Tag: STR
SHATEC conference tracks environmental sustainability progress in Singapore
SHATEC – The International Hotel & Tourism School (Singapore) placed environmental sustainability at the core of its one-day Hospitality Conference 2023 on Friday, with industry leaders and subject matter experts brought in to discuss achievements, challenges and learning points in sustainability management.
Profitability in APAC hotel markets well below pre-pandemic levels
The hotel industries in seven key Asia-Pacific markets reported profitability levels well below pre-pandemic levels, with only Beijing above 40 per cent of the...
India’s hotel industry on the mend
After a rapid decline due to a second Covid-19 wave, India’s hotel industry has seen a continued increase in occupancy due to the progressive...
Australia hotels bear brunt of Covid-19 lockdowns
After being one of the highest-performing countries during the early portion of 2021, Australia’s hotel occupancy has been on a rapid decline amid the...
Australia’s lockdowns curtail hotel bookings
Key markets across Australia have recorded noticeably lower levels of occupancy on the books for the coming weeks due to recent Covid-19 outbreaks and...
Mumbai’s rapid hotel recovery faces headwinds
Hotels in India's commercial capital of Mumbai, which has witnessed a rapid rebound post-Covid on the back of domestic demand, is projected to return...
Bali trailing other Indonesian markets in hotel performance recovery
As Indonesia moves through the early part of 2021, the impact from lost international demand on hotel occupancy levels is most obvious in Bali,...
APAC shows continued hotel performance recovery: STR
The Asia-Pacific hotel industry has reported continued performance improvement from Covid-19 low points thanks to strong domestic demand and holidays, according to a performance...
Australia’s regional hotel markets outperform capital cities
Australia’s short-term hotel performance will remain similar to recent months, with regional areas outperforming capital cities over the next three months, according to STR’s...
Travel lull key time for Mekong suppliers to adjust to new...
Mekong travel suppliers should leverage the current travel hiatus from prolonged border closings to adjust to the new playing field and make crucial updates...
