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A look at Mainland China’s hotel performance during the May Day period
22 May 2024
The hotel occupancy rate index in Mainland China during this year's holiday was not as impactful compared to both 2019 and 2023.
Tags
Asia Pacific
Industry Updates
A deep dive into Japan’s hotel ADR growth trends
14 May 2024
While initial spikes in Japan's hotel room rate growth coincided with true pandemic recovery, the lift has largely been impacted by the depreciating yen for the last year or so.
Tags
Asia Pacific
Industry Updates
How Taylor Swift’s Eras Tour allowed Asia Pacific hotels to achieve their “wildest dreams”
20 March 2024
Taylor Swift kicked off the second international leg of her wildly successful Eras Tour in early February, and Asia Pacific hoteliers were, in fact, “ready for it”. The seventeen-night leg gave a much-needed performance boost to Tokyo, Sydney, Melbourne, and Singapore hotels.
Tags
Asia Pacific
Europe
Industry Updates
Forward Data
Regional update: 2023 data and the year ahead
8 March 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
Tags
Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe
APAC hotel recovery now on par with the rest of the world
1 November 2023
While other parts of the world began their post-pandemic recovery earlier than Asia Pacific, recent data suggests that the region is accelerating its recovery process and could potentially reach levels seen in Europe and America.
Tags
Asia Pacific
Hotels
Recovery
Forecast
China hotel performance jumped during eight-day-long Golden Week
19 October 2023
A later Mid-Autumn Festival created a longer holiday period than last year, combining with National Day festivities to provide impressive improvement in China’s hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates
Japan hotel performance recovery accelerated during summer months
11 October 2023
Helped by peak holiday season and the return of international travelers, Japan’s hotel industry experienced a successful summer period, pushing the country's post-pandemic recovery to higher levels.
Tags
Industry Updates
Hotels
Asia Pacific
Women’s World Cup drives RevPAR premiums in Australia and New Zealand during quiet winter season
15 August 2023
Record-breaking attendance at the FIFA Women's World Cup 2023 has given hotels around Australia and New Zealand host cities a much-needed boost during a normally slower winter season.
Tags
Events
Asia Pacific
Forward Data
Industry Updates
Taylor Swift, Coldplay and the Rotary Convention: Singapore hotel bookings jump for eventful first half of 2024
27 July 2023
2024 bookings are on the rise in Singapore. Three events are the focus in this latest piece utilizing Forward STAR data.
Tags
Forward Data
Events
Asia Pacific
Industry Updates
Hotels
Successful May Day another sign of China’s hotel performance recovery
15 May 2023
Mainland China occupancy peaked at 90.9% and ADR at CNY865. A successful May Day holiday period is further indication that China's hotel performance is trending well toward full recovery.
Tags
Asia Pacific
Industry Updates
Recovery
Hotel performance recovery in China: A temporary setback due to Qing Ming
12 April 2023
Although Qing Ming (aka, Tomb-Sweeping Day) halted growth recovery during the first week of April, China's hotels had a strong Q1 and are expected to strengthen even more during the rest of April and throughout this year.
Tags
Asia Pacific
Recovery
Industry Updates
Hotels in Southeast Asia seeing the return of MICE business and major leisure events
10 April 2023
Southeast Asia’s hotel industry has seen highs and lows over the past 12 months, but as the year progressed and restrictions eased, the demand for travel began to steadily climb with much of the recent demand in Southeast Asia linked to MICE travel and events.
Tags
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data
Japan hotel performance beginning to blossom
3 April 2023
In Japan, the cherry blossom is in full bloom. Known as Sakura, these trees also provide the perfect metaphor for the country’s hotel industry, which is beginning to show reasons for optimism after a later reopening than many parts of the world.
Tags
Asia Pacific
Tourism
Industry Updates
Forecast
Cautious optimism in India’s hotel performance recovery
21 February 2023
India’s hotel industry turned in a stellar 2022 with RevPAR 100% recovered to pre-pandemic levels – but is this recovery sustainable? This latest blog dives into the country’s performance, data-driven themes and occupancy on the books for key market.
