China's Room Rates Fall Despite Occupancy Gains
Skift Take
China rates soften while demand rises. Hotel groups expand across Asia-Pacific with new properties in India, China, Australia and Fiji amid mixed tourism trends.
STR reported China hotel data for the week ending April 5th. China hotel RevPAR was down 4.3% year-over-year for the week, compared with a decline of 2.8% year-over-year in RevPAR in the year-ago week. In other words, it's getting worse. ADR fell 7.9%, completely offsetting the 3.9% gain in occupancy.
Leechiu Property Consultants is predicting the Philippines will have continued softness in inbound tourism from its top source market, South Korea, all through 2025. The consultant warned that the weakening Korean won will continue to pressure Philippines arrivals from Korea. They are expecting overall Philippines visitor arrivals to remain around six million, well below the analyst forecasts of up to eight million. The number of visitor arrivals to the Philippines fell by 0.51% in the first three months of 2025, with South Korea and China showing the main declines. Arrivals from South Korea fell by 13.9% to 395,059 from the same period in 20
