Chinese tourists drive
hotel occupancy !-- -- Catherine Talavera (The Philippine Star) - August 12, 2019 - 12:00am MANILA, Philippines Hotel developers and operators are urged to capitalize on the influx of Chinese tourists in the country by monitoring new flight agreements between Philippine and Chinese airlines as well the use of mobile payment systems, a property services firm said.
In addition, the five-star
hotel occupancy rate increased to 53% during the same period last year, while-four- star hotels occupancy reached 46% compared to 42% during Q1 2018.
However,
hotel occupancy rates dropped by 2.3% to reach 67.1% at the end of April 2019 against 68.6% for the same period of 2018.
Egypt is witnessing a big increase in
hotel occupancy in coordination with the start of the African Cup of Nations (AFCON) hosted by Egypt in the governorates of Cairo, Alexandria, Suez, and Ismailia, with the participation of 24 teams, which will last until July 19 next.
The negatives were unemployment insurance claims (inverted), industrial electricity demand, light vehicle production, total state trade,
hotel occupancy and state sales tax revenues.
The purpose for the extension is to encourage citizens to engage in multi-day tours in Taiwan before the Chinese New Year and benefit the tourism industry in municipalities where
hotel occupancy rates are low, the agency added.
Figures in the key months of July and August were also poor and
hotel occupancy is down due to the missing Brits, the key market for the Costa Blanca.
According to Ataoglu, while in 2017
hotel occupancy reached 72 per cent for the summer months of June, July and August, the corresponding months in 2018 recorded only 63 per cent
hotel occupancy.
Summary: The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) announced that
hotel occupancy rates in Abu Dhabi averaged 81 per cent acr...
In the first two quarters of this year, Bloomberry's non-gaming revenues grew 9 percent to P1.72 billion driven mainly by higher frequency of productions in the Theatre at Solaire, the opening of more retail outlets at The Shoppes as well as improved
hotel occupancy in both the Bay and Sky Towers.
Hotel occupancy levels and rates continued to drop in Jeddah as the city recorded a mostly negative performance in March due to a spike in supply.