STR reported China hotel data for the week ended April 27th. China hotel RevPAR was down -11.9%, up against a tough +138.2% year-over-year comp in 2023. Occupancy for the week at China hotels was down -0.2% year over year while ADR was down -11.7%.
The Philippines wants to draw about 15% more inbound visitors from the United States, recognizing the market's significant potential contribution to the country's tourism sector recovery. The Philippine News Agency said the country welcomed 903,299 visitors from the US in 2023, generating US$605 million in tourism revenue, the highest among the country's top tourist markets. Despite fewer arrivals compared to other markets, tourists from the US tend to spend more and stay longer with the US being the top spending market last year, followed by Australia, South Korea, Canada, China, and Japan. The country's strategy to attract more US tourists, including forging partnerships, enhancing training for travel agents, participating in business-to-business travel events and organizing familiarization tours. They believe Millennials are showing interest in visiting the country and US tourists overall are interested in experiential travel, wellness tourism, workcation, premium travel, solo travel and adventure sports.
IHG Hotels & Resorts will open its first-ever managed luxury hotel in Brisbane following the signing of an agreement with Kokoda Prop