Traditional Culture Encyclopedia - Hotel franchise - I don’t know how the occupancy rate of Ningbo Kaiyue Hotel is
I don’t know how the occupancy rate of Ningbo Kaiyue Hotel is
Hyatt Hotels' comparable owned and leased hotel occupancy rate is only 3.1%.
From a regional perspective, in the second quarter of this year, in the entire system, the occupancy rate of full-service hotels in the Americas was 5.2%, and the occupancy rate of selected hotels was 21.6%; the occupancy rate of full-service hotels in the Asia-Pacific region was 24%, and the occupancy rate of selected hotels was 24%. The occupancy rate of full-service hotels in Africa and the Middle East/Southern Asia was 6.4%, and that of selected hotels was 14.6%.
Hyatt Hotels President and CEO Mark S. Hoplamazian noted that there is still uncertainty about whether demand for hotels will fully return to pre-COVID-19 levels, but We are encouraged by the growth in demand in China and certain markets in the U.S. and other parts of the world.
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