Stanford Land Corporation

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.