News
Hotel occupancy rates fall in 1H24
The Tourism Administration says hotel occupancy rates fell in the first half of this year.
The administration is attributing more Taiwanese favouring traveling overseas following the Covid-19 pandemic. According to Tourism Administration officials, data shows the average occupancy rate of licensed tourist and general hotels fell by 2.9% from a year earlier to stand at 47.3% in the first six months of this year.
Meanwhile, the average occupancy rate of bed & breakfasts declined by 3.84 percentage points over the same period to stand at 22.69%.
Officials say fluctuations in foreign exchange rates also led Taiwanese to opt to travel to overseas destinations - especially the steep depreciation of the Japanese yen against the New Taiwan dollar. Data shows the number of Taiwanese travellers visiting Japan soared by 71.25% from a year earlier to about 1.4 million in the first six months of this year, making it the top choice for Taiwanese tourists.
