In Asia Pacific, Hilton's RevPAR grew 7.9% versus 2019
In Asia Pacific, Hilton’s RevPAR grew 7.9% versus 2019 levels on top of a strong 2023, backed by steady growth in leisure and business demand
Source: traveldailymedia.com
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Hotel giants reveal their third-quarter performance, and the recovery signs are promising – Travel Weekly
Huntley Mitchell 10 Nov 2020 It’s been a difficult year so far for hotel companies, to say the least, but the key players are all witnessing green shoots in their recovery from the impacts of COVID-19. In the third quarter of this year, Marriott International saw its worldwide RevPAR drop 65.9 per cent, compared to the same period in 2019. However, CEO Arne Sorenson noted this figure was a nearly 19-percentage-point improvement from the decline in the second quarter. “Greater China continues to lead the recovery and demonstrates the re...
Source: travelweekly.com.au