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COVID-19 webinar summary: 5 key points on APAC hotel performance, 18 June

RevPAR recovery

Because 2020 data is not a stable benchmark, we index RevPAR to 2019 for a more accurate recovery measurement. Year to date, RevPAR in Mainland China in May 2021 was at 80% of where it was in 2019. Australia & Oceania (69%) and the Middle East (67%) ranked second and third, respectively. When looking only at May, Mainland China hit the 100% mark.

China RevPAR

Recent COVID-19 outbreak in China

The recent outbreak of cases in China had immediate impact on hotel occupancy. Guangzhou, Shenzhen and the rest of Guangdong experienced declines in beginning in May.

Immediate impact

Japan RevPAR trends

While Japan saw RevPAR increase at the end of 2020 in conjunction with the Go To Travel campaign, a recent spike in cases has now caused RevPAR to slow again when indexed to 2019.

RevPAR retreat from gains

A light ahead for India

While business and leisure travel in India is currently at a standstill, COVID-19 cases are now declining. As a result, the famed Taj Mahal was recently able to reopen for tourists. When looking at May 2021 occupancy, the lows of several major markets were not as bad as May 2020.

Light ahead

Australia booking trends

As of 17 May, 2021, 50% of bookings in Australia were being made within 14 days of arrival. There is a desire to travel, but with fluctuating case counts and lockdowns, travelers are not planning very far ahead just yet.

50 percent of bookings

For more information on APAC performance, you can view the full webinar here.