Star Entertainment

Asia-Pacific

Hong Kong Sees 1 Million Visitors for First Time Since 2019

The Hong Kong Tourism Board announced Hong Kong saw a provisional visitor arrival of 1.462 million in February, three times what arrived in January. Indian Hotels Company announced the opening of Ginger Chennai, OMR in Tamil Nadu in India. The World Trade Center Association and the Merlin Group have partnered to develop a World Trade Center in the Nabadiganta Industrial Township Authority area, Salt Lake, West Bengal.
Asia-Pacific

Thailand, Indonesia and Malaysia Ramp Up Medical Tourism

STR reported China hotel RevPAR the week ended October 29 was down -17.1% year over year. When up against the similar week in 2019, hotel RevPAR fell -44.8%. The South China Morning Post published an article on medical tourism being ramped up in Asia. The article focused on Thailand, Indonesia and Malaysia  courting medical tourists. Bali is seeking to attract world-class hospitals to the tropical island, adding medical treatment to its roster of offerings.
Asia-Pacific

Macau's Occupancy Rate Continues to Fall

The average occupancy rate of Macau’s hotels and guesthouses fell by -6.3 percentage points year over year in June to a very weak 39.1%. Ascott Residence Trust is proposing to acquire nine quality serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The Ascott Limited. Accor , Ennismore , and Funyard shared the early progress of their recently announced strategic partnership to develop the international lifestyle brand, JO&JOE, across China.