Markets & Performance Asia Pacific Press Releases - Hospitality Net

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April 20, 2020

Chinese travellers positive outbound travel sentiment set to drive return of Thailand’s position as a global tourism destination

A comprehensive new survey of consumers in China's first tier cities has concluded that 53% of respondents would like to travel overseas within 2020. Moreso, the most popular months for trips abroad for the remainder of the year are August, October and December. Thailand is one of the most impacted travel markets by Covid-19 in Asia. The country hosted 39.8 million international visitors last year with China accounting for nearly 11 million arrivals. The expanded Thai tourism, hotel and travel sector contributes between 12-15% of GDP to Southeast Asia's second largest economy. The newly released China Thailand Travel Sentiment Survey 2020, conducted in mid-April by C9 Hotelworks and Delivering Asia Communications, focused on key demand factors in the country's reopening of the tourism economy. A strong positive message from the research is that 71% of Chinese consumers said they would like to visit Thailand.

C9 Hotelworks Ltd.

April 17, 2020

Horwath HTL Sentiment Survey: Australian Hotel Industry and the impact of COVID-19

This sentiment survey was conducted by Horwath HTL Singapore, in partnership with AHS Advisory, to gauge the impact of the COVID-19 pandemic on hotels across Australia. Hotel owners and operators in Australia are currently looking at an empty horizon, uncertain when the first signs of a resumption of business and leisure travel will come into view.

April 9, 2020

STR: Preliminary March data for Sydney hotels

Reflecting the circumstances around the COVID-19 pandemic, STR's preliminary data for Sydney, Australia, shows significantly lower hotel performance across the three key performance metrics. Comparison with March 2019:

Sydney , Australia

April 6, 2020

Horwath HTL Sentiment Survey: China Hotel Market And The Impact Of COVID-19

Market sentiment in China has plummeted to a historically low score, with the degree of pessimism reflected across all regions in China.

April 6, 2020

Horwath HTL Sentiment Survey: Philippines Hotels & Resorts And The Impact Of COVID-19

This sentiment survey was conducted by Horwath HTL Singapore, in conjunction with Tajara Hospitality to gauge the impact of the COVID-19 pandemic on hotels and resorts across the Philippines. The survey received 72 responses (49 hotels and 23 resorts), representing 11,032 rooms.

April 6, 2020

Horwath HTL Sentiment Survey: India Hotel Market And The Impact Of COVID-19

Horwath HTL India has conducted a sentiment survey of the Indian hotel industry leaders and hotel managers to understand the depth of the impact of COVID-19 crisis, mitigating measures applied to limit the fallout and the areas requiring supportive measures. The assessment is provided in this sentiment survey report.

April 3, 2020

STR: India daily hotel occupancy drops to 11%

As COVID-19 concerns and restrictions have intensified in India, the country's daily hotel occupancy dropped to 11% during 23-29 March, according to preliminary data from STR. "India remained resilient in February—in comparison with other APAC markets that were more deeply affected—thanks largely to robust domestic demand coupled with the low number of COVID-19 cases in the country at that time," said Vidhi Godiawla, STR's business development manager for South and Central Asia. "The story was different in March, especially during the later portion of the month with year-over-year occupancy declines in excess of 80% for the last nine days we have processed. These declines are consistent with the significant measures taken by Prime Minister Modi to combat the spread of the virus, and the extent of these measures will determine the hotel performance impact in the short to medium term."

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April 2, 2020

STR: Mainland China hotel industry shows early signs of performance recovery

Mainland China's daily hotel occupancy reached an absolute level of 31.8% on 28 March, up from a low of 7.4% during the first week of February, according to preliminary data from STR. Additionally, opening rates have been significant in key markets across the region."We're seeing green shoots in hotel occupancy figures, but we must stress that these are only early signs of a recovery that is likely to develop slowly," said Christine Liu, STR's regional manager for North Asia. "Some of the demand stems from corporate travel, primarily within the same province, as well as small-scale meetings. Additionally, hotels are seeing business from those travelers quarantined after returning to China from other countries as well as those returning to cities for work. Overall, we're seeing limited leisure business in city centers but a bit more recovery in that segment in surrounding suburbs."

April 1, 2020

Horwath HTL Industry Report: Shanghai - Jinqiao and Zhangjiang Industrial Park Hotel Market

Shanghai Jinqiao Export Processing Zone is located at Pudong New District, Shanghai. Jinqiao used to be a state-level economic and technological development zone established at the beginning of Pudong New District's development in 1990, with a planned area of 27.38 square kilometers.

