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Asia-Pacific
China’s Zero-Covid Policy Shows Cracks at Beijing Airport
Beijing’s International Airport and Daxing Airport have dropped the requirement for a negative Covid-19 test result to enter their terminals. Hotels on the Indonesian holiday island of Bali are booked solid for the Christmas and New Year period . The Kyushu Tourism Organization in Japan sent us a press release on their expected new resorts and hotels opening in 2023. -
Asia-Pacific
Macau’s October Hotel Occupancy Underwhelms
STR reported China hotel RevPAR for the week ended November 26 was up 2.2% year over year. Macau hotels’ had average occupancy in October of 41.8%, up 4.2 percentage points from September. Accor announced details on some of its newest properties across Australia and New Zealand that will be opening in 2023. -
Asia-Pacific
Pan Pacific Hotels to Double Serviced Suites Portfolio
Pan Pacific Hotels Group announced it will double its serviced suites portfolio in 2023. Mandarin Oriental Hotel Group announced it will manage a new resort with branded residences in Phu Yen province, one of Vietnam’s coastal regions. InterContinental Khao Yai Resort in Thailand has unveiled 19 Suites and Villas, housed within repurposed heritage railcars marking the final phase of its opening journey. -
Asia-Pacific
India Hotels Projected to See 23% Growth Over Pre-Pandemic Levels
STR reported China hotel RevPAR for the week ended 11/19. RevPAR was up 9.8% year over year in China while down -37.6% versus the same week in 2019. CapitaLand’s Ascott Limited unveiled its refreshed Somerset brand. This is the second largest brand in Ascott’s Global Portfolio. Crisil Ratings said the Indian hotel industry is likely to witness 23% growth in revenue this fiscal over the pre-pandemic level, driven by a strong recovery in business travel and continued traction in leisure travel. -
Asia-Pacific
Asia-Pacific Construction Pipeline at Close of Q3
The supposed reopening trade for China stocks hit a speed bump as the realization set in with investors that Covid cases are not going down, in fact they continue to go up. ONYX Hospitality Group said they reinforced their expansion plan with a strategic focus on its home territory of Thailand and neighboring destination, Malaysia . According to the recent Q3 2022 close of the Construction Pipeline Trend Report , Asia Pacific’s total construction pipeline, excluding China, stands at 1,881 projects. -
Asia-Pacific
Singapore Expects to Recover 80% of Pre-Covid Visitors
Singapore’s Minister of State for Trade and Industry, and Culture, Community and Youth said Singapore’s visitor tally this year should be on the higher end of their 4 million to 6 million projection from July. According to September 2022 data from STR , Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the third quarter. JLL Hotels & Hospitality Group’s Hotel Investment Highlights Asia Pacific 2H22 said a combination of pent-up demand, a resurgence of cross-border transactions, and a buoyant travel industry will lift Asia Pacific hotel investment to over US$10.7 billion in 2022. -
Asia-Pacific
China RevPAR Improves YoY But Falls Short of 2019
STR reported China lodging data for the week ended 9/24. Hotel RevPAR was up 5.1% year over year. When compared with the same week in 2019, RevPAR was down -21.5%. The St. Regis Jakarta is set to debut on November 10, 2022, within Jakarta, Indonesia’s Golden Triangle District. Club Med said their three Japan properties are ready to welcome back guests. That includes the brand new Club Med Kiroro Peak, opening in December 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. -
Asia-Pacific
Singapore’s Changi Remains the Busiest in Asia
China reported 2,312 new Covid infections nationwide today , the first time in more than three months that cases topped 2,000 for three consecutive days. Singapore’s Changi Airport emerged as the busiest airport in Asia in the three months to June 30, 2022, recording more than double the number of passenger movements than its nearest rival. The newly built 229 keys midscale Mercure Kuala Lumpur Glenmarie managed by Accor has officially opened in Shah Alam, Selangor in Malaysia. -
Asia-Pacific
Hong Kong Will Ease Quarantine on International Arrivals
Hong Kong announced plans to further ease its arrivals quarantine requirements . More than 50 luxury hotels are set to open in Jakarta and Bangkok within the next five years , highlighting the expectations of a strong economic recovery. Accor is teaming up with PT. Mega Hotel Lestari in introducing the first ibis Styles in Semarang in Indonesia .