Thursday 23 August 2012

Asia/Pacific hotel industry's occupancy decreased by 2.2 percent

Thursday, August 23, 2012 - Hotels in the Asia/Pacific region experienced mixed results in the three key performance metrics for July 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 decreased 2.2 percent to 68.3 percent, its average daily rate ended the month virtually flat with a 0.2-percent increase to US$136.06 and its revenue per available room was down 2.1 percent to US$92.86.

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