Asia-Pacific
China's YoY RevPAR Growth Nearly Doubles
STR reported China hotel RevPAR was up 99% year over year for the week ended May 13 .
According to Lodging Econometrics’ latest China Construction Pipeline Trend Report , China’s total hotel construction pipeline stand sat at 3,659 projects/680,959 rooms at the end of Q1 2023.
Macau visitor arrivals rose 16.2% in April from March, up 275% year over year, to 2,274,050.