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Another impressive year for hotels across Asia

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  • Another impressive year for hotels across Asia

    Hotel performance in Chinese cities also showed strong growth during 2005. Gross Domestic Product (GDP) was up 9.3% in 2005 and, coupled with an increase in the number of low-cost airlines expanding throughout the country, there has been a surge in domestic travel. Hong Kong SAR took fourth position in terms of revPAR growth, ending 2005 up 19.8% while recording the highest occupancy levels in China at 82%. No doubt the arrival of Mickey Mouse and friends in September 2005 has contributed to this strong performance.
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  • #2
    Re: Another impressive year for hotels across Asia

    ORDDU: Well, now, I don't mean to brag--but I just had an impressive year, too! (Only I can't give out the details of just what made it so understand...)