Shanghai, China

March 30, 2020

Horwath HTL Sentiment Survey: Hong Kong Hotel Market and the impact of COVID-19

This sentiment survey, conducted by Horwath HTL Hong Kong, was specially designed to examine the impact of the COVID-19 pandemic on the outlook for the Hong Kong hotel market. In addition, the overall Hong Kong hotel market performance in 2019 was included to review the impact of the social campaign to the industry.

Hong Kong (SAR)

March 26, 2020

Horwath HTL Sentiment Survey: Singapore Hotels and the impact of COVID-19

This sentiment survey was conducted by Horwath HTL Singapore, in conjunction with the SHA (Singapore Hotel Association) to gauge the initial impact of the COVID-19 pandemic.

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March 25, 2020

Horwath HTL Sentiment Survey: Indonesia Hotels & Restaurants and the influence of COVID-19

This sentiment survey was conducted by Horwath HTL Indonesia, in conjunction with the PHRI (Indonesian Hotel & Restaurant Association) to gauge the initial impact of the COVID-19 pandemic. The survey was open from 6 - 13 March, received an unprecedented 676 responses, with the following key takeaways:

March 17, 2020

STR: Melbourne hotel performance dips during COVID-19 outbreak

STR's preliminary data for Melbourne, Australia, shows lower hotel performance levels in February 2020 and the first week of March. February preliminary data:

Melbourne, Australia

March 9, 2020

Horwath HTL Industry Report: Bali Hotel and Branded Residences

2019 was business as usual (aka difficult) for hotels in Bali. There were no airport closures, nor earthquakes but the market was rocked by a big fall in Chinese arrivals and a duopoly of national airlines charging exorbitant airfares forcing domestic tourists to vacation abroad. All the work done = flat occupancy, flat rates and flat RevPAR across the market in 2019. Hotels in Jimbaran/Uluwatu & Ubud faired best, recording strong RevPAR growth together with luxury hotels which maintained RevPAR YOY.

Bali, Indonesia

March 6, 2020

New Research From IHCL Reveals How Women Travelers Are One Of The Fastest Growing Segments For The Industry And For IHCL Hotels

Nearly a quarter of India's women professionals (23%) travel at least once a month for business, compared to just 7% who travel solely for leisure with the same frequency, according to new research from Indian Hotels Company (IHCL)1.

March 2, 2020

China Hotel Market Sentiment Survey: The Influence Of Coronavirus

Market sentiment in China has plummeted to a historically low score, with the degree of pessimism reflected across all regions in China. The China Hotel Market Sentiment Survey is designed to provide the China hotel industry with a quick assessment of the future market prediction. We have conducted the sentiment survey regarding the influence of the coronavirus outbreak in order to assess its impact on the market.

February 17, 2020

China hotel performance recovered quickly following SARS

Amid the current outbreak of coronavirus (COVID-19), STR analyzed historical data for China and found that the country's hotel performance recovered quickly following the containment of SARS in 2003. Recovery around the current outbreak situation of 2020 could follow a similar timeline. "Significant market, economic and social changes over the past two decades render a direct comparison of coronavirus to SARS rather complex when it comes to hotel performance," said Jesper Palmqvist, STR's Area Director for the Asia Pacific region.

February 12, 2020

STR: Preliminary January Data For Sydney Hotels

STR's preliminary January 2020 data for hotels in Sydney, Australia, indicates lower performance. Based on daily data from the month, Sydney reported the following in year-over-year comparisons:

Sydney, Australia

February 4, 2020

Coronavirus: Preliminary hotel performance impact

Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus (2019-nCoV)."The Chinese New Year holiday week, extended by three days this year, normally sees a significant shift in travel patterns across the country with very specific hotel occupancy movements," said Jesper Palmqvist, STR's Area Director - Asia Pacific. "

January 31, 2020

Horwath HTL Industry Report: Bohol Resort Market

As tourism accounts for 90 percent of Bohol's industry, the critical question on the outlook of Bohol tourism is: “Amidst of rapid tourism growth, will Bohol be able to manage the dichotomy of sustainable tourism to maintain its positioning as a première ecotourism destination whilst being cautious of the environment degradation resulting from construction and tourist influx?”

Bohol, Philippines