Travel across the Asia Pacific region (APAC) is well on its way to recovery, with growing travel demand across all markets as the industry approaches the second half of the year. Data from Amadeus’ Demand360® shows that in the first quarter of 2023 (January-March), the region saw a hotel of 61.7%, surpassing 2019 levels by 3%, thanks to the recent reopening of Greater China's border. Greater China is leading APAC’s recovery growth, with Q1 2023 hotel occupancy in APAC outpacing pre-pandemic levels by 5%, as compared to Q1 2019. Meanwhile, Australia and New Zealand (ANZ) have the highest hotel occupancy level in APAC for Q1, trending up from 64.5% in January 2023 to 76.5% in March 2023. Hotel occupancy levels in major APAC markets improved throughout Q1 2023. Tokyo is one of several markets with strong performance as hotel occupancy rates reached more than 80% and exceeded records from mid-March to April 2023 during the cherry blossom season. Additionally, Sydney hotels averaged 85% occupancy from February to March 2023. Singapore hotels outperformed prior record highs in 2019 by 2-3% in February and March 2023. Seoul hotel occupancy from January to March 2023 was 7% higher than 2019 performance for the same time period. Notably, the major markets experiencing the highest regional hotel occupancies in Q1 are Tokyo, Hong Kong, Seoul, Shanghai, and Beijing, with rates higher than 70% during the Easter week from 7 to 10 April 2023. Maria Taylor, Head of Commercial, Asia Pacific, Hospitality, Amadeus, concludes, Amadeus makes the experience of travel better for everyone, everywhere by inspiring innovation, partnerships and responsibility to people, places and planet. Our technology powers the travel and tourism industry. Inspiring more open ways of working. More connected ways of thinking, centered around the traveler. Our open platform connects the global travel and hospitality ecosystem. From startups to big industry players and governments too. Together, redesigning the travel of tomorrow. We are working to make travel a force for social and environmental good. A collective responsibility to protect and improve the people and places we visit, ensuring travel continues to make positive contribution to our world. We apply innovation to meet new needs, to solve real challenges. Our truly diverse global workforce, made up of 150 nationalities, is passionate about travel and technology. We are an IBEX 35 company, listed on the Spanish Stock Exchange under AMS.MC. We have also been recognized by the Dow Jones Sustainability Index for the last 13 years. Amadeus. It's how travel works better. To find out more about Amadeus, visit www.amadeus-hospitality.com.We are beyond thrilled by the hospitality resurgence that is currently taking place across Asia Pacific compared to pre-pandemic levels. This is a hopeful sign that APAC-based hoteliers may expect a substantial rebound in the long run as travel has picked up its pace, both domestically and internationally.
Contact
Alison Guillot
Email: alison.guillot@amadeus.com
Organization
Amadeus Hospitality
https://www.amadeus-hospitality.com/
75 New Hampshire Avenue
USA
- Portsmouth, NH 03801
Tollfree: 888-829-8871
Phone: 1 603 436 7500
Email: info@amadeus-hospitality.com
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