a backlash from Indian tourists, with a significant number of hotel booking and flight ticket cancellations, following offensive comments by Maldivian politicians against Indian Prime Minister Narendra Modi.
- Major hotel groups are announcing new projects and expansions, such as Accor's partnership to launch Grande Mercure Jaipur Kukas in India, and Oberoi Group's legal setback in Himachal Pradesh.
STR reported China hotel data for the week ended December 30th. Hotel RevPAR in China surged 56.1% year over year for the week. It was up against an easy decline of -17.7% comp in 2022. When compared with 2019, Chinahotel RevPAR was up a solid 21.5%.
Singapore hotels’ performance was mostly steady in November as the Singapore Tourism Board said average room rates and other key measures were either flat or slightly down from October. Singapore’s international visitor arrivals did fall for the fourth straight month, to 1,100,459, down -2.3% from October. Colliers suggested in a report that Singapore hotel room rates may have peaked for most hotel segments, at least for now, as consumers grow more price conscious. Labor shortages have been easing so they feel hoteliers have more confidence to boost occupancy levels, especially at big box properties, and that will be at the expense of average rates. Ave