Tags
Asia Pacific
Industry Updates
Recovery
Forward Data
Forecast
China hotels benefit from first restriction-free Lunar New Year in three years, more success on the way for APAC
10 February 2023
China announced the easing of most of its COVID restrictions in December 2022, which meant that January 2023 would feature the country's first Lunar New Year holiday without a lockdown since 2019.
Tags
Asia Pacific
Industry Updates
Recovery
Events
Sun is still shining on Australia’s hotel industry
10 February 2023
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.
Tags
Industry Updates
Asia Pacific
Historical Data
Restrictions, lack of inbound travel have limited Southeast Asia’s hotel performance
1 February 2023
Southeast Asia sits at the lower end of recovery compared to other STR-defined subcontinents, exceeding only the gains of Northeastern Asia in terms of occupancy and average daily rate (ADR ) in 2022.
Tags
Asia Pacific
Hotels
Industry Updates
Benchmarking
Recovery
Hotel performance strengthens further for most countries outside of Asia
29 November 2022
A new edition of STR’s global bubble charts show strong performance across the world with most countries outside of Asia recording growth in RevPAR.
Tags
Asia Pacific
Hotels
Benchmarking
Historical Data
India update: Societal change provides hoteliers with plenty of optimism and opportunity
10 October 2022
After attending the Hotel Association of India (HAI) Hoteliers’ Conclave, our Jesper Palmqvist had a lot of thoughts on the India hospitality industry and how societal change is providing plenty of opportunity and reasons for optimism.
Tags
Asia Pacific
Hotels
Industry Updates
India hotel performance continues to eclipse pre-pandemic levels
17 May 2022
April seemed to be a turning point in India’s hotel performance recovery. Leisure markets continue to lead that recovery, but business travel is also back, and forward bookings appear healthy for the remainder of May with most pickup remaining short-term.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data
Beijing hotel performance expectations as Lunar New Year and Olympics intersect with the pandemic
26 January 2022
Lunar New Year, the Winter Olympics and the pandemic all meet in Beijing this February. What are the expectations for hotel performance as these demand influencers intersect? Find out here.
Tags
Asia Pacific
Hotels
Industry Updates
Benchmarking
Forecast
Review of Shenzhen Hotel Data Information Seminar
21 December 2021
On 25 November 2021, STR held the Shenzhen Hotel Data Information Seminar. STR’s North Asia Business Development Manager, Wanqing Yang, presented on the topic of "Shenzhen Hotel Performance Observations” with analysis of the latest developments in the market.
Tags
Industry Updates
Hotels
Historical Data
Asia Pacific
As lockdowns end, hotel bookings surge in Australia’s Gold Coast
17 December 2021
As Australia enters the summer months and restrictions ease, positive trends are already developing for hoteliers. And while an uplift in demand can be observed across many of Australia’s key markets, it is the Gold Coast that is leading charge in forward bookings.
Tags
Industry Updates
Hotels
Historical Data
Forward Data
Asia Pacific
Golden Week Impact
1 November 2021
Did the Mid-Autumn Festival and the National Day stimulate a performance jump for Mainland China’s hotel market? Or did sporadic COVID-19 cases and pandemic prevention measures limit gains? Find out more in this deep dive.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
AFL and NRL Grand Final impacts differ for Perth and Brisbane hotels
11 October 2021
Perth realized its strongest RevPAR in five years during the AFL Grand Final, while performance during the NRL Grand Final in Brisbane was a bit more held back by COVID-19 restrictions. Read more here.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Restrictions limit Queensland’s hotel performance during school holiday periods
5 October 2021
Restrictions around Australia are restricting hotel performance in Queensland, even during usually popular school holiday periods. Check out this quick analysis of occupancy on the books for the Sept/Oct school break.
