Marriott has reopened all of its hotels in China and the group said it has seen a recovery on a business trip. The third largest hotel chain in the world has 350 outlets throughout China and says that occupancy rates now reach 40%. Marriott gave an optimistic statement Monday about its business in China because it emerged from locking up the corona virus. Last week he said the financial impact of this pandemic was more severe for the hotel chain than 9/11 and the 2008 financial crisis combined. Chief Martin executive Arne Sorenson said occupancy rates in Chinese hotels had been as low as 7% at the end of January when China was at the peak of the case. Sorenson said at a travel conference: “This is not only a developing tour, but also a business trip. The Chinese are flying again.” However, he warned that occupancy might not recover to pre-coronavirus levels for several years. Arriott said demand for hotel rooms in the US was also recovering but currently only around half the rate of Chinese property at 20%. The hotel group, which has around 30 brands including Ritz-Carlton, St. Regis and Sheraton, has extended leave for employees and reduced work weeks to early October. “Given the company’s expectations that the level of the previous business will not return until it exceeds 2021, the company is anticipating a significant amount of elimination of property positions above the end of this year,” he said in a statement. Rival Hilton reopened all 255 of its hotels in China two weeks ago and introduced the CleanStay initiative to protect employees and guests. The hospitality and travel industry in China is the first to be affected by a coronavirus outbreak, and is seen to be the slowest to recover when businesses and factories reopen across the country. Last month, Shanghai Disneyland reopened its gates despite introducing tight social distances. Daily rules and visitors are limited to around 24,000, compared to 80,000 pre-pandemic levels.
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