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Asia-Pacific
More Covid Restrictions Fall Across Asia
Covid restrictions continue to fall like dominoes . Hong Kong came through with their plan to end their hotel quarantine policy, putting it into effect before October Golden Week, beginning today. Macau’s hotel occupancy rate fell to just 33.3% in August, down -1.1 percentage points year over year. DBS said Singapore’s hospitality industry is on track for a “spectacular” second half of 2022. -
Asia-Pacific
Marriott Plans Luxury Expansion Across APAC
Marriott International announced it expects to open 14 additional luxury properties in Asia Pacific by the end of 2023 . Marriott currently operates 156 luxury properties in the region. Construction of the long-awaited resort at Kalgoorlie Golf Course in the city of Kalgoorlie-Boulder in Australia has finally begun. PT Platnet Properindo Jaya Tbk will initiate the operation of Citi Hub Hotel, Kelapa Gading in Indonesia in 2023.