Tags
Asia Pacific
Industry Updates
Hotels
Forward Data
Indonesia(ns) on the move again
13 September 2021
While vaccination rates grow rapidly, case numbers fall, and hospital beds are more available, Indonesians are once again hitting the road and creating hotel demand around the country.
Tags
Asia Pacific
Hotels
Benchmarking
Industry Updates
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 26 August
3 September 2021
On 26 August, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
India’s different, second recovery
30 August 2021
India’s progressive approach to vaccinations has led to an increase in travelers and hotel demand, especially in the leisure segment. Beyond the noticeable improvement, however, the country is showing a different trend in which markets are regaining occupancy.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
A quick overview of China’s July hotel performance
19 August 2021
With the help of summer vacation, Mainland China’s overall hotel occupancy rate showed a good upward trend in July, with the second and third week of the month reaching 2019 levels.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Asia Pacific: Hotel performance ups and downs
16 August 2021
The Asia Pacific region has seen increasing challenges through the first seven months of 2021, with situation varying greatly by country.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
China Hotel Performance Update
10 August 2021
All key markets in China showed June 2021 increases in hotel occupancy and average daily rate (ADR) compared to the same period last year, except for Guangzhou and Shenzhen.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Chengdu hotel market performance recovery
3 August 2021
In 2020, Chengdu's hospitality industry accounted for 65.7% of GDP, contributing 52.2% to the city's economic growth and significantly increasing its contribution to the development of energy levels and economies.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Roundtable Discussion | Challenges and Opportunities of Mainland China’s Economy in Summer
3 August 2021
On 2 July 2021, STR held the second Chinese webinar in 2021. This transcript was initially in Chinese and translated into English.
Tags
Asia Pacific
Hotels
Industry Updates
Webinar
The time between lockdown periods showed recovery potential for Victorian hotels
2 August 2021
That was the amount of time from the end of Victoria’s third lockdown to the beginning of the fourth. During this period, Victoria’s overall accommodation performance saw its greatest shift since pre-pandemic days, with growth largely driven by regional markets.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
Benchmarking
Hotel performance recovery in China isn’t just faster, it’s different
12 July 2021
Mainland China’s hotel performance recovery hasn’t just been faster, it’s been different: business travel has returned, all hotel classes are recovering well, and pricing confidence came back as quickly as occupancy.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Australia’s latest COVID-19 lockdowns take their toll on hotel bookings
9 July 2021
Amid recent COVID-19 outbreaks and lockdowns, however, key markets in Australia are showing noticeably lower levels of occupancy on the books for the coming weeks.
Tags
Hotels
Asia Pacific
Forward Data
Industry Updates
Taiwan hotel performance update
21 June 2021
Taiwan is far behind in the recovery process due to a slow vaccination rate and the emergence of new virus variants amid reopening.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Video: India hotel performance and factors that will help shape the upcycle
3 June 2021
India hotel performance and factors that will help shape the upcycle
Tags
Video
Asia Pacific
Industry Updates
Hotels
Labor Day Holiday Impact in China
26 May 2021
China’s Labor Day holiday stimulated travel demand and provided a noticeable boost to hotel performance. Thanks to an additional day during the holiday period, the rise in performance pushed levels beyond another recent holiday and even some 2019 comparables.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
How long will Thailand’s occupancy declines persist?
18 May 2021
Occupancy in Thai markets like Bangkok fell after Songkran. How long will those declines persist? The answer can be found in Forward STAR.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data
Singapore Q1 2021 hotel performance update
11 May 2021
Singapore hotels posted higher Saturday hotel rates in March—at levels not seen since December 2020. Moving forward, we expect ADR to continue a slow climb, as more high-end hotels have stopped taking quarantine guests at low rates and allotment of 100% occupancy.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Songkran brings temporary joy to hotels and travelers
3 May 2021
One of Thailand’s most important celebrations each year, Songkran provided a modest impact on hotel performance during the festive period in 2021.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forecast: How quickly will Mumbai get back on the recovery track?
