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Covid-19 hammers India’s hotel sector

With the intensifying Covid-19 situation in India, with authorities in some cities tightening restrictions on movement and warning that the 21-day nationwide lockdown which...

China’s hotel industry sprouts green shoots

Mainland China's hotel industry is starting to bounce back from the scourge of the coronavirus, showing early signs of performance recovery that points towards...

Macau worst hit by Covid-19 among APAC hotels: STR

Hotels across the Asia-Pacific region have taken a severe dip in occupancy amid the Covid-19 outbreak, with Macau, Hong Kong and Taiwan the most...

Travel operators need to step up to push for sustainable change:...

Global travellers are becoming increasingly conscious of the environmental impact of their travels, but may not prioritise eco-friendly holidays or be aware of how...

Bushfires ravage NSW hotels: STR

Ongoing bushfires that have ravaged large parts of Australia have greatly affected Sydney Drive Regional, a submarket within a two-hour-drive radius of Greater Sydney,...

2020 bodes well for China’s hotel sector: STR

Key mainland China hotel markets are projected to report performance growth in 2020 despite a challenging macroeconomic environment, according to the latest forecast from...

Hotel data firm STR acquired for US$450 million

Commercial real estate information provider CoStar Group has entered into an agreement to acquire STR, one of the world's biggest hospitality data and intelligence...

Stark contrast in hotel performance for HK, Singapore in July 2019:...

It was a tale of highly contrasting results when it came to hotel performance for Hong Kong and Singapore in July 2019, STR's latest...

APAC hotels deliver weaker performance in Q2: STR

Hotels in the Asia-Pacific region reported negative results across the three key performance metrics during 2Q2019, new market data has shown. According to STR analysts...

Lower demand, higher supply challenge KL hotel sector in 2019

Early 2019 performance levels and profitability fundamentals are foreshadowing an unfavourable short- to mid-term for Kuala Lumpur’s hotel industry, according to data and analysis...

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