Travel demand fuels a boom in Asia Pacific — in hotel rates

Deutschland Nachrichten Nachrichten

Travel demand fuels a boom in Asia Pacific — in hotel rates
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Hotel rates in destinations that are popular with Chinese travelers are 45% higher, with rates going even higher in Singapore and parts of Thailand.

Hotel rates are at an "all-time high," Alan Watts, Hilton's Asia-Pacific president, told "Rates are being fueled by travel demand that is like "a feast … to offset the famine," he said, referencing the pandemic.

"The most significant increase was recorded in Bali, Bangkok, Phuket and Singapore, with Bangkok topping the charts at over 70% and Singapore coming in at over 40%," he said. According to the booking platform Kayak, hotel prices across the region have been trending upwards, yet some of the highest average hotel rates have already started to fall.

Price hikes are helping hotels recoup substantial losses from the past three years and have the potential to "drive further growth," said Traveloka's Chakraborty.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CNBC /  🏆 12. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Hotel rapes skyrocket as attackers get room keys from hotel staff: law firmHotel rapes skyrocket as attackers get room keys from hotel staff: law firmOne alleged unwanted entry was only foiled when a quick thinking woman slammed a door on an intruder’s hand – severing his finger clean off in the process.
Weiterlesen »

An Astrologer and Travel Agent Share Where To Travel This Year, According to Your Zodiac SignAn Astrologer and Travel Agent Share Where To Travel This Year, According to Your Zodiac SignThe zodiac can be a helpful travel guide. Here's where each sign should travel to this year, according to an astrologer and travel planner.
Weiterlesen »

Two displaced after fire scorches Lower Pacific Heights homeTwo displaced after fire scorches Lower Pacific Heights homeThe fire grew to a second-alarm blaze by Friday afternoon, and ground crews rescued a German Shepherd from inside the burning building.
Weiterlesen »

No injuries in Kansas train derailment, Union Pacific saysNo injuries in Kansas train derailment, Union Pacific saysA train with 18 cars filled with grain derailed just outside of Wellington, Kansas, on Saturday just after 5 p.m., Union Pacific confirmed in a statement to CBS News.
Weiterlesen »

‘Make Us Visible' aims to raise awareness about Asian-American, Native Hawaiian & Pacific Islanders‘Make Us Visible' aims to raise awareness about Asian-American, Native Hawaiian & Pacific IslandersHate crimes against Asian-Americans have been on the rise for nearly 10 years. Yet, the sharpest spike in hate crimes, per the DOJ, has been since the COVID-19 pandemic began. FOX13
Weiterlesen »



Render Time: 2025-03-01 06:41:10