The North Asia and Greater China subregion was the last part of Asia Pacific to lift its travel and border restrictions, with Mainland China reopening to tourism in January 2023.
The loosening of travel constraints created expectations of a significant increase in Chinese travellers, and leisure demand is expected to remain the key driver of recovery in the year ahead.
Beijing
- International visitor arrivals YTD 2023: 750,735
- RevPAR YTD Oct 2023 (in local currency): RMB 436
- RevPAR recovery relative to 2019: 92%
Shanghai
- International visitor arrivals YTD 2023: 2,300,000
- RevPAR YTD Oct 2023 (in local currency): RMB 421
- RevPAR recovery relative to 2019: 96%
Hong Kong
- International visitor arrivals YTD 2023: 23,321,981
- RevPAR YTD Oct 2023 (in local currency): HKD 965
- RevPAR recovery relative to 2019: 106%
Seoul
- International visitor arrivals YTD 2023: 7,650,151
- RevPAR YTD Oct 2023 (in local currency): KRW 158,216
- RevPAR recovery relative to 2019: 138%
Tokyo
- International visitor arrivals YTD 2023: 20,322,030*
- RevPAR YTD Oct 2023 (in local currency): JPY 18,302
- RevPAR recovery relative to 2019: 109%
Kyoto
- International visitor arrivals YTD 2023: 2,676,810*
- RevPAR YTD Oct 2023 (in local currency): JPY 17,926
- RevPAR recovery relative to 2019: 107%
Osaka
- International visitor arrivals YTD 2023: 4,369,069*
- RevPAR YTD Oct 2023 (in local currency): JPY 12,753
- RevPAR recovery relative to 2019: 106%
For more insights on the North Asia & Greater China hospitality market, download the report here
* International Visitor Nights
Note: Hotel trading performance refers to Beijing marketwide, Hong Kong marketwide, Kyoto Upscale, Osaka marketwide, Incheon & Seoul marketwide, Shanghai marketwide, and Tokyo marketwide.
Source: JLL, STR, Bureau of Infrastructure and Transport Research Economics (BITRE), Hong Kong Tourism Board, Japan Tourism Agency (JTA), Korean Hotels Association, The Shanghai Municipal Tourism Administration
