Press Releases

STR Weekly Insights: 31 August – 6 September 2025

U.S. revenue per available room (RevPAR) dropped 0.7% in the week ending 6 September 2025. This was the measure’s 19th weekly drop this year and 12th in the past 16 weeks. Like what we have seen with most of the declines, falling occupancy drove the RevPAR retreat. However, average daily rate (ADR) at -0.2% also contributed to this week’s decrease.

Banyan Group Marks 20 Years in China ahead of Its 100th Global Property

Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58), an independent global hospitality company, celebrates its 20th Anniversary in China with an immersive journey through Yunnan Province’s Ringha in Shangri-la and Lijiang — the Group’s first destinations in the country. The anniversary comes as the Group prepares for the Grand Opening of its 100th global property in November.