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.
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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.
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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