20 April 2021
After an auspicious start to its performance recovery, Mumbai’s hotel industry appeared ready to continue setting the trend for urban markets in 2021. However, a second wave of COVID-19 cases has called a temporary halt to the market’s success.
Tags
Asia Pacific
Hotels
Industry Updates
Forecast
2021 Chinese New Year impact
19 April 2021
One of the largest global celebrations each year is, undoubtably, Chinese New Year. Although the celebration this year (11-17 February 2021) felt different for the country, there was a noticeable impact around hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Majority of India hotel markets remain in Recession territory
5 April 2021
India hotels achieved a 50% occupancy level in February, which was the first time the country eclipsed that monthly mark since the start of the pandemic.
Tags
Asia Pacific
Hotels
Recovery
Industry Updates
Benchmarking
Bali trailing other Indonesian markets in hotel performance recovery
29 March 2021
Indonesia finished 2020 in similar shape as its regional peers. Domestic demand was strong enough to lift hotel occupancy from pandemic low points but not sufficient to overcome the void in international travel. The impact from lost international demand is most obvious in Bali.
Tags
Asia Pacific
Hotels
Historical Data
Recovery
America's Cup lifts Auckland occupancy to 2021 high
29 March 2021
The 36th America’s cup, originally scheduled to start on 6 March 2021, was delayed a few days because of lockdown in measures in Auckland. Fortunately for hoteliers, a lift in demand was right on time and helped push the market’s daily occupancy to its highest level for this early portion of 2021.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Sanya surpasses other APAC 'resort' destinations during holiday periods
22 March 2021
Closed borders continue to limit the recovery ability of many destinations in the Asia Pacific region. However, Sanya, the southernmost city on China’s Hainan Island, continues to stand out thanks to high levels of domestic tourism.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 29 January
3 February 2021
On 29 January, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Industry Updates
Hotels
Benchmarking
Maldives hotel performance rebounds during festive period
27 January 2021
For a country whose economy is driven by tourism, a setback was imminent for the Maldives when considering the global pandemic.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
A vaccine-dependent Thailand—will domestic demand hold hotel performance steady?
6 January 2021
Thailand’s Prime Minister announced that the country would only open to substantial tourism once a vaccine was approved, produced and implemented. Now being a vaccine-dependent country, Thailand will rely heavily on domestic demand in the meantime. So where does that leave hotel performance?
Tags
Asia Pacific
Hotels
Tourism
Industry Updates
Benchmarking
Historical Data
Demand may be moving markets during Australia’s summer season
31 December 2020
Australia has been much more successful than most countries when it comes to COVID-19 case mitigation. As a result, the country has been able to operate with a greater sense of normalcy.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 17 December
22 December 2020
On 17 December, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Webinar
Benchmarking
Hotels
How did crises of the last two decades impact APAC hotel profitability?
7 December 2020
While COVID-19 has presented unprecedented challenges for the global hotel industry, looking back at past situations shows the industry’s ability to recover. STR’s research revolved around seven major countries in the region: Australia, China, Indonesia, Japan, Malaysia, Singapore and Thailand.
Tags
Asia Pacific
Profit and Loss
Hotels
Educational
Go Goa Gone!
3 December 2020
Goa, a market that took some time to initially bounce back, has been building momentum since October with outperforming other leisure markets in the country and demand peaking during the Diwali weekend.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Asia Pacific recovery depends on domestic travel…or suitable substitutes
30 November 2020
Recovery in the Asia Pacific region demonstrates the importance of domestic travel, as a country’s historic reliance on domestic demand directly impacts its hotel performance today.
