China's Omicron Setback Not a Deterrent for Hotel Developers


Skift Take

China's national hotel performance sank amid an Omicron surge that is gripping major cities on the mainland as well as Hong Kong. But you wouldn't know that based on the development interest in the region from major companies like IHG.

Series: Daily Lodging Report

Daily Lodging Report

Skift’s Daily Lodging Report is a subscription-required, email-only newsletter read by anyone and everyone in the hotel investor, owner, and operator space, including CEOs of some of the industry’s top brands. It covers North America and Asia Pacific with two separate regional editions.

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Here’s a sampling of what the Daily Lodging Report provided to its readers this past week. If you’re not a subscriber, you should be. Don’t wait. Sign up now here.

Sunday, March 13

Mandarin Oriental Hotel Group has launched a branded collection of the world’s finest private villas and mansions in sought-after locations, while providing exceptional service and experiences. Mandarin Oriental Exclusive Homes is being launched in partnership with StayOne. Specific benefits of a Mandarin Oriental Exclusive Home include: exceptional and exclusive homes, dedicated personal concierge service, private, on-demand culinary experiences, luxurious housekeeping, family-friendly experiences, thorough hygiene and safety standards, luxurious amenities, and exclusive benefits for Mandarin Oriental regular guests. The initial Collection of Mandarin Oriental Exclusive Homes comprise the following: In Ibiza, Tagomago Private Island, The Palms, San Jose, and Villa Lagarto, Jesus. In the South of France, Villa Oxygen, Grimaud, and La Maison vue de Saint Jean, Ese-Mer. In Mallorca, Villa Puesta del Sol, Port d’Andratz and Ca’n Miquelet, Deia. In the U.K., the Cirencester Estate, Cotswolds.

Skift Note: A branded home rental offering that adheres to the brand standards of an actual Mandarin Oriental hotel makes for quite a competitive advantage over other hotel companies entering the vacation rental space. 

Monday, March 14

Things are getting worse instead of better in China regarding the Covid-19 outbreak, as authorities placed Shenzhen into a week-long lockd