“Unlike the declines we’ve seen in the U.S. after Labor Day or Europe after the summer holidays, Asia-Pacific markets have continued seeing tourism growth,” said Jesper Palmqvist, STR’s Area Director – APAC. “For instance, in September, 70% or better occupancy levels were registered in key China markets such as Sanya, Shenzhen, Chengdu, and Xian. What is more noteworthy is that these markets are showing year-over-year growth in the metric, which is not common for most of the world right now due to the problems associated with the COVID-19 pandemic”.
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