Japan to Get Ten Four Seasons Properties
Photo Credit: Manzamo Cape in Okinawa, Japan, the future site of Four Seasons Resort and Private Residences Okinawa. Four Seasons Hotels and Resorts
Skift Take
Berjaya Land Bhd plans to expand its presence in Japan by developing at least ten Four Seasons hotels and resorts, starting with the groundbreaking for the Four Seasons Resort & Private Residences Okinawa.
STR reported China hotel data for the week ended March 16. China hotel RevPAR was down -5.5% year over year for the week. It was up against a tough 134% comp in 2023. Truist remarked that they believe the China hotel market is experiencing “revenge travel fatigue” similar to what occurred with US leisure travel in 2023.
Macau recorded 3,293,564 visitor arrivals in February, a 15.1% increase over January. The result showed 110% growth over February 2023 but we don’t believe that is meaningful given how February was the first full month after the Zero Covid policy was lifted and residents were still hesitant to travel. More meaningful is that the arrivals number was 92.9% of February 2019. Mainland China visitation reached 95.7% of February 2019 levels. Foreign visitation was 176,192, at only 71.6% of the same period in 2019. We mention this because the Macau government has spent considerable funding and time and effort on promotions and fo
