Asia-Pac hotels taking 'strategic' tack with Covid-19, NUS study finds

Singapore

DESPITE the hit to business from the Covid-19 pandemic, hotels in the Asia-Pacific are less likely to lower room rates than hotels elsewhere.

That's even as the priority for three-fifths of regional hoteliers is on building occupancy, which has fallen by more than 15 per cent since the deadly disease emerged from Wuhan.