Asia-Pacific

Asia-Pacific

Marriott’s India RevPAR at 120% of 2019

China hotel RevPAR rose 62.1% year over year, up against a 14% comp. Fiji ’s Deputy Prime Minister and Minister of Tourism announced they have recovered 71% of their tourist numbers since the reopening of their borders. Low-cost Singapore-based airline Scoot has outlined plans to triple the number of weekly flights to and from China by April.
Asia-Pacific

Chinese Outbound Travel Continues to Expand

Singapore has urged Chinese authorities to restore flight capacity between the two nations to pre-Covid levels as soon as possible in a bid to improve business and tourism ties. South Korea will increase the number of flights into the country from China to 80 from 62 per week by the end of this month. European Union countries have agreed to phase out pre-departure Covid testing for travelers from China by the end of the month.
Asia-Pacific

WTTC Calls Out 5 APAC Cities for Post-Covid Rebound Success

The World Travel & Tourism Council reported positive signs of recovery for the Asian travel and tourism sector with five major metropolises seeing a significant economic rebound . Macau visitor arrivals in January doubled year on year, reaching nearly 1.4 million, but a hospitality and tourism management professional has warned Macau will only see half of the yearly pre-pandemic visitors this year . Accor announced plans to open a Mercure property in Tokyo, Japan. Mercure Tokyo Hibiya will be housed within the existing Uchisaiwaicho Heiwa Building, close to JR Shimbashi and Uchisaiwaicho stations .
Asia-Pacific

Philippines Hotels Topped Pre-Pandemic Occupancy Rates in January

The Philippines Hotel Sales and Marketing Association said hotels in the country remain optimistic of the industry’s performance this year as the average occupancy has already surpassed pre-pandemic levels. Marriott International is planning 14 new luxury properties opening in the Asia Pacific region this year. IHG Hotels & Resorts announced the signing of voco Bangkok Surawong with Tawanna Property Company Limited, a real estate investor and developer in Thailand .
Asia-Pacific

Macau Tops Forbes Travel Guide’s Five-Star List

When going up against the same week in 2019, pre-pandemic, China’s RevPAR last week was up 1.3% despite tough Chinese New Year comps due to the timing of the holiday. The average occupancy rate of hotels in Taiwan was 48.06% last year, the fourth lowest in history, but the average room price per night rose to NT$4,195 (US$138), which is a record high. After four years of London being on top as the five-star hotel capital of the world, they have lost that title to Macau, China .
Asia-Pacific

Relaxed Covid Restrictions Buoy Singapore, Taiwan and Australia

Singapore signaled an end to the Covid-19 era restrictions , removing nearly all remaining mask rules as well as all border restrictions for arrivals who are not fully vaccinated. All travel restrictions for residents of Hong Kong and Macau wishing to go to Taiwan will be lifted on February 20, three years after they were imposed. STR said Australia’s hotel performance turned a massive corner during the first half of 2022 as the Omicron wave subsided and governments relaxed travel restrictions around the country.
Asia-Pacific

China’s Average ADR Surpassed 2019 Levels During Lunar New Year

STR said during the seven-day Lunar New Year holiday period, China’s hotel average daily rate surpassed 2019 levels . In the recently released China Construction Pipeline Trend Report from Lodging Econometrics , analysts report the country’s total hotel construction pipeline, at the close of the fourth quarter, stands at 3,581 projects/675,074 rooms. Morgan Stanley said Macau’s hotel occupancy and daily room rates are showing unprecedented strength in the post-Chinese New Year period with at least two hotels fully booked through February and many others close to capacity.
Asia-Pacific

APAC Hotel Construction Pipeline at End of Q4

According to  Lodging Econometrics’ Q4 Construction Pipeline Trend Report for the Asia Pacific region ,  excluding China , the region’s total construction pipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms YOY. South Korea’s government will remove its entry restrictions for short-term travelers from China . Singapore property tycoon Koh Wee Meng , via his entity JK Global Wealth , made an offer of 12 cents a share for the rest of developer Global Dragon .
Asia-Pacific

IHG Is Growing in Greater China

STR reported China hotel RevPAR data for the week ended February 4th. China hotel RevPAR was up 35.6% year over year, despite a tough comp on Chinese New Year timing. InterContinental Hotels Group announced the recent signings of Crowne Plaza Shanghai Snow World and Shanghai Snow World Hotel, Vignette Collection . This is the first Vignette Collection hotel in Greater China. Macau’s Court of First Instance has officially declared the failed luxury hotel, THE 13 , as bankrupt.
Asia-Pacific

Macau Will Pay Some Regional Tourists to Visit

Marriott International announced it signed an agreement with China Central Place, Suzhou to bring the Ritz-Carlton and Marriott Executive Apartments brands to Suzhou. Following in the footsteps of Hong Kong, Macau said they may start paying people to come to visit. Macau’s latest ploy to attract new visitors is an incentive scheme for foreigners that would mimic the promotional arrangement afforded to mainlanders. TIAD is a luxury hotel currently under construction and scheduled to open July 1 in central Nagoya in Japan . They formed a partnership with Marriott International.