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.
Asia expected to fuel recovery as Western travel demand levels off
Cross-border travel into China still has room to recover, Marriott says. © Reuters
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.