Each week, STR analysts provide a deep-dive into China's hotel performance. Watch the latest video report.
Chinese hotel industry starts showing signs of recovery since RevPAR starts growing again according to STR. More specifically:
- RevPAR in China is starting to recover, with Midscale and Economy class hotels driving that recovery.
- RevPAR is expected to grow over the next week due to a variety of factors, such as general growth trends, easing of restrictions and the meeting of the Beijing National Congress.
- When looking at April performance, Sanya was the only market in China to post a positive year-over-year percentage change in ADR.
Watch the full video report with Jesper Palmqvist, Area Director Asia Pacific: