In Q2, the Greater China region's Revenue Per Available Room (RevPAR) doubled compared to the same period last year.
For now, there is an expectation that Country Garden's issues remain largely isolated to the housing side of the business and that hotels won't be affected.
Wyndham opened another 3,000 direct China rooms this quarter, driving a 13% China direct net room growth.
Airbnb said nights and experiences booked in the second quarter increased by almost 11%, missing analysts’ expectations.
The casino operator, which runs two properties in Macau, reported HKD820.9 million in profits attributable to its owners.
The 2023 net room growth rate is expected to be between 6.4% and 6.7%.
Demand is expected to remain strong for the coming months.
Second-quarter revenue per available room rose a remarkable 12% year-over-year.
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