Cambodia Is Recovering, But Still Struggling
STR reported China hotel RevPAR for the week ended 8/20 was up 89.7% year over year, up against an easy -43.4%.
Cambodia’s Ministry of Tourism said that while tourism is recovering, almost 50% of businesses in Cambodia’s main tourism hub of Siem Reap are still closed .
In India, mid-sized hotel brands have embarked on aggressive plans and are signing up hotels at a record pace, encouraged by a major turnaround in performance across the country.