News Snapshot:
COVID-19 Webinar Summary: 5 Key Points on Asia Pacific Hotel Performance – STR October 7, 2020 5 key points on Asia Pacific hotel performance “Flattening the curve†Mainland China hotel performance is steaming, while occupancy in the Asia Pacific region (excluding Mainland China) presents low occupancy levels overall. U.S. occupancy has remained mostly flat in recent weeks even with a lift from post-natural disaster demand. Recovery in Europe, Australia and New Zealand is also flattening. Mainland China demand continues to grow Demand has been growing consistently over the months in Mainland China due to strong domestic demand and the new...
