Tuesday 24 July 2012

Asia/Pacific Hotel Occupancy rises by 1.8 percent

Tuesday, July 24, 2012 - Hotels in the Asia/Pacific region experienced positive results in all three key performance metrics for June 2012 when reported in U.S. dollars, according to data compiled by STR Global. In year-over-year measurements, the Asia/Pacific region’s occupancy increased 1.8 percent to 66.2 percent, its average daily rate increased 5.4 percent to US$136.87 and its revenue per available room was up 7.3 percent to US$90.66. Year-to-date 2012 the region reported a 2.3-percent occupancy increase to 66.0 percent, a 3.3-percent rise in ADR to US$141.38 and a 5.7 percent growth in RevPAR to US$93.26.


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