Tags
Asia Pacific
Industry Updates
Historical Data
Hotels
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 13 November
18 November 2020
On 13 November, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Hotels
Benchmarking
The Indian Ocean: two-speed road to performance recovery
9 November 2020
The two island countries in the Indian Ocean– the Maldives and Sri Lanka—have witnessed contrasting patterns in hotel performance as a result of the COVID-19 pandemic.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Performance update on Malaysia, Indonesia and the Philippines
6 November 2020
Popular Southeast Asian destinations have a long way to go in recovery from the global pandemic. For now, Malaysia, Indonesia and the Philippines are showing a similar trend to most of the world with regional markets outperforming the large cities.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 30 October
4 November 2020
On 30 October, we analyzed hotel performance in the Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Hotels
Benchmarking
Japan regional markets: recovery leaders
27 October 2020
As entry restrictions for international travelers in Japan remain in place, new trends in hotel performance have emerged. Recent data suggests a distinct preference for regional destinations, helped in part by the Japanese government’s “Go to Travel” campaign.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Pacific countries: From the highs to the lows, where does performance stand now?
27 October 2020
Where exactly do Pacific countries stand now? We look at how performance has changed over the course of the pandemic.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Vietnam's pandemic mitigation efforts stall recovery and impact pipeline development
21 October 2020
Vietnam’s pandemic mitigation efforts have come with slow occupancy recovery and affected what was a development hot spot.
Tags
Asia Pacific
Industry Updates
Hotels
Supply and Development
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 2 October
7 October 2020
On 2 October, we analyzed hotel performance in Asia Pacific, specifically Southeast Asia amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Hotels
Benchmarking
A deep dive into Japan’s road to recovery
29 September 2020
While many nations have lifted COVID-19-related limits on travelers, entry restrictions for international travelers in Japan remain in place. However, the Japanese government has launched a “Go to Travel” campaign to promote domestic travel and help boost local businesses.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Thailand: Where does recovery stand?
17 September 2020
Thailand, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. But while hotel occupancy improves in the market, levels remain well below pre-pandemic levels with full recovery not expected for years.
Tags
Hotels
Industry Updates
Asia Pacific
Historical Data
New Zealand: one of the early success stories of recovery around the world
17 September 2020
Asia Pacific countries have been no exception to the unprecedented performance declines, but some of the region’s nations stand out in the earliest phases of industry recovery. New Zealand is one of them.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
Historical Data
Video: India hotel performance update
28 July 2020
A look at COVID-19's impact on India's hotel performance.
Tags
Asia Pacific
Video
Benchmarking
Industry Updates
Hotels
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 17 July
21 July 2020
On 17 July, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Asia Pacific
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 19 June
19 June 2020
On 19 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Asia Pacific
Industry Updates
Historical Data
Forward Data
Video: 8 min weekly update on China hotel performance - 11 June (Chinese)
11 June 2020
8 min weekly update on China hotel performance - 11 June (Chinese)
Tags
Asia Pacific
Industry Updates
Video
Benchmarking
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 28 May
29 May 2020
On 28 May, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Industry Updates
Webinar
Benchmarking
Forward Data
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 15 May
18 May 2020
On 15 May, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Asia Pacific
Forward Data
Historical Data
Industry Updates
COVID-19 webinar summary: 5 key points on ASEAN, 16 April
17 April 2020
On 16 April, we analyzed hotel performance in the ASEAN region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Japan, 10 April
14 April 2020
How has COVID-19 affected Japan hotel performance? We've analyzed the impact here, including the Tokyo Olympics.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on our Central and South Asia webinar, 9 April
9 April 2020
We analyzed hotel performance in Central and South Asia, with a focus on the Maldives, Sri Lanka and India, and have summarized the webinar's key points here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on China (1 April)
2 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 1 April China webinar.
Tags
Historical Data
Forward Data
Hotels
Industry Updates
Asia Pacific
COVID-19: India hotel performance impact
1 April 2020
Learn how the impact of COVID-19 intensified for India's hoteliers as March progressed. Read our full analysis here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 27 March
30 March 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 27 March Pacific webinar.
Tags
Asia Pacific
Historical Data
Forward Data
Hotels
Industry Updates
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