NEW YORK -- Revenue in China for the top three U.S. hotel groups has exceeded pre-pandemic levels for the first time, raising hopes that Asia will drive growth for the rest of 2023.
Marriott International, Hilton Worldwide and Hyatt logged higher revenue per available room -- a key industry metric known as RevPAR -- in China for the second quarter of 2023 than for the same period in 2019.
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)