COVID-19 Report - Global Hotels
Hotel room availability and room rates at 4&5 star hotels remain depressed globally. Room availability and room rates remain depressed in Greater China. The impact of COVID-19 is being felt more acutely across the hotel sector in other APAC countries in recent weeks. As an early read on the fundamental health of luxury hotels, and the broader luxury sector, the indicators are still in decline. China is showing some stability but is not recovering.

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